Chemicals and Materials Acrylic Elastomers Market New
The report "Acrylic Elastomers Market by Type (Acrylic Co-monomer Elastomer/ACM
& Ethylene Acrylic Elastomers/AEM), End-Use Industry (Automotive, Construction,
Industrial), and Region (North America, APAC, Europe, and Rest of the World) -
Global Forecast to 2022", published by MarketsandMarkets™, the Acrylic Elastomers
Market is projected to grow from USD 648.2 million in 2017 to USD 983.9 million by 2022,
at a CAGR of 8.7% during the forecast period. The growth of the Acrylic Elastomers Market
can be attributed to the rising demand for automobiles across the globe. Acrylic elastomers
are used in the development of industrial seals, gaskets, and molded goods.
Browse 72 market data Tables and 37 Figures spread through 108 Pages and in-depth TOC
on "Acrylic Elastomers Market"
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158856810.html
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The automotive end-use industry segment is projected to lead the Acrylic Elastomers
Market during the forecast period.
The automotive end-use industry segment accounted for the largest share of the Acrylic
Elastomers Market in 2017. The growth of the automotive end-use industry segment can be
attributed to the increasing use of acrylic elastomers to manufacture under-the-hood
automotive rubber components, such as O-rings, seals, gaskets, and hoses. Acrylic
elastomers are increasingly used in the automotive industry due to its affordable cost and
excellent heat and oil resistance properties.