Ethylene Propylene Diene Monomer (EPDM) Market Demand And Forecast AnalysisPosted by Neha Bora on October 30th, 2019 San Francisco, 30 October 2019: The Report Ethylene Propylene Diene Monomer Market Size, Share & Trends Analysis Report By Application (Electrical & Electronics, Building & Construction, Wires & Cables), And Segment Forecasts, 2019 – 2025 The global ethylene propylene diene monomer market size is expected to reach USD 6.46 billion by 2025 expanding at a CAGR of 6.5%, according to Grand View Research, Inc. The market is mainly driven by rising demand for bio-based products and R&D investments in the field. High demand for ethylene propylene diene monomer (EPDM), mainly in Asia Pacific region due to expanding end-use industries like automotive and construction, is also propelling the market growth. Increasing spending on construction and infrastructure development by federal governments due to growing population along with rapid urbanization and industrialization in developing economies will also support market growth. Thus, growing construction activities, particularly in China and India, are expected to augment the product demand in infrastructure and construction applications. However, EPDM is expected to witness the maximum demand from the automotive application segment on account of their non-reflective and premium-quality finish. EPDM can also be used in electrical cable joints and roofing membranes as it does not pollute the runoff rainwater, thereby improving the efficiency of rainwater harvesting. All these factors together are creating lucrative growth opportunities for the global market in automotive sector. Access Research Report of Ethylene Propylene Diene Monomer (EPDM) Market @ www.grandviewresearch.com/industry-analysis/ethylene-propylene-diene-monomer-epdm-market Further key findings from the study suggest:
Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/advanced-materials Grand View Research has segmented the global EPDM market on the basis of application and region: EPDM Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
EPDM Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
Access Press Release of Ethylene Propylene Diene Monomer (EPDM) Market @ www.grandviewresearch.com/press-release/global-ethylene-propylene-diene-monomer-epdm-market About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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