Asia-Pacific Acrylic Elastomers Market Opportunities, Progress Status, Market Dynamics Challenge And Risk 2025

Asia-Pacific Acrylic Elastomers Market is expected to grow at a CAGR of 9.6% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

The major factors contributing to the 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.

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Market Segmentation: Asia-Pacific Acrylic Elastomers Market

  • The Asia-Pacific acrylic elastomers market is segmented based on type into two notable segments as ethylene acrylic elastomers and acrylic co-monomer elastomers/polyacrylic (ACM). In 2018, ethylene acrylic elastomers market will dominate the market with the highest market share.
  • 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 growing at the highest CAGR of 10.0% 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. In 2018, automotive segment is expected to dominate the acrylic elastomers market in the forecast period 2018 to 2025

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Key Points: Asia-Pacific Acrylic Elastomers Market

DowDuPont is going to dominate the Asia-Pacific acrylic elastomers market following with Zeon Corporation, NOK Corporation, BASF SE and Others

  • Ethylene acrylic elastomers is expected to dominate the Asia-Pacific acrylic Elastomers market with market share of 53.1%
  • The acrylic elastomers market in the Asia-Pacific region is leading in, Japan, China, India, South Korea, and Australia. China accounts for the highest market share in this region. The China has highest CAGR of 10.8%

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Key Drivers: Asia-Pacific Acrylic Elastomers Market

The major factors contributing to the 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.

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