Favorable Developments in Automotive and Construction Industries to Boost Demand for Epdm in Emerging Economies, Reports Tmr

Transparency Market

Research

Ethylene Propylene Diene Monomer (EPDM) Market Global Industry Analysis, Size, Share, Growth, Trends,

and Forecast 2016 - 2024

Published Date

29-July-2016

142 Page Report

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Press Release

Favorable Developments in Automotive and Construction

Industries to Boost Demand for EPDM in Emerging

Economies, reports TMR

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Ethylene Propylene Diene Monomer

(EPDM) Market

REPORT DESCRIPTION

Ethylene Propylene Diene Monomer (EPDM) Market - Global Industry Analysis, Size, Share, Growth,

Trends, and Forecast 2016 - 2024

The global market for ethylene propylene diene monomer (EPDM) is marked by an extremely high level of

consolidation, with the top six companies accounting for over 80% of the market in 2015, states TMR in a

recent report. These top six companies, including ExxonMobil Chemical Company, Kumho Polychem,

LANXESS AG, Mitsui Chemicals, Lion Copolymer LLC, and The Dow Chemical Company, are the key

determinants of the overall development of the market presently.

However, a large number of local vendors are venturing in the global EPDM market, a trend which is expected

to intensify the competition substantially in the market in the next few years. This trend is also expected to

bring down the level of consolidation, leading to the development of sustainable growth prospects for new

entrants as well. Mergers and acquisitions are likely to have a major impact on the overall dynamics of the

market and companies are expected to increase their focus on emerging markets with promising growth

opportunities.

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Rising Demand for EPDM from Automotive Industry Key Driving Force

The automotive industry is the most prominent consumer of EPDM,...