Market Overview

The Asia Pacific Acrylic Elastomers Market 2018-2025: Increasing Use of Acrylic Elastomers in the Automobile Industry is Fuelling Growth - ResearchAndMarkets.com

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The "Asia
Pacific Acrylic Elastomers Market - Companies Profiles, Size, Share,
Growth, Trends and Forecast to 2025"
report has been added to ResearchAndMarkets.com's
offering.

Asia-Pacific acrylic elastomers market is growing with a healthy CAGR in
the forecast period 2018 to 2025.

Increased use of acrylic elastomers in automobile industry, advanced
properties of acrylic elastomers as compared to conventional elastomers
and increasing applications of acrylic elastomers in various industries
has increased the growth of market.

On the other hand fluctuating price of raw materials, high prices of AEM
prompting OEMs to opt for thermoplastics and regulatory issues is
hampering the growth of market.

The Asia-Pacific acrylic elastomers market is segmented based on type
into two notable segments as ethylene acrylic elastomers (AEM) and
acrylic co-monomer elastomers/polyacrylic (ACM). In 2018, ethylene
acrylic elastomers (AEM) market will dominate the market with 53.1%
shares by 2025.

The Asia-Pacific acrylic elastomers market is segmented based on
derivative type into four notable segments; ethyl acrylate, butyl
acrylate, methyl acrylate and ethyhexyl acrylate. In 2018, ethyl
acrylate market will dominate the market and will consume around USD
321.74 Million by 2025, and growing at the highest CAGR of 10% in the
forecast period 2018 to 2025.

The Asia-Pacific acrylic elastomers market is segmented based on
end-user into four notable segments; automotive, construction,
industrial machinery, paints & coatings, adhesives & sealants, textiles
and others.

Market Dynamics

Drivers

  • Increased Use of Acrylic Elastomers in Automobile Industry
  • Advanced Properties of Acrylic Elastomers as Compared to Conventional
    Elastomers
  • Increasing Applications of Acrylic Elastomers in Various Industries

Restraints

  • Fluctuating Price of Raw Materials
  • Regulatory Issues

Opportunities

  • Huge Investment in Automotive Industry
  • Commercialization of Bio-Based Acrylic Acid
  • Increasing Demand from Emerging Economies

Challenge

  • Rising Demand for Electric Vehicles

Companies Profiled

  • DowDuPont
  • Zeon Corporation
  • NOK Corporation
  • BASF SE
  • Trelleborg AB
  • Kuraray Co. Ltd.
  • Der-Gom SRL
  • Changzhou Haiba Ltd.
  • Chengdu Dowhon Industrial Co. Ltd.
  • Seal & Design Inc.
  • Paroma

For more information about this report visit https://www.researchandmarkets.com/research/cw5cxv/the_asia_pacific?w=4

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