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Ethylene Propylene (EPDM) Market Size and Overview 2021, Industry Share, Key Developments, Growth Factors Report To 2030
Ethylene Propylene (EPDM) Market
The ethylene propylene market report describes and explains the global ethylene propylene market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The ethylene propylene market consists of sales of ethylene propylene and related services. Ethylene propylene is a type of synthetic rubber formed as a terpolymer of ethylene, propylene, and a diene-component. It is resistant to heat and electricity and is non-reactive towards acids and alkali compounds. Industrial applications include weather-stripping and seals, glass-run channels, radiators, garden and appliance hoses, tubing, belts, electrical insulation, roofing membranes, rubber mechanical goods, plastic impact modification, thermoplastic vulcanizates and motor oil additive applications.
The global ethylene propylene (EPDM) market is expected to grow from $7.62 billion in 2020 to $9.52 billion in 2021 at a compound annual growth rate (CAGR) of 24.9%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $11.9 billion in 2025 at a CAGR of 6%.
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Some of the major players of ethylene propylene market are The Dow Chemical Company, Exxon Mobil Corporation, Johns Manville, Inc., KUMHO POLYCHEM, Lanxess AG, Lion Elastomers, LLC, Mitsui Chemicals, Inc., SK Global Chemical Co., Ltd., Sumitomo Chemical Co., Ltd., Versalis S.p.A., JSR Corporation, SABIC, Eni (Polimeri Europa), SSME , Jilin Xingyun Chemical, Lion Copolymer LLC, PetroChina Company Limited, PJSC Nizhnekamskneftekhim, BASF SE (Germany), China Petroleum and Chemical Corporation (China) , PolyOne Corporation (The U.S.), Carlisle Companies Inc., OAO Nizhnekamskneftekhim, Rubber Engineering & Development Company (REDCO), Firestone Building Products Company, LLC, Warco Biltrite.
The countries covered in the ethylene propylene market report are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, Australia.
The regions covered in the ethylene propylene market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global ethylene propylene market is segmented –
1) By Product Type: Solution Polymerization, Suspension Polymerization
2) By Application: Automotive, Building & Construction, Plastic Modification, Lubricant Additive, Wires & Cables, Tires & Tubes
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Few Points From Table Of Content
1. Executive Summary
2. Ethylene Propylene Market Characteristics
3. Ethylene Propylene Market Trends And Strategies
4. Impact Of COVID-19 On Ethylene Propylene
5. Ethylene Propylene Market Size And Growth
....
26. Africa Ethylene Propylene Market
27. Ethylene Propylene Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Ethylene Propylene Market
29. Ethylene Propylene Market Future Outlook and Potential Analysis
30. Appendix
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