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rushikesh-d · 8 days ago

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Automotive Radiator Hose Market To Witness the Highest Growth Globally in Coming Years

The report begins with an overview of the Automotive Radiator Hose Market 2025 Size and presents throughout its development. It provides a comprehensive analysis of all regional and key player segments providing closer insights into current market conditions and future market opportunities, along with drivers, trend segments, consumer behavior, price factors, and market performance and estimates. Forecast market information, SWOT analysis, Automotive Radiator Hose Market scenario, and feasibility study are the important aspects analyzed in this report.

The Automotive Radiator Hose Market is experiencing robust growth driven by the expanding globally. The Automotive Radiator Hose Market is poised for substantial growth as manufacturers across various industries embrace automation to enhance productivity, quality, and agility in their production processes. Automotive Radiator Hose Market leverage robotics, machine vision, and advanced control technologies to streamline assembly tasks, reduce labor costs, and minimize errors. With increasing demand for customized products, shorter product lifecycles, and labor shortages, there is a growing need for flexible and scalable automation solutions. As technology advances and automation becomes more accessible, the adoption of automated assembly systems is expected to accelerate, driving market growth and innovation in manufacturing. Automotive Radiator Hose Market Size, Share & Industry Analysis, By Material Type (Silicon, Rubber, Helium), By Market Type (OEM, Aftermarket), By Vehicle Type (Passenger Cars, Commercial Vehicles) and Regional Forecast 2021-2028

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Key Strategies

Key strategies in the Automotive Radiator Hose Market revolve around optimizing production efficiency, quality, and flexibility. Integration of advanced robotics and machine vision technologies streamlines assembly processes, reducing cycle times and error rates. Customization options cater to diverse product requirements and manufacturing environments, ensuring solution scalability and adaptability. Collaboration with industry partners and automation experts fosters innovation and addresses evolving customer needs and market trends. Moreover, investment in employee training and skill development facilitates seamless integration and operation of Automotive Radiator Hose Market. By prioritizing these strategies, manufacturers can enhance competitiveness, accelerate time-to-market, and drive sustainable growth in the Automotive Radiator Hose Market.

Major Automotive Radiator Hose Market Manufacturers covered in the market report include:

Major players operating in the global automotive radiator hose market include Shandong Meichen, Sichuan Chuanhuan, Goodyear, Dayco, Hutchinson, Tokyo rub, Tianjin Pengling, Crown and Omix – ADA, Mishimoto, APA/URO Parts, Nufox, ACDelco, and Continental, Spectre among others.

The boost in the automotive sector is expected to increase the demand for radiator hoses in the market. Automobile sector is expected to grow in future because of the changing lifestyles, rising disposable income and increased standard of living which will create lot of opportunities in the radiator hoses market.

Trends Analysis

The Automotive Radiator Hose Market is experiencing rapid expansion fueled by the manufacturing industry's pursuit of efficiency and productivity gains. Key trends include the adoption of collaborative robotics and advanced automation technologies to streamline assembly processes and reduce labor costs. With the rise of Industry 4.0 initiatives, manufacturers are investing in flexible and scalable Automotive Radiator Hose Market capable of handling diverse product portfolios. Moreover, advancements in machine vision and AI-driven quality control are enhancing production throughput and ensuring product consistency. The emphasis on sustainability and lean manufacturing principles is driving innovation in energy-efficient and eco-friendly Automotive Radiator Hose Market Solutions.

Regions Included in this Automotive Radiator Hose Market Report are as follows:

North America [U.S., Canada, Mexico]

Europe [Germany, UK, France, Italy, Rest of Europe]

Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]

South America [Brazil, Argentina, Rest of Latin America]

Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]

Significant Features that are under offering and key highlights of the reports:

- Detailed overview of the Automotive Radiator Hose Market.

- Changing the Automotive Radiator Hose Market dynamics of the industry.

- In-depth market segmentation by Type, Application, etc.

- Historical, current, and projected Automotive Radiator Hose Market size in terms of volume and value.

- Recent industry trends and developments.

- Competitive landscape of the Automotive Radiator Hose Market.

- Strategies of key players and product offerings.

- Potential and niche segments/regions exhibiting promising growth.

Frequently Asked Questions (FAQs):

► What is the current market scenario?

► What was the historical demand scenario, and forecast outlook from 2025 to 2032?

► What are the key market dynamics influencing growth in the Global Automotive Radiator Hose Market?

► Who are the prominent players in the Global Automotive Radiator Hose Market?

► What is the consumer perspective in the Global Automotive Radiator Hose Market?

► What are the key demand-side and supply-side trends in the Global Automotive Radiator Hose Market?

► What are the largest and the fastest-growing geographies?

► Which segment dominated and which segment is expected to grow fastest?

► What was the COVID-19 impact on the Global Automotive Radiator Hose Market?

Table Of Contents:

1 Market Overview

1.1 Automotive Radiator Hose Market Introduction

1.2 Market Analysis by Type

1.3 Market Analysis by Applications

1.4 Market Analysis by Regions

1.4.1 North America (United States, Canada and Mexico)

1.4.1.1 United States Market States and Outlook

1.4.1.2 Canada Market States and Outlook

1.4.1.3 Mexico Market States and Outlook

1.4.2 Europe (Germany, France, UK, Russia and Italy)

1.4.2.1 Germany Market States and Outlook

1.4.2.2 France Market States and Outlook

1.4.2.3 UK Market States and Outlook

1.4.2.4 Russia Market States and Outlook

1.4.2.5 Italy Market States and Outlook

1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

1.4.3.1 China Market States and Outlook

1.4.3.2 Japan Market States and Outlook

1.4.3.3 Korea Market States and Outlook

1.4.3.4 India Market States and Outlook

1.4.3.5 Southeast Asia Market States and Outlook

1.4.4 South America, Middle East and Africa

1.4.4.1 Brazil Market States and Outlook

1.4.4.2 Egypt Market States and Outlook

1.4.4.3 Saudi Arabia Market States and Outlook

1.4.4.4 South Africa Market States and Outlook

1.5 Market Dynamics

1.5.1 Market Opportunities

1.5.2 Market Risk

1.5.3 Market Driving Force

2 Manufacturers Profiles

Continued…

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#Automotive Radiator Hose Market #Automotive Radiator Hose Market Share #Automotive Radiator Hose Market Size #Automotive Radiator Hose Market Trends

