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Ethylene-Propylene-Diene Monomer market was valued at US$ 4229 million in 2022 and is anticipated to reach US$ 5737.1 million by 2029, witnessing a CAGR of 4.4% | Valuates Reports
Ethylene-Propylene-Diene Monomer MarketEthylene propylene diene monomer (EPDM) is a high-density rubber that is very durable. EPDM has some characteristics that make it especially suitable for gaskets, electrical insulation and lamination. EPDM can be finished to an extremely smooth surface. EPDM has great resistance to abrasives, tearing, solvents and high temperatures. EPDM has excellent flexibility at high and low temperatures.
The global Ethylene-Propylene-Diene Monomer market was valued at US$ 4229 million in 2022 and is anticipated to reach US$ 5737.1 million by 2029, witnessing a CAGR of 4.4% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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Global Ethylene Propylene Diene Monomer (EPDM) key players include Lanxess, ExxonMobil, Lion Elastomers, JSR/Kumho, Eni (Polimeri Europa), etc. Global top five manufacturers hold a share about 70%. North America is the largest market, with a share about 35%, followed by Europe, with a share about 20 percent. In terms of product, Solution Polymerization is the largest segment, with a share about 90%. And in terms of application, the largest application is Automotive Industry, followed by Building & Construction, Wires & Cables.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Ethylene-Propylene-Diene Monomer, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ethylene-Propylene-Diene Monomer.
The Ethylene-Propylene-Diene Monomer market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Ethylene-Propylene-Diene Monomer market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Ethylene-Propylene-Diene Monomer manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
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Key Segmentations
By Company
• DuPont
• Petrochina
• Exxonmobil Chemical Company
• Mitsui Chemicals Inc
• Carlisle Companies
• Kumho Polychem
• Lanxess AG
Segment by Type
• Ordinary EPDM
• Modified EPDM
Segment by Application
• Architecture
• Electronics
• Automotive
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