Ethylene Propylene Diene Monomer Market Overview:
According to the latest report by IMARC Group, titled “Ethylene Propylene Diene Monomer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global ethylene propylene diene monomer market. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global ethylene propylene diene monomer (EPDM) market size reached a value of US$ 4.61 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 6.32 Billion by 2027 exhibiting a CAGR of 5.10% during 2022-2027.
Request a Free PDF Sample for more detailed market insights: https://www.imarcgroup.com/ethylene-propylene-diene-monomer-market/requestsample
Ethylene propylene diene monomer, or EPDM, is a versatile high-density synthetic rubber manufactured using solution polymerization, suspension, or gas-phase polymerization processes. It is a flexible, weatherproof, and waterproof polymer with low electrical conductivity, excellent resistance to abrasion, ultraviolet (UV) rays, chemicals, aging, ozone, and heat. It is widely used in windows and door seals, belts, tubing, radiators, drain tubes, trunk seals, and non-slip coatings. It offers higher tensile strength, durability, tear resistance, and bonding with metals than traditionally used silicon. As a result, EPDM finds extensive applications across various industries, including automotive, construction, manufacturing, and electrical and electronics.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Ethylene Propylene Diene Monomer Market Trends and Drivers:
The global ethylene propylene diene monomer market is primarily driven by the rising product usage in automotive parts, including suspension bellows, plugs, cable jacketing, molded seals, and air ducts. Additionally, the increasing construction and building applications of EPDM, such as roofing solutions, basements, swimming pools, and podium decks, is another major growth-inducing factor.
Besides this, the growing product adoption in heating, ventilation, and air conditioning (HVAC) systems due to its excellent electrical insulation and heat and water resistance has augmented the EPDM demand.
Furthermore, the launch of bio-based EPDM with enhanced oil resistance, temperature flexibility, and adhesion to metals has accelerated the product adoption rate. Other factors, including the rising production of electric vehicles (EVs), heavy investments in infrastructural development, and product innovations, are also anticipated to catalyze the market growth.
Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape
- Strategies of major players and product offerings
Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/ethylene-propylene-diene-monomer-market
Important Note: If the link is not clickable please open it in a new tab, you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
Global Ethylene Propylene Diene Monomer Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of the Major Key Players:
- Carlisle Companies Incorporated
- Dow Inc.
- Exxon Mobil Corporation
- Firestone Building Products (Holcim Group)
- Jilin Xingyun Chemical Co. Ltd
- Johns Manville (Berkshire Hathaway Inc.)
- Kumho Polychem (Kumho Petrochemical Co. Ltd)
- Lion Elastomers
- Mitsui Chemicals Inc.
- West American Rubber Company LLC
The report has segmented the market on the basis of region, manufacturing process, sales channel and application.
Breakup by Manufacturing Process:
- Solution Polymerization Process
- Slurry and Suspension Process
- Gas-Phase Polymerization Process
Breakup by Sales Channel:
- Direct Sales
- Indirect Sales
Market Breakup by Application:
- Building and Construction
- Electrical and Electronics
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: [email protected]
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800