Ethylene Acrylic Elastomers (AEM) Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.3 Billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030.
The global Ethylene Acrylic Elastomers (AEM) market was valued at approximately USD 1.2 billion in 2022, with a projected compound annual growth rate (CAGR) of around 6.5% from 2023 to 2028. This robust growth is driven by the increasing demand for AEM in automotive and industrial applications due to its superior properties such as high resistance to heat, oil, and weathering. The market is experiencing heightened activity in regions such as Asia-Pacific and North America, where significant investments are being made in automotive and industrial sectors to leverage the benefits of AEM. In 2022, the Asia-Pacific region held the largest market share, contributing approximately 40% to the total market value, reflecting the rapid industrialization and expanding automotive sector in the region.
Opportunity analysis reveals substantial growth potential for AEM in emerging markets, particularly in Southeast Asia and Latin America. These regions are witnessing increased industrial activities and infrastructure development, which is expected to drive the demand for high-performance elastomers. Additionally, advancements in AEM formulations and increasing awareness about the benefits of these materials in high-temperature and high-stress environments are anticipated to further boost market growth. As industries continue to innovate and explore new applications for AEM, the market is likely to see a diversification of use cases, enhancing overall growth prospects.
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DuPont
BASF
Zeon Chemicals
NOK Corporation
Trelleborg
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Ethylene Acrylic Elastomers (AEM) Market
Automotive
Construction
Industrial
Others
Based on Types the Market is categorized into Below types that held the largest Ethylene Acrylic Elastomers (AEM) market share In 2023.
20 wt % Comonomer
9 wt % Comonomer
5 wt % Comonomer
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Ethylene Acrylic Elastomers (AEM) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Ethylene Acrylic Elastomers (AEM) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Ethylene Acrylic Elastomers (AEM) Market, By Type
6. Global Ethylene Acrylic Elastomers (AEM) Market, By Application
7. Global Ethylene Acrylic Elastomers (AEM) Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Ethylene Acrylic Elastomers (AEM) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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