1 / 6

EPDM Market Research worth 7.2 Billion USD by 2020

EPDM Market (Ethylene Propylene Diene Monomer) report categorizes the global market by Application (Lubricant Additives, Wires & Cables, Tires and Tubes, Building & construction, and Automotive) and by Geography.

mohan123
Download Presentation

EPDM Market Research worth 7.2 Billion USD by 2020

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. MarketsandMarketsPresents EPDM Market Research worth 7.2 Billion USD by 2020

  2. The report “EPDM (Ethylene Propylene Diene Monomer) Market by Application (Automotive, Building & construction, Tires and Tubes, Wires & Cables, and Lubricant Additives,) and Regional analysis - Trends & Forecast to 2020” , This reportdefines and segments the EPDM market with analysis and forecast of the market size. Browse 107 market data tables and 77 figures spread through 185 Pages and in-depth TOC on “EPDM (Ethylene Propylene Diene Monomer) Market by application (Automotive, Building & construction, Tires and Tubes, Wires & Cables, and Lubricant Additives,) and Regional Analysis - Trends & Forecast to 2020” http://www.marketsandmarkets.com/Market-Reports/epdm-rubber-market-483.html Early buyers will receive 10% customization on reports. The global EPDM market size is projected to reach USD 7.2 Billion by 2020. This growth is fueled by the growing end-use industry, increasing demand for elastomers, rising development strategies, and increasing expansion and acquisition activities.

  3. The global EPDM market size, in terms of value, is projected to reach USD 7.2 Billion by 2020, at a CAGR of 5.4% between 2015 and 2020. The increase usage of EPDM in plastic modification applications, increasing domestic consumption in China, and continuous expansion activities undertaken by companies are key factors driving the growth of the global market. The lubricant additive is projected to be the fastest-growing application segment of EPDM market between 2015 and 2020 owing to the fact that it is an indispensable feature of all machinery, ranging from applications which enable the manipulation of very small parts to the movement of very heavy masses. EPDM is used as a viscosity improver (VI) in lubricants. Its propensity to absorb oil makes it advantageous to be used in oil viscosity improving applications. The automotive industry is the largest-growing end-use industry segment in the global EPDM market. The consumption of EPDM in the automotive industry globally is mainly due to its high heat and weather resistance, and vibration absorbing properties. It is because of these properties that EPDM is also used in various applications such as hoses, mechanical goods for under-hood applications, body sealing, weather-stripping, belts, engine mounts, brake parts, windshield wipers, etc. Currently, Asia-Pacific is the largest market for EPDM, accounting for around forty percent of the global market size, by value and volume, in 2014. Among all the countries, China dominates the market in 2014, closely followed by U.S. Malaysia is the fastest-growing market in the world and is expected to surpass China and Japan in the EPDM market in the near future. Along with the rising demand of EPDM in the Asia-Pacific region, international EPDM manufacturing companies find it reasonable to manufacture EPDM products in the Asia-Pacific region than other regions due to the lower cost of labor..

  4. MarketsandMarketsis the largest market research firm worldwide in terms of premium market research reports published annually. Serving 1,700 Fortune organizations globally with more than 1200 premium studies in a year, MarketsandMarkets caters to multitude of clients across 12 different industry verticals. • MarketsandMarkets flagship Competitive Intelligence and Market Research platform - "RT"- connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of high growth niche markets. • We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository ABOUT MARKETSANDMARKETS

  5. Mr. RohanMarketsandMarkets INC.701 Pike Street Suite 2175, Seattle, WA 98101, United States USA : 1-888-600-6441UK : 44-800-368-9399Email: sales@marketsandmarkets.com CONTACT

More Related