North American Ethylene Propylene Diene Monomer Market is Expected to Reach $1,537.5 Million by 2019, at a CAGR of 5.6% from 2014 to 2019
FORTWORTH, Texas, April 16, 2015 /PRNewswire/ --
The current market size in terms of value of the North American Ethylene Propylene Diene Monomer market (2013) is about $1,135.8 million and is estimated to reach $1,559.86 million by 2019, growing at a CAGR of 5.6%, from 2014 to 2019. The high demand across the industries will increase the overall Ethylene Propylene Diene Monomer consumption.
Browse through the TOC of North American ethylene propylene diene monomer market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.
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The North American Ethylene Propylene Diene Monomer market is significantly penetrating their end-use industries. They have different characteristics as per their manufacturing and application requirement in the end products. North America is expected to dominate this market with its increasing demand for Ethylene Propylene Diene Monomer in different applications, especially the automotive, building & construction, plastic modification, tires & tubes, wire & cables, lubricant additive, and others. The North American markets is estimated to show a rising growth in the next five years with the allied industries expected to stabilize the overall business need in the respective regions.
Investments and expansion is a key strategy of this market. The manufacturing companies, associations, and end-product manufacturers infuse high investments for future advancements and technology modifications of Ethylene Propylene Diene Monomer to match the new demands coming from different end-user industries. Ethylene Propylene Diene Monomer of 85% concentration is dominant among all the grades of the acid available, in terms of consumption and revenue, reasoned by its optimal cost to property.
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North America is one of the largest region, both in terms of volume and value, followed by North America. The U.S. and Canada are expected to persist as successful Ethylene Propylene Diene Monomer markets. The key players in the North America Ethylene Propylene Diene Monomer market are Dow Chemical Co. (U.S.), ExxonMobil Chemical Co. (U.S.), Lion Chemical Capital (U.S.), Lanxess AG (Germany), and others.
The Ethylene Propylene Diene Monomer demand, in terms of value and volume, depicts the current and future projections according to the parallel economic and industrial outlook. This analysis covers important developments, expansions, agreements, and mergers & acquisitions of the leading North American companies.
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