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.
The global Ethylene Propylene Diene Monomer (EPDM) market was valued at approximately USD 6.2 billion in 2022, with a projected compound annual growth rate (CAGR) of around 5.3% from 2023 to 2030. This growth is primarily driven by the increasing demand for EPDM in automotive applications, construction, and industrial sectors due to its superior properties such as weather resistance and flexibility. The automotive sector, which utilizes EPDM for sealing, weather stripping, and other components, represents a significant portion of the market. Additionally, the construction industry leverages EPDM for roofing membranes and other applications, contributing to the market's expansion.
Opportunity analysis indicates robust potential in emerging markets where industrialization and infrastructure development are accelerating. Regions such as Asia-Pacific are experiencing heightened demand for EPDM driven by rapid urbanization and growing automotive production. The rising emphasis on energy-efficient and sustainable materials is also spurring interest in EPDM, particularly in applications that require high durability and resistance to environmental factors. As these emerging markets continue to evolve, the EPDM industry is expected to benefit from increased adoption and innovation, further enhancing market prospects.
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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. 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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