EPDM Market – Global Industry Analysis and Forecast ,by Application, by Regions 2023-2029

EPDM Market CAGR is expected to be 10.54% during the forecast period and the market size is expected to reach nearly US$ 4.85 Bn. by 2029.

The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.To know about the Research Methodology :- Request Free Sample Report

Ethylene Propylene Diene Monomer (EPDM) a type of synthetic rubber, is an elastomer characterized by a wide range of applications. EPDM has some unique characteristics, such as high weather resistance, heat resistance, and vibration absorption, which makes it suitable for different applications in the automotive industry.

It is widely used in automotive parts, such as hoses, weather-stripping, brake parts, windshield wipers, brake parts, windshield wipers, body sealing, tubing, radiator, belts, engine mounts, roofing membrane, weather-stripping, thermoplastic vulcanizates, and motor oil additive applications. Further, it is used in mechanical goods for under-hood applications.

One of the major drivers for this market is the growing demand for synthetic rubber in automotive industries and constructions. In addition, the increasing construction activities are likely to drive the EPDM market.
The fluctuation of the raw material prices is the main restraint in the EPDM market, which will influence the demand-supply situation.

Asia-Pacific is expected to remain the largest regional market till 2027 with high investments in applications such as automotive, plastic modification, and building & construction industry in India, China, Japan, Thailand, and South Korea.

North America has relatively mature economic conditions. Due to the environmental issues in Germany, many industries like automobiles and plastic choose to use innovative EPDM, which leads to further increase in the EPDM market in the European region.

The key companies profiled in Global Acrylic Esters Market Report are Carlisle Companies Incorporated, Dow Elastomers, Exxonmobil Chemical Company, JSR Corporation, Johns Manville Incorporated, Kumho Polychem Co. Ltd., Lanxess AG, Lion Copolymer Llc., Mitsui Chemicals Inc, OAO Nizhnekamskneftekhim, Petrochina Co. Ltd., SK Global Chemical Co. Ltd., Versalis (Polymer Europa Spa) and Sumitomo Chemical Co., Ltd.

The report covers the total market for EPDM has been analyzed based on the Porter's five forces model. The impact of the different market factors, such as drivers, restraints, and opportunities, challenges, key issues, SWOT analysis, and technology forecasting is also illustrated in the report. This gives an idea about the key drivers, such as high growth and demand in emerging economies countries.
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EPDM Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 2.40 Bn.


Forecast Period 2023 to 2029 CAGR:
10.54%
Market Size in 2029:
US $ 4.85 Bn.


 Segments Covered:
by Application
Automotive
Building & construction
Tires and Tubes
Wires & Cables
Lubricant Additives


by Product type
Hoses
Seals & O-Rings
Gaskets
Rubber Compounds
Roofing Membranes
Connectors and insulators
Weather Stripping
Others


by Manufacturing Process
Solution Polymerization Process
Slurry/Suspension Process
Gas-phase Polymerization Process


by Sales Channel
Direct sales
Indirect sale



EPDM Market, by Region
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
North America (United States, Canada and Mexico)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Key Players:
1. Carlisle Companies Incorporated
2. Dow Elastomers
3. Exxonmobil Chemical Company
4. JSR Corporation
5. Johns Manville Incorporated
6. Kumho Polychem Co. Ltd.
7. Lanxess AG
8. Lion Copolymer Llc.
9. Mitsui Chemicals Inc
10. OAO Nizhnekamskneftekhim
11. Firestone Building Products Company
12. Petrochina Co. Ltd.
13. SK Global Chemical Co. Ltd.
14. Versalis (Polymer Europa Spa)
15. Sumitomo Chemical Co., Ltd.

Frequently Asked Questions:

1. Which region has the largest share in Global EPDM Market?
Ans: Asia Pacific region held the highest share in 2022.

2. What is the growth rate of Global EPDM Market?
Ans: The Global EPDM Market is growing at a CAGR of 10.54% during forecasting period 2023-2029.

3. What is scope of the Global EPDM market report?
Ans: Global EPDM Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global EPDM market?
Ans: The important key players in the Global EPDM Market are – Carlisle Companies Incorporated, Dow Elastomers, Exxonmobil Chemical Company, JSR Corporation, Johns Manville Incorporated, Kumho Polychem Co. Ltd., Lanxess AG, Lion Copolymer Llc., Mitsui Chemicals Inc, OAO Nizhnekamskneftekhim, Firestone Building Products Company, Petrochina Co. Ltd., SK Global Chemical Co. Ltd., Versalis (Polymer Europa Spa), Sumitomo Chemical Co., Ltd., and

5. What is the study period of this market?
Ans: The Global EPDM Market is studied from 2022 to 2029.