Published by FACT MR
Posted on September 24, 2021
5 min readLast updated: February 2, 2026
MDI-based cast elastomers are gaining traction in the automotive industry due to their lightweight properties, boosting adoption by e-automakers.
Cast Elastomers are extensively used in automotive industry as these are suitable for producing bundle of automotive parts. Properties such as high elongation rate and low compression to bolster the integration of cast elastomers in automotive industry over long-run forecast period.
In 2018, total output of automobile stood at 95 million compared to 77 million in 2010. This is equivalent to 3% CAGR over this period. Huge leap of automotive industry is assisted by strong demand growth of electric vehicles across regions. Change in regional regulations and policies with respect to implementation has provided strong boost to the electrical vehicle penetration across the globe.
Explosion of electric vehicle business over the past half-decade has paved way for increased demand for cast elastomers. Owing to the light weight property of cast elastomers, their adoptability by e-automakers has increased by multiple folds over the same period.
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Another market driver is the growing trend towards lightweight vehicle production. Cast elastomers are designed to meet the growing demand for improved efficiency of car. Market players are developing and manufacturing multifunctional cast elastomers as a result of favorable regulatory scenarios and the growth of end-use industries.
Cast elastomer are in high demand around the world, thanks to their widespread use in application such as industrial wheels, rollers and machinery, where they have tough abrasion resistance and high load-bearing capability. Rise in the number of manufacturing facilities around the world, as well as increased government spending on infrastructure growth, are expected to fuel demand for cast elastomers in these industries.
“High R&D spending to enhance cast elastomer properties will aid market growth over the short-run forecast period,”says a Fact.MR analyst.
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Vital players have been spending on research & development to come up with novel applications of the product. These enhancements will drive demand for cast elastomers in the medium- to long-term forecast period.
Fact.MR, in its new offering, presents an unbiased analysis of the cast elastomers market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031. The study divulges essential insights on the market on the basis of product type (hot and cold), raw material (TDI-based, MDI-based, aliphatic, and others (polyurethane and NDI-based)), and end-use industry (automotive, building & construction, industrial process & material handling, mining, oil & gas, energy & power, and others (including agriculture, medical, and 3d printing), across major regions of the world (North America, Europe, Latin America (Brazil, Mexico, Rest of Latin America), Middle East & Africa( GCC Countries, South Africa, Rest of Middle East & Africa), and Asia Pacific (China, India, Japan, ASEAN, Rest of Asia Pacific).
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The post Owing To The Light Weight Property of MDI-based Cast Elastomers, Their Adoptability by E-Automakers Has Increased appeared first on The Cloud Tribune.
The article discusses the increased adoption of MDI-based cast elastomers by e-automakers due to their lightweight properties.
How are cast elastomers impacting the automotive industry? They are enhancing vehicle efficiency and supporting electric vehicle growth.
What is the expected market growth? A 5% CAGR is projected for the cast elastomers market through 2031.
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