Ethylene Propylene Diene Monomer Market Grow at 6% CAGR by 2019 Says a New Research Report at ReportsnReports.com
Dallas, Texas (PRWEB) July 03, 2015 -- According to Global EPDM Market 2015-2019 report manufacturers are setting up bio-based EPDM production plants because of environmental concerns. With the help of feedstock such as sugar cane, EPDM can be manufactured in an eco-friendly process. Lanxess has set up a bio-based EPDM production plant in Brazil that uses sugarcane as feedstock instead of ethylene. Brazilian automotive suppliers are using bio-based EPDM rubbers from Lanxess in window rubber seals.
The Global EPDM Market 2015-2019 report spreads across 82 pages and provides 36 Exhibits to support the market research. The complete report available at http://www.reportsnreports.com/reports/403582-global-epdm-market-2015-2019.html.
The analysts forecast the global EPDM market to grow at a CAGR of 6.67% over the period 2014-2019. According to the report, growth in the automotive sector is the main driver. The rapid growth of automobiles in developing countries is contributing to this market as EPDM is used in the manufacture of many components such as brake parts, radiators, tubes, and belts.
Further, the report states that fluctuation of raw material costs is hindering the market growth.
EPDM Market Segmentation by Application:
• Automotive
• Molded Goods
• Building and construction
• Lubricant additives
• Plastic modification and others
The EPDM is widely used in the automotive sector to manufacture:
• Hoses
• Belts and O-rings
• Highly engineered seals for automobiles, windows, doors, and mass transit.
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Market Segmentation by Process:
• Solution Process
• Slurry Process
• Gas-phase Process
The following companies are the key players in the Global EPDM Market: Dow Chemical, Exxon Mobil, Lanxess, Lion Elastomers and Mitsui Chemical.
Other Prominent Vendors in the market are: Bayer Polymers, Carlisle, Crompton, Firestone Building Products, Herdillia, Jilin Chemical, Johns Manville, JSR, Kumho Petrochemical, NizhnekamskNeftekhim, PetroChina, Polimeri Europa, SK Global Chemical, Sumitomo Chemical and Versalis.
Market Driver: Demand from Automotive Sector
Market Challenge: Fluctuation in Prices of Raw Materials
Market Trend: Increased Production of Bio-based EPDM
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Global EPDM Market Segmentation
Exhibit 3: EPDM Properties
Exhibit 4: Global EPDM Market 2014-2019 ($ billions)
Exhibit 5: Global EPDM Market 2014-2019 (kT)
Exhibit 6: Global EPDM Installed Capacity and Production 2013-2019 (Kt)
Exhibit 7: Global EPDM Trade Balance 2003-2014 (billion tons)
Exhibit 8: Global EPDM Market by Application
Exhibit 9: Global Market by Application 2014 and 2019
Exhibit 10: Global Market for Automotive Sector 2014-2019 ($ billions)
Exhibit 11: Global Market for Molded Goods Sector 2014-2019 ($ billions)
Exhibit 12: Global Market for Building and Construction Sector 2014-2019 ($ billions)
Exhibit 13: Global Market for Lubricant Additive Sector 2014-2019 ($ billions)
Exhibit 14: Global Market for Plastic Modification Sector 2014-2019 ($ billions)
Exhibit 15: Global Market for Other Sectors 2014-2019 ($ billions)
Exhibit 16: Global Market by Process
Exhibit 17: Market by Geography 2014 and 2019
Exhibit 18: Market in APAC 2014-2019 ($ billions)
Exhibit 19: Market in Europe 2014-2019 ($ billions)
Exhibit 20: Market in North America 2014-2019 ($ billions)
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Ritesh Tiwari, ReportsnReports.com, http://www.reportsnreports.com/, +1 (888) 391-5441, [email protected]
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