openPR Logo
Press release

Ethylene Propylene Diene Monomer (EPDM) Market Projected Growth to Reach US$ 6,135.45 Million by 2032, Showcasing a 5.44% CAGR From 2023-2032

07-01-2024 03:28 PM CET | Chemicals & Materials

Press release from: Polaris Market Research & Consulting

Ethylene Propylene Diene Monomer (EPDM) Market

Ethylene Propylene Diene Monomer (EPDM) Market

With a compound annual growth rate (CAGR) of 5.44%, the global ethylene propylene diene monomer (EPDM) market is expected to reach a value of over USD 6,135.45 million by 2032 from an estimated USD 3,620.98 million in 2022.

๐”๐ง๐ฅ๐จ๐œ๐ค ๐จ๐ฎ๐ซ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.polarismarketresearch.com/industry-analysis/epdm-market/request-for-sample

EPDM is a kind of synthetic rubber broadly utilized covering several industries due to its outstanding attributes. EPDM is a cost-effective option for silicone rubber. It can endure acute temperatures, is a better electrical insulator, and sustains its configuration and flexibility over some time. EPDM aspects include impartial to outstanding tear proof relying on how it is contrived. Its elastic attributes but one of its central appeals. It also provides adequate chemical aversion and endures temperatures up to 302 degrees Fahrenheit while yet staying flexible.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ
โ€ข The EPDM industry is anticipated to observe notable prospects due to factors such as it being broadly utilized in many industrial applications such as outstanding aversion to erosion, heat, ozone and chemicals.

โ€ข The automotive sector is one of the distinct propellers of the market, where it is utilized in hoses, seals, gaskets, weather-stripping, and wire coatings. EPDM's outstanding aversion to heat and chemicals renders it perfect for automotive applications and can combat jarring environmental conditions.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐จ๐ง ๐ƒ๐ž๐ž๐ฉ ๐ƒ๐ข๐ฏ๐ž
The market has encountered notable contention in the past few years, and the similar is likely to stay noteworthy in the near future.

๐’๐จ๐ฆ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฉ๐ซ๐จ๐ฆ๐ข๐ง๐ž๐ง๐ญ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐จ๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐ญ๐ก๐ž ๐ž๐ญ๐ก๐ฒ๐ฅ๐ž๐ง๐ž ๐ฉ๐ซ๐จ๐ฉ๐ฒ๐ฅ๐ž๐ง๐ž ๐๐ข๐ž๐ง๐ž ๐ฆ๐จ๐ง๐จ๐ฆ๐ž๐ซ (๐„๐๐ƒ๐Œ) ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž:
โ€ข Arlanxeo
โ€ข Carlisle Companies
โ€ข DOW Inc.
โ€ข ExxonMobil Corporation
โ€ข Jilin Xingyun Chemical
โ€ข JSR Corporation
โ€ข Lanxess
โ€ข Lion Elastomers
โ€ข LLC.
โ€ข Mitsui Chemicals Inc.
โ€ข PetroChina Company Limited
โ€ข PJSC
โ€ข SABIC
โ€ข SK Global Chemical Co. Ltd.
โ€ข Sumitomo Chemical Co. Ltd.
โ€ข Versalis S.p. A.

๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.polarismarketresearch.com/buy/925/2

๐†๐ž๐จ๐ ๐ซ๐š๐ฉ๐ก๐ข๐œ๐š๐ฅ ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž
The report covers Europe, North America, Asia Pacific, the Middle East and Africa, and Latin America. According to the study, Asia Pacific held the largest ethylene propylene diene monomer (EPDM) market share. The prevalence of the biggest automobile manufacturing fulcrums in the regions is largely responsible for the segment market's rise.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ
The EPDM market's growth is primarily fueled by its extensive applications across diverse sectors. In the automotive industry, EPDM is used in door seals, weather stripping, and hoses, owing to its ability to withstand extreme temperatures and exposure to automotive fluids. Moreover, the construction sector utilizes EPDM extensively for roofing membranes, seals, and gaskets due to its durability and resistance to ozone and UV radiation.

