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Ethylene Propylene Diene Monomer Global Market Research Report By Application, By Type, By Region, Shares, Trends And Forecast 2022-2031 | The Dow Chemical Company, Exxon Mobil Corporation, Firestone Building Products Company LLC, Johns Manville Inc, KUMH
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The global ethylene propylene diene monomer market report by the business research company identifies increasing demand for zero-emission vehicles is driving the growth of the ethylene propylene diene monomer (EPDM) market . Zero-emission vehicles mean vehicles that do not emit harmful gases or pollutants and offer a wide range of advantages, such as low maintenance costs, low running costs and zero tailpipe emissions. Ethylene propylene diene monomer is utilized in zero-emission vehicles because it has noise-reducing qualities and attaches readily to metal, providing a solid barrier against weather, road surface, and engine vibration. According to the International Energy Agency (IEA) report, sales of electric cars reached 3 million units in 2020, a 40% increase from 2019, and are estimated to reach 300 million units by 2030. Therefore, the increase in demand for zero-emission vehicles is driving the ethylene propylene diene monomer (EPDM) market.
The global ethylene propylene diene monomer market size is expected to grow from $3.52 billion in 2021 to $3.80 billion in 2022 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The ethylene propylene diene monomer market is expected to grow to $4.97 billion in 2026 at a compound annual growth rate (CAGR) of 6.9%.
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Asia-Pacific was the largest region in the ethylene propylene diene monomer market in 2021. The regions covered in the ethylene propylene diene monomer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the ethylene propylene diene monomer market are The Dow Chemical Company, Exxon Mobil Corporation, Firestone Building Products Company LLC, Johns Manville Inc, KUMHO POLYCHEM, Lanxess AG, Lion Elastomers LLC, Mitsui Chemicals Inc, PetroChina Company Limited, SK Global Chemical Co Ltd, Sumitomo Chemical Co Ltd, Versalis SpA, Warco Biltrite, Rubber Engineering and Development Company (REDCO), West American Rubber Company LLC and JSR Corporation.
The global Ethylene propylene diene monomer market is segmented -
1) By Manufacturing Process: Solution Polymerization Process, Slurry and Suspension Process, Gas-Phase Polymerization Process
2) By Sales Channel: Direct Sales, Indirect Sales
3) By Application: Automotive, Building, and Construction, Manufacturing, Electrical and Electronics, Other Applications
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The Ethylene propylene diene monomer Market Report Contents Include
1. Executive Summary
2. Ethylene Propylene Diene Monomer Market Characteristics
3. Ethylene Propylene Diene Monomer Market Trends And Strategies
4. Ethylene Propylene Diene Monomer Market - Macro Economic Scenario
5. Ethylene Propylene Diene Monomer Market Size And Growth
.........
28. Key Mergers And Acquisitions In The Ethylene Propylene Diene Monomer Market
29. Ethylene Propylene Diene Monomer Market Future Outlook And Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the ethylene propylene diene monomer market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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