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marketinsightshare · 3 years ago

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Copolyester Thermoplastic Elastomers (COPE) Market Size Forecast to Reach $1.5 billion by 2026

Copolyester Thermoplastic Elastomers (COPE) Market size is forecast to reach $1.5 billion by 2026, after growing at a CAGR 6% during 2021-2026. Globally, copolyester elastomers (COPEs) have emerged as one of the fastest growing thermoplastic elastomer, as it can be easily processed by high-volume injection molding and blow molding processes. The shifting trend towards the adoption and substitution of metals, synthetic rubbers, and polymers that are harmful to the environment has further raised the growth of the market. Additionally, the rising demand for high-performance, light-weight materials such as electric cables, hose and tubing from the automotive sector has driven the demand for copolyester thermoplastic elastomers (COPEs), in the projected period. Moreover, the increasing demand for copolyester thermoplastic elastomers owing to its abrasion resistance, excellent tear and tensile strength, and flex life properties in the healthcare sector is anticipated to boost the copolyester thermoplastic elastomers industry in the projected time frame.

Impact of Covid-19

The COVID-19 pandemic widely affected the growth of the copolyester thermoplastic elastomers industry in the year 2020. Due to the import export supply chain disruption, the availability of raw materials declined, which further affected the production and demand for copolyester thermoplastic elastomers market growth. However, looking forward towards the new normal condition and reopening of several end use industries in various regions, it is anticipated that the market for copolyester thermoplastic elastomers will see upsurge in the forecast period (2021-2026).

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Copolyester Thermoplastic Elastomers (COPE) Market Segment Analysis- By Application

Hose and tubing held the largest share in the copolyester thermoplastic elastomers (COPE) market in 2020. Copolyester thermoplastic hoses are commonly utilized in medium-to-high pressure hydraulic applications and are prevalent in both mobile and industrial equipment. Several factors such as pressure capability, temperature operating range, abrasion resistance, and the ability to withstand attack from chemicals, solvents, cleaning fluids, saltwater, ozone and UV radiation, are considered while the production of hose and tubing from copolyester thermoplastic elastomers. Also, the copolyester thermoplastic elastomers used in hose and tubing also often comprise one or two reinforcing layers to give the necessary strength and pressure-holding capacity. Thus, the rising usage of hose and tubing is further estimated to drive the demand for copolyester thermoplastic elastomers (COPE) over the forecast period.

Copolyester Thermoplastic Elastomers (COPE) Market Segment Analysis- By End Use Industry

The automotive sector held the largest share in the copolyester thermoplastic elastomers (COPE) market in 2020 and is projected to grow at a CAGR of 5% during the forecast period 2021-2026. Owing to the exceptional physical and chemical qualities, thermoplastic copolyester elastomers are widely used in the automotive sector. Also, the automobile industry uses thermoplastic copolyester elastomers extensively in the production of automobile parts that need chemical, heat, and oil resistance. Thermoplastic copolyester elastomers are finding widespread use in advanced petrol and diesel engines hot charge air ducts, which must resist high temperatures for extended periods of time. Furthermore, the increasing usage of copolyester thermoplastic elastomers in the production of constant velocity joint (CVJ) boots as they are exposed to a broad range of temperatures would further dive the market growth. Therefore, the copolyester thermoplastic elastomers (COPE) market is estimated to see an upsurge over the forecast period with the growing automotive industry.

Copolyester Thermoplastic Elastomers (COPE) Market Segment Analysis– By Geography

The Asia Pacific region held the largest share of more than 42% in the copolyester thermoplastic elastomers (COPE) market in 2020.Government regulations governing vehicle weight have also aided the market's expansion in countries such as China, Japan, India, and South Korea. According to India Brand Equity Foundation, India is also a popular car exporter with high hopes for export development in the near future. During FY19, automotive exports grew 14.50 per cent. It is projected to rise during 2016-2026 at a CAGR of 3.05%. Moreover, according to the Japan Electronics and Information Technology Industries Association (JEITA) the electronic components and devices production increased by 108.6% in March 2021, in comparison with the previous year. Thus, with the rising growth of several end use industries the market for copolyester thermoplastic elastomers (COPE) is anticipated to increase over the forecast period.

Copolyester Thermoplastic Elastomers (COPE) Market Drivers

Increasing Demand for Thermoplastic Elastomers (TPE) in the Healthcare Sector

Copolyester elastomer is a synthetic rubber that is also known as copolyester thermoplastic elastomer and is increasingly being used in the healthcare sector. Rising environmental and health concerns has forged the healthcare industry to shift its way from polyvinyl chloride (PVC) and silicone rubber to copolyester thermoplastic elastomer (COPE) in recent years. Owing to their recyclability and cost-effectiveness, copolyester thermoplastic elastomers are developing as a more sustainable alternative to various other thermoset elastomers. Moreover, copolyester thermoplastic elastomers (COPEs) are increasingly replacing silicone rubber and polyvinyl chloride (PVC) in medical equipment because they are non-allergenic, and it helps in removing the issues for individuals who are allergic to latex. Copolyester thermoplastic elastomers (COPE) are also being used in dental, surgical, and medicinal applications as a result of these reasons. Rising investments in the healthcare sector it further estimated to drive the demand for copolyester thermoplastic elastomers over the forecast period. For instance, in the Union Budget 2021-22, the government announced a six-year outlay of Rs. 64,180 crore (US$ 8.80 billion) for the healthcare sector to strengthen the existing ‘National Health Mission' by developing primary, secondary, and tertiary care, healthcare systems, and institutions to detect and cure new and emerging diseases. Thus, such government initiatives would further drive the market growth over the forecast period.

