Ethylene Propylene Diene Monomer (EPDM) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Ethylene Propylene Diene Monomer (EPDM) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028


The global ethylene propylene diene monomer (EPDM) market size reached US$ 4.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.4 Billion by 2028, exhibiting a growth rate (CAGR) of 4.5% during 2023-2028.

Ethylene propylene diene monomer (EPDM) is a versatile synthetic rubber with unique performance properties. It is a copolymer of ethylene, propylene, and diene monomers and is manufactured through suspension, solution polymerization, or gas-phase polymerization processes. It is commonly used in belts, window and door seals, tubing, roofing membrane, non-slip coatings, radiator, drain tubes, and trunk seals. EPDM exhibits various properties, such as excellent aging, heat, chemical, ozone and weathering resistance, electrical insulation, compression set, and low operating temperatures. As compared to silicon, EPDM offers higher tear strength, durability, and greater bonding with metal, on account of which, it is widely used across the construction, automotive, manufacturing, electrical, and electronics industries.

Global EPDM (Ethylene Propylene Diene Monomer) Market Trends:
Significant growth in the automotive industry across the globe is creating a positive outlook for the market. EPDM is widely used in cable jacketing, suspension bellows, plugs, molded seals, tubing, and air ducts. Additionally, the increasing product utilization in construction and building applications, such as roofing solutions, basements, swimming pools, and podium decks due to their high flexibility and cost-effectiveness, is favoring the market growth. Various product innovations, such as the introduction of bio-based EPDM, that offer temperature flexibility, adhesion to metal, and oil resistance are providing an impetus to the market growth. This, in turn, is assisting sectors in reducing carbon footprint, which is acting as another growth-inducing factor. Furthermore, the increasing product utilization in heating, ventilation, and air conditioning (HVAC) applications, owing to its high electrical insulation and resistance against water and heat, is positively impacting the market growth. Apart from this, rising consumer expenditure capacities and extensive research and development (R&D) activities are anticipated to drive the market further toward growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global EPDM (Ethylene Propylene Diene Monomer) market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on 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

Breakup by Application:

Automotive
Building and Construction
Manufacturing
Electrical and Electronics
Others

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

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Arlanxeo, 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. and West American Rubber Company LLC.

Key Questions Answered in This Report

1. What was the size of the global ethylene propylene diene monomer (EPDM) market in 2022?
2. What is the expected growth rate of the global ethylene propylene diene monomer (EPDM) market during 2023-2028?
3. What are the key factors driving the global ethylene propylene diene monomer (EPDM) market?
4. What has been the impact of COVID-19 on the global ethylene propylene diene monomer (EPDM) market?
5. What is the breakup of the global ethylene propylene diene monomer (EPDM) market based on the manufacturing process?
6. What is the breakup of the global ethylene propylene diene monomer (EPDM) market based on the application?
7. What are the key regions in the global ethylene propylene diene monomer (EPDM) market?
8. Who are the key players/companies in the global ethylene propylene diene monomer (EPDM) market?


1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Ethylene Propylene Diene Monomer (EPDM) Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Manufacturing Process
6.1 Solution Polymerization Process
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Slurry and Suspension Process
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Gas-Phase Polymerization Process
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Sales Channel
7.1 Direct Sales
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Indirect Sales
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 Automotive
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Building and Construction
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Manufacturing
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Electrical and Electronics
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
 9.1.1.1 Market Trends
 9.1.1.2 Market Forecast
9.1.2 Canada
 9.1.2.1 Market Trends
 9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
 9.2.1.1 Market Trends
 9.2.1.2 Market Forecast
9.2.2 Japan
 9.2.2.1 Market Trends
 9.2.2.2 Market Forecast
9.2.3 India
 9.2.3.1 Market Trends
 9.2.3.2 Market Forecast
9.2.4 South Korea
 9.2.4.1 Market Trends
 9.2.4.2 Market Forecast
9.2.5 Australia
 9.2.5.1 Market Trends
 9.2.5.2 Market Forecast
9.2.6 Indonesia
 9.2.6.1 Market Trends
 9.2.6.2 Market Forecast
9.2.7 Others
 9.2.7.1 Market Trends
 9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
 9.3.1.1 Market Trends
 9.3.1.2 Market Forecast
9.3.2 France
 9.3.2.1 Market Trends
 9.3.2.2 Market Forecast
9.3.3 United Kingdom
 9.3.3.1 Market Trends
 9.3.3.2 Market Forecast
9.3.4 Italy
 9.3.4.1 Market Trends
 9.3.4.2 Market Forecast
9.3.5 Spain
 9.3.5.1 Market Trends
 9.3.5.2 Market Forecast
9.3.6 Russia
 9.3.6.1 Market Trends
 9.3.6.2 Market Forecast
9.3.7 Others
 9.3.7.1 Market Trends
 9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
 9.4.1.1 Market Trends
 9.4.1.2 Market Forecast
9.4.2 Mexico
 9.4.2.1 Market Trends
 9.4.2.2 Market Forecast
9.4.3 Others
 9.4.3.1 Market Trends
 9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10  SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11  Value Chain Analysis
12  Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13  Price Analysis
14  Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Arlanxeo
 14.3.1.1 Company Overview
 14.3.1.2 Product Portfolio
14.3.2 Carlisle Companies Incorporated
 14.3.2.1 Company Overview
 14.3.2.2 Product Portfolio
 14.3.2.3 Financials
 14.3.2.4 SWOT Analysis
14.3.3 Dow Inc.
 14.3.3.1 Company Overview
 14.3.3.2 Product Portfolio
 14.3.3.3 Financials
 14.3.3.4 SWOT Analysis
14.3.4 Exxon Mobil Corporation
 14.3.4.1 Company Overview
 14.3.4.2 Product Portfolio
 14.3.4.3 Financials
 14.3.4.4 SWOT Analysis
14.3.5 Firestone Building Products (Holcim Group)
 14.3.5.1 Company Overview
 14.3.5.2 Product Portfolio
14.3.6 Jilin Xingyun Chemical Co. Ltd.
 14.3.6.1 Company Overview
 14.3.6.2 Product Portfolio
14.3.7 Johns Manville (Berkshire Hathaway Inc.)
 14.3.7.1 Company Overview
 14.3.7.2 Product Portfolio
14.3.8 Kumho Polychem (Kumho Petrochemical Co. Ltd)
 14.3.8.1 Company Overview
 14.3.8.2 Product Portfolio
14.3.9 Lion Elastomers
 14.3.9.1 Company Overview
 14.3.9.2 Product Portfolio
14.3.10 Mitsui Chemicals Inc.
 14.3.10.1 Company Overview
 14.3.10.2 Product Portfolio
 14.3.10.3 Financials
 14.3.10.4 SWOT Analysis
14.3.11 West American Rubber Company LLC
 14.3.11.1 Company Overview
 14.3.11.2 Product Portfolio

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