Ethylidene Norbornene Market Global Trend 2020, Gross Earning and Emerging Growth Opportunity 2027
Market Synopsis: Ethylidene norbornene is used in the production of ethylene propylene diene monomer (EPDM) rubber, which finds utility in non-tire synthetic rubber applications. It offers key advantages such as high tensile strength, fast curing, and high wear weather resistance, which is likely to pave the way for rising demand in the nearby future. It has been highlighted by Market Research Future (MRFR) in its recent study that the global ethylidene norbornene market is set to mark a CAGR of 4% through the evaluation period 2020 to 2027. The product has penetrated across major industry verticals such as automotive, building construction, and electrical and electronics. These industries are anticipated to witness boom over the next few years, thus, catalyzing the expansion of the ethylidene norbornene market over the review period. It has been assessed that the increasing purchasing power in the developed and developing economies is likely to generat...