EPDM rubber market to reach $6.5 billion by 2017

ERJ staff report (BC)

Pune, India – The global market for ethylene propylene diene monomer (EPDM) rubber in terms of revenue was estimated to be worth around $4.2 billion (€3.1 billion) in 2011 and is expected to reach $6.5 billion (€4.8 billion) by 2017, growing at an estimated CAGR of 6.9 percent from 2012 to 2017. These are the principal conclusions in a report “EPDM Rubber (Ethylene Propylene Diene Monomer) Market by Application & Geography Trends & Forecasts to 2017” from Markets and Markets.

Asia-Pacific is cited as the largest EPDM market, which is expected to rise due to robust growth in China and India of end-user industries such as automotive, wire and cables, and lubricant additives.

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Further information from Markets and Markets