EPDM
(Ethylene Propylene Diene Monomer) is a type of synthetic rubber. The market of
ethylene propylene diene monomer rubber market is classified on the basis of
end users, product and area segment. Ethylene propylene diene monomer has tremendous
flexibility at high and low temperatures. Basically, the ethylene propylene
diene monomer rubber are used in construction, electrical, plastics and the
other end user industries. Ethylene propylene diene monomer has a great
resistance to high temperatures, solvents, tearing and others. EPDM (ethylene
propylene diene monomer) has a high density synthetic rubber which is very
durable. Generally, the usage of Ethylene propylene diene monomer rubber takes
place in the production of light weight component in the automotive industry.
Furthermore, the applications of ethylene propylene diene monomer are split
into auto parts, building waterproof material, cable sheath, heat resistant
rubber hose and others. The ethylene propylene diene monomer is used by product
type such as Modified ethylene propylene rubber and thermoplastic
ethylene-propylene rubber. Majorly due to its wide usage and product type the
market of ethylene propylene diene monomer represent the positive growth in the
current scenario.
Due
to significant growth in this sector, many companies have started operating
into this market with the proper usage of the ethylene propylene diene monomer
effectively which is related to the product such as EPDM rubber. According to
the study, ‘Asia
EPDM Rubber Industry Situation And Prospects Research Report’ suggest
that some of the key players which are currently operating in this sector
includes such as Lanxess, ExxonMobil, DOW, SK Chemical, JSR/Kumbo, Sumitomo,
Lion Elastomer, MITSUI, PJSC Nizhnekamskneftekhim, SABIC, Eni, SSME, Jilin
Xingyun Chemical. This report also provide the information about the key
players of the ethylene propylene diene monomer such as company profile,
production introduction, capacity, production, price, revenue, cost, gross
margin analysis 2012-2017 and others.
Major
products which are made through use of EPDM include o-rings, barriers, valves,
pumps and others which positively drive the demand of the product in the
market. Automotive industry is the key consumer of EPDM market. Automotive
industry is the largest end-user and is expected to witness the fastest growth
in the future as well. However, the demand for ethylene propylene diene monomer
is expected to grow in the coming years in construction as well which is followed
by automotive industry. Furthermore, the research and development in the
technology of manufacturing helps in the growth of the ethylene propylene diene
monomer rubber market. Therefore, with the usage and advancement the market has
become more competitive and not only has this, new investments and
opportunities bring the growth even more.
Based
on the global ethylene propylene diene monomer rubber market is classified into
China, Japan, India, Korea, Saudi Arabia and other regions. Basis on the study Asia-Pacific
have been the largest and fastest increasing market for EPDM rubber across the
globe. In addition, the ethylene propylene diene monomer develop the market
trends, having a major impact on the development in the production over recent
years. The trends include rise in automotive sector along with growth in the
real sector and furniture industry in the major developing nations such as
India, Japan and others. Majorly due to rise in demand of the product, it is
expected that the companies will be investing more in this industry which
positively drives future of the market.
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