South Korea EPDM Ethylene Propylene Diene Monomer Market was valued at USD 0.25 Billion in 2022 and is projected to reach USD 0.45 Billion by 2030, growing at a CAGR of 7.2% from 2024 to 2030.
The South Korea EPDM Building Profiles Market is experiencing a surge in demand due to the growing need for durable, high-performance building materials. EPDM (Ethylene Propylene Diene Monomer) has become a preferred choice for building profiles due to its exceptional resistance to weathering, UV degradation, and high temperatures, making it ideal for construction projects in varying environmental conditions. As industries strive to meet sustainability goals and adhere to rigorous building codes, EPDM has proven to be a reliable solution.
One of the primary applications of EPDM building profiles is in roofing systems. With the increasing emphasis on energy-efficient buildings, EPDM’s ability to offer excellent thermal insulation properties has made it a top choice for commercial and residential roofing. Its resistance to water and air permeability ensures that buildings remain weather-tight, further contributing to the market’s growth. Additionally, EPDM’s flexibility allows it to be used in a variety of architectural designs, offering both functionality and aesthetic appeal.
Another significant area where EPDM building profiles are gaining traction is in the automotive industry. EPDM is used in manufacturing seals and gaskets for automotive parts due to its superior resistance to environmental stress, chemicals, and oils. This makes it an indispensable material in ensuring the longevity and performance of vehicles. Moreover, the increasing demand for electric vehicles (EVs) has further accelerated the requirement for EPDM in various components of EVs, contributing to market expansion.
Industries such as construction and automotive are not the only sectors benefiting from EPDM’s versatility. The demand for EPDM building profiles is also driven by its use in flooring, windows, and door seals. These components help in noise reduction, enhance thermal insulation, and improve overall energy efficiency in buildings. The material’s exceptional durability and low maintenance requirement further make it an attractive choice for these applications.
The South Korea EPDM Building Profiles Market is expected to continue growing as industries seek cost-effective and sustainable alternatives to traditional building materials. The demand for energy-efficient and durable building materials, especially in the wake of increased environmental awareness, is likely to drive further advancements and innovation in the EPDM sector, ensuring its dominance in the building profiles market.
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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
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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 South Korea EPDM Ethylene Propylene Diene Monomer Market
EPDM Rubber
EPDM Injection-Molded Products
EPDM Blends
EPDM Compounds
Automotive Industry
Construction
Electrical and Electronics
Consumer Goods
Building and Construction
Automotive
Aerospace
Marine
Telecommunications
Sheets and Membranes
Extrusions
Gaskets
O-rings
Other Custom Shapes
Direct Sales
Distributors and Wholesalers
Online Sales
Retail Sales
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
For More Information or Query, Visit @ South Korea EPDM Ethylene Propylene Diene Monomer Market Research Analysis
1. Introduction of the South Korea 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. South Korea EPDM Ethylene Propylene Diene Monomer Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea EPDM Ethylene Propylene Diene Monomer Market, By Type
6. South Korea EPDM Ethylene Propylene Diene Monomer Market, By Application
7. South Korea EPDM Ethylene Propylene Diene Monomer Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea EPDM Ethylene Propylene Diene Monomer Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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