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BRM Final EPDM Rubber Group10

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EPDM Rubber RESEARCH METHODOLOGY

N.L.Dalmia Institute of Management Studies and Research

Business research methods

Research report

On

Overview of rubber industry

(division mfm, part time, sem-ii)

Under the guidance of

Prof. Nishant panwar

submitted by:-

(group no. 10)

jay bheda(210)

Balkrishna gosavi(225)

vikram mehra(240)

rohan patel(255)

jimit sanghvi(270)

Rahul varma(285)

Certificate

This is to certify that the research project titled, Study of EPDM Rubber Industry is successfully completed by following students.

Submitted by:-

jay bheda(210)

Balkrishna gosavi(225)

vikram mehra(240)

rohan patel(255)

jimit sanghvi(270)

Rahul varma(285)

This project was undertaken in the second semester in master in financial management as the fulfillment of the course. It was completed under our guidance and supervision.

Prof Nishant Panwar

N.L.Dalmia Institute of Management Studies and Research

Acknowledgement

We would like to express our gratitude towards faculty Prof. Nishant Panwar, who had been very supportive as a guide to our efforts in making the project work a successful one.

We also extend our hearty thanks to Prof. Gulab Mohite, Dean of the institute for approving our efforts in making the project a success.

Last but not the least, we would also like to thank all our institute faculties and friends, who were helpful to us in whatever little way they would.

Table of contents

S no.

Topics

Page no.

1

History of EPDM rubber

5

2

Introduction and Executive Summary

5-7

3

Introduction & industry profile

8

4

Problem statement and

Research objectives

9

5

Market share

9

6

Types of Rubber

11-14

7

Uses

15

Advantages & Disadvantages

16

Limitation

17

8

Research methodology

18

Purpose of the research

18

Research & Sample Design

18-19

9

Data Analysis

20-22

10

Hypothesis Testing

23-24

11

Future of EPDM Rubber

25

12

Summary of findings

26

13

Conclusion and References

27

14

Survey (questionnaire)

28-29

History of EPDM rubber:

Ethylene propylene diene monomer (EPDM) rubber had first found wide commercial use in the roofing industry in North America and Europe in the early 1970s.

Introduction and Executive summary

EPDM has found major applications in the automotive, building and construction, wires and cables, plastic modification, lubricant additives and in other such industries. EPDM consists of ethylene (usually 45% to 75% by weight, depending on the application), propylene and a diene (generally between 2.5% and 12%). The main properties of EPDM rubber are its high heat and ozone resistance and exceptional weatherability characteristics. It also has good resistance to polar substances and steam. The material also exhibits excellent electrical insulation properties. EPDM finds major uses in manufacture of seals, washers, belts, hoses, pipes, wires, cables, roofing membranes, electrical cable-jointing as well as plastic modification in the manufacture of thermoplastic vulcanisates (TPV) and thermoplastic olefins (TPO).

Some of the major factors driving the EPDM market are the increasing demand in the Asia-pacific region, the continuous growth in the automobile industry where EPDM finds uses in most automobile interiors and parts, boom in roofing and construction in developing countries, and high resistance to prolonged exposure in harsh climates. EPDM is one of the raw materials used in the manufacturing of its substitutes TPO and TPV and the increase in demand for these materials is boosting the overall demand for EPDM.

EPDM is a synthetic rubber and is known for their outstanding resistance to heat, ozone, weather, polar substances, and have excellent electrical insulation properties. EPDM is widely used in automotive applications and roofing systems. Automotive industry is the largest consumer of EPDM. It is used in the manufacturing of seals, washers, glass-run channels, radiators, garden and appliance hose, tubing, pond liners, belts, electrical insulation, vibrators, o-rings, solar panel heat collectors, uv protection and speaker cone surrounds, electrical wire & cable jackets, roofing membranes.

