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.
Global Ethylene Propylene Diene Monomer Market is expected to witness a significant growth of USD ~ 7.58 billion by 2022 with CAGR of ~5.5% between 2016 and 2022.
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),
- Others.
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Commenting on this report, an analyst from Market Research Future (MRFR)’s team said, “Global Ethylene Propylene Diene Monomer Market size is expected to grow at ~5.5% CAGR by 2022. The market witnessed a significant growth over the forecasted period owing to growing end user industries such as into automotive, building & construction, plastics industry, and others.
Ethylene propylene diene monomer is an elastomer formulated from ethylene and propylene monomers. EPDM has exceptional resistance to heat, ozone, sunlight, alkalis, acids and oxygenated solvents. It has very good temperature flexibility, superior resistance to water and steam. EPDM offers higher quality for external and differing temperature applications. Presently automobile industry has the biggest EPDM consumption.
Regional analysis:
The global ethylene propylene diene monomer market is classified on the basis of 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. 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 predict 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.
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Segmentation
The global ethylene propylene diene monomer market is majorly segmented on the basis of application, end users and region. Based on application of EPDM the market is segmented into roofing membrane, electrical insulation, weather-seal, thermoplastic vulcanizes, tubing, lubricant additive, and other applications. Based on end user the market segmented into automotive, building & construction, plastics industry and others and based on region market is segmented into North America, Europe, APAC, Latin America, and Middle East & Africa.
Table of Content
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Ethylene Propylene Diene Monome Market
5 Industry Overview Of Global Ethylene Propylene Diene Monomer Market
Continue……..
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