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Copolyester Thermoplastic Elastomers (COPE) Market Challenges

Fluctuating Prices of Raw Materials will Hamper the Market Growth

The volatility in raw material prices is projected to have a negative impact on the copolyester thermoplastic elastomers market in the upcoming years. Fluctuating prices is most likely to make it difficult for producers to maintain a consistent supply for varied businesses. Thus, whole production cost of thermoplastic copolyester elastomers is estimated to directly get affected by crude oil price fluctuations. The growth of the product is also influenced by fluctuations in the currency rate of important manufacturers and exporters of thermoplastic copolyester elastomers. Petrochemical expenses, as well as the market price for plastic and other downstream chemicals, are projected to rise as crude oil prices rise. Thus, due to the fluctuating price of raw materials the market for copolyester thermoplastic elastomers (COPE)is estimated to face challenges in the forecast period.

Copolyester Thermoplastic Elastomers (COPE) Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the copolyester thermoplastic elastomers (COPE) market. Major players in the copolyester thermoplastic elastomers (COPE) market are BASF SE, Bayer Ag, Dow Chemicals, China Petroleum and Chemical Corporation, DuPont, LG Chem Ltd., Huntsman Corporation, Mitsubishi Chemical Holdings Corporation, Lubrizol, and Evonik Industries AG, among others.

Acquisitions/Technology Launches

In November 2019, Evonik manufactured thermoplastic elastomers for powder-based 3D printing technologies using novel copolyester.

Key Takeaways

Asia-pacific region dominated the copolyester thermoplastic elastomers (COPE) market due to the rising production of automotive and electronics in emerging economies such as China, India, South Korea, and Japan.

Increasing demand for copolyester thermoplastic elastomers (COPE) as a substitute to polyvinyl chloride (PVC) and silicone rubber in the healthcare industry applications is estimated to drive the growth of the market in the projected period.

Furthermore, volatility in raw material prices is estimated to create hurdles for the global copolyester thermoplastic elastomers (COPE) market growth over the forecast period.

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https://www.industryarc.com/Report/11670/thermoplastic-elastomers-market.html

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#Copolyester Thermoplastic Elastomers (COPE) Market #Copolyester Thermoplastic Elastomers (COPE) Market share Copolyester Thermoplastic Elastomers (COPE) Market size

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marketwire · 3 years ago

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Copolyester Thermoplastic Elastomers (COPE) Market Size Forecast to Reach $1.5 billion by 2026

Impact of Covid-19

Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=11711

Report Price: $ 4500 (Single User License)

Copolyester Thermoplastic Elastomers (COPE) Market Segment Analysis- By Application

Copolyester Thermoplastic Elastomers (COPE) Market Segment Analysis- By End Use Industry

Copolyester Thermoplastic Elastomers (COPE) Market Segment Analysis– By Geography

Copolyester Thermoplastic Elastomers (COPE) Market Drivers

Increasing Demand for Thermoplastic Elastomers (TPE) in the Healthcare Sector

Inquiry Before Buying @ https://www.industryarc.com/reports/request-quote?id=11711

Copolyester Thermoplastic Elastomers (COPE) Market Challenges

Fluctuating Prices of Raw Materials will Hamper the Market Growth

Copolyester Thermoplastic Elastomers (COPE) Market Landscape

Acquisitions/Technology Launches

In November 2019, Evonik manufactured thermoplastic elastomers for powder-based 3D printing technologies using novel copolyester.

Key Takeaways

Furthermore, volatility in raw material prices is estimated to create hurdles for the global copolyester thermoplastic elastomers (COPE) market growth over the forecast period.

Related Reports

A.Thermoplastic Elastomers Market

https://www.industryarc.com/Report/11670/thermoplastic-elastomers-market.html

B.Olefinic Thermoplastic Elastomers Market

https://www.industryarc.com/Report/17713/olefinic-thermoplastic-elastomers-market.html

For more Chemicals and Materials Market reports, please click here

#Copolyester Thermoplastic Elastomers (COPE) Market #Copolyester Thermoplastic Elastomers (COPE) Market share #Copolyester Thermoplastic Elastomers (COPE) Market size

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industryarcresearch · 3 years ago

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Copolyester Thermoplastic Elastomers (COPE) Market - Forecast(2022 - 2027)

Impact of Covid-19

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Report Coverage

The: “Copolyester Thermoplastic Elastomers (COPE) Market Report – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the copolyester thermoplastic elastomers (COPE) market.

By Application: Hose and Tubing, Wire and Cable, Chassis, Gears, Air duct components, Airbags, Medical Device, Seals and Gaskets, and Others. By End Use Industry: Automotive, Industrial, Healthcare, Electrical and Electronics, Furniture, Consumer Goods, and Others. By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France, Spain, Netherlands, Russia, Belgium, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia and New Zealand, Taiwan, Indonesia, Malaysia, and Rest of Asia Pacific),South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa).

Key Takeaways

Furthermore, volatility in raw material prices is estimated to create hurdles for the global copolyester thermoplastic elastomers (COPE) market growth over the forecast period.

Figure: Asia Pacific Copolyester Thermoplastic Elastomers (COPE) Market Revenue, 2020-2026 (US$ Billion)

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Copolyester Thermoplastic Elastomers (COPE) Market Segment Analysis- By Application

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Copolyester Thermoplastic Elastomers (COPE) Market Segment Analysis- By End Use Industry

Copolyester Thermoplastic Elastomers (COPE) Market Segment Analysis– By Geography

Copolyester Thermoplastic Elastomers (COPE) Market Drivers

Increasing Demand for Thermoplastic Elastomers (TPE) in the Healthcare Sector

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Copolyester Thermoplastic Elastomers (COPE) Market Challenges

Fluctuating Prices of Raw Materials will Hamper the Market Growth

Copolyester Thermoplastic Elastomers (COPE) Market Landscape

Acquisitions/Technology Launches

In November 2019, Evonik manufactured thermoplastic elastomers for powder-based 3D printing technologies using novel copolyester.

