Global Ethylene Propylene Diene Monomer (EPDM) Market 2023-2029
According to the latest estimates, the global ethylene propylene diene monomer market is set to achieve an incremental growth of USD 1.5 billion, accelerating at a CAGR of almost 4
Ethylene propylene diene monomer (EPDM) is a synthetic rubber material that is widely used in a variety of applications due to its excellent weathering, heat, and chemical resistance. It is a copolymer of ethylene, propylene, and a small amount of a diene monomer. EPDM is commonly used in the automotive industry for weatherstripping, seals, and hoses due to its ability to withstand exposure to heat, ozone, and other environmental factors. It is also used in the construction industry for roofing membranes, as well as in electrical insulation and other industrial applications. EPDM is known for its excellent resistance to weathering, including UV radiation and extreme temperatures. It is also resistant to many chemicals, including acids, alkalis, and polar solvents. Additionally, EPDM has good electrical insulation properties and is resistant to water and steam. According to the latest estimates, the global ethylene propylene diene monomer market is set to achieve an incremental growth of USD 1.5 billion, accelerating at a CAGR of almost 4.1% during the forecast period 2023-2029.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global ethylene propylene diene monomer market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the application, and region. The global market for ethylene propylene diene monomer can be segmented by application: automotive, building and construction, electrical and electronics, oil additives, polymer modification, others. Among these, the automotive segment was accounted for the highest revenue generator in 2022. Ethylene propylene diene monomer market is further segmented by region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Asia-Pacific is estimated to account for the largest share of the global ethylene propylene diene monomer market.
Market Segmentation
By application: automotive, building and construction, electrical and electronics, oil additives, polymer modification, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The market research report covers the analysis of key stake holders of the global ethylene propylene diene monomer market. Some of the leading players profiled in the report include ARLANXEO Group, Bridgestone Corporation, Carlisle Companies Incorporated, DuPont de Nemours, Inc., Exxon Mobil Corporation, Kumho Polychem Co., Ltd., Lanxess AG, Lion Elastomers, LLC, Mitsui Chemicals, Inc., PJSC Nizhnekamskneftekhim, Saudi Basic Industries Corporation (SABIC), SK Innovation Co., Ltd., Sumitomo Corporation, Versalis S.p.A., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Manmayi Raval
Research Consultant
Scope of the Report
? To analyze and forecast the market size of the global ethylene propylene diene monomer market.
? To classify and forecast the global ethylene propylene diene monomer market based on application, region.
? To identify drivers and challenges for the global ethylene propylene diene monomer market.
? To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global ethylene propylene diene monomer market.
? To identify and analyze the profile of leading players operating in the global ethylene propylene diene monomer market.
Why Choose This Report
? Gain a reliable outlook of the global ethylene propylene diene monomer market forecasts from 2023 to 2029 across scenarios.
? Identify growth segments for investment.
? Stay ahead of competitors through company profiles and market data.
? The market estimate for ease of analysis across scenarios in Excel format.
? Strategy consulting and research support for three months.
? Print authentication provided for the single-user license.
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