Market Overview:
The global ethylene-propylene elastomers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for ethylene-propylene elastomers in various applications, such as building and construction, automotive, plastic modification, lubricant additive, wire and cables, tyres and tubes. In terms of type, compatible ethylene-propylene elastomers are expected to dominate the market during the forecast period owing to their properties such as high thermal stability and resistance against oxidation.
Product Definition:
Ethylene-propylene elastomers are a type of synthetic rubber made from the polymerization of ethylene and propylene monomers. They are used in a variety of applications, including automotive hoses, belts, seals, and gaskets.
Compatible:
Compatible is a kind of synthetic rubber that is manufactured by the polymerization of styrene-butadiene. It has similar properties like natural rubber, but it can be processed at lower temperatures and has better resistance to ozone and oxygen.
Miscible:
Miscible polymers are polymer blends that can be mixed with other polymers to form a homogenous mixture. They have high compatibility and low reactivity towards other materials. The most common example of miscible polymer is Polyethylene (PE) and Polypropylene (PP).
Application Insights:
Building and construction was the largest application segment in 2017. The product is widely used in residential, commercial, and industrial buildings as an adhesive, sealant or weathering agent. It is also used to manufacture pipes for water service connections between fixtures and main lines. Ethylene-propylene elastomers find applications in various building materials such as insulation foams for cold water pipes, air conditioning systems (AC), electrical cable insulation protection coatings & laminates on account of their high strength resistance to chemicals & moisture which makes them ideal for use in HVAC system¢â‚¬â„¢s coil tubing insulations where it acts as a thermal barrier coating.
The automotive sector accounted for 10% of the overall revenue share in 2017 owing to increasing demand from tire manufacturers particularly during winters when seasonal tire production peaks are observed across major markets including North America.
Regional Analysis:
Asia Pacific accounted for the largest market share of over 35% in 2017. The region is expected to witness significant growth on account of rapid industrialization and urbanization, which are anticipated to drive infrastructure development across the emerging economies including China, India, Thailand and Indonesia. In addition, rising disposable income levels coupled with growing consumer awareness regarding fuel-efficient vehicles is likely to propel automotive sales in this region over the forecast period.
Europe was estimated at USD X billion in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 owing high product demand from major application sectors including building & construction; automotive; plastic modification; lubricant additive; wire and cables etc.
Growth Factors:
- Increasing demand for ethylene-propylene elastomers in automotive and transportation industries due to their properties such as high thermal stability, low gas permeability, and good resistance to oil and fuel.
- Rising demand for ethylene-propylene elastomers from the construction industry owing to the increasing use of these materials in roofing membranes, seals, gaskets, and hoses.
- Growing demand for ethylene-propylene elastomers from the electrical & electronics industry on account of their excellent insulation properties and superior resistance to chemicals & solvents.
- Increasing application scope of ethylene-propylene elastomers in medical devices owing to their biocompatibility and non-toxicity characteristics.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ethylene-Propylene Elastomers Market Research Report
By Type
Compatible, Miscible
By Application
Building And Construction, Automotive, Plastic Modification, Lubricant Additive, Wire and Cables, Tyres and Tubes
By Companies
Mitsui Chemical, Lanxess, Versalis, SK Global Chemical, Kumho Petrochemical, Sumitomo, ExxonMobil Chemical, Dow Elastomers, Lion Copolymer, JSR, Jilin Chemical, Firestone Building Products, Carlisle Syntec, Johns Manville, Royal Adhesives and Sealants, Milliken
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Ethylene-Propylene Elastomers Market Report Segments:
The global Ethylene-Propylene Elastomers market is segmented on the basis of:
Types
Compatible, Miscible
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Building And Construction, Automotive, Plastic Modification, Lubricant Additive, Wire and Cables, Tyres and Tubes
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mitsui Chemical
- Lanxess
- Versalis
- SK Global Chemical
- Kumho Petrochemical
- Sumitomo
- ExxonMobil Chemical
- Dow Elastomers
- Lion Copolymer
- JSR
- Jilin Chemical
- Firestone Building Products
- Carlisle Syntec
- Johns Manville
- Royal Adhesives and Sealants
- Milliken
Highlights of The Ethylene-Propylene Elastomers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Compatible
- Miscible
- By Application:
- Building And Construction
- Automotive
- Plastic Modification
- Lubricant Additive
- Wire and Cables
- Tyres and Tubes
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ethylene-Propylene Elastomers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ethylene-propylene elastomers are a type of thermoplastic polymer that is made up of ethylene and propylene molecules. They are often used in products that need to be flexible, such as pipes, hoses, and toys.
Some of the major companies in the ethylene-propylene elastomers market are Mitsui Chemical, Lanxess, Versalis, SK Global Chemical, Kumho Petrochemical, Sumitomo, ExxonMobil Chemical, Dow Elastomers, Lion Copolymer, JSR, Jilin Chemical, Firestone Building Products, Carlisle Syntec, Johns Manville, Royal Adhesives and Sealants, Milliken.
The ethylene-propylene elastomers market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ethylene-Propylene Elastomers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ethylene-Propylene Elastomers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ethylene-Propylene Elastomers Market - Supply Chain
4.5. Global Ethylene-Propylene Elastomers Market Forecast
4.5.1. Ethylene-Propylene Elastomers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ethylene-Propylene Elastomers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ethylene-Propylene Elastomers Market Absolute $ Opportunity
5. Global Ethylene-Propylene Elastomers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ethylene-Propylene Elastomers Market Size and Volume Forecast by Type
5.3.1. Compatible
5.3.2. Miscible
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ethylene-Propylene Elastomers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ethylene-Propylene Elastomers Market Size and Volume Forecast by Application
6.3.1. Building And Construction
6.3.2. Automotive
6.3.3. Plastic Modification
6.3.4. Lubricant Additive
6.3.5. Wire and Cables
6.3.6. Tyres and Tubes
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ethylene-Propylene Elastomers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ethylene-Propylene Elastomers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ethylene-Propylene Elastomers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ethylene-Propylene Elastomers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ethylene-Propylene Elastomers Demand Share Forecast, 2019-2029
9. North America Ethylene-Propylene Elastomers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ethylene-Propylene Elastomers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ethylene-Propylene Elastomers Market Size and Volume Forecast by Application
9.4.1. Building And Construction
9.4.2. Automotive
9.4.3. Plastic Modification
9.4.4. Lubricant Additive
9.4.5. Wire and Cables
9.4.6. Tyres and Tubes
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ethylene-Propylene Elastomers Market Size and Volume Forecast by Type
9.7.1. Compatible
9.7.2. Miscible
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ethylene-Propylene Elastomers Demand Share Forecast, 2019-2029
10. Latin America Ethylene-Propylene Elastomers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ethylene-Propylene Elastomers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ethylene-Propylene Elastomers Market Size and Volume Forecast by Application
10.4.1. Building And Construction
10.4.2. Automotive
10.4.3. Plastic Modification
10.4.4. Lubricant Additive
10.4.5. Wire and Cables
10.4.6. Tyres and Tubes
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ethylene-Propylene Elastomers Market Size and Volume Forecast by Type
10.7.1. Compatible
10.7.2. Miscible
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ethylene-Propylene Elastomers Demand Share Forecast, 2019-2029
11. Europe Ethylene-Propylene Elastomers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ethylene-Propylene Elastomers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ethylene-Propylene Elastomers Market Size and Volume Forecast by Application
11.4.1. Building And Construction
11.4.2. Automotive
11.4.3. Plastic Modification
11.4.4. Lubricant Additive
11.4.5. Wire and Cables
11.4.6. Tyres and Tubes
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ethylene-Propylene Elastomers Market Size and Volume Forecast by Type
11.7.1. Compatible
11.7.2. Miscible
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ethylene-Propylene Elastomers Demand Share, 2019-2029
12. Asia Pacific Ethylene-Propylene Elastomers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ethylene-Propylene Elastomers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ethylene-Propylene Elastomers Market Size and Volume Forecast by Application
12.4.1. Building And Construction
12.4.2. Automotive
12.4.3. Plastic Modification
12.4.4. Lubricant Additive
12.4.5. Wire and Cables
12.4.6. Tyres and Tubes
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ethylene-Propylene Elastomers Market Size and Volume Forecast by Type
12.7.1. Compatible
12.7.2. Miscible
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ethylene-Propylene Elastomers Demand Share, 2019-2029
13. Middle East & Africa Ethylene-Propylene Elastomers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ethylene-Propylene Elastomers Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ethylene-Propylene Elastomers Market Size and Volume Forecast by Application
13.4.1. Building And Construction
13.4.2. Automotive
13.4.3. Plastic Modification
13.4.4. Lubricant Additive
13.4.5. Wire and Cables
13.4.6. Tyres and Tubes
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ethylene-Propylene Elastomers Market Size and Volume Forecast by Type
13.7.1. Compatible
13.7.2. Miscible
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ethylene-Propylene Elastomers Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Ethylene-Propylene Elastomers Market: Market Share Analysis
14.2. Ethylene-Propylene Elastomers Distributors and Customers
14.3. Ethylene-Propylene Elastomers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Mitsui Chemical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lanxess
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Versalis
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SK Global Chemical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kumho Petrochemical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sumitomo
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ExxonMobil Chemical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Dow Elastomers
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Lion Copolymer
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. JSR
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Jilin Chemical
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Firestone Building Products
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Carlisle Syntec
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Johns Manville
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Royal Adhesives and Sealants
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Milliken
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook