Ethylidene norbornene (CAS 16219-75-3) Market Key Data Points Mapped Including Top Key Players, Industry Scenario, Strategies, and Growth Factors for the Forecast Period Up to 2030

The global ethylidene norbornene market in 2020 was approximately USD 580 Million. The market is expected to grow at a CAGR of 6.8% and is anticipated to reach around USD 750 Million by 2025. The growth in the market size is expected to be driven by the increasing demand from end user industries and advancement of innovative technologies will drive the market for ethylidene norbornene.

Ethylidene norbornene is an uncolored fluid intermediate monomer with a smell of turpentine. Ethylidene norbornene is utilized in the manufacture of ethylene-propylene diene monomer (EPDM) elastomers which are used in the production of synthetic rubber (EPDM rubber). Ethylene-propylene diene monomer rubber is used in several applications such as food containers, automotive vehicles and electrical & electronic equipment. Exceptional properties of ethylidene norbornene are fueling its application in industries such as electrical & electronics, construction, automotive and fragrance.

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Ethylidene norbornene have robust chemical and mechanical properties such as rapid curing, high tensile strength and high wear & weather resistance. Therefore, ethylidene norbornene is used in different industry verticals such as automotive, electrical & electronics, and building & construction which foster the market. Escalating demand for ethylidene norbornene in automotive and construction industries is estimated to enhance the ethylidene norbornene market. However, the price fluctuations in raw materials are likely to hinder the market.

The major players in this market are:

 CHEMOS GmbH & Co. KG, Ningbo Titan Unichem Co., Ltd, Dow Chemical, INEOS Oxide, Crescent Chemical Company and Others

The market for ethylidene norbornene is intensely competitive and is highly fragmented. The vendors in the aluminum pigments market compete based on product portfolio, product differentiation, applications, and the pricing of products. The rise in technological innovations in designing the products for better quality, ease of use and better performance is expected to continue to intensify the level of competition among the companies to expand their product portfolios by incorporating innovative features, into their products. In addition, the market is expected to be highly competitive over the years with increased number of new players.

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