A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Ethylene
propylene elastomers market.
The study, titled “Ethylene
Propylene Elastomers Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2014 - 2020”,
is available for sale on the firm’s website.
Ethylene
propylene elastomers are the most dominant type of synthetic rubber.
For the production of ethylene propylene elastomers, ethylene and
propylene are reacted in presence of catalyst to produce rubber. The
resultant product can possess varied properties including
crystalline, amorphous or semi crystalline depending on the
composition of polymer and reaction conditions. The monomers of
ethylene and propylene react to form a stable compound with high
thermal stability and durability with resistance to oxidation and
withering. Catalysts are employed primarily to impart specific
characteristics to ethylene propylene elastomers. Vulcanization is
also among dominant processes employed in the production of ethylene
propylene elastomers.
Get
PDF Brochure for more Professional and Technical insights :
The
temperature resistance of ethylene propylene elastomers is profoundly
dependent on the physical characteristics such as crystalline or
amorphous nature. Low crystalline grade of the elastomers have high
stability at low temperatures. High thermal stability can also be
achieved by sulfur acceleration. Peroxide cured compounds are also
used to attain higher thermal stability. Major applications of
ethylene propylene elastomers include tubing, insulation, roofing,
etc. Major end user segment for ethylene propylene elastomers include
automotive, electronics, building & construction, oil additives
and hose among others. Automotive segment dominates the global demand
for ethylene propylene elastomers and this trend is anticipated to
continue for the next six years. Electronics segment is anticipated
to be the fastest growing segment during the forecast period.
High
growth in automotive segment has been among foremost factors driving
demand for ethylene propylene elastomers. Increasing demand for hoses
for several application segments including home gardening is expected
to drive the market growth during the forecast period. Ethylene
propylene elastomers are extensively used in the insulation of wires
and cables employed in several end user industries including
electronics, automotive, etc. High growth in electronics segment has
been driving demand for ethylene propylene elastomers mainly for
insulation applications. Several environmental and health hazards
have been associated with the production of ethylene propylene
elastomers. The environmental hazards have led to surge in
regulations to control the use of several catalysts including sulfur
used in the production process. The regulations have restrained
market growth for ethylene propylene elastomers. Increasing in use of
bio based products is anticipated to offer huge growth opportunity
for the market.
Asia
Pacific dominates the global ethylene propylene elastomers market
both in terms of production and consumption. China dominates the
global production of ethylene propylene elastomers. Increasing
industrial investment and high GDP growth in the emerging economies
of India and China is anticipated to drive market growth for ethylene
propylene elastomers market. Asia Pacific is expected to be the
fastest growing regional segment for ethylene propylene elastomers
market for the next six years.
Browse
Market Research Report with ToC & Analysis :
North
America is the largest market for ethylene propylene elastomers.
Demand for ethylene propylene elastomers in North America is
anticipated to grow at a sluggish rate in the near future, primarily
owing to market saturation in several end user industries. Demand for
ethylene propylene elastomers in Europe is expected to be driven
primarily by reviving automotive market in the region. High growth in
the developing economies in Africa and South America is anticipated
to offer huge growth opportunity for ethylene propylene elastomers
market growth.Some of the major players in the ethylene propylene
elastomers market include Firestone Building Products, Carlisle
Syntec Inc., Johns Manville, Royal Adhesives and Sealants and
Milliken & Company among others.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends.
Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
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and analyze information.
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data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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Us
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