High-performance elastomers market to grow at 6.4%

Leatherhead, UK – Global demand for high-performance elastomers is set to show a five-year growth rate (CAGR) of 5.9%, from 918,300 tonnes in 2012 to 1.22 million tonnes by the end of 2017, Smithers Rapra estimates.

And in its new report, the UK-based market watcher also predicts an increased CAGR of 6.4% in the years ahead – demand on track to reach 1.67 million tonnes between this year and 2022.

Growth is being driven by a move to higher-specification materials, especially in terms of heat and chemical resistance,…

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