Acrylic Elastomers Market Share

Acrylic Elastomers Market Share

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The competitive landscape of the acrylic elastomers industry, featuring major players such as BASF SE, Zeon Corporation, NOK Corporation, Trelleborg AB, and DuPont reflects a moderately concentrated market with notable initiatives driving competition. While these companies contribute significantly to the industry's dynamics, there is still a degree of fragmentation with diverse product offerings and market shares.
 

Competitive approaches among these key players encompass a mix of pricing strategies, distribution network strength, and continuous product innovation. Pricing remains a crucial aspect, with companies strategically positioning their acrylic elastomers products to attract a broad customer base. Distribution channels play a vital role, particularly for global players like BASF SE, Zeon Corporation, and NOK Corporation leveraging extensive networks to ensure widespread availability of their products.
 

Major companies have undertaken key initiatives to stay competitive. For instance, In Feb 2020, Denka Corp., a Japanese rubber manufacturer, introduced a new grade of acrylic elastomer that is highly heat and grease resistant, making it ideal for automotive applications. The new Denka ER grade is designed for use in automotive hoses and gaskets and can withstand temperatures of up to 190° C.
 

Acrylic Elastomers Market Companies

Major companies operating in the acrylic elastomers industry include:

• Arkema S.A.
• BASF SE
• Der-Gom SRL
• DowDuPont Inc.
• Denka Corp.
• Hitachi Chemical Co.Ltd
• Mitsubishi Chemical Holdings Corporation
• Momentive Specialty Chemicals Inc.
• Nippon Shokubai Co. Ltd.
• NOK Corporation
• Zeon Corporation