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ
โ€ข ๐’๐ฎ๐ฌ๐ญ๐š๐ข๐ง๐š๐›๐ข๐ฅ๐ข๐ญ๐ฒ ๐š๐ง๐ ๐„๐ง๐ฏ๐ข๐ซ๐จ๐ง๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐‘๐ž๐ ๐ฎ๐ฅ๐š๐ญ๐ข๐จ๐ง๐ฌ: With increasing environmental concerns, there is a growing preference for eco-friendly materials like EPDM, which is recyclable and has a longer lifespan compared to other materials.

โ€ข ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐œ๐š๐ฅ ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ: Innovations in manufacturing processes have led to improved EPDM products, offering better performance characteristics such as enhanced weatherability and reduced curing times.

โ€ข๐„๐ฑ๐ฉ๐š๐ง๐ฌ๐ข๐จ๐ง ๐ข๐ง ๐„๐ฆ๐ž๐ซ๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ๐ฌ: The EPDM market is witnessing significant growth in regions like Asia-Pacific and Latin America, driven by rapid industrialization, urbanization, and infrastructure development.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž: https://www.polarismarketresearch.com/industry-analysis/epdm-market

๐‚๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ž๐ฌ
Despite its benefits, the EPDM market faces challenges such as fluctuating raw material prices and competition from substitutes like thermoplastic elastomers. Additionally, the market is influenced by macroeconomic factors, including regulatory policies and geopolitical tensions, impacting global supply chains.

๐…๐ฎ๐ญ๐ฎ๐ซ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
The future of the EPDM market appears promising with ongoing research aimed at enhancing its properties and expanding its application scope. Manufacturers are increasingly focusing on developing bio-based EPDM and exploring new avenues in niche applications such as electrical insulation and medical devices.

๐„๐ฑ๐š๐ฆ๐ข๐ง๐ž ๐Ž๐ฎ๐ซ ๐’๐ฎ๐ฉ๐ž๐ซ๐ข๐จ๐ซ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:
๐‹๐ข๐ฆ๐ž๐ฌ๐ญ๐จ๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/limestone-market

๐Š๐š๐จ๐ฅ๐ข๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/kaolin-market

๐๐จ๐ฌ๐ญ-๐‚๐จ๐ง๐ฌ๐ฎ๐ฆ๐ž๐ซ ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ž๐ ๐๐ฅ๐š๐ฌ๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/post-consumer-recycled-plastics-market

๐‘๐ž๐œ๐š๐ซ๐›๐ฎ๐ซ๐ข๐ณ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/recarburizers-market

๐‚๐š๐ฌ๐ญ ๐„๐ฅ๐š๐ฌ๐ญ๐จ๐ฆ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/cast-elastomer-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Ethylene Propylene Diene Monomer (EPDM) Market Projected Growth to Reach US$ 6,135.45 Million by 2032, Showcasing a 5.44% CAGR From 2023-2032 here

News-ID: 3560314 • Views: โ€ฆ

More Releases from Polaris Market Research & Consulting

Granite Market Projected to Reach USD 6.63 Billion by 2034, Growing at a CAGR of 5.2%
Granite Market Projected to Reach USD 6.63 Billion by 2034, Growing at a CAGR of โ€ฆ
Polaris Market Research has released new insights into the Granite market, highlighting key developments, evolving trends, and growth prospects across major regions and segments. The report delivers an in-depth analysis of market dynamics, competitive shifts, and strategic outlooks to support informed decision-making for businesses and investors. Market at a Glance In 2024, the market was valued at USD 3.99 billion and is anticipated to grow to USD 6.63 Billion by 2034. Itโ€ฆ
Molecular Diagnostics for Sexually Transmitted Diseases Market to Reach USD 7.85 Billion by 2034, Growing at a CAGR of 7.5%
Molecular Diagnostics for Sexually Transmitted Diseases Market to Reach USD 7.85 โ€ฆ
Polaris Market Research announces the release of its latest study on the Molecular Diagnostics For Sexually Transmitted Diseases market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape. According to the findings, the market stood at 3.82 billion in 2024 and is expected toโ€ฆ
Higher Alpha Olefins Market Projected to Hit USD 20.01 Billion by 2034, Expanding at a CAGR of 6.8%
Higher Alpha Olefins Market Projected to Hit USD 20.01 Billion by 2034, Expandin โ€ฆ
Polaris Market Research announces the release of its latest study on the Higher Alpha Olefins market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape. According to the findings, the market stood at 10.39 billion in 2024 and is expected to reach 20.01 billionโ€ฆ
Direct Oral Anticoagulants (DOACs) Device Market to Reach USD 64.83 Billion by 2034, Growing at a CAGR of 7.44%
Direct Oral Anticoagulants (DOACs) Device Market to Reach USD 64.83 Billion by 2 โ€ฆ
Polaris Market Research announces the release of its latest study on the Direct Oral Anticoagulants (DOACs) Device market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape. According to the findings, the market stood at 31.67 billion in 2024 and is expected to reachโ€ฆ

