H1 2023: During the first quarter of 2023, prices for Ethylene Acrylic Elastomer (AEM) experienced a continual rise in the European market. This upward trend was driven by market participants replenishing their stocks of the material within the regional market. Despite this, demand from downstream industries such as automotive and construction remained strong in the region. Operating rates were maintained at a steady pace. The heightened prices of feedstock, including Ethylene and Methyl Acrylate, added to the overall production costs of Ethylene Acrylic Elastomer (AEM) in the region. Simultaneously, increased prices in the Asian market elevated import costs, contributing to the overall high prices of the product. Furthermore, pervasive inflationary pressures and tight monetary conditions across the European market played a role in further boosting the prices of Ethylene Acrylic Elastomer (AEM) in the region. In April 2023, prices for ethylene acrylic elastomer (AEM) in the German market remained steady, However, in May, AEM prices experienced a sudden hike in the German market, driven by elevated import expenses and a surge in demand. Notably, the German automotive industry witnessed a robust rebound in May with increase in sale of vehicles. The heightened performance of the German auto sector, coupled with increased industrial production, resulted in improved AEM consumption and a significant boost in its price in Germany.
The global Ethylene Acrylic Elastomer (AEM) market stood at approximately 390 thousand tonnes in 2022 and is anticipated to grow at a CAGR of 4.12% during the forecast period until 2032. AEM rubbers, also known as Ethylene acrylic elastomers, are a type of synthetic rubber that consists of ethylene and acrylic monomers. The low-temperature properties are enhanced by ethylene, while the acrylic component improves resistance to oil. The presence of a saturated backbone along with polar side groups contributes to effective resistance against heat, ozone (weathering), and various chemicals. In addition to their remarkable heat and UV resistance , AEMs exhibit exceptional vibration dampening, along with favorable dynamic and abrasion properties across a broad temperature range.
AEM elastomers are widely utilized in applications requiring combined resistance to UV, heat, and oils. They serve as a cost-effective alternative to more expensive heat-resistant elastomers particularly in elevated temperature scenarios (<150 °C, <300 °F). AEM rubber is extensively employed in the automotive industry, particularly in hose applications, engine and transmission seals, and turbocharger components. AEM-based transmission and engine seals exhibit robust resistance to lubricants and fluids, including those with high additive content, maintaining their sealing efficacy even under pressure. Common uses include turbocharger hoses, blow-by gas and diesel particle filter sensor sheaths, air management elements, oil- and heat-resistant vibration dampers, engine and transmission seals, cylinder head cover gaskets, oil filter, oil sump gaskets, and shift pistons.
The market for Ethylene Acrylic Elastomers (AEM) is experiencing substantial growth driven by several key factors. A primary catalyst is the expanding automotive industry, where AEM's distinctive properties, including exceptional heat resistance and resistance to oils, make it a preferred choice for various applications such as seals, gaskets, hoses, and engine components. The increasing demand for high-performance elastomers, driven by industries seeking materials capable of withstanding challenging conditions, further propels the adoption of AEM. Stringent environmental and regulatory standards in automotive and industrial sectors also contribute to the rise in demand for AEM, as it aligns with the requirements for compliance and performance. The continuous expansion of oil and gas exploration activities, especially in demanding environments, positions AEM as a valuable material for seals, gaskets, and rubber components in this sector. Technological advancements in AEM manufacturing, enhancing its properties and expanding potential applications, play a crucial role in market growth. Additionally, the automotive industry's focus on lightweighting for improved fuel efficiency and reduced emissions drives the adoption of AEM, given its lightweight and versatile nature. The increasing awareness of AEM's performance benefits, such as its resistance to heat, UV radiations, and various chemicals, further fuels its adoption across industries. Moreover, the global trends of industrialization and infrastructure development contribute to the growing demand for reliable and durable materials like AEM in construction, manufacturing, and other industrial applications. Overall, these factors collectively underscore the positive trajectory of the Ethylene Acrylic Elastomers market. The global Ethylene Acrylic Elastomer (AEM) market size is anticipated to reach nearly 590 thousand tonnes by 2032.
Based on region, Asia Pacific region is the biggest consumer of Ethylene Acrylic Elastomer (AEM). The Asia Pacific region is positioned to lead the global consumption of Ethylene Acrylic Elastomers (AEM) due to its prominent role in the automotive and manufacturing sectors. Major countries like China, Japan, South Korea, and India drive demand in the automotive industry, where AEM is widely used for critical components. As per OECM, China is the global hub of automotives and holds the largest production capacity of automotives across the globe. As a pivotal manufacturing hub, Asia's industrialization and urbanization fuel the need for resilient materials like AEM, renowned for its heat, oil, and chemical resistance. Furthermore, the region's significance in consumer electronics manufacturing enhances the demand for AEM, given its electrical insulation properties. The economic growth, expanding middle class, and well-established trade networks collectively establish the Asia Pacific as the primary market for AEM consumption in the business landscape.
Based on the end-user industry, the global Ethylene Acrylic Elastomer (AEM) market is divided into Automotive, Construction, Industrial, and Others. However, Automotive is the major segment and held approximately 36% of the global Ethylene Acrylic Elastomer (AEM) market in 2022.
