Europe Elastomers Market - Trends and Forecasts (2015-2020) - Growing Demand From Automotive Industry - Research and Markets
Research and Markets (http://www.researchandmarkets.com/research/mwhrff/europe_elastomers)
has announced the addition of the "Europe
Elastomers Market - Trends and Forecasts (2015-2020)" report to
The Europe Elastomers Market has grown evidently during the past few
years and is expected to grow at a healthy pace in the next five years,
driven by cost effectiveness and adaptability of Elastomers in major
China shared about 25% of the Elastomers demand in 2014. Consumption and
revenue generation of Elastomers is seen to be high in APAC, followed by
the North American region. Germany will remain the largest market and
will grow the fastest in the Europe.
Growing segments such as bio TPEs are emerging commercially and would be
very effective due to cleanliness of the bio material and harmless
wastage that they may leave, in future.
The study indicates that the growing demand from automotive industry is
the main driver for the elastomers market. Also, advancements in the
processing industry and growing purchasing power in the developing
economies are anticipated to boost the industry.
Among the elastomers the thermoplastic elastomers are expected to show
more growth relatively mainly due the diverse range of its applications
and increasing R&D efforts. The industry is expected to face certain
challenges such as fluctuation of crude oil prices, and product
commoditization. Other major concern is the market saturation in
applications for elastomers.
The Dow Chemical Co.
Ineos Olefins & Polymers
ExxonMobil Chemical Co.
Afton Chemical Corporation
Chevron Phillips Chemical Co.
Wanhua Industrial Group
Schulman (A.) Incorporated
Key Topics Covered:
2. Executive Summary
3. Elastomers Market
4. Market Dynamics
5. Market Segmentation and Analysis
6. Europe Market Analysis
7. Competitive Landscape
8. Company Profiles
For more information visit http://www.researchandmarkets.com/research/mwhrff/europe_elastomers
View source version on businesswire.com: http://www.businesswire.com/news/home/20160129005324/en/
Copyright Business Wire 2016
Source: Business Wire
(January 29, 2016 - 4:38 AM EST)
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