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#CopolyesterThermoplasticElastomersMarket

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industryarcmarketresearch · 3 years ago

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Copolyester Thermoplastic Elastomers (COPE) Market Size Forecast to Reach $1.5 billion by 2026

Impact of Covid-19

Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=11711

Report Price: $ 4500 (Single User License)

Copolyester Thermoplastic Elastomers (COPE) Market Segment Analysis- By Application

Copolyester Thermoplastic Elastomers (COPE) Market Segment Analysis- By End Use Industry

Copolyester Thermoplastic Elastomers (COPE) Market Segment Analysis– By Geography

Copolyester Thermoplastic Elastomers (COPE) Market Drivers

Increasing Demand for Thermoplastic Elastomers (TPE) in the Healthcare Sector

Inquiry Before Buying @ https://www.industryarc.com/reports/request-quote?id=11711

Copolyester Thermoplastic Elastomers (COPE) Market Challenges

Fluctuating Prices of Raw Materials will Hamper the Market Growth

Copolyester Thermoplastic Elastomers (COPE) Market Landscape

Acquisitions/Technology Launches

In November 2019, Evonik manufactured thermoplastic elastomers for powder-based 3D printing technologies using novel copolyester.

Key Takeaways

Furthermore, volatility in raw material prices is estimated to create hurdles for the global copolyester thermoplastic elastomers (COPE) market growth over the forecast period.

Related Reports

A.Thermoplastic Elastomers Market

https://www.industryarc.com/Report/11670/thermoplastic-elastomers-market.html

B.Olefinic Thermoplastic Elastomers Market

https://www.industryarc.com/Report/17713/olefinic-thermoplastic-elastomers-market.html

For more Chemicals and Materials Market reports, please click here

About IndustryARC Chemicals and MaterialsChemical Industry Market Research

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Venkat Reddy Sales Director Email: [email protected] Website: https://www.industryarc.com Phone: (+1) 970-236-3677

#CopolyesterThermoplasticElastomersCOPE)Market #CopolyesterThermoplasticElastomersCOPEMarket

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chitrakullkarni · 3 years ago

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Silicone Elastomers Market Size, Emerging Trends, Growth Opportunities and Current Scenario

Global Silicone Elastomers Market is anticipated to grow significantly in the forecast period due to increasing applications of the silicone elastomers in medical and healthcare sector. Silicone elastomers are the gel-like materials that are colorless, odorless and tasteless and widely used in the production of several electrical insulation products. From several properties of silicone elastomers, physiological inertness is the major property since it helps in the application in medical sector. Silicone elastomers is today gaining popularity due to its properties like superior qualities like high performance and versatility.

Silicone elastomer market is majorly driven by growing consumption of the material in electronics industry. Silicone elastomers is extensively used in connector seals, hoses, gaskets, diaphragms, fuel system valves, etc., which again fuels the market growth. Increasing automobile demand from emerging economies and growing spending power from the middle class population is also boosting the market growth. However, silicone elastomers industry is facing restraints by poor corrosion and oil & petroleum resistance properties of the material.

Silicone elastomers market is witnessing trends like increasing use of antimicrobial silicone elastomers, which are used to prevent bacterial growth. Antimicrobial silicone elastomers are used on surfaces to avoid corrosion and other kinds of damage or harm. They are now widely being used in pet food production, beverage manufacturing, medical devices, foodstuff production & processing, and agricultural activities.

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Silicone elastomer industry is categorized on the basis of type, process, application, and geography. On the basis of type, the market is divided into liquid silicone rubber, fluorosilicone rubber, high consistency rubber and others. High consistency rubber segment is expected to lead the market of silicone elastomers owing to its superior properties like brilliant strength, better electrical connectivity, resistance to radiation and extreme temperature resistant.

In terms of process, silicone elastomer market is bifurcated as injection molding, extrusion, compression molding, liquid injection molding and others. Liquid injection molding is projected to hold larger market share of silicone elastomer due to easy usage and growing demand from several end users for automated processing techniques.

Based on application, silicone elastomers industry is divided into healthcare, automotive, home repair & hardware, medical devices, apparel, electronics, construction and others. Automotive segment registers significant market growth of silicone elastomers owing to the explosive demand from the sector.

Geographically, silicone elastomers market is segmented as North America, Latin America, Europe, Asia Pacific and Middle East & Africa. Asia Pacific region is predicted to dominate the market of silicone elastomer owing to the huge demand for several applications.

The leading players in silicone elastomer industry include StockwellElastomerics, Inc., ZhongshanTinhou Plastic Industrial Co., Innovative Silicones, HuzhouLongtong Chemical Co., Cauchos Pedro Romero S.L., Ltd., SF Composites, Ltd., Intek Adhesives Ltd., HsuanHau Enterprise Co., Ltd., Universal Rubber Mfgnv, HÜBERS, Ltd. (LiYaTe), Shenzhen Inno Silica Co., Ltd., 2D Chemical Ltd., and ShenZhenLiYaTe Technology Co.

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dianarusco · 3 years ago

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market-research-industry · 4 years ago

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Ethylene propylene diene monomer (EPDM) market to reach ~ us$ 6.2 bn by 2027

Ethylene Propylene Diene Monomer (EPDM) Market: Key Highlights

The global ethylene propylene diene monomer (EPDM) market was valued at ~ US$ 3.8 Bn in 2018, and is anticipated to expand at a CAGR of ~ 6% during the forecast period.

The global ethylene propylene diene monomer market is driven by the rise in the demand for EPDM in automotive applications such as rear-lamp gaskets, hoses, tire sidewalls, inner tire tubes, front and rear bumpers, and braking systems.

Asia Pacific accounts for a major share of the global ethylene propylene diene monomer market, led by an increase in the demand for EPDM for use in thermoplastics modification in the region.

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Key Drivers of the EPDM Market

Ethylene propylene diene monomer, a type of synthetic rubber, is primarily used in automotive, roofing, and plastic modification applications. Ethylene propylene diene monomer is extensively employed in the automotive industry, owing to its chemical properties such as high temperature sustainability, and resistance to heat, harsh weather conditions, ozone, and steam.

Highly volatile prices of natural rubber is a major factor that has compelled rubber consumers across the globe to shift from natural rubber toward synthetic rubber such as ethylene propylene diene monomer.

Ethylene propylene diene monomer is widely used in the construction and civil engineering sector in applications such as mounting structures, bridge bearings, expansion joints, pipe couplings, water barriers, roofing membranes, rubberized asphalt, and concrete texturing.

Building & Construction Sector to Offer Attractive Opportunities

Ethylene propylene diene monomer is an extremely durable, synthetic-rubber, roofing membrane that is widely used in low-slope buildings across the globe. Its two primary ingredients, i.e. ethylene and propylene, are derived from oil and natural gas.

Ethylene propylene diene monomer is widely used in the building & construction industry, due to its properties such as resistance to cracks, water, and temperature. Thus, it is suitable to be used in roofing solutions in the construction industry.

Ethylene propylene diene monomer offers properties such as high electric resistance and excellent electric insulation. Thus, it is used in various applications in the electric industry. EPDM is widely employed in the manufacture of low- and medium-voltage cable insulations, wires, and submersible water pumps, due to its water-repellent property.

In the automotive industry, EPDM is used in hydraulic brake systems, wire and cable harnesses, tubing, window spacers, radiators, belts, weather stripping and seals, glass-run channels, and door, window, and trunk seals.

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High Risk of Substitution to Hamper EPDM Market Growth

The inert nature of EPDM, which reduces the adherence of the material when used in automotive and plastic applications, and high costs of installation of EPDM roofing systems are expected to hamper the demand for ethylene propylene diene monomer in these applications during the forecast period. Furthermore, ethylene propylene diene monomer exhibits unsatisfactory compatibility with most oils, kerosene, gasoline, aromatic and aliphatic hydrocarbons, concentrated acids, and halogenated solvents.

The above-mentioned disadvantages of EPDM augment the usage of other elastomers, including NBR, polyurethane-based, and HNBR elastomers, in various applications.

Furthermore, the oversupply of ethylene propylene diene monomer led by the rise in production capacities acts as a major restraining factor for players operating in the global ethylene propylene diene monomer market. EPDM remains oversupplied in Asia Pacific, with most plants in the region running at reduced pace. Major suppliers had to cut the prices of EDPM to boost buying sentiments. In China, ethylene propylene diene monomer prices have dropped by 8.5% since early October 2018, to reach US$ 2,150/ton on December 19, 2018.

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Asia Pacific a Prominent EPDM Market

Asia Pacific dominated the global ethylene propylene diene monomer market in 2018. Growth of the automotive industry in developing economies such as China and India is likely to propel the ethylene propylene diene monomer market in the region during the forecast period.

The ethylene propylene diene monomer market in North America is expected to expand at a significant pace during the forecast period, due to the high demand for lubricant additives, and rapid growth of the plastic, rubber, and automotive industries in the U.S. and Canada.

The demand for EPDM roofing is rising in Spain, Italy, the U.K., and countries in Western Europe, due to the increasing demand for waterproofing solutions for use in non-residential and commercial buildings in these countries.

Increasing demand for eco-friendly products as substitutes for PVC is projected to drive the TPE sector in North America. This, in turn, is likely to fuel the ethylene propylene diene monomer market in the region from 2019 to 2027.

Top Few Players Accounted for ~ 50% of EPDM Market Share in 2018

The global EPDM market is dominated by a few major players, and is consolidated in nature. The top six manufacturers - LANXESS AG, ExxonMobil Chemical Company, Kumho Polychem, Mitsui Chemicals, The Dow Chemical Company, and Lion Copolymer LLC - held ~ 70% of the market share in 2018. Other key companies that manufacture ethylene propylene diene monomer are Sumitomo Chemical Co. Ltd., Versalis S.p.A., SK Global Chemical Co. Ltd., and Johns Manville Inc.

In April 2015, Lanxess started production of EPDM at its new plant at Changzhou in the Jiangsu province of China. The new plant, with 160,000 tons of annual production capacity, is located in Changzhou Yangtze Riverside Industrial Park. The plant produces ten premium grades of EPDM, tailored to the requirements of customers in Asia, especially China. However, in 2016, Lanxess AG planned to stop the production of EPDM rubber at its facility in Marl, the U.K.

Companies in the Ethylene Propylene Diene Monomer (EPDM) market have increasingly shifted gears with wide application of digital technology across the continuum, from raw material sourcing to manufacturing to generation of final output, to warehousing to final distribution operations. Among the various affects, the market is witnessing new growth economics due to thinning of line between specialty and commodity businesses that are associated with the larger ecosystem. At the same time, new growth parameters are being vigorously being debated as industry stakeholders put greater emphasis on the circular economy processes.

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#Ethylene propylene diene monomer (EPDM) market

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esglatestmarketnews · 4 years ago

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Silicone Elastomers Market Drivers, Challenges and Growth Factors till 2025

May 25 , 2021: Global Silicone Elastomers Market is anticipated to grow significantly in the forecast period due to increasing applications of the silicone elastomers in medical and healthcare sector. Silicone elastomers are the gel-like materials that are colorless, odorless and tasteless and widely used in the production of several electrical insulation products. From several properties of silicone elastomers, physiological inertness is the major property since it helps in the application in medical sector. Silicone elastomers is today gaining popularity due to its properties like superior qualities like high performance and versatility.

Request a Free Sample Copy of this Report @ https://www.millioninsights.com/industry-reports/silicone-elastomers-market/request-sample

Browse Full Research Report @ https://www.millioninsights.com/industry-reports/silicone-elastomers-market

Market Segment:

Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• High Temperature Vulcanize (HTV)

• Room Temperature Vulcanize (RTV)

• Liquid Silicone Rubber (LSR)

Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Electrical & Electronics

• Automotive & Transportation

• Industrial Machinery

• Consumer Goods

• Construction

• Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• North America

• U.S.

• Canada

• Mexico

• Europe

• UK

• Germany

• France

• Italy

• Asia Pacific

• China

• Japan

• India

• South Korea

• CSA

• Brazil

• MEA

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email: [email protected]

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sandlerresearch · 4 years ago

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Automotive Engine Cooling Systems - Global Sector Overview and Forecast to 2035 (Q1 2021 Update) published on

https://www.sandlerresearch.org/automotive-engine-cooling-systems-global-sector-overview-and-forecast-to-2035-q1-2021-update.html

Automotive Engine Cooling Systems - Global Sector Overview and Forecast to 2035 (Q1 2021 Update)

Automotive Engine Cooling Systems – Global Sector Overview and Forecast to 2035 (Q1 2021 Update)

Summary

Thermal energy flows are an important part of a vehicle’s energy balance. Even in the most advanced diesel engines, the vehicle drive uses barely one-third of the fuel energy. The task of engine cooling is to draw waste heat out of the engine in order to allow the engine to operate efficiently.

