Ethylene Propylene Diene Monomer (EPDM) Market (By Application: Disposables, Catheters, Surgical Instruments, Medical Bags, Implants, Drug Delivery System, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Category : Chemicals and Materials | Delivery Format : PDF | Status: Published | Pages : 160

Introduction

The global Ethylene Propylene Diene Monomer (EPDM) market size is expected to around USD 6.1 billion by 2026, this market is foreseen to develop with 6.3% CAGR during the forecast time period.

Market Dynamics

The market is primarily determined by rising demand for bio-based products and R&D demands in the field. High demand for EPDM, for the most part in Asia Pacific locale due to extending end-use enterprises like automotive and construction, is additionally pushing the market development. Expanding spending on development and foundation improvement by central governments because of developing populace alongside fast urbanization and industrialization in creating economies will likewise bolster market development.

In this manner, developing construction activities, especially in China and India, are relied upon to expand the product need in foundation and development applications. In any case, EPDM is relied upon to observe the greatest demand from the automotive application section by virtue of their non-intelligent and premium-quality completion. EPDM can likewise be utilized in electrical link joints and material layers as it doesn't dirty the spillover water, in this manner enhancing the effectiveness of water reaping. Every one of these components together are making rewarding development open doors for the worldwide market in automotive area.

Market Insights

Major application segment in the worldwide EPDM market are building and development, wires and links, electrical and electronics, oil added substance, plastic alterations, automotive, tires and cylinders, and others. Automotive was assessed as the biggest application fragment in 2017. In automotive industry, the product is utilized in pressure driven stopping mechanisms, wire and link outfits, tubing, window spacers, radiators, belts, climate stripping and seals, glass run channel, and entryway, window, and trunk seals. It is likewise utilized in inside trim, striker plate blinds, and in the engine. The product is seeing an expanded need in these applications as it offers a non-intelligent and premium-quality completion.

Keltan eco is gotten from bio-based ethylene, which is provided by Braskem, an organization situated in Brazil. Braskem gets bio-based ethylene from sugarcane at its generation plant in Triunfo, Brazil. The substitution of a solitary bio-based part does not modify the specialized execution property of the EPDM, for example, oxidative and water obstruction, wellbeing and security, and preparing and taking automotive of properties.

Market Segmentation

Market By Application

  • Disposables
  • Catheters
  • Surgical Instruments
  • Medical Bags
  • Implants
  • Drug Delivery System
  • Others

Market By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA

Regional Insights

Asia Pacific represented the biggest piece of the overall industry in 2017 and is anticipated to grow further because of the high product need from key enterprises including automotive, building and development, and electrical and gadgets. Since the previous couple of years, producing industry in Asia Pacific has been pulling in critical speculations from driving MNCs. Organizations from Northeast Asia are essentially occupied with pushing their economies to develop in key parts relating to raw material extraction, assembling, and services.

Accordingly, the legislatures over the locale have changed the rural industries to very much prepared, world-class fabricating offices through the execution of protectionism, monetary venture, and administrative help. In addition, low work expenses and nearness to crude material providers is further pulling in the financial specialists. China, Indonesia, South Korea, India, and Taiwan are relied upon to drive the Asia Pacific market over the estimate time frame. Internationally, China is one of the biggest makers and purchasers of EPDM.

Market Participants

Few of the main player present in the global Ethylene Propylene Diene Monomer (EPDM) market are Exxon Mobil Corporation, The Dow Chemical Company, Mitsui Chemicals, Lanxess AG, Lion Elastomers, LLC, and Sumitomo Chemical Co., Ltd.


Related Reports

Ink Solvents Market (By Solvent Type: Alcohols, Ketones, Hydrocarbons, Others (including Ethers and Esters); By Type: Conventional, Bio-based; By Process: Flexography, Gravure, Others (including Screen and Digital) ) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction The global ink solvents Market is projected worth US$ 658.3 Million by 2026 and the market is projected to showcase 4.9% CAGR during the forecast period. The ink solvents market is driven by inexpensive nature and non-coating properties that are important factors which are promoting the market positively. Ma

High Purity Quartz Market (By Application: Semiconductors, Solar, Lightening, Optics, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction The global high purity quartz industry’s size is prophesied to reach USD 1143.6 million by 2026 and the market is anticipated to witness a CAGR of 5.8% during the predicted years. The market is determined by increase in demand from the solar industry. Market Dynamics

Coating Resins Market (By Type: Acrylic, Epoxy, Alkyd, Vinyl, Polyurethane, Amino, Polyester, Others; By Technology: Solvent Based, UV Cured, Water Based, High Solids; By Application: Industrial Coatings, Automotive Coatings, Wood Coatings, Protective Coatings, Architectural Coatings, Marine Coatings) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction The global coating resins Market is projected worth US$ 51.3 billion by 2026 and the market is projected to show case 5.0% CAGR during the forecast period. The coating resins market is driven by an increase in demand for paint & coatings in the automotive sector. Market Dynamics

Synthetic Paper Market (By Product: BOPP (Biaxially Oriented Polypropylene), HDPE (High-Density Polyethylene), PET (Polyethylene Terephthalate); By Application: Label, Non-Label) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction Global synthetic paper market size is estimated to reach a value of around USD 1.4 billion by the end of the year 2026. The industry is expected to grow with a CAGR of 7.1% during the upcoming years. Market Dynamics Synthetic papers are 100% recyclable and are es

Paint Protection Film Market (By Product: TPU (Thermoplastic Polyurethane), PVC (Polyvinyl Chloride), Polyester, PET(Polyethylene Terephthalate), Polyethylene; By Application: Automotive, Aerospace, Marine, Electrical & Electronics) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction The global paint protection film market size was valued at USD 468 million in 2017, and is estimated to reach at 809 million by the end of year 2026, expand at a growth rate of 7.2% during the forecast period. Market Dynamics Paint Protection Film is categorized

Optical Coatings Market (By Product: Anti-reflective Coatings, Reflective Coatings, Filter Coatings, Conductive Coatings, Electrochromic Coatings; By Application: Consumer Electronics, Solar, Medical, Architecture, Aerospace & Defense, Automotive, Telecommunication) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction The global market size of optical coatings was value at 12.8 billion at 2017 and is expected to reach 25.7 billion by the end of year 2026. The market is estimated to grow at a CAGR of 9% over the forecast period. Market Dynamics Optical coatings are used in the

Cart Summary