In China, various steps have been taken to create awareness regarding the advantages of EPDM. These also act as suitable platforms to encourage participation from various stakeholders of the industry.
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The Chinese segment accounted for the largest share of the Asia-Pacific Ethylene Propylene Diene Monomer market in 2014. This large share can be attributed to various factors, such as the growth of the automotive industry and the resultant increase in demand for EPDM.
The key inhibitors of the Asia-Pacific EPDM market include growing competition from substitutes in the building & construction industry, as well as the increasing environmental concerns in the Asia-Pacific region.
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In-depth profiling of the key players have been conducted in the market analysis, along with the recent developments (including new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the Asia-Pacific EPDM market.
The major participants operating in the Ethylene Propylene Diene Monomer market are Mitsui Chemicals (Japan), Kumho Petrochemicals (South Korea), JSR Corporation (Japan), SK Global Chemical Co. Ltd. (South Korea), Jilin Chemicals (China), and Sumitomo Chemical Co. Ltd. (Japan). In addition, there are several other local players in the Asia-Pacific market, manufacturing ethylene propylene diene monomer, with a majority of these players located in China.
