Ethylene propylene diene monomer (EPDM) demand in
India stood at 43 KTPA in 2018 and is projected to grow at a CAGR of over 6.7%
during 2019-2030 to reach 106 KTPA by 2030. High demand for EPDM across various
sectors such as building & construction, automotive, tires and tubes, wires
& cables, lubricant additives, plastic modification, etc. owing to its various
useful properties which include resistance to atmospheric ageing, abrasives and
tearing, polar solvents like water, acids, alkalies, phosphate esters, etc.
Moreover, EPDM has good electrical resistivity which is expected to further propel
its demand across India. Additionally, increasing usage of EPDM in various
applications like automotive weather-stripping and seals, glass-run channel, radiator,
garden and appliance hose, tubing, belts, electrical insulation, roofing
membrane, roof coating, RV roof, rubber mechanical goods, plastic impact modification,
thermoplastic vulcanizates, motor oil additive applications, window spacers, hydraulic
brake systems etc., would further steer growth in India EPDM market during forecast
period.
Years Considered for this Report:
Historical Years: 2013 – 2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020 – 2030
Objective of the
Study:
- The primary objective of the study was to
evaluate and forecast EPDM capacity, demand, and demand–supply
gap in India.
- To categorize EPDM demand based
on application, region and sales channel.
- To identify major customers of EPDM in India.
- To study trade dynamics and company share
in India EPDM market.
- To evaluate and forecast EPDM pricing in India.
- To identify and profile major companies operating
in India EPDM market.
- To identify major news,
deals and expansion plans in India EPDM market.
Some of the major players operating
in India EPDM market are Exxon Mobil Corporation, DowDuPont Inc., Mitsui
Chemicals, JSR Corporation, etc.
To extract data for India EPDM market,
primary research surveys were conducted with EPDM manufacturers, suppliers,
distributors, wholesalers and end users. While interviewing, the respondents
were also inquired about their competitors. Through this technique, TechSci
Research was able to include manufacturers that could not be identified due to
the limitations of secondary research. Moreover, TechSci Research analyzed
various end user segments and projected a positive outlook for India EPDM market
over the coming years.
TechSci Research calculated EPDM demand
in India by analyzing the historical data and demand forecast which was carried
out considering development in end use industries. TechSci Research sourced
these values from industry experts and company representatives and externally
validated through analyzing historical sales data of respective manufacturers
to arrive at the overall market size. Various secondary sources such as company
websites, association reports, annual reports, etc., were also studied by TechSci
Research.
Key Target Audience:
- EPDM manufacturers and
other stakeholders
- Organizations, forums and
alliances related to EPDM distribution
- Government bodies such as regulating
authorities and policy makers
- Market
research organizations and consulting companies
The study is useful in providing
answers to several critical questions that are important for industry
stakeholders, such as EPDM manufacturers, distributors and policymakers. The
report also provides useful insights about which market segments should be
targeted over the coming years to strategize investments and capitalize on
growth opportunities.
Report Scope:
In this report, India
EPDM market has been segmented into following categories:
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs.
In
case you can’t find what, you are looking for then please get in touch with our
custom research team at [email protected]