Also, growing automotive industry, mainly in Indonesia, will further propel industry growth in future years. Increasing environmental concerns regarding the emission of VOCs during the production of EPDM is one of the major restrictions for the growth in market.
The significant demand for thermoplastic vulcanizates TPV and thermoplastic olefins TPO in a range of sectors such as consumer goods, medical devices, packaging, and construction has been predicted to bode well for the market. 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.
Among all the countries, China dominates the market inclosely followed by U.
Global TPO market size was more than kilo tons in and is projected to surpass kilo tons by Market size and forecast for numerous end-users have been provided in terms of global, regional, and country level markets.
High per capita customers spending along with increasing renovation activities in residential and commercial buildings is likely to boost regional growth.
Increasing polymer use in construction for roofing purposes will drive EPDM market up to Owing to its extraordinary resistance to heat, cold, sunlight, and air pollution, this polymer has seen an ever increasing demand for roofing purposes which is in turn anticipated to boost EPDM market share further in the construction industry.
In the past few years, the automotive sector has witnessed significant traction in developing economies across Latin America and Asia Pacific.
The report includes detailed value chain analysis, which provides a comprehensive view of the global EPDM market.
End-user Analysis Building and Construction. Its propensity to absorb oil makes it advantageous to be used in oil viscosity improving applications. Asia Pacific was the largest regional EPDM market in and is estimated to continue its dominance over the next six years. The automotive industry is growing at a rapid pace in the Asia-Pacific region.
TPVs are polymeric compounds that demonstrate elastomeric properties over a wide temperature range and thermoplastic behavior at the melt temperature. Snapshot The global ethylene propylene diene monomer EPDM market is marked by the rapid influx of a number of small- and medium-sized companies, sustained rise in demand from industries such as automotive and construction, and shifting preference from conventional to bio-based products.
The report provides the actual market size of EPDM for and estimated market size for with forecast for the next eight years. Key points covered in the report Report segments the market on the basis of types, application, products, technology, etc as applicable The report covers geographic segmentation North America Asia RoW The report provides the market size and forecast for the different segments and geographies for the period of to The report provides company profiles of some of the leading companies operating in the market The report also provides porters five forces analysis of the market.The global ethylene propylene diene monomer (EPDM) market has been foreseen by Transparency Market Research (TMR) to exhibit a significant level of consolidation.
However, the consolidated nature of the market could mellow down as a vast count of companies consider ventures, also intensifying the degree of polkadottrail.comon: State Tower, 90 State Street, SuiteAlbany, Global Ethylene Propylene Diene Monomer Market is expected to expand at a healthy pace of % over the period between and ; EPDM market, which had a valuation of US$ bn inis expected to rise to US$ bn by Location: State Tower, 90 State Street, SuiteAlbany, Global Ethylene Propylene Diene Monomer market is expected to grow at ~% CAGR duringGlobal Ethylene Propylene Diene Monomer Market categorizes the Global Market by Application, End User and Region | Ethylene Propylene Diene Monomer Industry Table13 Europe Ethylene Propylene Diene Monomer for End User Market: By Country, EPDM (Ethylene Propylene Diene Monomer) Market Report Cover Global Industry Analysis, Size, Share, Marketing Growth and Forecast to Asia’s impact on the ethylene propylene diene monomer (EPDM) market cannot be underestimated.
It is therefore vital for buyers, sellers and traders of EPDM to have access to accurate information on current prices, supply, demand and other trading activities affecting the global market.
Supply of. The global ethylene propylene diene monomer (EPDM) market is expected to register a CAGR of % during the forecast period, Asia-Pacific dominated the global EPDM market, and is also expected to register the fastest CAGR through the forecast period.Download