Major players in the Global Ethylene Acrylic Elastomer (AEM) market are Solvay SA, DIC Corporation, Toray Industries, Celanese Corporation, SK Chemicals, RADO Gummi GmbH, DuPont, BASF, Zeon Chemicals, and
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2024-2032
This report will be delivered on an online digital platform with one-year subscription and quarterly update.
Objective of the Study:
• To assess the demand-supply scenario of Ethylene Acrylic Elastomer (AEM) which covers production, demand and supply of Ethylene Acrylic Elastomer (AEM) market in the globe.
• To analyse and forecast the market size of Ethylene Acrylic Elastomer (AEM)
• To classify and forecast Global Ethylene Acrylic Elastomer (AEM) market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Ethylene Acrylic Elastomer (AEM) market in the globe.
To extract data for Global Ethylene Acrylic Elastomer (AEM) market, primary research surveys were conducted with Ethylene Acrylic Elastomer (AEM) manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Ethylene Acrylic Elastomer (AEM) market over the coming years.
ChemAnalyst calculated Ethylene Acrylic Elastomer (AEM) demand in the globe by analyzing the historical data and demand forecast which was carried out considering the production of raw material to produce Ethylene Acrylic Elastomer (AEM). ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Ethylene Acrylic Elastomer (AEM) manufacturers and other stakeholders
• Organizations, forums and alliances related to Ethylene Acrylic Elastomer (AEM) distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Ethylene Acrylic Elastomer (AEM) manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Ethylene Acrylic Elastomer (AEM) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2022
390 thousand tonnes
Market size Volume in 2032
590 thousand tonnes
Growth Rate
CAGR of 4.12% from 2023 to 2032
Base year for estimation
2023
Historic Data
2015 – 2022
Forecast period
2024 – 2032
Quantitative units
Demand in thousand tonnes and CAGR from 2023 to 2032
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Manufacturing Process.
Segments covered
By End-Use: (Automotive, Construction, Industrial, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
I am satisfied with overall performance of ChemAnalyst. Weekly updates before the final report were especially helpful and reassuring. Additional requests on the interim and/or final reports were handled in a swift and professional manner
Mr.Shin Dosho
Member - Board of Directors
Osaka Gas Co. Ltd
Disruption Tracker
Disruption Tracker reflect the major shutdown on monthly basis which will help you in
tracking the inventory management and smooth functioning of business. Unforeseen shutdowns and disruptions
resulting in a loss of production capacity to impact the bottom line. The capacity tracker provides industries
with a global view of production and consumption capacity loss that reflects the corresponding conversion factors.
It also highlights the immediate impact on supply due to planned and unplanned outages as well as upcoming start-up
of new capacities. Additionally, it emphasizes how each shutdown—whether due to a maintenance turnaround or a case
of force majeure, affects the plant's operating rate for the given duration. Disruption tracker gives a clear insight
into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on
supply of the product in the market at a Global level.
What was the net market size of Ethylene Acrylic Elastomer (AEM) in terms of volume in 2022?
Ans:
The global market size of Ethylene Acrylic Elastomer (AEM) had reached approximately 390 thousand tonnes in 2022.
Q2.
Which region is the major consumer of Ethylene Acrylic Elastomer (AEM)?
Ans:
Asia Pacific region is the leading consumer of Ethylene Acrylic Elastomer (AEM) globally.
Q3.
Do you offer single or multiuser license?
Ans:
Online Access 12 Months – Single User License (Up to 3 users can access the database) Online Access 12 Months – Enterprise License (Up to 10 Users can access the database)
Q4.
Will I get access to the analyst who authored this report?
Ans:
You will have 24/7 access to the analyst during the subscription period.
Our Solutions
Custom Research
We at ChemAnalyst provide tailor-made solutions to our clients based on their requirements which help them in building and expanding their business by developing customized strategy such as sales strategy, GTM Strategy, product portfolio and new product development. Our dedicated team helps clients in getting the best solution for their requirements. We at ChemAnalyst look forward to serving our clients for long term association.
Techno Economic Feasibility Report (TEFR)
ChemAnalyst provide TEFR reports which include market sizing, plant cost (ISBL and OSBL units), financial modelling, covering all the major financial calculations and ratios including production cost, IRR, major technology, licensing fee (if required), and others fixed and variable costs. TEFR reports will help the client to build greenfield project as well as brownfield expansion for a specific geography. Our Team of experts have delivered multiple TEFR reports which help clients in moving ahead of their business competition by grabbing the opportunity and expanding their business portfolio.
Price Benchmarking
Pricing benchmark report provides real-time data perpetuating current market scenarios, in a world that is changing at a rapid pace, having real-time prices is an imperative to make impactful insights and thereby informed decisions. The Price Benchmarking report provides pricing data for an individual market, or group of markets, which can be converted into localized insights and comparable listings. Benchmarking Reports help clients to make informed decisions by construing the data on several filters: region, country, category, grade and subsequently increasing their brand presence. Clients majorly require pricing benchmarks when they opt for a competitive pricing strategy.
