Global Ethylene Propylene Diene Monomer (EPDM) Market 2017-2021 with The Dow Chemical Company, ExxonMobil, Lion Elastomers, LANXESS & MITSUI CHEMICALS Dominating – Research and Markets

DUBLIN–(BUSINESS WIRE)–The "Global
EPDM Market 2017-2021" report has been added to Research
and Markets' offering.

The global EPDM market to grow at a CAGR of 7.36% during the period
2017-2021.

Global EPDM Market 2017-2021, has been prepared based on an in-depth
market analysis with inputs from industry experts. The report covers the
market landscape and its growth prospects over the coming years. The
report also includes a discussion of the Key vendors operating in this
market. To calculate the market size, the report considers the revenue
generated from the sales of EPDM.

According to the report, one of the major drivers for this market is
Growing demand for synthetic rubber. The application of synthetic rubber
is increasing owing to its extensive use in the automobile industry.
Natural rubber or SBR can easily be affected by reactive entities in the
atmosphere such as ozone. Therefore, it can be easily degraded. EPDM is
more resistant to ozone than natural rubber. Another major reason for
customers shifting to synthetic rubber from natural rubber is the
fluctuating price of the latter.

The latest trend gaining momentum in the market is Increased production
of bio-based EPDM. The commercialization and production of bio-based
EPDM will prove to be a positive trend for the global EPDM market.
Bio-based products are derived from natural and biodegradable resources
anticipated to experience a high demand owing to their eco-friendly
nature and sustainability. Ethylene, one of the key raw materials of
EPDM, is produced from ethanol, which is derived from sugarcane.

Thus, EPDM is biodegradable and recyclable, thereby supporting an
eco-friendly environment and this feature acts as a major driver for the
global EPDM market. Moreover, bio-based EPDM reduces the dependence on
fossil fuel, greenhouse gas emission, and carbon footprint. Due to the
environmental rules in Germany, most of the industries prefer to use
EPDM, triggering the market growth. LANXESS, a specialty chemicals
company, is making efforts in manufacturing environment-friendly EPDM
such as Keltan Eco manufactured from sugarcane.

Key vendors

• The Dow Chemical Company
• ExxonMobil
• Lion Elastomers
• LANXESS
• MITSUI CHEMICALS

Other prominent vendors

• Covestro
• Carlisle
• Firestone Building Products
• Jilin Xingyun Chemical
• KUMHO PETROCHEMICAL
• PetroChina
• SK global chemical

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Application

Part 07: Geographical Segmentation

Part 08: Decision Framework

Part 09: Drivers And Challenges

Part 10: Market Trends

Part 11: Vendor Landscape

Part 12: Key Vendor Analysis

Part 13: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/6h52gc/global_epdm

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Related
Topics: Plastics