All 5 Releases


More Releases for EPDM

Growing Demand For Bio-Based Epdm Rubber Fuels Market Expansion Trend: A Crucial โ€ฆ
What Is the Expected Size and Growth Rate of the Ethylene Propylene (EPDM) Market? The market for ethylene propylene (EPDM) has seen significant expansion over recent years. The market is projected to escalate from $7.66 billion in 2024 to $8.53 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 11.5%. The surge during the preceding period can be credited to sectors such as the automotive industry, construction, and buildingโ€ฆ
Ethylene Propylene (EPDM): Global Market Outlook for 2024
The Business Research Company recently released a comprehensive report on the Global Ethylene Propylene (EPDM) Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. Ready to Dive into Something Exciting? Get Your Free Exclusiveโ€ฆ
EPDM Rubber Prices, Demand, News, Chart and Forecast
๐„๐๐ƒ๐Œ ๐‘๐ฎ๐›๐›๐ž๐ซ ๐๐ซ๐ข๐œ๐ž๐ฌ ๐ข๐ง ๐”๐’๐€ โ€ข ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ: 2149 USD/MT (Commercial Grade) The price of EPDM rubber in the United States for Q4 2023 reached 2149 USD/MT in December. The latest IMARC Group report, "๐„๐๐ƒ๐Œ ๐‘๐ฎ๐›๐›๐ž๐ซ ๐๐ซ๐ข๐œ๐ž๐ฌ, ๐“๐ซ๐ž๐ง๐, ๐‚๐ก๐š๐ซ๐ญ, ๐ƒ๐ž๐ฆ๐š๐ง๐, ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐ž๐ฐ๐ฌ, ๐‡๐ข๐ฌ๐ญ๐จ๐ซ๐ข๐œ๐š๐ฅ ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ƒ๐š๐ญ๐š ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’ ๐„๐๐ข๐ญ๐ข๐จ๐ง," presents a detailed analysis of ๐„๐๐ƒ๐Œ ๐‘๐ฎ๐›๐›๐ž๐ซ P๐ซ๐ข๐œ๐ž๐ฌ, offering key insights into global market dynamics. This report includes comprehensive price chart, which traceโ€ฆ
How Big is EPDM Rubber Market?
Global EPDM Rubber Market reached US$ 3.3 billion in 2023 and is expected to reach US$ 5.3 billion by 2031, growing with a CAGR of 6.3% during the forecast period 2024-2031. "EPDM Rubber Market 2024," The objectives outlined in the report are multifaceted and aimed at offering a comprehensive understanding of the EPDM Rubber market dynamics. These objectives encompass a meticulous analysis and forecast of the market's dimensions, encompassing both its valueโ€ฆ
EPDM Rubber Prices, Trends & Forecasts: A Comprehensive Analysis
Get the latest insights on price movement and trend analysis of EPDM Rubber in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa). In today's rapidly changing market, staying informed about EPDM Rubber prices and trends is crucial for businesses across various industries. Whether you're a manufacturer, supplier, or procurement professional, understanding the dynamics of EPDM Rubber pricing can help you makeโ€ฆ
EPDM Waterproofing Market Size, Industry Share, Forecast 2027
Latest Updated Report 2023, The Global EPDM Waterproofing Market to Growing A CAGR of % during forecast period of 2023-2027. The Market is segmented by Global EPDM Waterproofing Market Breakdown by Application (Roofing & Walls, Building Structure, Waste & Water Management, Tunnels Liners) by Type (General Type) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The EPDM Waterproofing Market 2023 Report makes available the current and forthcoming technicalโ€ฆ