Global EPDM Market Research Report 2023(Status and Outlook)

Global EPDM Market Research Report 2023(Status and Outlook)

Report Overview

EPDM is classified as a synthetic rubber as well as an elastomer, which is used in various applications including general and specialty purposes. It is made by forming blocks of ethylene and propylene, which act as a backbone for the long molecular chain of EPDM.

In terms of geographic regions, APAC will be the major revenue contributor to the market. The growth of the automotive industry in the developing economies of the region, the rise in manufacturing of automotive parts due to availability of raw material, and the presence of favorable government regulations, will fuel the market’s growth in this region.

The Global EPDM Market Size was estimated at USD 3527.20 million in 2022 and is projected to reach USD 4107.58 million by 2029, exhibiting a CAGR of 2.20% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global EPDM market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global EPDM Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the EPDM market in any manner.

Global EPDM Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Lanxess

ExxonMobil

DOW

SK Chemical

JSR/Kumho

Sumitomo

Lion Elastomers

MITSUI

PJSC Nizhnekamskneftekhim

SABIC

Eni (Polimeri Europa)

SSME

Jilin Xingyun Chemical

Market Segmentation (by Type)

Solution Polymerization

Suspension Polymerization

Market Segmentation (by Application)

Passenger Cars

Commercial Vehicle

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the EPDM Market

Overview of the regional outlook of the EPDM Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors