North America Elastomers Market - Trends & Forecasts (2015-2020) - Driven By Cost Effectiveness & Adaptability - Research and Markets
Research and Markets (http://www.researchandmarkets.com/research/hc44gc/north_america)
has announced the addition of the "North
America Elastomers market - Segmented by Product type, Application and
Geography - Trends and Forecasts (2015-2020)" report to their
The North America 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 end-user markets. Consumption and revenue generation of Elastomers
is expected to increase considerably during the forecast period.
The US will remain the largest market and will grow the fastest. 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, advancement in
Processing Industry and growing purchasing power in the developing
economies are anticipated to boost the industry.
China is the most attractive market for Elastomers in the world and will
be the principal driver for North America Elastomers demand to 2020.
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. North America Market Analysis
7. Competitive Landscape
8. Company Profiles
For more information visit http://www.researchandmarkets.com/research/hc44gc/north_america
View source version on businesswire.com: http://www.businesswire.com/news/home/20160128005616/en/
Copyright Business Wire 2016
Source: Business Wire
(January 28, 2016 - 6:40 AM EST)
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