Market Highlights:
Ethylene Propylene Diene Monomer elastomers continue to be one of the most commonly used and fastest growing synthetic rubbers. Improvement of quality and durability in ethylene propylene diene monomer design and performance has resulted in wide usage in automotive weather-stripping and seals, roofing membrane, electrical insulation glass-run channel, radiator, appliance hose, tubing, belts, roofing membrane, rubber mechanical goods, plastic impact modification, thermoplastic vulcanizates and other applications. Ethylene propylene diene monomer are valuable for their excellent resistance to heat, oxidation, ozone and weather aging due to their stable, saturated polymer backbone structure.
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Ethylene Propylene Diene Monomer Key Players:
Key players of the global ethylene propylene diene monomer market are
- Exxon Mobil Corporation (US)
- The Dow Chemical Company (US)
- Mitsui Chemicals, Inc. (Japan)
- LANXESS AG (Germany)
- Firestone Building Products Company (US)
- Sumitomo Chemical Co. Ltd. (Japan)
- Kumho Polychem Co., Ltd (South Korea)
- Johns Manville. (US)
- Carlisle Companies (US)
- Lion Elastomers (US)
Global Ethylene Propylene Diene Monomer Regional analysis:
The Global Ethylene Propylene Diene Monomer Market is classified based on variegated geographic segmentation which involves regions such as America, Europe, Asia-Pacific, Middle East and Africa. Out of all, Asia Pacific ethylene propylene diene monomer market is largest market owing to robust industry growth of application industry in China, Japan, India Thailand and South Korea.
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Asia Pacific ethylene propylene diene monomer market size is likely to witness highest gains over the forecast period. Positive stance on end-use industries such as automotive, building & construction, plastics industry, and others in countries like China & India is predicted to drive demand. Above all China is major dominating country owing to large scale production of end user industries such as automotive industry and building & construction industry.
The North American markets is predicted to show a rising growth in the forecasted period. Investments and development are a key strategy of this ethylene propylene diene Monomer market some manufacturing companies, associations, and end-product manufacturers give high investments for advancements and developments of ethylene propylene diene monomer to fulfill the new technology demand required from different end-user industries applications.
Global Ethylene Propylene Diene Monomer Market Segmentation:
The global ethylene propylene diene monomer market has been segmented into application and end use industries. Based on application, the market has been divided into roofing membrane, electrical insulation, weather-seal, thermoplastic vulcanizes, tubing, lubricant additive, and other applications and on the basis of end user market is divided into automotive, building & construction, plastics industry, and others. Among these end user industry automobile covers the largest ethylene propylene diene monomer market share.
EPDM has features like excellent elasticity, wear resistance, heat resistance, weather resistance, ozone resistance, fresh water & seawater resistance owing to these feature it has a wide application in automotive industry specially in weather-strip, sealing components in engine cooling aircon system, coolant transfer hoses, shock absorber, dust proof cover, and tire sidewall.
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Table Of Contents:
1 Executive Summary
2 Scope Of The Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview Of Global Ethylene Propylene Diene Monomer Market
To Be Continue……
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