Press release
EPDM Rubber Market: 2024 Global Future Scope, Ageing Population, Application, Industry Growth, Demand, Region, Competitive Analysis and Forecast 2031 | Mitsui Chemicals Inc., Lion Elastomers LLC and SABIC.
DataM Intelligence has released a new research report on the EPDM Rubber market. The report provides a detailed analysis of current and emerging trends, offering insights into the market dynamics. It utilizes Porter's Five Forces model to assess key factors such as supplier and customer relationships, risks from various agents, competitive intensity, and opportunities for new entrants. The study also includes research data from various companies, analyzing factors like benefits, gross margins, and strategic decisions in the global market. The report is enriched with tables, charts, and infographics for a clear presentation of the findings.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.
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EPDM Rubber (Ethylene Propylene Diene Monomer Rubber) is a type of synthetic rubber characterized by its exceptional weather resistance, heat stability, and ozone resistance. It is composed of ethylene, propylene, and a diene component, which provides cross-linking capabilities during the vulcanization process.EPDM rubber is widely used in various applications, including automotive parts, roofing membranes, seals, gaskets, and hoses. Its excellent elasticity and durability make it suitable for outdoor environments, as it can withstand extreme temperatures, UV radiation, and exposure to chemicals. Additionally, EPDM rubber is non-toxic and can be formulated for specific properties, such as increased resistance to aging and wear. Its versatility and performance characteristics contribute to its popularity across multiple industries, including automotive, construction, and manufacturing.
List of the Key Players in the EPDM Rubber Market:
Arlanxero, Carlisle Companies Incorporated, Dow Inc., Exxon Mobil Corporation, PetroChina Company Limited, Versalis S.p.A., SK Global Chemical Co. Ltd., Mitsui Chemicals Inc., Lion Elastomers LLC and SABIC.
Key Developments:
In 2022, Arlanxeo announced plans to increase the operational capacity of its EPDM plant located in Changzhou, China, by 15%. This expansion aims to meet the growing demand for EPDM rubber in various industries, including automotive and construction. By enhancing production capabilities, Arlanxeo seeks to strengthen its position in the global EPDM market and ensure a reliable supply of high-quality synthetic rubber products to its customers. The move reflects the company's commitment to addressing market needs and capitalizing on the rising popularity of EPDM applications.
Research Process:
Both primary and secondary data sources have been used in the global EPDM Rubber Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Segment Covered in the EPDM Rubber Market:
By Manufacturing Process: Solution Polymerization Process, Slurry/Suspension Process, Gas-Phase Polymerization Process
By Application: Automotive, Building and Construction, Plastic Modifications, Tires and Tubes, Wires and Cables, Lubricant Additives, Others
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Regional Analysis:
➣ North America (US, Canada, Mexico)
➣ Europe (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)
➣ Asia-Pacific (China, India, Japan, Australia, Rest of Asia Pacific)
➣ South America (Brazil, Argentina, Rest of South America)
➣ Middle East and Africa
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, EPDM Rubber market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global EPDM Rubber Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The global EPDM Rubber market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the EPDM Rubber Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
Have any Query? Talk to our Expert @ https://www.datamintelligence.com/enquiry/epdm-rubber-market
The Research Report Offers Answers To The Following Questions:
☛ What is the expected growth rate of the global market for the forecast period?
☛ What are the key driving factors that are responsible to shape the fate of the EPDM Rubber market during the forecast period?
☛ What will be the overall size of the market during the analysis period?
☛ What are the prominent market trends which influence the development of the EPDM Rubber market across various regions?
☛ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?
☛ What are the challenges and threats that are likely to act as a barrier to the growth of the EPDM Rubber market?
☛ What are the major opportunities that the companies can get to attain success in the world?
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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𝐄𝐏𝐃𝐌 𝐑𝐮𝐛𝐛𝐞𝐫 𝐏𝐫𝐢𝐜𝐞𝐬 𝐢𝐧 𝐔𝐒𝐀
• 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬: 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, "𝐄𝐏𝐃𝐌 𝐑𝐮𝐛𝐛𝐞𝐫 𝐏𝐫𝐢𝐜𝐞𝐬, 𝐓𝐫𝐞𝐧𝐝, 𝐂𝐡𝐚𝐫𝐭, 𝐃𝐞𝐦𝐚𝐧𝐝, 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐍𝐞𝐰𝐬, 𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐃𝐚𝐭𝐚 𝐑𝐞𝐩𝐨𝐫𝐭 𝟐𝟎𝟐𝟒 𝐄𝐝𝐢𝐭𝐢𝐨𝐧," presents a detailed analysis of 𝐄𝐏𝐃𝐌 𝐑𝐮𝐛𝐛𝐞𝐫 P𝐫𝐢𝐜𝐞𝐬, offering key insights into global market dynamics. This report includes comprehensive price chart, which trace…
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