Press release
Global Ethylene Propylene Diene Rubber (EPDM) Market Expected to Witness a Sustainable Growth over 2023
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.
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Global Ethylene Propylene Diene Rubber (EPDM) Market: Forecast by Type / Application / Region
North America is the dominate producer of Ethylene Propylene Diene Monomer (EPDM), the production was 463 K MT in 2016, accounting for about 35.13% of the total amount, followed by Europe, with the production market share of 24.10%. China has the highest production growth rate of 69.82% from 2011 to 2016. a huge space for growth in the Chinese market exists, the quality and technology should be further improved.
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 26.54% in 2016. The top four companies occupied about 65.64% production share of the market in 2016.
Under the influence of raw material, market competitions and economic conditions, the price of Ethylene Propylene Diene Monomer (EPDM) fluctuate from 2017 to 2023. In the next few years, we predict that price will maintain a decline trend. As competition intensifies, prices gap between different brands will go narrowing.
Over the next five years, LPI(LP Information) projects that Ethylene Propylene Diene Rubber (EPDM) will register a 2.7% CAGR in terms of revenue, reach US$ 3940 million by 2023, from US$ 3360 million in 2017.
Global Ethylene Propylene Diene Rubber (EPDM) Market: Key Players
Lanxess
ExxonMobil
DOW
SK Chemical
JSR/Kumho
Sumitomo
Lion Elastomers
MITSUI
PJSC Nizhnekamskneftekhim
SABIC
Eni (Polimeri Europa)
SSME
Jilin Xingyun Chemical
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Related Information:
United States Ethylene Propylene Diene Rubber (EPDM) Market Research Report 2018
Europe Ethylene Propylene Diene Rubber (EPDM) Market Research Report 2018
North America Ethylene Propylene Diene Rubber (EPDM) Market Research Report 2018
Asia-Pacific Ethylene Propylene Diene Rubber (EPDM) Market Research Report 2018
China Ethylene Propylene Diene Rubber (EPDM) Market Research Report 2018
EMEA Ethylene Propylene Diene Rubber (EPDM) Market Research Report 2018
Global Ethylene Propylene Diene Rubber (EPDM) Market Research Report 2018
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𝐄𝐏𝐃𝐌 𝐑𝐮𝐛𝐛𝐞𝐫 𝐏𝐫𝐢𝐜𝐞𝐬 𝐢𝐧 𝐔𝐒𝐀
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