The global ethylene propylene diene monomer (EPDM) market size reached US$ 4.8 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 6.4 Billion by 2028, exhibiting a growth rate (CAGR) of 4.5% during 2023-2028.
Ethylene propylene diene monomer (EPDM) is a versatile synthetic rubber with unique performance properties. It is a copolymer of ethylene, propylene, and diene monomers and is manufactured through suspension, solution polymerization, or gas-phase polymerization processes. It is commonly used in belts, window and door seals, tubing, roofing membrane, non-slip coatings, radiator, drain tubes, and trunk seals. EPDM exhibits various properties, such as excellent aging, heat, chemical, ozone and weathering resistance, electrical insulation, compression set, and low operating temperatures. As compared to silicon, EPDM offers higher tear strength, durability, and greater bonding with metal, on account of which, it is widely used across the construction, automotive, manufacturing, electrical, and electronics industries.
2. What is the expected growth rate of the global ethylene propylene diene monomer (EPDM) market during 2023-2028?
3. What are the key factors driving the global ethylene propylene diene monomer (EPDM) market?
4. What has been the impact of COVID-19 on the global ethylene propylene diene monomer (EPDM) market?
5. What is the breakup of the global ethylene propylene diene monomer (EPDM) market based on the manufacturing process?
6. What is the breakup of the global ethylene propylene diene monomer (EPDM) market based on the application?
7. What are the key regions in the global ethylene propylene diene monomer (EPDM) market?
8. Who are the key players/companies in the global ethylene propylene diene monomer (EPDM) market?
Ethylene propylene diene monomer (EPDM) is a versatile synthetic rubber with unique performance properties. It is a copolymer of ethylene, propylene, and diene monomers and is manufactured through suspension, solution polymerization, or gas-phase polymerization processes. It is commonly used in belts, window and door seals, tubing, roofing membrane, non-slip coatings, radiator, drain tubes, and trunk seals. EPDM exhibits various properties, such as excellent aging, heat, chemical, ozone and weathering resistance, electrical insulation, compression set, and low operating temperatures. As compared to silicon, EPDM offers higher tear strength, durability, and greater bonding with metal, on account of which, it is widely used across the construction, automotive, manufacturing, electrical, and electronics industries.
Global EPDM (Ethylene Propylene Diene Monomer) Market Trends:
Significant growth in the automotive industry across the globe is creating a positive outlook for the market. EPDM is widely used in cable jacketing, suspension bellows, plugs, molded seals, tubing, and air ducts. Additionally, the increasing product utilization in construction and building applications, such as roofing solutions, basements, swimming pools, and podium decks due to their high flexibility and cost-effectiveness, is favoring the market growth. Various product innovations, such as the introduction of bio-based EPDM, that offer temperature flexibility, adhesion to metal, and oil resistance are providing an impetus to the market growth. This, in turn, is assisting sectors in reducing carbon footprint, which is acting as another growth-inducing factor. Furthermore, the increasing product utilization in heating, ventilation, and air conditioning (HVAC) applications, owing to its high electrical insulation and resistance against water and heat, is positively impacting the market growth. Apart from this, rising consumer expenditure capacities and extensive research and development (R&D) activities are anticipated to drive the market further toward growth.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global EPDM (Ethylene Propylene Diene Monomer) market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on manufacturing process, sales channel and application.Breakup by Manufacturing Process:
- Solution Polymerization Process
- Slurry and Suspension Process
- Gas-Phase Polymerization Process
Breakup by Sales Channel:
- Direct Sales
- Indirect Sales
Breakup by Application:
- Automotive
- Building and Construction
- Manufacturing
- Electrical and Electronics
- Others
Breakup by Region:
North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Arlanxeo, Carlisle Companies Incorporated, Dow Inc., Exxon Mobil Corporation, Firestone Building Products (Holcim Group), Jilin Xingyun Chemical Co. Ltd., Johns Manville (Berkshire Hathaway Inc.), Kumho Polychem (Kumho Petrochemical Co. Ltd), Lion Elastomers, Mitsui Chemicals Inc. and West American Rubber Company LLC.Key Questions Answered in This Report
1. What was the size of the global ethylene propylene diene monomer (EPDM) market in 2022?2. What is the expected growth rate of the global ethylene propylene diene monomer (EPDM) market during 2023-2028?
3. What are the key factors driving the global ethylene propylene diene monomer (EPDM) market?
4. What has been the impact of COVID-19 on the global ethylene propylene diene monomer (EPDM) market?
5. What is the breakup of the global ethylene propylene diene monomer (EPDM) market based on the manufacturing process?
6. What is the breakup of the global ethylene propylene diene monomer (EPDM) market based on the application?
7. What are the key regions in the global ethylene propylene diene monomer (EPDM) market?
8. Who are the key players/companies in the global ethylene propylene diene monomer (EPDM) market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Ethylene Propylene Diene Monomer (EPDM) Market
6 Market Breakup by Manufacturing Process
7 Market Breakup by Sales Channel
8 Market Breakup by Application
9 Market Breakup by Region
10 SWOT Analysis
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Arlanxeo
- Carlisle Companies Incorporated
- Dow Inc.
- Exxon Mobil Corporation
- Firestone Building Products (Holcim Group)
- Jilin Xingyun Chemical Co. Ltd.
- Johns Manville (Berkshire Hathaway Inc.)
- Kumho Polychem (Kumho Petrochemical Co. Ltd)
- Lion Elastomers
- Mitsui Chemicals Inc.
- West American Rubber Company LLC.
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 138 |
| Published | June 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 4.8 Billion |
| Forecasted Market Value ( USD | $ 6.4 Billion |
| Compound Annual Growth Rate | 4.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
