Reports and Data estimates the global Ethylene Propylene Diene Monomer (EPDM) competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global Ethylene Propylene Diene Monomer (EPDM) during the forecast period.
The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include Exxon Mobil Corporation, SABIC, LANXESS AG, The Dow Chemical Company, Carlisle Companies Inc., SK Global Chemical Co. Ltd., JSR Corporation, Lion Elastomers, Firestone Building Products Company, and Mitsui Chemicals Inc., among others.
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Ethylene Propylene Diene Monomer (EPDM) Overview :-
The global ethylene propylene diene monomer market is forecast to grow at a rate of 6.7% in terms of value, from 2020 to reach USD 8,174.8 Million by 2028, according to a new report by Reports and Data. Ethylene Propylene Diene Monomers is a high-density synthetic rubber that is quite versatile with an ability to withstand high temperatures. This property of it makes it applicable in industrial, automotive, and several other industries. EPDM is often used for O-Rings, Grommets, and Seals, because of its resistant properties against acids, weathering, and Alkali’s. EPDM’s key properties include flame retardant, strong acid, and Alkali resistance, high-temperature resistance up to 215-degree Celsius, cost-effective to manufacture, excellent weathering properties, and tensile range of 500-2500 P.S.I.
High prices and fluctuating supply of petroleum and rubber raw material are propelling the demand for renewable feedstock to produce EPDM rubber. Bio-based raw materials such as glycerin and sugar are replacing the traditional feedstock such as butadiene and isoprene. This has helped manufacturers to reduce greenhouse emission and gain sustainability. The growing investments in construction around the globe due to fast pace urbanization and industrialization, as well as favorable government policies associated with it, are boosting the market demand. The increasing adoption of smart and green cities are also expected to provide lucrative growth opportunities for the market.
Key Coverage of the Report
- Region and country wise statistics of the global ethylene propylene diene monomer market from the period 2020-2028. While 2016 & 2017 have been utilized as historical data, 2018 is considered the base year. 2020-2028 have been derived as forecasts.
- Estimation of the market size along with historical and forecasted trend analysis.
- Various technologies available for the market have been analyzed. Statistical analysis has been conducted on obtaining the individual share of these segments.
- Share of application, including seals and gaskets, tires and tubes, weather-stripping, wire & cable, electric insulation, roofing membranes, oil additives, and radiators, have been estimated.
- Regional up-coming research and application outlook.
- Regional prevalence of ethylene propylene diene monomer has been mapped.
- Demand and Supply GAP Analysis
- Regional Competitors Pricing Strategy
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments.
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For the purpose of this report Reports and Data has segmented global Ethylene Propylene Diene Monomer (EPDM) market on the basis of type, application, and region:
Type Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2020-2028)
- Solution Polymerization
- Suspension Polymerization
Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2020-2028)
- Seals and Gaskets
- Tires and Tubes
- Weather-Stripping
- Wire & Cable
- Electric Insulation
- Roofing Membranes
- Oil Additives
- Radiators
End-User Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2020-2028)
- Automotive
- Aerospace and Defense
- Consumer goods
- Building and Construction
- Medical
- Electronic and Electrical
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
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Key Questions answered by the Report:
- What is the expected year-on-year growth of the Ethylene Propylene Diene Monomer (EPDM) during the forecast period?
- What key trends are expected influence revenue growth of the market going ahead?
- Which region is expected to account for largest revenue share over the forecast period?
- Which key companies are profiled in the report?
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About Reports and Data
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