Ethylene Propylene Diene Monomer Manufacturing Market by Type (Solution Polymerization and Suspension Polymerization), Application (Building & Construction, Automotive, Tubes & Tires, Plastic Modifications, Cables & Wires, Lubricant Additives and Others)

Ethylene Propylene Diene Monomer Manufacturing Market by Type (Solution Polymerization and Suspension Polymerization), Application (Building & Construction, Automotive, Tubes & Tires, Plastic Modifications, Cables & Wires, Lubricant Additives and Others) and Geography (North America, Europe, APAC and Rest of the World) - Forecast up to 2028

EPDM or Ethylene Propylene Diene Monomer is a high-density synthetic rubber and is very resistance in nature. EPDM is mostly suitable for the purpose of electrical insulation, gaskets and for lamination. It has great resistance to solvents, tearing, abrasives and temperatures. EPDM can be finished to a particularly smooth surface. EPDM is made from petroleum-derived raw materials, such as ethylene and propylene. It’s a synthetic rubber of high density distinguished by a strong resistance to heat, ozone, fluids and oxidized chemicals. EPDM is widely used in the automotive sector for making weather-stripping, seals, gaskets, and hoses. The growth of the automotive industry, especially in emerging markets, drives the demand for EPDM. Apart from that, the oversupply of EPDM in the market and availability of alternatives for the EPDM are the constraints for the market. The Ethylene Propylene Diene Monomer Manufacturing Market is anticipated to grow at the rate of 4.2% CAGR by 2028.

Ethylene Propylene Diene Monomer Manufacturing Market by Type

• Solution Polymerization
• Suspension Polymerization

Ethylene Propylene Diene Monomer Manufacturing Market by Application

• Building and Construction
• Automotive
• Tubes and Tires
• Plastic Modifications
• Cables and Wires
• Lubricant Additives
• Others

Ethylene Propylene Diene Monomer Manufacturing Market by Geography

• North America
• Europe
• Asia Pacific
• Rest of the World

As per the type the ethylene propylene diene monomer manufacturing market is bifurcated into solution polymerization and suspension polymerization. The solution polymerization type is expected to register a rapid growth in the forecast period. This is due to the factors such as high efficiency, lower capital cost and others. The industrial solution polymerization processes are usually used to make polymers with special characteristics. The chemical reaction which takes place between the monomer and catalyst can result in unique properties to the end product. One such example of this type of polymer is sodium polyacrylate, the outstandingly absorbent polymer used in disposable baby diapers.

On the basis of application, the ethylene propylene diene monomer manufacturing market is divided into building and construction, automotive, tubes and tires, plastic modifications, cables and wires, lubricant additives and others. The usage of ethylene propylene diene monomer in the automotive industry across the world is majorly due to its high heat and weather resistance and vibration absorbing properties. It is because of these properties the ethylene propylene diene monomer is also utilized in several applications such as body sealing, hoses, mechanical goods for under-hood applications, weather-stripping, engine mounts, belts, brake parts, windshield wipers, etc. The EPDM is witnessing an increasing demand in these applications since it provides a non-reflective and premium-quality finish.

Further based on the geography, the market regions are divided into North America, Europe, Asia Pacific and rest of the world. The Asia Pacific region registered for the highest market share of the ethylene propylene diene monomer manufacturing market owing to the great product demand from major industrial sector including automotive, building & construction, and electrical & electronics. Over the past few years, the manufacturing industry in the Asia Pacific has been attracting substantial investments from leading MNCs.

Moreover, the globally rising adoption of electric vehicles worldwide is driving the demand for ethylene propylene diene monomer in the automotive industry. Ethylene propylene diene monomer is used in EV components like seals and gaskets due to its excellent electrical insulation properties, contributing to the global ethylene propylene diene monomer manufacturing market's growth. Further, the revolution of electric vehicles also a key trend fueling the global ethylene propylene diene monomer manufacturing market.

The report includes the key competitors such as 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 and Mitsui Chemicals Inc.

Henceforth, the ethylene propylene diene monomer is playing major role in the expanding automotive industry as well as in the construction and building industry due to its exceptional properties. With very static chemical properties which offer remarkable weathering resistance and remarkable performance, EPDM continues to obtain popularity.

• This report provides the market drivers, restraints and opportunities along with the neutral perspective on the market performance.
• Present market trends and developments and potential & niche segments and regions exhibiting promising growth are covered in this report.
• Competitive outlook & strategies of key players in the market are also mentioned in the study.
• This report depicts the past, current and estimated market size, in terms of value.