EPDM performance properties ethylene-propylene elastomers are random, amorphous polymers with mainly a saturated hydrocarbon backbone structure. This provides a range of useful performance properties:

Outstanding ozone resistance

Excellent aging and weatherability

Excellent heat resistance (up to 150c)

Wide range of tensile strength and hardness

Excellent electrical insulation properties

Low temperature flexibility

Good polar solvents chemical resistance, poor hydrocarbon resistance

Good water resistance in addition, the low density of these elastomers (specific gravity about 0.86 gram per cm3 ) plus their ability to accept very high levels of extender oils and fillers often gives them a cost advantage over other elastomers in many application EPDM performance properties

Ethylene-propylene elastomers are random, amorphous polymers with mainly a saturated

Nationwide analysis of the EPDM

EPDM consumption in Indiais expectedto grow at an averageannualrate of 10%.

EPDM market is in a state of high production capacity utilization and this kind of situation leads market to price rise and offers wide scope to manufactures for new capacity addition.

Introduction & industry profile

An overview of rubber industry (f.y. 2013-14)

Total no. Of units: 6000 approx.

Large & medium scale units: 500

Small & tiny units: 5500

Industry turnover: Rs.60,000 crores

Tyre sector: Rs.35,000 crores

Non tyre sector: Rs.25,000 crores

Value exports: Rs.9,600 crores

Taxes & duties: Rs.13500 crores

Raw-material intensity: raw material cost accounts for 65% - 70% of industry turnover (approx.)

Principal Raw-materials: Synthetic rubbers i.e. EPDM, carbon black, rubber chemicals etc.

This study carried out will help to understand the market potential to set up a new company by the analysis of industry against the leading players as mentioned below:

Alp overseas pvt ltd., Gurgaon-122015

Asp sealing products ltd. (UP)

R. K. Profiles private limited, Faridabad

Gold seal engineering, Mumbai

Problem statement

This research aims to do analysis of EPDM rubber industry for launching a new company.

Research objectives

1) To understand the overall market potential with detailed analysis on industry.

2) To understand the consumer preferences and behavior.

3) To understand the satisfaction level of competitors on important attributes, from consumers perspective.

Market share

The breakup of the market share of major brands in Indian market is as follows:

Company

Market share

Alp overseas pvt ltd., Gurgaon

35%

Asp sealing products ltd.(UP)

20%

Gold seal engineering, Mumbai

10%

R. K. Profiles private limited, Faridabad

5%

Others

30%

Mechanical properties of EPDM

Property

Value

Appearance

Hardness,shore a

4090

Tensile failure stress, ultimate

25mpa

Elongation after fracture in%

300%

Density

Can be compounded from 0.90 to >2.00g/cm3

Thermal properties of EPDM

Property

Value

Coefficient of thermal expansion, linear

160m/mk

Maximum service temperature

150c

Minimum service temperature

50c

Glass transition temperature

54c

Types of rubber

1. Sponge EPDM rubber profile

Thesponge EPDM rubber profileoffered by us is extensively used in a diverse applications including automotive air-conditioning. Manufactured using high grade sponge compounds with very low specific gravity, these easily fit into the holes of the auto body and present excellent compressibility for smooth and effective sealing of the doors. We manufacture these highly specialized components with added features such as exceptionally low specific gravity, high porosity on the inside without compromising on the external texture of the components. These features help to retain the desired smoothness of the profile.

2. EPDM rubber profiles

TheEPDM rubber profilesmanufactured by us serve as sealing components that is used between the glass and aluminum sections. The company serves the building and construction industry extensively.EPDM by far is the lightest rubber in comparison to other types of rubber. Thus, its final product is longer in length (meter) per unit weight. This characteristic helps increase its spectrum of applications greatly. Our profiles bare a high level of ozone resistance that are perfect for sealing and sustains for a very long time. Further, these profiles can be customized as per the requirement of our clients.

3. Railway window rubber

Railway window rubber are created using high grade EPDM rubber which possess features like resistance to varying weather conditions

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