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Ethylene Propylene Diene Monomer Market Report 2023 : By Trends, Share And Industry Forecast 2032 | Johns Manville Inc., KUMHO POLYCHEM, Lanxess AG, Lion Elastomers LLC, Mitsui Chemicals Inc.
Ethylene Propylene Diene Monomer Market Trends
As per the ethylene propylene diene monomer market report by The Business Research Company, the increase in 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.
The global ethylene propylene diene monomer market size grew from $3.84 billion in 2022 to $4.18 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. 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 ethylene propylene diene monomer market size is expected to grow to $5.61 billion in 2027 at a CAGR of 7.7%.
Read More On The Ethylene Propylene Diene Monomer Market Report Here:
https://www.thebusinessresearchcompany.com/report/ethylene-propylene-diene-monomer-global-market-report
Major competitors in the Ethylene Propylene Diene Monomer market include 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 Ethylene Propylene Diene Monomer market is segmented -
By Manufacturing Process: Solution Polymerization Process, Slurry And Suspension Process, Gas-Phase Polymerization Process
By Sales Channel: Direct Sales, Indirect Sales
By Application: Automotive, Building, And Construction, Manufacturing, Electrical And Electronics, Other Applications
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 Diene Monomer market.
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Ethylene propylene diene monomer refers to a synthetic rubber composed of ethylene, propylene, and diene monomers that is resistant to outdoor and high-temperature conditions. It exhibits properties such as ozone, UV, heat, polar solvents, water-based chemicals, and ageing resistance due to its stable polymer backbone structure. Ethylene propylene diene monomers are used for roofing for waterproofing, as EPDM seals.
The Table Of Content For The Ethylene Propylene Diene Monomer Market 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
……
26. Africa Ethylene Propylene Diene Monomer Market
27. Ethylene Propylene Diene Monomer Market Competitive Landscape And Company Profiles
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
The "Global Ethylene Propylene Diene Monomer 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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