EPDM Sponge Rubber Cord Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 1.9 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The global EPDM sponge rubber cord market was valued at approximately USD 1.2 billion in 2022. With a compound annual growth rate (CAGR) of 5.8%, the market is projected to reach around USD 1.8 billion by 2027. This growth is driven by increasing demand from automotive, construction, and industrial sectors where EPDM sponge rubber cords are used for sealing, vibration isolation, and insulation purposes. The versatility and resilience of EPDM sponge rubber make it an attractive option for applications requiring high performance in varying temperatures and environmental conditions.
Emerging markets present significant opportunities for growth in the EPDM sponge rubber cord industry. Countries in Asia-Pacific, particularly India and China, are experiencing rapid industrialization and infrastructural development, leading to heightened demand for sealing and insulation materials. Additionally, the growing focus on sustainability and energy efficiency in these regions is expected to bolster the adoption of EPDM sponge rubber cords. As these markets continue to expand, they offer promising prospects for industry players looking to capitalize on rising construction and automotive production activities.
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Accurate Rubber Corporation
Delta Rubber Limited
Polymax UK
Ramsay Rubber
GTeek
The Rubber Company
Associated Gaskets
PAR Group
ARIS Performance Silicones
MVRubber
OMIT Rubber
Rugaval Rubber Sdn Bhd
Victor Rubber Works
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 EPDM Sponge Rubber Cord Market
Architecture
Automobile
Ship
Aerospace
Others
Based on Types the Market is categorized into Below types that held the largest EPDM Sponge Rubber Cord market share In 2023.
Solid EPDM Sponge Rubber Cord
Hollow EPDM Sponge Rubber Cord
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 EPDM Sponge Rubber Cord 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 EPDM Sponge Rubber Cord Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global EPDM Sponge Rubber Cord Market, By Type
6. Global EPDM Sponge Rubber Cord Market, By Application
7. Global EPDM Sponge Rubber Cord Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global EPDM Sponge Rubber Cord Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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