Global Ethylene Propylene Diene Monomer (EPDM) Market - Segmented by Manufacturing Process, Application, and Geography - Growth, Trends and Forecasts (2018 - 2023)

  • ID: 4402678
  • Report
  • Region: Global
  • 204 pages
  • Mordor Intelligence
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  • Carlisle Companies Inc.
  • ExxonMobil Corporation
  • JSR Corporation
  • Lanxess AG
  • Mitsui Chemicals
  • PetroChina Co. Ltd.
  • MORE
The global ethylene propylene diene monomer (EPDM) market is expected to register a CAGR of 5.29% through the forecast period, 2018-2023. Asia-Pacific dominated the global EPDM market, and is also expected to register the fastest CAGR through the forecast period.

Accelerating Automotive Production in Asia-Pacific and Parts of Europe

The properties of EPDM, such as high weather resistance, heat resistance, and vibration absorption, make it suitable for different applications in the automotive industry. EPDM, which is a synthetic rubber, is widely used in automotive parts, such as hoses, body sealing, weather-stripping, engine mounts, belts, brake parts, and windshield wipers. It is also used in mechanical goods for under-hood applications. According to International Organization of Motor Vehicle Manufacturers (OICA), the production of automobiles has increased from 90 billion units in 2015 to almost 95 billion units in 2016, and the surge is expected to continue though the forecast period as well. The automotive industry is growing at a rapid pace in the Asia-Pacific region. China, India, and Indonesia are some of the major countries in the production of cars and commercial vehicles. Europe, France, Czech Republic, Italy, Spain, and Sweden have seen good growth in the automotive production, which in turn, are expected to increase the consumption of EPDM.

Automotive is the largest end-user industry, accounting for more than 40% share in the global EPDM market.

Slurry/Suspension Process - the Fastest-growing Manufacturing Process Segment

Slurry/Suspension process is a modification over the bulk polymerization and it diminishes the use of solvents and solvent handling equipment, which makes it a more efficient process for manufacturing EPDM. However, solution polymerization process too is widely used, due to its versatility in making a wide range of polymers, and are hence is still the most popular choice in the EPDM manufacturing process.

Asia-Pacific to Dominate the Market Growth through 2023

Asia-Pacific is the fastest-growing market for EPDM, due to the growth of the automobile industry in India, China, Japan, Thailand, and South Korea. China dominates the Asia-Pacific EPDM market, owing to its huge production base of automotive, electronics, and plastics. North America has relatively mature economic conditions. Due to the environmental issues in Germany, many industries like automobile and plastic choose to use innovative EPDM, which leads to further increase in the demand for the EPDM market in the European region.

Key Developments in the Market
  • November 2017: The new official football of the World Cup 2018 is expected to contain Keltan Eco a bio-based ethylene-propylene-diene monomer (EPDM) rubber made by ARLANXEO, one of the world’s leading suppliers of synthetic rubber.
  • November 2017: Eni SpA. announced the launch of Lotte Versalis Elastomers- a new integrated industrial complex for the production of elastomers in Yeosu, South Korea. Lotte Versalis Elastomers is a 50:50 joint venture between Versalis (Eni) and Lotte Chemical. The industrial complex has a nameplate capacity of 200,000 metric ton per year of EPDM, s-SBR, and BR elastomers.
  • March 2017: Sumitomo Chemical neared completion of its Saudi EPDM plant, which is scaled at 75,000 metric ton in annual production

Reasons to Purchase this Report
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
  • Identify the manufacturing process and application are expected to dominate the market
  • Know about the regions that are expected to witness fastest growth during the forecast period
  • Identify the latest developments, market shares, and strategies employed by the major market players
  • 3 months analyst support, along with the Market Estimate sheet (in excel).
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Note: Product cover images may vary from those shown
2 of 4


  • Carlisle Companies Inc.
  • ExxonMobil Corporation
  • JSR Corporation
  • Lanxess AG
  • Mitsui Chemicals
  • PetroChina Co. Ltd.
  • MORE
1. Introduction
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report

2. Executive Summary

3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness - Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Buyers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products
3.2.5 Degree of Competition
3.3 Patent Analysis

4. Market Dynamics
4.1 Drivers
4.1.1 Increased Application in the Automotive and Construction Industry
4.1.2 Growing Demand from Construction Industry
4.1.3 Increased Usage of EPDM in Thermoplastic Modification
4.2 Restraints
4.2.1 Oversupply
4.3 Opportunities
4.3.1 Development of Bio-Based EPDM
4.3.2 Increase in Research & Development for Developing Environment-Friendly Finished Products

5. Market Segmentation and Analysis
5.1 By Manufacturing Process (Market Size, Growth and Forecast)
5.1.1 Solution Polymerization Process
5.1.2 Slurry/Suspension Process
5.1.3 Gas-phase Polymerization Process
5.2 By Application
5.2.1 Automotive
5.2.2 Building and Construction
5.2.3 Plastic Modification
5.2.4 Electrical and Electronics
5.2.5 Lubricant Additive
5.2.6 Wires and Cables
5.2.7 Tires and Tubes

6. Regional Market Analysis (Market Size, Growth and Forecast)
6.1 Asia-Pacific
6.1.1 China
6.1.2 India
6.1.3 Japan
6.1.4 South Korea
6.1.5 ASEAN Countries
6.1.4 Rest of Asia-Pacific
6.2 Europe
6.2.1 Germany
6.2.2 UK
6.2.3 France
6.2.4 Italy
6.2.5 Russia
6.2.6 Rest of Europe
6.3 North America
6.3.1 United States
6.3.2 Canada
6.3.3 Mexico
6.3.4 Rest of North America
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East and Africa (MEA)
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of MEA

7. Competitive Landscape
7.1 Mergers & Acquisitions, Joint Ventures Collaborations and Agreements
7.3 Market Share Analysis**
7.4 Strategies Adopted by Leading Players

8. Company Profiles (Overview, Financials**, Products & Services, Recent Developments)
8.1 DOW Elastomers
8.2 ExxonMobil Corporation
8.3 Firestone Building Products Company, LLC
8.4 Johns Manville, Inc.
8.5 Kumho Polychem Co., Ltd.
8.6 Lanxess AG
8.7 Lion Elastomers, LLC
8.8 Mitsui Chemicals
8.9 PetroChina Co. Ltd.
8.10 REDCO
8.11 SK Global Chemical Co. Ltd.
8.12 Versalis S.p.A.
8.13 Warco Biltrite
*(List Not Exhaustive)

9. Disclaimer
**Subject to Availability on Public Domain
Note: Product cover images may vary from those shown
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  • Carlisle Companies Inc.
  • DoW Elastomers
  • ExxonMobil Corporation
  • Firestone Building Products Company LLC
  • Johns Manville Inc.
  • JSR Corporation
  • Kumho Polychem Co. Ltd.
  • Lanxess AG
  • Lion Elastomers LLC
  • Mitsui Chemicals
  • OAO Nizhnekamskneftekhim
  • PetroChina Co. Ltd.
  • SK Global Chemical Co. Ltd.
  • Sumitomo Chemical Co. Ltd.
  • Versalis S.p.A.
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown