Ethylene Propylene Diene Monomer (EPDM) Market

Ethylene Propylene Diene Monomer (EPDM) Market Size, Share, Growth Analysis, By Product(Hoses, Seals & O-Rings, Gaskets, Rubber Compounds), By Application(Building & Construction, Wires & Cables, Electrical & Electronics, Lubricant Additive), By Region(North America, Europe, Asia Pacific, Latin America) - Industry Forecast 2024-2031


Report ID: UCMIG15E2301 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Ethylene Propylene Diene Monomer (EPDM) Market Insights

Market Overview:

In 2021, the global ethylene propylene diene monomer (EPDM) market demonstrated significant growth, with an estimated value of USD 4.25 billion. This growth can be attributed to the increasing demand for EPDM in various industries such as automotive, construction, electrical, and roofing, owing to its excellent properties including weather resistance, thermal stability, and electrical insulation. The market expansion is driven by factors such as urbanization, infrastructure development, and the need for durable and high-performance materials, indicating a positive outlook for the EPDM market's future growth.

Ethylene Propylene Diene Monomer (EPDM) Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Specialty Chemicals by segment aggregation, the contribution of the Specialty Chemicals in Diversified Materials and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Ethylene Propylene Diene Monomer (EPDM) was estimated to be valued at US$ XX Mn in 2021.

The Ethylene Propylene Diene Monomer (EPDM) Market is estimated to grow at a CAGR of XX% by 2028.

The Ethylene Propylene Diene Monomer (EPDM) Market is segmented on the basis of Product, Application, Region.

Based on region, the Ethylene Propylene Diene Monomer (EPDM) Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Ethylene Propylene Diene Monomer (EPDM) Market are Dow, Inc., Exxon Mobil Corp., Firestone Building Products Company, LLC, ARLANXEO, Johns Manville, KUMHO POLYCHEM, Sumitomo Chemical Co., Ltd., Lion Elastomers, Mitsui Chemicals, Inc., PetroChina Company Ltd., Rubber Engineering & Development Company (REDCO), SK geo centric Co., Ltd., Versalis S.p.A., West American Rubber Company, LLC.

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Ethylene Propylene Diene Monomer (EPDM) Market

Report ID: UCMIG15E2301

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