Global Ethylene Propylene Rubber Market: Overview
The principal uses of ethylene propylene copolymers are in automobile parts, flexible seals for automobiles, weather stripping, wire and cable insulation, hoses, tire sidewalls, and roofing film.
Ethylene propylene rubber is useful for its excellent resistance to heat, oxidation, weather, and ozone due to its stable, saturated polymer backbone structure. Ethylene propylene rubbers are widely used in the automotive industry as they display exceptional heat resistance properties and are not affected by continually changing weather.
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There are mainly two types of ethylene propylene copolymers with elastic properties: EPM, which is made with ethylene and propylene alone, and EPDM, which is based on three monomers that includes ethylene, propylene, and small amounts of a diene.
The report studies the global ethylene propylene rubber market from ground-up, which covers past performance and current growth trends to present a satisfactory overview of the growth curve of this market over the forecast period. The report is prepared after conducting primary and secondary research and after obtaining expert opinion about the growth of the industry until the end of the forecast period in 2024.
Included in this publication is a vendor landscape wherein top companies are mentioned and are profiled for their business attributes. With the help of standard analytical tools such as SWOT analysis and Porter’s five forces analysis, the report furnishes a market attractiveness analysis from 2016 to 2024.
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Global Ethylene Propylene Rubber Market: Trends and Opportunities
The high demand for ethylene propylene rubber from the automobile industry is the key factor driving the ethylene propylene rubber market. The growth of the automobile industry across several parts of the world has been benefitting the ethylene propylene rubber market. Ethylene propylene rubber is used in the production of automotive weather-stripping and seals. It is also used as a supplement in motor oils and is used in the manufacture of engine mounts, brake parts, and windshield wipers.
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