The key trends engine cooling manufacturers face are turbocharging and exhaust gas recirculation. The combination of the two will enable compliance with stricter emissions standards while offering minimum fuel consumption.

Although hybrids have not really created a substantial change in the heat transfer philosophy of the engine, it is key to know if this technology has created the need for additional product on the electronic side of the system.

Yes, there are additional cooling requirements for battery cooling and power electronics/converter cooling. Li-Ion batteries have an upper temperature limit of around 40º C. High temperatures reduce the lifetime of the battery. Under warm climate conditions the Li-Ion battery therefore has to be cooled with the aid of the air conditioning system. Converter cooling requires a coolant temperature of around 60º C. Therefore, so called low-temperature radiators are required in addition to the normal power train radiator.

The report “Automotive Engine Cooling Systems – Global Sector Overview and Forecast to 2035 (Q1 2021 Update)” provides comprehensive on Engine Cooling Systems, market trends, shares and forecasts as well as a technical round-up of various technologies and brief company profiles. Report’s manufacturer market share estimates cover Global (Engine Cooling Systems; and Radiators), Europe (Engine Cooling), North America (Engine Cooling) and Asia-Pacific (Engine Cooling).

A typical cooling system consists of an Engine Water Jacket, Thermostat, Water Pump, Radiator, Cooling Fan, Hoses, Heater Core, Oil Cooler and Overflow, or Expansion Tank. Forecasts cover OE Radiators fitted to newly-assembled passenger cars and light vehicles across 14 markets. There are two basic radiator assembly variants: Brazed Radiators, and Mechanically Jointed or Assembled Radiators.

*The top 14 markets accounting for over 98% of global light vehicle production include:

North America (US, Canada and Mexico) ; Mercosur (Brazil and Argentina); Western Europe (Germany, Italy, France, UK, Spain, Portugal, Netherlands, Belgium, Sweden, Austria, Finland and Morocco) ; Central Europe (Turkey, Bulgaria, Czech Republic, Poland, Slovakia, Hungary, Romania, Serbia and Slovenia); Russia; Japan; China; India; Korea; Thailand; Other Asia; Iran; South Africa; Australia.

Scope

Based on exclusive interviews, primary research and proprietary data this global market study includes – – Automotive OE Engine Radiators Fitment and market size data for the top 14* markets. – A review of the latest engine cooling technological developments and market trends (including developments in Charge Air Coolers, Heat Exchangers, Alternative Powertrain, Hybrid Vehicle Solutions, Car Radiators, Car Cooling Fans). – Regional supplier market share data tables and commentary. – Exclusive interviews with OE suppliers including Delphi, Hyperdrive Innovation, Visteon. – Updated profiles of the major Automotive Engine Cooling suppliers including their strategies and prospects.

Reasons to Buy

– Gain a quick overview of the automotive engine cooling sector globally. – Understand the size and scope of the top 14 markets. – Hear direct from leading companies on their strategies and plans. – Review the latest and most significant technological developments in engine cooling systems. – Know the key trends within the sector and what’s driving them. – Spot opportunities and threats in this sector. – Establish key companies’ latest activities and prospects. – Prepare supply and demand forecasts. – Produce internal sales plans and forecasts. – Carry out competitive intelligence.

#Automotive

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pratikshame-blog · 6 years ago

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EPDM Market - Industrial Forecast on Global Industry Analysis and Trends till 2027

Ethylene Propylene Diene Monomer (EPDM) Market: Key Highlights

· The global ethylene propylene diene monomer (EPDM) market was valued at ~ US$ 3.8 Bn in 2018, and is anticipated to expand at a CAGR of ~ 6% during the forecast period.

· The global ethylene propylene diene monomer market is driven by the rise in the demand for EPDM in automotive applications such as rear-lamp gaskets, hoses, tire sidewalls, inner tire tubes, front and rear bumpers, and braking systems.

· Asia Pacific accounts for a major share of the global ethylene propylene diene monomer market, led by an increase in the demand for EPDM for use in thermoplastics modification in the region.

Is something restraining your company’s growth in the EPDM market? Ask for the report brochure here

Key Drivers of the EPDM Market

· Ethylene propylene diene monomer, a type of synthetic rubber, is primarily used in automotive, roofing, and plastic modification applications. Ethylene propylene diene monomer is extensively employed in the automotive industry, owing to its chemical properties such as high temperature sustainability, and resistance to heat, harsh weather conditions, ozone, and steam.

· Highly volatile prices of natural rubber is a major factor that has compelled rubber consumers across the globe to shift from natural rubber toward synthetic rubber such as ethylene propylene diene monomer.

· Ethylene propylene diene monomer is widely used in the construction and civil engineering sector in applications such as mounting structures, bridge bearings, expansion joints, pipe couplings, water barriers, roofing membranes, rubberized asphalt, and concrete texturing.

Building & Construction Sector to Offer Attractive Opportunities

· Ethylene propylene diene monomer is an extremely durable, synthetic-rubber, roofing membrane that is widely used in low-slope buildings across the globe. Its two primary ingredients, i.e. ethylene and propylene, are derived from oil and natural gas.

· Ethylene propylene diene monomer is widely used in the building & construction industry, due to its properties such as resistance to cracks, water, and temperature. Thus, it is suitable to be used in roofing solutions in the construction industry.

· Ethylene propylene diene monomer offers properties such as high electric resistance and excellent electric insulation. Thus, it is used in various applications in the electric industry. EPDM is widely employed in the manufacture of low- and medium-voltage cable insulations, wires, and submersible water pumps, due to its water-repellent property.

· In the automotive industry, EPDM is used in hydraulic brake systems, wire and cable harnesses, tubing, window spacers, radiators, belts, weather stripping and seals, glass-run channels, and door, window, and trunk seals.

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High Risk of Substitution to Hamper EPDM Market Growth

· The inert nature of EPDM, which reduces the adherence of the material when used in automotive and plastic applications, and high costs of installation of EPDM roofing systems are expected to hamper the demand for ethylene propylene diene monomer in these applications during the forecast period. Furthermore, ethylene propylene diene monomer exhibits unsatisfactory compatibility with most oils, kerosene, gasoline, aromatic and aliphatic hydrocarbons, concentrated acids, and halogenated solvents.

· The above-mentioned disadvantages of EPDM augment the usage of other elastomers, including NBR, polyurethane-based, and HNBR elastomers, in various applications.

· Furthermore, the oversupply of ethylene propylene diene monomer led by the rise in production capacities acts as a major restraining factor for players operating in the global ethylene propylene diene monomer market. EPDM remains oversupplied in Asia Pacific, with most plants in the region running at reduced pace. Major suppliers had to cut the prices of EDPM to boost buying sentiments. In China, ethylene propylene diene monomer prices have dropped by 8.5% since early October 2018, to reach US$ 2,150/ton on December 19, 2018.

Asia Pacific a Prominent EPDM Market

· Asia Pacific dominated the global ethylene propylene diene monomer market in 2018. Growth of the automotive industry in developing economies such as China and India is likely to propel the ethylene propylene diene monomer market in the region during the forecast period.

· The ethylene propylene diene monomer market in North America is expected to expand at a significant pace during the forecast period, due to the high demand for lubricant additives, and rapid growth of the plastic, rubber, and automotive industries in the U.S. and Canada.

· The demand for EPDM roofing is rising in Spain, Italy, the U.K., and countries in Western Europe, due to the increasing demand for waterproofing solutions for use in non-residential and commercial buildings in these countries.

· Increasing demand for eco-friendly products as substitutes for PVC is projected to drive the TPE sector in North America. This, in turn, is likely to fuel the ethylene propylene diene monomer market in the region from 2019 to 2027.

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Top Few Players Accounted for ~ 50% of EPDM Market Share in 2018

· In April 2015, Lanxess started production of EPDM at its new plant at Changzhou in the Jiangsu province of China. The new plant, with 160,000 tons of annual production capacity, is located in Changzhou Yangtze Riverside Industrial Park. The plant produces ten premium grades of EPDM, tailored to the requirements of customers in Asia, especially China. However, in 2016, Lanxess AG planned to stop the production of EPDM rubber at its facility in Marl, the U.K.

About Us

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Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

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#epdm market #epdm market report #epdm market share

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captainvileshmodiworld-blog · 6 years ago

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Global Industrial Hose Market 2019 | Manufacturers In-Depth Analysis Report to 2024

The latest trending report Global Industrial Hose Market 2019-2024 added by DecisionDatabases.com

Industrial hose is a broad category of rubber hose intended for industrial use. Rubber hose is a reference to the outer cover of the hose and not the inner tube material. With pressures high or low, transfer rates slow or fast and with materials as simple as air and water or as complex as hazardous chemicals—every industrial hose application requires something a little different.

The worldwide market for Industrial Hose is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019.

This report focuses on the Industrial Hose in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/22633-industrial-hose-market-analysis-report

Market Segment by Manufacturers, this report covers

Sumitomo Riko

Semperit

Bridgestone

Parker

HANSA-FLEX

Eaton

Yokohama Rubber

LETONE-FLEX

Gates

Continental

Manuli

Market Segment by Regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia etc.)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers

Textile Reinforced Products

Wire Reinforced Products

Others

Market Segment by Applications, can be divided into

Oil & Gas

Steelworks

Pharmaceutical & Food

Automotive

Chemical Industry

Others

Download Free Sample Report of Global Industrial Hose Market @ https://www.decisiondatabases.com/contact/download-sample-22633

The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe Industrial Hose product scope, market overview, market opportunities, market driving force and market risks. Chapter 2, to profile the top manufacturers of Industrial Hose, with price, sales, revenue and global market share of Industrial Hose in 2017 and 2018. Chapter 3, the Industrial Hose competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Industrial Hose breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019. Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019. Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019. Chapter 12, Industrial Hose market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024. Chapter 13, 14 and 15, to describe Industrial Hose sales channel, distributors, customers, research findings and conclusion, appendix and data source.

Purchase the complete Global Industrial Hose Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-22633

Other Reports by DecisionDatabases.com:

Global Radiator Hose Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 @ https://www.decisiondatabases.com/ip/16902-radiator-hose-market-analysis-report

Global Hydraulic Hose Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 @ https://www.decisiondatabases.com/ip/17388-hydraulic-hose-consumption-market-analysis-report

About-Us: DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.

Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise and meaningful data at a lightning speed.

For more details: DecisionDatabases.com E-Mail: [email protected] Phone: +91 9028057900 Web: https://www.decisiondatabases.com/

#Industrial Hose Market #Industrial Hose Market Report #Industrial Hose Industry Report #Industrial Hose Market Analysis #Industrial Hose Market Growth #Industrial Hose Market Trends #Industrial Hose Market Outlook #Global Industrial Hose Industry Report

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newinnovationalmarketresearch · 4 years ago

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Silicone Elastomers Market Research 2020-2025 Report by Driving Factors, Industry Growth and Top Key Vendors

Silicone Elastomers Market is anticipated to grow significantly in the forecast period due to increasing applications of the silicone elastomers in medical and healthcare sector. Silicone elastomers are the gel-like materials that are colorless, odorless and tasteless and widely used in the production of several electrical insulation products. From several properties of silicone elastomers, physiological inertness is the major property since it helps in the application in medical sector. Silicone elastomers is today gaining popularity due to its properties like superior qualities like high performance and versatility.

Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/silicone-elastomers-market/request-sample

The key driving factors responsible for the growth of Silicone Elastomers market :

View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/silicone-elastomers-market

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nileshdbmr · 5 years ago

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Ethylene propylene diene monomer (EPDM) has some unique characteristics such as heat resistance, vibration absorption, and high weather resistance which make it suitable for numerous applications in the automotive industry. EPDM is a type of synthetic rubber used in automotive parts, such as hoses, weather-stripping, brake parts, windshield wipers, brake parts, windshield wipers, body sealing, tubing, radiator, belts among others.

