Global EPDM Market worth $6.5 Billion by
2017
The report “Global EPDM (Ethylene Propylene Diene Monomer) Market by Application &
Geography Trends & Forecasts To 2017” defines and segments the global EPDM market with
analysis and forecasting of the global volume and revenue. It also identifies driving and
restraining factors for the global EPDM market with analysis of trends, opportunities, burning
issues, winning imperatives, and challenges. The market is segmented and revenues are
forecasted on the basis of major regions such as North America, Europe, Asia-Pacific, and Rest
of the World (ROW). The key countries are covered and forecasted for each region. Further,
market is segmented and revenues are forecasted on the basis of applications.
Browse 96 market data tables and 27 figures spread through 241 pages and in-depth TOC on
“Global EPDM (Ethylene Propylene Diene Monomer) Market by Application & Geography
Trends & Forecasts To 2017”.
http://www.marketsandmarkets.com/Market-Reports/epdm-rubber-market-483.html
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EPDM are synthetic rubber and are known for their high quality performance in a various
industrial applications for its resistance properties to heat, ozone and weather, polar substances,
and electrical insulation. It is used in the manufacturing of seals, washers, glass-run channels,
radiators, garden and appliance hose, tubing, pond liners, belts, electrical insulation, vibrators, Orings, solar panel heat collectors, electrical cable jackets, roofing membranes, etc.
Ethylene and propylene are the major raw materials in the production of EPDM and any change
in the demand and supply of these raw materials could have a major impact on the EPDM
industry. EPDM market is in a state of high production capacity utilization and this kind of
situation leads market to price rise and offers wide scope to manufactures for new capacity
addition.
The global market for EPDM in terms of revenue was estimated to be worth around $4.2 billion
in 2011 and is expected to reach $6.5 billion by 2017, growing at an estimated CAGR of 6.9%
from 2012 to 2017. Asia-Pacific is the largest EPDM market, which is expected to rise due to
robust growth in end-user industries such as automotive, wire & cables, and lubricant additive of
China and India.
Key market participants in the global EPDM market are LANXESS AG (Germany),
ExxonMobil Chemical Corp. (U.S.), Dow Elastomer (U.S.), Mitsui Chemical (Japan), Kumho