Ethylene Propylene Diene Monomer (EPDM) Market was valued at USD 5.1 Billion in 2022 and is projected to reach USD 8.2 Billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030.
Throughout this period, key factors such as rising automotive production, infrastructure development, and the increasing preference for eco-friendly materials contributed to the market’s upward trajectory. As the global construction industry expanded, particularly in emerging markets, the demand for EPDM-based roofing systems and other building materials increased. Additionally, the product's ability to withstand extreme weather conditions made it a preferred choice in outdoor applications, especially in regions with harsh climates. Looking ahead, from 2023 to 2033, the EPDM market is expected to experience steady growth, with forecasts predicting a continued rise in demand. The growing trend toward electric vehicles (EVs) is set to be a major driver, as EPDM's durability, heat resistance, and flexibility make it a key component in the development of new, energy-efficient vehicles. Furthermore, increased investments in green construction projects, coupled with rising awareness regarding sustainability, will bolster demand for EPDM-based materials, such as environmentally friendly roofing solutions. The market's future growth is also expected to be supported by the increasing adoption of EPDM in applications like solar panel seals and gaskets, which align with the global push toward renewable energy sources. Moreover, technological advancements in manufacturing processes are anticipated to lower production costs and improve product quality, creating further opportunities for EPDM adoption.
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The global Ethylene Propylene Diene Monomer (EPDM) market witnessed substantial growth from 2018 to 2022, driven by a surge in demand across industries such as automotive, construction, and electrical insulation. EPDM, a synthetic rubber known for its excellent resistance to heat, ozone, and aging, has been increasingly used in various applications, including roofing membranes, seals, and gaskets. From 2018 to 2022, the market was fueled by advancements in manufacturing technologies, growing industrial applications, and an uptick in the demand for high-performance materials. The automotive industry, in particular, benefited from EPDM’s role in sealing and weatherproofing applications.
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. 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 Ethylene Propylene Diene Monomer (EPDM) Market
Automotive Industry
Building & Construction
Wires & Cables
Other
Based on Types the Market is categorized into Below types that held the largest Ethylene Propylene Diene Monomer (EPDM) market share In 2023.
Solution Polymerization
Suspension Polymerization
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 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
Global
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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