ETHYLENE PROPYLENE DIENE MONOMER (EPDM) MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Ethylene propylene diene monomer (EPDM) is a type of synthetic rubber that provides high tensile strength, flexibility, and resistance to degradation from sunlight, ozone, and heat. It is created by copolymerization of ethylene, propylene, and a small amount of non-conjugated diene monomers. EPDM possesses good chemical resistance to oxidation, weathering, and oils at elevated temperatures. Due to its excellent resilience at temperatures ranging from -50°C to 150°C, it is commonly used in various applications such as wire and cable insulation, automotive applications, roofing membranes, and hoses and belts. EPDM enables down-gauging of components due to its high strength, flexibility, and durability.

Market Dynamics:

The global EPDM market is primarily driven by the growing demand from the automotive industry. EPDM finds wide usage in automotive gaskets, hoses, belts, brake parts, and other rubber components owing to its durable properties. Increasing vehicle production around the world is positively impacting the market growth. Furthermore, EPDM is extensively adopted for wire and cable insulation as it demonstrates good dielectric properties as well as resistance to corona, ozone cracking, and weathering even at elevated temperatures. Rising investments in power sector are driving its demand. Growing infrastructure activities worldwide are augmenting the consumption of EPDM in the construction industry for various applications such as roofing membranes, waterproofing sheets, and linings. However, the availability of substitute products and fluctuating raw material prices remain longstanding challenges for the market. Technological advancements in production techniques are expected to create new opportunities over the coming years.

Key Features of the Study:

• This report provides in-depth analysis of the global EPDM market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global EPDM market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Dow, ARLANXEO, Exxon Mobil Corporation, KUMHO POLYCHEM, Versalis S.p.A., ENEOS Materials Corporation, Jilin Xingyun Chemical Co., Ltd., Johns Manville, Lion Elastomers, Mitsui Chemicals, Inc., PetroChina Company Limited, SK Global Co., Ltd., Carlisle Companies Incorporated, SABIC, Hexpol Compounding, Kraton Corporation, LG Chem, and Trelleborg AB
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global EPDM market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global EPDM market

Detailed Segmentation:

•  Product Form Insights (Revenue, USD Bn, 2019 - 2031)
• • Sheets
  • Molded Products
  • Others
•  Application Insights (Revenue, USD Bn, 2019 - 2031)
• • Automotive & Transportation
  • Building & Construction
  • Industrial Machinery
  • Wires & Cables
  • Others
• Regional Insights (Revenue, USD Bn, 2019 - 2031)
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East
    • GCC Countries
    • Israel
    • Rest of Middle East
  • Africa
    • South Africa
    • North Africa
    • Central Africa
• Key Players Insights
  • Dow
  • ARLANXEO
  • Exxon Mobil Corporation
  • KUMHO POLYCHEM
  • Versalis S.p.A.
  • ENEOS Materials Corporation
  • Jilin Xingyun Chemical Co., Ltd.
  • Johns Manville
  • Lion Elastomers
  • Mitsui Chemicals, Inc.
  • PetroChina Company Limited
  • SK Global Co., Ltd.
  • Carlisle Companies Incorporated
  • SABIC
  • Hexpol Compounding
  • Kraton Corporation
  • LG Chem
  • Trelleborg AB