Global EPDM And SSBR Market Size By Product, By Application, By Geographic Scope And Forecast
EPDM And SSBR Market Size And Forecast
EPDM and SSBR Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2020 to 2027.
Global EPDM and SSBR Market Outlook
The increase in demand for synthetic rubbers in the automotive industry is one of the major drivers of the growth of the global EPDM and SSBR market. The rise in construction activities and ongoing boom in the automotive sector has promoted the growth of EPDM due to its uses such as insulation, engine hose, doors, and window sealings, etc. On the other hand, the increasing application in the manufacturing of tires, rapid industrialization, rising automobile production, and modernization of industrial machinery are all contributing to the growth of this market. However, fluctuation in the prices of raw materials and slowdown in world economic growth may hinder the growth of this market.
Frequently Asked Questions (FAQs)
Global EPDM and SSBR Market Competitive Landscape
The Global EPDM and SSBR Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Kumhopolychem, Mitsui Chemical, Sumitomo Chemical, SK Global Chemical, China Petro, Firestone, Goodyear, Asahi Kase, DOW, and Michelin.
Global EPDM and SSBR Market Segment Analysis
EPDM and SSBR Market is segmented into Product, Application And Geography.
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