Ethylene Propylene Diene Monomer Market to Surpass Valuation of US$ 7.2 Bn By 2031

Ethylene Propylene Diene Monomer (EPDM) Market Outlook 2031
The global ethylene propylene diene monomer (EPDM) market was valued at US$ 4.4 Bn in 2021
It is estimated to grow at a CAGR of 5.7% from 2022 to 2031
The global ethylene propylene diene monomer (EPDM) market is expected to reach US$ 7.2 Bn by the end of 2031

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Global Ethylene Propylene Diene Monomer (EPDM) Market Introduction
Ethylene propylene diene monomer (EPDM) rubber, a type of synthetic rubber, is primarily used in automotive, roofing, and plastic modification applications. Synthetic rubbers are predominantly polymers synthesized by using petroleum products. Ethylene propylene diene terpolymer of propylene, ethylene, and diene component. The ethylene content is around 45%, while the diene component ranges between 2.5% and 12%. The percentage content of ethylene decides the mixing and extrusion properties of the final rubber product.

Ethylene propylene diene terpolymer can be used over a wide temperature range (-50°C to 150°C) and has considerable mechanical strength. This makes it suitable for usage in diverse applications. EPDM is extensively employed in the automotive industry owing to its chemical properties such as high temperature sustainability, and resistance to heat, harsh weather conditions, ozone, and steam. It is typically utilized in the manufacture of interior panels, rear lamp gaskets, hoses, sidewalls, inner tubes, front and rear bumpers, brake systems, v-belts, door seals, and various other automotive components.

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Rise in Demand for Ethylene Propylene Diene Monomer (EPDM) in Automotive Industry
The global automotive industry has been growing significantly for the last few years (specifically in the Indian subcontinent). This trend is likely to continue in the future. Currently, the two most important factors affecting the automotive industry are change in consumer buying dynamics, i.e. increase in per capita income; preference for cost-effective and extreme luxury cars, and change in the regulatory scenarios; i.e. emission norms, increase in safety features, etc.

Presently, ethylene propylene diene manufacturing is one of the fastest growing segment of the synthetic rubber market, as it is the primary choice for automotive and industrial applications. It has long replaced natural rubber. EPDM is used in automotive and industrial hose products, such as rear lamp gaskets, hoses, tire sidewalls, inner tire tubes, front and rear bumpers, braking systems, belt drives, door seals, and interior panels of cars, due to their thermal and oxidative stability and chemical resistance to polar organic and aqueous inorganic fluids.

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Propylene diene has great noise reduction properties and it also bonds rapidly with metal, which offers a strong barrier against weather conditions as well as the environment, road surface, and engine vibration. Therefore, diverse applications of EPDM in the automotive industry is expected to boost the market.

Increase in Demand for Ethylene Propylene Diene Monomer (EPDM) in Construction Industry
Ethylene propylene monomer rubber is an extremely robust material, extremely resilient to puncture or penetration, unaffected by atmospheric pollution, UV light ozone or acid rain. It is unlike most bituminous materials, as it does not degrade,or turn brittle after long periods of exposure to harsh elements of the weather. Installation of EPDM on roofs has proven its longevity in Artic conditions, temperate zones, and tropical climates. Therefore, EPDM coatings offer long lasting waterproof roofs.

Ethylene propylene diene monomer rubber membrane is excellent for the flat roof renovation of older domestic roofs or brand new residential or commercial installations, resulting in a total waterproofing covering. Any flat roof would benefit significant from this modern flat roofing material that flexes with ambient temperature variants and would not split, tear, or become porous. It is not only suitable for flat roofs rather it also best fits metal roofs, concrete roofs, for RV roofs, and other roofing types.

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The commercial roofing industry witnesses high preference for the following three modern-day roofing systems: EPDM (ethylene propylene diene monomer), PVC (polyvinyl chloride), and TPO (thermoplastic polyolefin). Each system has individual advantages; however, one advantage they all share is that installation does not generate fumes. Therefore, suitability and acceptance of ethylene propylene monomer in the construction industry is expected to propel the demand for ethylene propylene diene monomer.

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