The global demand for Ethylene Propylene Diene Monomer (Epdm) Rubber Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028. Whereas with regards to volume, the market was calculated XX KT in 2021 and foreseen to touch XX KT by 2028 with a CAGR of XX% during 2022-2028.
Ethylene propylene diene monomer or EPDM is a long-lasting synthetic rubber roofing membrane and is majorly used in low-slope buildings across the world. It comprises two primary ingredients, ethylene, and propylene, derived from natural gas and oil. They exhibit excellent compression set, electrical insulation, and low-temperature properties but has fair physical strength properties. EPDM is highly reliable for the purpose of sealing due to its excellent resistance to alkali, water, heat, steam, mild acidic and oxygenated solvents, sunlight, and ozone. EPDM is most commonly used in the construction and automotive industries for sealing purposes due to its high resistance to environmental factors.
Market Dynamics
The rise in EPDM usage for plastic modification applications is the primary factor driving the ethylene propylene diene monomer (EPDM) rubber market in the forecast time period. Also, widespread Domestic Consumption of EPDM in China and rising demand for Elastomers contribute to the ethylene propylene diene monomer (EPDM) rubber market's growth. The increasing adoption of EPDM as a substitute for Pvc and other thermoplastics in the automotive industry positively impacts the ethylene propylene diene monomer (EPDM) rubber market's growth. Moreover, the high demand for environmentally-friendly and premium products and focus on new high-value products are likely to generate profitable growth opportunities for key players of the ethylene propylene diene monomer (EPDM) rubber market in the future.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each segment in the global market of ethylene propylene diene monomer (epdm) rubber.
Market Segmentation
This section of the ethylene propylene diene monomer (epdm) rubber market report provides detailed data on the segments by analyzing them geographically, thereby assisting the strategist in identifying the target demographics for the respective product or service..
By Application
- Building & Construction
- Wires & Cables
- Electrical & Electronics
- Lubricant Additive
- Plastic Modifications
- Automotive
- Tires & Tubes
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for ethylene propylene diene monomer (epdm) rubber market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Ethylene Propylene Diene Monomer (EPDM) Rubber Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the ethylene propylene diene monomer (epdm) rubber market include The Dow Chemical Company, Lanxess AG, Sumitomo Chemical Co., Ltd., Lion Elastomers, LLC, Mitsui Chemicals, and Exxon Mobil Corporation.S. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.
