EPDM Roofing Market Key Regions, Company Profile, Opportunity and Challenge 2027 - Soprema Group, Sika, Johns Manville, Firestone

The “EPDM Roofing” report provides details on the latest recent developments, trade regulations, import-export analysis, analysis of production, value chain optimization, market share, impact of players on the national and localized market, analysis of opportunities in terms of emerging income pockets, changes in market regulations, strategic analysis of the market growth, market size, market growth of categories, application and domain niches, product approvals, product launches, geographic expansions, technological innovations in the market.

“The EPDM Roofing Market is predicted to register a CAGR of 7.95% over the forecast period 2021 – 2027.”

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Key Competitors of the EPDM Roofing market is: Soprema Group, Sika, Johns Manville, Firestone, Carlisle, CKS, Versico?, FiberTite, Polyglass

Market Overview

Over the medium term, the major factor driving the growth of the market studied is the rising construction sector across the globe primarily in developing nations. On the flip side, the decline in the automotive industry is expected to hinder the growth of the market studied.
The automotive segment dominated the market with a significant share. However, the segment is expected to witness a slow growth rate during the forecast period.

This report Provides intelligent marketing research for smarter decision-making and resource investment estimation. The report discusses these elements and describes the main players that are expected to extend the demand for the EPDM Roofing market within the upcoming years.

EPDM Roofing market report introduces some features and provides a basic view of the most players. In this report provides a comprehensive and in-depth review of the market. The players are likewise presenting newer product varieties within the market to reinforce the merchandise portfolio by embracing the new innovation and completing it in their business.

The EPDM Roofing market is often split supported product types, major applications, and important countries as follows:

Major Types covered are:

45 mils

60 mils

90 mils

Major Applications covered are:

Commercial and Industrial

Residential

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Key Market Trends

Construction Segment to witness Lucrative Growth

Automotive Segment is the largest market for EPDM, however the recent decline in the automotive industry across the globe is expected to act as an opportunity for EPDM in the construction sector.
Various features of EPDM, such as its superior resistivity toward heat and cold, UV resistivity, low life-cycle costs, high flexibility, and elongation in any climate have increased its usage in roofing solutions. It is also used in basements, podium decks, sloping and slabs, swimming pools, etc.

Regional market EPDM Roofing (regional production, demand and forecast by country):

Asia-Pacific Region to Dominate the Market

Asia-Pacific dominated the market with a share and is likely to continue its dominance during the forecast period. Asia-Pacific being a hub for both automotive and construction industries across the globe is the major region driving the demand for EPDM.
The Chinese automotive manufacturing industry is the largest in the world, with a production share of just over 28% in 2019. The industry witnessed a slowdown in 2018, wherein production and sales declined. A similar trend continued in 2019, with the production declining to 25.7 million vehicles, which was a reduction by about 7.5% year-on-year.

North America (United States, Canada, Mexico)

South America (Brazil, Argentina, Ecuador, Chile)

Asia Pacific (China, Japan, India, Korea)

Europe (Germany, UK, France, Italy)

Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And more.

The inquire approximately record considers the past, display, and destiny execution of the global market. The record advances investigations the display aggressive situation, most important trade models, and consequently the possibly headways in services with the aid of using crucial gamers inside the upcoming years.

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Recent Developments

In May 2021, Kumho Petrochemical announced its decision to acquire 50% of the Kumho Polychem shares held by its joint venture partner, JSR Corporation.
In April 2021, LafargeHolcim announces that its Holcim Participations (US) Inc. subsidiary has successfully completed the acquisition of Firestone Building Products, following all regulatory approvals.
In March 2020, SK Global Chemicals announced the closure of a 35,000 tons per annum EPDM plant at Ulson in South Korea. As a result of the closure, the company is also planning to reduce ethylene production from 870,000 tons to 670,000 tons.

Report Features:

To project the worth and sales volume of the EPDM Roofing market, with reference to key regions.
To analyses competitive developments like expansions, agreements, new product launches, and acquisitions within the market.
To study and analyses the global EPDM Roofing market size (value & volume) by company, key regions, products, and end-user, breakdown data from The Last Five Years, and forecast to 2027.
to know the structure of the EPDM Roofing market by identifying its various sub-segments.
To percentage targeted records approximately the important thing elements influencing the enlargement of the market (increase potential, opportunities, industry-particular challenges, and risks).

Report Customization:

The Global EPDM Roofing Market report may be modified to meet your specific business needs. Because we understand what our clients want, we offer 25% customization for any of our MarketIntelligenceData reports at no additional cost to all or any of our clients.

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