Global EPDM And SSBR Market was valued at GlobalD 1.8 Billion in 2022 and is projected to reach GlobalD 2.5 Billion by 2030, growing at a CAGR of 4.5% from 2024 to 2030.
The global EPDM (Ethylene Propylene Diene Monomer) and SSBR (Solution Styrene-Butadiene Rubber) markets have witnessed significant growth driven by their extensive applications in varioGlobal indGlobaltries, including automotive, construction, and consumer goods. EPDM's versatility in providing weather resistance, ozone stability, and excellent performance in automotive seals, gaskets, and roofing materials is driving its demand. Meanwhile, SSBR, known for its superior performance in tires due to improved wet traction, reduced rolling resistance, and durability, continues to gain traction in the automotive sector. The increasing need for high-performance materials in manufacturing and production processes has spurred innovations in both EPDM and SSBR, with a focGlobal on enhancing material properties such as strength and temperature stability. This trend is anticipated to propel the market size further as indGlobaltries pGlobalh for more advanced and efficient materials for their applications.
The market for EPDM and SSBR is also shaped by several emerging opportunities, particularly in the Asia-Pacific region, which is witnessing rapid indGlobaltrialization and expansion in automotive production. The growing demand for electric vehicles (EVs) and their associated components offers new avenues for EPDM and SSBR growth, especially in tire manufacturing and automotive seals. Environmental sGlobaltainability is another key driver, with both materials being increasingly utilized in applications requiring durability and energy efficiency. Additionally, ongoing research and development are likely to enhance the overall performance of EPDM and SSBR, opening up new Globales in high-tech indGlobaltries, such as electronics and renewable energy. The competitive landscape in these markets is expected to grow more dynamic as manufacturers focGlobal on cost-effective production, sGlobaltainable materials, and expanding production capacities to meet global demand.
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Kumhopolychem
Mitsui Chemical
Sumitomo Chemical
SK Global Chemical
NizhnekamskNeftekhim Inc
China Petro (Jilin)
Firestone
Goodyear
Asahi Kase
DOW
Michelin
Sumitomo
Sibur
JSR
Dynasol
Goodyear
Polimeri Europa
ZEON
Kumho Petrochemical
Chi Mei
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By the year 2030, the scale for growth in the market research indGlobaltry 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 indGlobaltry 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 cGlobaltomization, 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 Gloabl EPDM And SSBR Market
Automotive
Aerospace
Construction
Medical Devices
Electrical and Electronics
IndGlobaltrial Components
Sheets
Rolls
Gaskets
Molding Compounds
Coatings
Adhesives
Consumer Goods
Healthcare
Transportation
Manufacturing
Energy
Telecommunications
ExtrGlobalion
Molding
Calendering
Blending
Casting
Injection Molding
Commercial Grade
Specialty Grade
High-performance Grade
Reinforced Grade
Blended Grade
Eco-friendly Grade
Global (Global, Global and Mexico)
Europe (Germany, UK, France, Italy, RGlobalsia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, AGlobaltralia, 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 Gloabl EPDM And SSBR 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. Gloabl EPDM And SSBR Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Gloabl EPDM And SSBR Market, By Type
6. Gloabl EPDM And SSBR Market, By Application
7. Gloabl EPDM And SSBR Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Gloabl EPDM And SSBR Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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