Ethylene Propylene Diene Monomer (EPDM) Market size was valued at USD 8.5 Billion in 2024 and is forecasted to grow at a CAGR of 5.2% from 2026 to 2033, reaching USD 12.3 Billion by 2033.
The global Ethylene Propylene Diene Monomer (EPDM) market was valued at USD 6.14 billion in 2022 and is expected to witness a CAGR of 5.3% from 2023 to 2030. The markets growth is driven by the increasing demand for EPDM in various applications, such as automotive, construction, and electrical industries. The automotive sector, in particular, is a significant consumer of EPDM, with its usage in seals, gaskets, and weather stripping. Furthermore, the growing need for EPDM in the manufacturing of roofing membranes and industrial hoses is contributing to the market’s expansion. EPDMs excellent resistance to heat, ozone, and weathering makes it an ideal choice for outdoor and industrial applications, further fueling the demand for this material.
Regionally, North America dominated the EPDM market in 2022, accounting for over 35% of the total market share. The demand in North America is primarily driven by the expanding automotive industry and the increasing use of EPDM in construction and roofing applications. The Asia Pacific region is anticipated to witness the highest growth rate over the forecast period, with an expected CAGR of 6.1%. This growth is attributed to the rapid industrialization, urbanization, and rising automotive production in countries such as China and India. Europe is also a significant market, with the demand for EPDM driven by its use in automotive and industrial sectors, while the Middle East and Africa are expected to experience moderate growth due to expanding construction activities and infrastructure development projects.
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Lanxess
ExxonMobil
DowDuPont
SK Chemical
JSR/Kumho
Sumitomo
Lion Elastomers
MITSUI
PJSC Nizhnekamskneftekhim
SABIC
Eni (Polimeri Europa)
SSME
Jilin Xingyun Chemical
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. 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 Ethylene Propylene Diene Monomer (EPDM) Market
Oil-Extended EPDM
Ultra-High Molecular Weight EPDM
EPDM with Fillers
Automotive
Construction
Consumer Goods
Automotive Industry
Construction Industry
Electrical and Electronics
Industrial Machinery
Granules
Sheets
Liquid
Coatings
Heat Resistance
Ozone Resistance
Aging Stability
Weather Resistance
US (United States, US 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 Ethylene Propylene Diene Monomer (EPDM) 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 Ethylene Propylene Diene Monomer (EPDM) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Ethylene Propylene Diene Monomer (EPDM) Market, By Type
6. Global Ethylene Propylene Diene Monomer (EPDM) Market, By Application
7. Global Ethylene Propylene Diene Monomer (EPDM) Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Ethylene Propylene Diene Monomer (EPDM) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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