EPDM Ethylene Propylene Diene Monomer Market was valued at USD 3.15 Billion in 2022 and is projected to reach USD 5.68 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The EPDM Ethylene Propylene Diene Monomer market reached a valuation of approximately $7.3 billion in 2022. The market demonstrated a robust compound annual growth rate (CAGR) of 6.1% from 2017 to 2022. This growth trajectory underscores a rising demand across various sectors, including automotive, construction, and industrial applications. The automotive segment, driven by the need for high-performance weather-resistant materials, significantly contributed to the market's expansion. Additionally, the growing emphasis on energy-efficient and durable materials in construction has further fueled the adoption of EPDM. As a result, the market is poised for sustained growth, driven by advancements in material science and increased applications in emerging sectors.
Opportunities within the EPDM market are increasingly evident, particularly in emerging economies where infrastructure development and automotive manufacturing are accelerating. Regions such as Asia-Pacific and Latin America are witnessing a surge in demand for EPDM products due to rapid industrialization and urbanization. The burgeoning automotive industry in these regions, coupled with increased construction activities, is expected to drive substantial growth. Moreover, advancements in EPDM formulations and the development of new applications are creating additional avenues for market expansion. As industries continue to seek cost-effective and high-performance materials, the EPDM market is well-positioned to leverage these opportunities and achieve significant growth in the coming years.
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Carlisle Companies Incrporated
Dow Elastomers
Exxonmobil Chemical Company
JSR Corporation
Johns Manville Incrporated
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)
Sumitomo Chemical Co.
Ltd
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global EPDM Ethylene Propylene Diene Monomer Market
Building & Construction
Plastic Modification
Tires & Tubes
Automotive
Wires & Cables
Lubricant Additives
Others
Based on Types the Market is categorized into Below types that held the largest EPDM Ethylene Propylene Diene Monomer market share In 2023.
Ziegler-Natta Catalyst Technology
Metallocene Catalyst Technology
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global EPDM Ethylene Propylene Diene Monomer Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global EPDM Ethylene Propylene Diene Monomer Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global EPDM Ethylene Propylene Diene Monomer Market, By Type
6. Global EPDM Ethylene Propylene Diene Monomer Market, By Application
7. Global EPDM Ethylene Propylene Diene Monomer Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global EPDM Ethylene Propylene Diene Monomer Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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