North America Ethylene Propylene Diene Monomer Market is Expected to Reach $1,537.5 Million by 2019 – A Report by MicroMarket Monitor
(PRWEB) April 16, 2015 -- The North American Ethylene Propylene Diene Monomer (EPDM) report analyzes the Ethylene Propylene Diene Monomer market in North Amercia with respect to market drivers, opportunities, and trends in different regions.
Browse through the TOC of North America Ethylene Propylene Diene Monomer market for an analysis of industry trends, segments & forecasts.
http://www.micromarketmonitor.com/market/north-america-ethylene-propylene-diene-monomer-epdm-3839857438.html
The North American ethylene propylene diene monomer market is significantly penetrating its end-use industries. Ethylene propylene diene monomers have different characteristics as per their manufacturing and application requirement in end products. North America is expected to dominate this market due to the increasing demand for ethylene propylene diene monomer in different applications, especially in the automotive, building & construction, plastic modification, tires & tubes, wire & cables, and lubricant additive industries. The North American market is estimated to show a rising growth in the next five years with the allied industries expected to stabilize the overall business need in the respective regions.
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Investments and expansions are a key strategy in this market. Manufacturing companies, associations, and end-product manufacturers infuse high investments for future advancements and technology modifications of ethylene propylene diene monomer to match the new demands coming from different end-user industries.
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North America is one of the largest regions, both in terms of volume and value, in the EPDM market. The U.S. and Canada are expected to persist as successful ethylene propylene diene monomer markets. Key players in the North America ethylene propylene diene monomer market include Dow Chemical Co. (U.S.), ExxonMobil Chemical Co. (U.S.), Lion Chemical Capital (U.S.), and Lanxess AG (Germany), among others.
This report also contains analysis that covers the important developments, expansions, agreements, and mergers & acquisitions in the North American EPDM market.
The North American ethylene propylene diene monomer market was valued at $1,135.8 million in 2013, and is estimated to reach $1,559.86 million by 2019, growing at a CAGR of 5.6% from 2014 to 2019.
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The European phthalic anhydride market, along with its applications, has witnessed strong growth in the past few years, which is estimated to decline in the coming years. Phthalic anhydride is one of the basic organic chemical raw materials widely used in plastic, paints & coatings, dyes, building & construction, pharmaceuticals, and rubber industries. Diversified applications of phthalic-based plasticizers in a broad spectrum of industries is the major reason for the soaring demand of plasticizers in Europe; the consumer shift towards sustainable products impacts the demand for phthalic anhydride and its applications in various industries.
http://www.micromarketmonitor.com/market/europe-phthalic-anhydride-4390394438.html
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