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 their offering.

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 end-user markets.

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.

Companies Mentioned:

• BASF SE
• Bayer MS
• The Dow Chemical Co.
• DuPont
• Huntsman Corp.
• Chemtura Corp.
• Mitsui Chemicals
• Nippon
• Lyondell Basell
• Ineos Olefins & Polymers
• Total Petrochemicals
• Akzonobel N.V.
• ExxonMobil Chemical Co.
• Afton Chemical Corporation
• Braskem SA
• Innospec Inc.
• Cummins Inc.
• Total S.A.
• Evonik Industries
• Chevron Phillips Chemical Co.
• LyondellBasell
• SABIC
• SIBUR
• Wanhua Industrial Group
• Schulman (A.) Incorporated
• PolyOne Corporation
• Royal DSM
• Dynasol
• Dushanzi

Key Topics Covered:

1. Introduction

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/