Global Ethylene Propylene Diene Rubber (EPDM) Market Growth 2023-2029

Global Ethylene Propylene Diene Rubber (EPDM) Market Growth 2023-2029

Product Code:450664

Published Date: Feb 08,2023

Pages: 109

Region: Global

Category: Chemical & Material

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Ethylene propylene diene monomer (EPDM) is a high-density rubber that is very durable. EPDM has some characteristics that make it especially suitable for gaskets, electrical insulation and lamination. EPDM can be finished to an extremely smooth surface. EPDM has great resistance to abrasives, tearing, solvents and high temperatures. EPDM has excellent flexibility at high and low temperatures.

LPI (LP Information)' newest research report, the “Ethylene Propylene Diene Rubber (EPDM) Industry Forecast” looks at past sales and reviews total world Ethylene Propylene Diene Rubber (EPDM) sales in 2022, providing a comprehensive analysis by region and market sector of projected Ethylene Propylene Diene Rubber (EPDM) sales for 2023 through 2029. With Ethylene Propylene Diene Rubber (EPDM) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ethylene Propylene Diene Rubber (EPDM) industry.

This Insight Report provides a comprehensive analysis of the global Ethylene Propylene Diene Rubber (EPDM) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ethylene Propylene Diene Rubber (EPDM) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ethylene Propylene Diene Rubber (EPDM) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ethylene Propylene Diene Rubber (EPDM) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ethylene Propylene Diene Rubber (EPDM).

The global Ethylene Propylene Diene Rubber (EPDM) market size is projected to grow from US$ 3738.9 million in 2022 to US$ 4472.8 million in 2029; it is expected to grow at a CAGR of 4472.8 from 2023 to 2029.

The industry concentration of EPDM is very high. Leading players in Ethylene Propylene Diene Monomer (EPDM) industry are Lanxess, ExxonMobil, DOW and JSR/Kumho. Lanxess is the largest manufacturer, with the production market share of 26%. The top four companies occupied about 65% production share of the market.

North America is the dominate producer of Ethylene Propylene Diene Monomer (EPDM), accounting for about 35% of the total amount, followed by Europe, with the production market share of 24%.

This report presents a comprehensive overview, market shares, and growth opportunities of Ethylene Propylene Diene Rubber (EPDM) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Solution Polymerization
    Suspension Polymerization

Segmentation by application
    Automotive Industry
    Building & Construction
    Wires & Cables
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Lanxess
    ExxonMobil
    DOW
    SK Chemical
    JSR/Kumho
    Sumitomo
    Lion Elastomers
    MITSUI
    PJSC Nizhnekamskneftekhim
    SABIC
    Eni (Polimeri Europa)
    SSME
    Jilin Xingyun Chemical

Key Questions Addressed in this Report
What is the 10-year outlook for the global Ethylene Propylene Diene Rubber (EPDM) market?
What factors are driving Ethylene Propylene Diene Rubber (EPDM) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Ethylene Propylene Diene Rubber (EPDM) market opportunities vary by end market size?
How does Ethylene Propylene Diene Rubber (EPDM) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?