#EPDM (Ethylene Propylene Diene Monomer) Market

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market-research-industry · 4 years ago

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Ethylene propylene diene monomer (EPDM) market to reach ~ us$ 6.2 bn by 2027

Ethylene Propylene Diene Monomer (EPDM) Market: Key Highlights

The global ethylene propylene diene monomer (EPDM) market was valued at ~ US$ 3.8 Bn in 2018, and is anticipated to expand at a CAGR of ~ 6% during the forecast period.

Asia Pacific accounts for a major share of the global ethylene propylene diene monomer market, led by an increase in the demand for EPDM for use in thermoplastics modification in the region.

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Key Drivers of the EPDM Market

Building & Construction Sector to Offer Attractive Opportunities

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High Risk of Substitution to Hamper EPDM Market Growth

The above-mentioned disadvantages of EPDM augment the usage of other elastomers, including NBR, polyurethane-based, and HNBR elastomers, in various applications.

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Asia Pacific a Prominent EPDM Market

Top Few Players Accounted for ~ 50% of EPDM Market Share in 2018

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#Ethylene propylene diene monomer (EPDM) market

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jayu123-me · 5 years ago

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Silicones Market Consistent Demand For Silicones In Construction Industry

The global silicones market was valued at around US$ 13,700 Mn in 2017 and is anticipated to expand at a CAGR of more than 5.0% from 2018 to 2026, according to a new report by Transparency Market Research (TMR) titled ‘Silicones Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’ Silicones can be defined as a family of high-performance specialty materials. These polymers with large molecules consist of many repeated sub-units. Silicones are used in a wide range of industries due to their favorable physical and chemical properties. For instance, they are resistant to ultraviolet radiation, cold, heat, moisture, and several chemicals. They also provide insulation and long-term elasticity.

Market Driven by Rise in Manufacture of Electric and Electronic Products in Asia Pacific

Several countries in Asia Pacific are leading manufacturers and exporters of electric and electronic products. China’s share of the global export of Information and Communication Technology (ICT) goods stands at approximately 31%. Electronic products account for more than 50% share of exports in the Philippines. Electric machinery and equipment rank among the top exports of Thailand. Malaysia’s manufacturing efforts are focused on the semiconductor ecosystem. Production of electronics and hardware is still at the nascent stage in India. On the other hand, Indonesia is a major consumer of electric and electronic products in ASEAN. Silicones are primarily employed in products such as television sets, refrigerators, and mobile phones. Silicones is used in these products in the form of fluids, elastomers, and resins.

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Uncertainties Associated with Raw Material Supply Adversely Affect Long-term Growth of Silicones Market

Supply and prices of raw materials of silicones depend upon several factors such as currency exchange rates, environment protection measures, and energy costs. China is an important manufacturer and provider of raw materials in the silicones market. However, often, market players based in the country are unable to meet the environment protection regulations. Hence, they need to frequently stop production during government investigation and restart it once it is over. This creates temporary shortage of raw materials in the market, resulting in increased prices. Companies manufacturing silicones bear some portion of increased raw material prices, while the rest is passed on to customers. However, these shortages of raw materials and associated rise in prices of silicones are difficult to predict. As a result, silicone manufacturers are unable to take pre-emptive actions or secure themselves against the shortage of supply. This adversely affects the ability of silicone manufacturers to plan for long-term.

Silicon Used in Wide Range of Components in Automobiles, Marine Vessels, and Aircraft

The transportation industry comprises segments such as automobiles, marine vessels, aircraft, railways, and other modes of transport such as bicycles and drones. The industry has been expanding consistently. It provides stable revenue generation opportunities. The transportation industry accounted for more than 10% share of demand for silicones in 2017.

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Consumption of silicones in the industry is expected to increase at a rapid pace, as new applications of silicones are being consistently developed. Silicones are used in the manufacture of a wide range of components such as airbags, ignition coils, engine seals, gaskets, turbocharge hosing, radiator seals, and hoses in car or automobile manufacturing; windscreens, deck cleats, storage hatches, bilge pump seals, and hull/deck seals in marine vessel manufacturing; and instrument seals and electronic component potting, sealants for in-flight entertainment systems, lighting, overhead bins, fuel tanks, and hydraulic gear boxes in aircraft manufacturing.

Global Silicones Market Segmented Based on Form, Application, End-user Industry, and Region

In terms of form, the global silicones market can be divided into fluids, elastomers, and resins. The elastomer segment is likely to expand at a rapid pace during the forecast period, as these are employed in a wide range of industries such as consumer goods, transportation, electrical & electronics, and construction. Based on application, the market can be segmented into rubber, coatings, emulsions, sealants, and others. The rubber segment is expected to expand at a faster pace during the forecast period, primarily due to the ease of use associated with the application. In terms of end-user industry, the silicones market can be segregated into consumer goods, construction & architecture, transportation, energy, electrical & electronics, paper, textiles, and others. The construction & architecture industry is anticipated to expand at a fast rate during the forecast period, followed closely by transportation. In terms of region, the market can be classified North America (U.S. and Canada), Latin America (Brazil, Mexico, and Rest of Latin America), Europe (Germany, the U.K., France, Italy, Spain, Russia & CIS, and Rest of Europe), Asia Pacific (China, India, Japan, ASEAN, and Rest of Asia Pacific) and Middle East & Africa (GCC, South Africa, and Rest of Middle East & Africa).

Top Few Players Account for Nearly 50% Share of Global Silicones Market

Key players operating in the global silicones market include Wacker Chemie AG, DowDuPont, Momentive Performance Materials Inc., Evonik Industries, and Shin-Etsu Chemical Co. Ltd. These companies constitute around 50% share of the market. Local and regional players in various countries capture the rest of market share. Companies are focusing on expanding their geographical footprint through organic sales, distribution channels, and e-commerce.

Explore Transparency Market Research’s award-winning coverage of the global (Energy) Industry

https://www.globenewswire.com/news-release/2019/09/26/1921110/0/en/Lead-acid-Battery-Scrap-Market-to-reach-US-19-Bn-by-2027-Market-to-Expand-as-Automotive-Manufacturers-Go-Green-Noted-TMR.html

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