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Ethylene Propylene EPDM Market Report 2023 - Market Size, Growth Rate, Major Drivers And Key Trends | The Dow Chemical Company, Exxon Mobil Corporation, Johns Manville, Inc., KUMHO POLYCHEM

Ethylene Propylene EPDM Global Market Report

Ethylene Propylene EPDM Global Market Report

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Ethylene Propylene EPDM Global Market Report 2023 identifies the use of ethylene propylene (EPDM) market 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. Companies such as BRP manufacturing are providing EPDM for the automotive industry that includes under-the-hood, cabin pressure-equalizing assemblies, interior trim, and striker plate blinds. Thus, the usage of EPDM in different industries is contributing to the EPDM market's growth.

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 market size of global ethylene propylene (EPDM) is expected to grow from $9.45 billion in 2027 at a CAGR of 9.0%.

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Major players in the ethylene propylene (EPDM) market are 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.

A key trend in the Ethylene Propylene EPDM market includes the increasing demand for ethylene propylene diene monomer (EPDM) rubber produced from bio-based feedstock acts as a key trend driving the growth of the EPDM market. Renewable EPDM rubber uses raw materials such as sugar and glycerin to replace traditional feedstock such as isoprene and butadiene in synthetic rubber production to reduce greenhouse emissions and to achieve sustainability.

Read More On The Global Ethylene Propylene EPDM Market Report Here:
https://www.thebusinessresearchcompany.com/report/ethylene-propylene-epdm-global-market-report

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

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.

The Business Research Company's "Global Ethylene Propylene EPDM Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Ethylene Propylene EPDM Market Include:
1. Executive Summary
2. Ethylene Propylene EPDM Market Characteristics
3. Ethylene Propylene EPDM Market Trends And Strategies
4. Ethylene Propylene EPDM Market - Macro Economic Scenario
5. Ethylene Propylene EPDM Market Size And Growth
……
27. Ethylene Propylene EPDM Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Ethylene Propylene EPDM Market
29. Ethylene Propylene EPDM Market Future Outlook and Potential Analysis
30. Appendix

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