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Global Ethylene Propylene Market 2023 : SWOT Analysis Of Key Driving Factors For Growing CAGR Value | The Dow Chemical Company, Exxon Mobil Corporation, Johns Manville, Inc., KUMHO POLYCHEM, Lanxess AG, Lion Elastomers LLC.
Ethylene Propylene Market
As per the ethylene propylene epdm market report by The Business Research Company, the use of ethylene propylene across various industries contributes to the growth of the ethylene-propylene market. In the automotive industry, EPDM products bond well with metals by providing a well-built barrier against the environment. EPDM possesses properties such as heat resistance, abrasion resistance, oil swell resistance, flame retardance, oxidation, ozone, and weather ageing due to its stable, saturated polymer backbone structure.
The global ethylene propylene (EPDM) market size will grow from $6.08 billion in 2022 to $6.69 billion in 2023 at a compound annual growth rate (CAGR) of 10.0%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global ethylene propylene (EPDM) market size is expected to grow from $9.45 billion in 2027 at a CAGR of 9.0%.
Read More On The Ethylene Propylene EPDM Market Report Here:
https://www.thebusinessresearchcompany.com/report/ethylene-propylene-epdm-global-market-report
Major competitors in the Ethylene Propylene EPDM market include 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., and Versalis S.p.A.
The Ethylene Propylene EPDM 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
3) By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Ethylene Propylene EPDM market.
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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. Ethylene propylene is used in weather-stripping and seals, glass-run channels, radiators, garden and appliance hoses, tubing, belts, and electrical insulation.
The Table Of Content For The Ethylene Propylene EPDM Market Include:
1. Executive Summary
2. Ethylene Propylene Market Characteristics
3. Ethylene Propylene Market Trends And Strategies
4. Ethylene Propylene Market - Macro Economic Scenario
5. Ethylene Propylene Market Size And Growth
……
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
The "Global Ethylene Propylene EPDM Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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