© 2016 Global Market Insights. All Rights Reserved Ethylene Propylene Diene Monomer (EPDM) Market Size, Share and Forecast EPDM Market size worth $4.28 billion by 2024 Market size: USD 2.68 billion in 2015 Market size Projected: USD 4.28 billion by 2024 Gain rate expected: Exceeding 5% up to 2024

© 2016 Global Market Insights. All Rights Reserved  Ethylene Propylene Diene Monomer (EPDM) Market size is expected to reach USD 4.28 billion by 2024; according to a new research report by Global Market Insights, Inc.  Global EPDM market size is mainly categorized on primary applications which include construction, electrical & electronics, plastics, automotive, lubricant additives, and others. Automotive dominated the application base and accounted for over 40% of the global EPDM market share in  It is widely used in manufacturing automobile components such as bumpers, door seals, and braking system. Growing consumer demand for automotive and wide range of applications in this space is likely to ensure continued gains in this sector.  Construction, on the other hand is expected to help demand grow rapidly (over 6%) in terms of revenue by Increasing construction spending in BRIC nations is anticipated to propel EPDM market share for construction applications. Global Market Scenario of EPDM Industry

© 2016 Global Market Insights. All Rights Reserved  Along with the above applications, increasing potential for polymer modification in the industrial sector will boost demand. Global personal & commercial automotive sales were approximately 90 million units in  It is also a key raw material used in plastic modification in thermoplastic olefins (TPO) and thermoplastic vulcanizates (TPV). Light-weight and increased strength characteristics of TPO make it attractive for automotive and construction sectors. This in turn helps the automotive industry to abide by various stringent government regulations aimed at reducing carbon emissions produced by vehicles.  Global production capacity has witnessed steady expansion by industry players, resulting in product oversupply, which may hinder EPDM market price trends. Petroleum based products are required in production and therefore fluctuating crude oil prices may negatively impact industry growth. However, the development & commercialization of bio based EPDM products is anticipated to provide new industry growth opportunities in the near future. Continue..... Latest Research Report On EPDM

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© 2016 Global Market Insights. All Rights Reserved Product Analysis:- Plastic plays a vital role in various end user industries. It is one of the major raw materials used in plastic modification application, primarily employed in the polymer modification process for olefinic thermoplastic elastomers such as thermoplastic olefin (TPO) and thermoplastic vulcanizates (TPV). Global TPO market size was more than 950 kilo tons in 2015 and is projected to surpass 1500 kilo tons by TPVs are polymeric compounds that demonstrate elastomeric properties over a wide temperature range and thermoplastic behavior at the melt temperature. 360° Analysis Inquire for Buying Industry

© 2016 Global Market Insights. All Rights Reserved Regional Analysis: Automotive EPDM market size was valued at over USD 1.07 billion in Apart from steel, aluminum and other synthetic rubbers, it is one of the key raw materials used in automotive component production. Construction applications are projected to expand at over 5% CAGR in terms of revenue. 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. Competitive Analysis: Global EPDM market share is highly competitive. Major industry includes Petrochina Co. Ltd., Versalis, Exxonmobil Chemical Company, SK Global Chemical Co. Ltd., and Mitsui Chemicals Inc. Other significant market share contributors are Carlisle Companies Inc., DOW Elastomers, John Manville Inc., JSR Corporation, Kumho Polychem Co. Ltd., Lanxess AG, Lion Copolymer LLC, OAO Nizhnekamskneftekhim, and Sumitomo Chemical Co. Ltd. Although there is a lot of captive consumption of raw materials, there is also a boost in raw material markets due to increasing demand. Along with Chinese companies, the degree of competition is anticipated to remain high over the duration of the forecast period. Request for customization:

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