Ethylene Propylene Diene Monomer Market, By Product Form, By Application, By Geography

Description

The Ethylene Propylene Diene Monomer (EPDM) market is estimated to be valued at USD 4.98 Bn in 2024 and is expected to reach USD 7.39 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.8% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 4.98 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	5.80%	2031 Value Projection:	US$ 7.39 Bn

Figure. Ethylene Propylene Diene Monomer (EPDM) Market Share (%), By Region 2024

Ethylene Propylene Diene Monomer Market - IMG1

Ethylene propylene diene monomer (EPDM) is a type of synthetic rubber that provides high tensile strength, flexibility, and resistance to degradation from sunlight, ozone, and heat. It is created by copolymerization of ethylene, propylene, and a small amount of non-conjugated diene monomers. EPDM possesses good chemical resistance to oxidation, weathering, and oils at elevated temperatures. Due to its excellent resilience at temperatures ranging from -50°C to 150°C, it is commonly used in various applications such as wire and cable insulation, automotive applications, roofing membranes, and hoses and belts. EPDM enables down-gauging of components due to its high strength, flexibility, and durability.

Market Dynamics:

The global EPDM market is primarily driven by the growing demand from the automotive industry. EPDM finds wide usage in automotive gaskets, hoses, belts, brake parts, and other rubber components owing to its durable properties. Increasing vehicle production around the world is positively impacting the market growth. Furthermore, EPDM is extensively adopted for wire and cable insulation as it demonstrates good dielectric properties as well as resistance to corona, ozone cracking, and weathering even at elevated temperatures. Rising investments in power sector are driving its demand. Growing infrastructure activities worldwide are augmenting the consumption of EPDM in the construction industry for various applications such as roofing membranes, waterproofing sheets, and linings. However, the availability of substitute products and fluctuating raw material prices remain longstanding challenges for the market. Technological advancements in production techniques are expected to create new opportunities over the coming years.

Key Features of the Study:

This report provides in-depth analysis of the global EPDM market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global EPDM market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Dow, ARLANXEO, Exxon Mobil Corporation, KUMHO POLYCHEM, Versalis S.p.A., ENEOS Materials Corporation, Jilin Xingyun Chemical Co., Ltd., Johns Manville, Lion Elastomers, Mitsui Chemicals, Inc., PetroChina Company Limited, SK Global Co., Ltd., Carlisle Companies Incorporated, SABIC, Hexpol Compounding, Kraton Corporation, LG Chem, and Trelleborg AB
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global EPDM market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global EPDM market

Detailed Segmentation:

Product Form Insights (Revenue, USD Bn, 2019 - 2031)
- Sheets
- Molded Products
- Others
Application Insights (Revenue, USD Bn, 2019 - 2031)
- Automotive & Transportation
- Building & Construction
- Industrial Machinery
- Wires & Cables
- Others
Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- Dow
- ARLANXEO
- Exxon Mobil Corporation
- KUMHO POLYCHEM
- Versalis S.p.A.
- ENEOS Materials Corporation
- Jilin Xingyun Chemical Co., Ltd.
- Johns Manville
- Lion Elastomers
- Mitsui Chemicals, Inc.
- PetroChina Company Limited
- SK Global Co., Ltd.
- Carlisle Companies Incorporated
- SABIC
- Hexpol Compounding
- Kraton Corporation
- LG Chem
- Trelleborg AB

Product Code: CMI7277

1. RESEARCH OBJECTIVES AND ASSUMPTIONS

Research Objectives
Assumptions
Abbreviations

2. MARKET PURVIEW

Report Description
Market Definition and Scope
Executive Summary
Ethylene Propylene Diene Monomer (EPDM) Market, By Product Form
Ethylene Propylene Diene Monomer (EPDM) Market, By Application

3. MARKET DYNAMICS, REGULATIONS, AND TRENDS ANALYSIS

Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Ethylene Propylene Diene Monomer (EPDM) Market, By Product Form, 2024-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Sheets
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Molded Products
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

5. Ethylene Propylene Diene Monomer (EPDM) Market, By Application, 2024-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Automotive & Transportation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Building & Construction
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Industrial Machinery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Wires & Cables
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

6. Global Ethylene Propylene Diene Monomer (EPDM) Market, By Region, 2019 - 2031, Value (USD Bn)

Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2019 - 2031, Value (USD Bn)
- Regional Trends
  - North America
- Introduction
- Market Size and Forecast, By Product Form , 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application , 2019 - 2031, Value (USD Bn)
U.S.
Canada
Latin America
- Introduction
- Market Size and Forecast, By Product Form , 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application , 2019 - 2031, Value (USD Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Product Form , 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application , 2019 - 2031, Value (USD Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Product Form , 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application , 2019 - 2031, Value (USD Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, By Product Form , 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application , 2019 - 2031, Value (USD Bn)
GCC Countries
Israel
Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, By Product Form , 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application , 2019 - 2031, Value (USD Bn)
South Africa
North Africa
Central Africa

7. COMPETITIVE LANDSCAPE

Dow
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
ARLANXEO
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Exxon Mobil Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
KUMHO POLYCHEM
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Versalis S.p.A.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
ENEOS Materials Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Jilin Xingyun Chemical Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Johns Manville
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Lion Elastomers
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Mitsui Chemicals, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
PetroChina Company Limited
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
SK Global Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Carlisle Companies Incorporated
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
SABIC
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Hexpol Compounding
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Kraton Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
LG Chem
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Trelleborg AB
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies

8. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

9. References and Research Methodology

References
Research Methodology
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