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EPDM Market Projected To Reach Over USD 4.00 Billion By 2020

According to the investigation, the global EPDM (Ethylene Propylene Diene Monomer) market was estimated to be valued about USD 3.20 billion in 2015, and is projected to reach over USD 4.00 billion by 2020, and expand at a CAGR of 6.3% from 2016 to 2020.
In terms of geography, North America occupied the leadership position in the market in 2015, and about 40% of global EPDM (Ethylene Propylene Diene Monomer) market, followed by Europe. U.S. is the largest market in North America. Asia Pacific is anticipated to witness highest gains and grow over 7.1% annually by 2020. This is because growing population, has increased infrastructure spending, driving particularly in China and India market. Also, growing automotive industry, mainly in Indonesia, will further propel industry growth in future years. Latin America is projected to witness significant gains owing to increasing automotive component manufacturing.
On the basis of applications, EPDM is currently mainly used in Automotive, Building & construction, Tires and Tubes, Wires & Cables, and Lubricant Additives. Among them, Automotive was the largest market for EPDM in 2015, and the market share will remain during the forecast period.
Global EPDM Market Size Analysis, by Applications, 2013-2020 ($ Million)

Major competitors in the EPDM (Ethylene Propylene Diene Monomer) market include ExxonMobil Chemical Company (U.S.), SK Global Chemical Co. Ltd (Korea), John Manville Inc. (U.S.), DoW Elastomers (U.S.), Mitsui Chemicals Inc. (Japan), Lanxess AG (Germany), PetroChina Co. Ltd (China), Carlisle Companies Inc. (U.S.), Kumho Polychem Co. Ltd (Korea), JSR Corporation (Japan).
Read Full Report: http://www.gosreports.com/global-epdm-ethylene-propylene-diene-monomer-market-report-2016/
Joanna | Executive – International Business and partner Relations
E-mail: [email protected] | Tel: 1-510-400-8520
Web: www.gosreports.com
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The Full Report:
http://www.gosreports.com/glass-fiber-filter-paper-demand-reached-45000-tons-in-2013/
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More Information:
http://www.gosreports.com/chinese-asphalt-and-modified-asphalt-waterproofing-membrane-production-reached-690-million-m2/

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Joanna | Executive - International Business and partner Relations
E-mail: [email protected] 
Tel: 001-510-400-8520
Web: www.gosreports.com