Reports and Data's Global Acrylic Ethylene Rubber Market research report is an in-depth investigation that provides an industry-wide overview of existing and emerging growth patterns, end-user analysis, and other key data that has been tested and validated by industry experts and professionals. The report examines the market in terms of importance, share, size, demand and supply, patterns, competitive landscape, industrial chain analysis, and other important factors. The report also provides a detailed outlook for the industry's driving and restraining forces, as well as micro and macroeconomic factors that are expected to influence its development.
The Global Acrylic Ethylene Rubber Market reached a valuation of USD 750 million in 2019 and is expected to cross USD 1.2 billion in 2024 with a CAGR of about 8.2% from 2019 to 2024. Acrylic Ethylene Rubber, also known as ACM (alkyl acrylate copolymer) or Hy Temp is a type of specialty rubber, which has high heat resistance, aging resistance, oil resistance, ozone resistance, resistance to ultraviolet radiation and others. Owing to such properties, it is popularly used in automotive transmissions, hoses, gaskets, adhesives, beltings, and O-rings. Acrylic Ethylene Rubber also has dampening properties because of which, it is also used in dampening mounts.
Leading Players- Zeon, NOK, Changzhou Haiba Rubber Co., Ltd., DuPont, The Harboro Rubber Co., Ltd.
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Increasing production of automotive and the demand for long-lasting products are the driving factors for the growth of the market. In terms of application, perhaps the most prevalent use of Acrylic Ethylene Rubber is in automotive seals and gaskets owing to the increasing need for oil-resistant rubber materials. The growing need for lower fuel consumption and rising combustion temperature in the engine compartment also has a positive impact on the market. The rising demand from end-users enterprises such as customer merchandise and plastics will steadily contribute to the growth of the market.
Type Outlook:
- Epoxy Acrylate Rubber
- Carboxyl Type Acrylate Rubber
- Active Chlorine Acrylate Rubber
- Dienes Acrylate Rubber
Application Outlook:
- Gaskets
- Automotive Transmissions
- Hoses
- Adhesives
- Others
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
The Acrylic Ethylene Rubber market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Acrylic Ethylene Rubber market.
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Frequently Asked Questions Addressed in the Report:
- What is the estimated market revenue growth over the forecast period?
- What are the major factors driving the global Acrylic Ethylene Rubber market revenue growth?
- Which regional market is expected to account for the largest revenue share in the global Acrylic Ethylene Rubber market over the forecast years?
- Which are the leading players in the global Acrylic Ethylene Rubber market?
- What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis of the market?
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