Chemical Week Magazine :: Basic Chemicals & Plastics
Study: Elastomers Demand Driven by Auto Growth
8:33 AM MDT | August 3, 2012 | —Lindsey Bewley
An uptick in global automotive demand from Asian countries is driving increased demand for ethylene propylene (EP) elastomers, according to a study from IHS Chemical. EP elastomers are synthetic rubber materials used primarily in manufacturing certain automotive parts, single-ply roofing, and appliance parts. The emerging economies of China and India are significantly driving demand growth, IHS says. Demand for EP elastomers in China is projected to grow more than 11%/year to 2016, to 408,000 m.t., while consumption of EP elastomers in India is expected to grow...
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