Allied Market Research

2024

Elastomeric Alloys Market

Elastomeric Alloys Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, Application : Global Opportunity Analysis and Industry Forecast, 2021-2030

MC : Advanced Materials

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Author's: | Eswara Prasad
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Elastomeric alloys are the class of thermoplastic elastomers that comprise of combinations of two polymers that have received an exclusive treatment to give them properties altogether better than those of basic mixes of similar constituents. The two types of commercial elastomeric combinations are dissolved processable rubbers (MPRs) and thermoplastic vulcanizates (TPVs). Elastomeric alloys fall under the classification of thermoplastic elastomers. An elastomeric alloy is a mix of thermoplastic and an elastomer. However, they have essentially better properties analyzed than conventional blends, as they are manufactured by utilizing specific thermoplastic handling methods. Typically, an elastomeric alloy contains polymer alloys of elastic and an olefinic resin. Industrially accessible elastomeric alloys are thermoplastic vulcanizates, liquefy processible rubbers, and thermoplastic olefin.

COVID-19 Impact analysis

  • The lockdown situation has brought about the shutdown of various manufacturing units of elastomeric alloy which brought about a decline of sales and also disrupted the supply chain.
  • During the pandemic, different industries were temporarily on halt, which has resulted in less consumption of elastomeric alloy in these industries, which in turn has adverse impact on the market.
  • During the pandemic, the production activity of the Precision Instruments, Energy Storage Components, Miniature Switch has been halted where elastomeric alloy is utilized in various purpose, consumption rate and demand both simultaneously affected the market.

Market Trends

  • In July 2020, PolyOne Corporation, a leading global provider of specialized polymer materials, services and sustainable solutions, has completed its purchase of the color masterbatch businesses of Clariant and Clariant Chemicals India Ltd.  PolyOne also announced that it has changed its name and will now be called Avient. This acquisition will bring two global leaders together to create a specialty company focused on sustainable solutions for the customers, a Great Place to Work for the associates, and creating value for all stakeholders
  • In January 2020, Saint-Gobain has announced that Continental Building Products obtained shareholder approval to be acquired by Saint-Gobain. These strategies will enhance asset portfolio and enhances ability to provide wider customer base with innovative solutions.
  • In April 2019, the Eastman Chemical Company announced its acquisition with the Marlotherm from Sasol, a global chemical and energy company, the Marlotherm heat transfer fluids manufacturing assets located in Germany and related formulations, intellectual property and customer contracts. This acquisition enables Eastman to enlarge its heat transfer fluids product offerings to customers around the globe.

Key Benefits of the Report

  • This study presents the analytical depiction of the elastomeric alloys industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the elastomeric alloys market share.
  • The current market is quantitatively analyzed to highlight the elastomeric alloys market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed elastomeric alloys market analysis based on competitive intensity and how the competition will take shape in coming years

Questions answered in the elastomeric alloys Report

  • Who are the leading market players active in the elastomeric alloys market?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
  • Which Government regulations might challenge the status of key regional markets?
  • What are the key barriers to enter for the new players in the market?
  • What value proposition should businesses aim at while making new research and development funding?

Elastomeric Alloys Market Report Highlights

Aspects Details
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By Type
  • Copper-based Alloy
  • Fe-Ni-Cr -Ct
  • Ni-Cr-Nb
  • Ni-Co-Cr
  • Nb-Ti
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By Application
  • Precision Instruments
  • Energy Storage Components
  • Miniature Switch
  • Others
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
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Key Market Players

Clariant International Limited, E. I. du Pont de Nemours and Company, PolyOne Corporation, Evonik Industries, Solvay Chemicals International, Alliance Polymer, Eastman Chemical Company., BASF SE, Saint-Gobain, Exxon Mobil Corporation

Key Market Players

Troy Corporation, Dow Chemicals, Others

Elastomeric Alloys Market

Global Opportunity Analysis and Industry Forecast, 2021-2030