Ethylene Propylene Diene Monomer (EPDM) Market Share, Size, Trends, Industry Analysis Report, By Product; By Manufacturing Process (Solution Polymerization Process, Slurry/Suspension Process, Gas-phase Polymerization Process); By End-Use; By Region; Segment Forecast, 2023 - 2032
The global EPDM Market size is expected to reach USD 6,135.45 million by 2032, according to a new study by Polaris Market Research. The report “Ethylene propylene diene monomer (EPDM) Market Share, Size, Trends, Industry Analysis Report, By Product; By Manufacturing Process (Solution Polymerization Process, Slurry/Suspension Process, Gas-phase Polymerization Process); By End-Use (Building & Construction, Wires & Cables, Electrical & Electronics, Lubricant Additive, Plastic Modifications, Automotive, Tires & Tubes, Others); By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The Global EPDM is a versatile synthetic rubber that finds extensive usage in various industrial applications globally. Its excellent properties, such as weather resistance, temperature resistance, chemical resistance, and durability, make it a preferred choice in automotive, construction, electrical, and other industries. EPDM has widespread geographic usage, with significant demand expected to come from Asia Pacific due to the growing industrial activities in the region. As industries continue to demand high-performance rubber materials, the demand for EPDM is expected to grow in the foreseeable future.
EPDM is primarily used in automotive, construction, electrical, and industrial applications. In the automotive industry, EPDM is used for weatherstripping, seals, hoses, and gaskets due to its superior weather resistance, temperature resistance, and durability. In the construction industry, EPDM is used for roofing membranes, window seals, and waterproofing applications due to its excellent resistance to UV radiation, ozone, and weathering. In the electrical industry, EPDM is used for insulation and sealing applications due to its good electrical insulation properties. In industrial applications, EPDM is used for conveyor belts, grommets, hoses, and other sealing applications due to its excellent chemical resistance and mechanical properties.
EPDM is also widely used in other industries such as aerospace, marine, consumer goods, and healthcare, among others. In the aerospace industry, EPDM is used for seals and gaskets in aircraft components due to its high temperature resistance and low gas permeability. In the marine industry, EPDM is used for seals, gaskets, and hoses in boats and ships due to its excellent resistance to saltwater and UV radiation. In consumer goods, EPDM is used for various applications such as grips, gaskets, and seals in household appliances, sports equipment, and toys. In the healthcare industry, EPDM is used for medical tubing and seals due to its biocompatibility and resistance to sterilization methods.
Global EPDM Market Report Highlights
The Arrangement Polymerization Interaction is one of the usually involved techniques for creating EPDM. In this cycle, the monomers (ethylene, propylene, and a diene) are broken down in a dissolvable and polymerized utilizing an impetus Arrangement Polymerization Cycle is one of the normally involved strategies for creating EPDM. The monomers (ethylene, propylene, and diene) are dissolved in a solvent and used as a catalyst to polymerize.
The automotive industry is flourishing in the Asia-Pacific region. China, Japan, South Korea, and India are among the world's largest automobile manufacturing centers in the Asia-Pacific region.
The global players include Arlanxeo, Carlisle Companies, DOW Inc., ExxonMobil Corporation, Jilin Xingyun Chemical, JSR Corporation, Lanxess, Lion Elastomers, LLC., Mitsui Chemicals, Inc., PetroChina Company Limited, PJSC, SABIC, SK Global Chemical Co., Ltd., Sumitomo Chemical Co., Ltd., Versalis S.p. A.
Polaris Market Research has segmented the Global EPDM Market report based on Product, Manufacturing Process, End-Use and region:
Global EPDM Market, Product Outlook (Revenue, USD Million, 2019-2032)
Hoses
Seals & O-Rings
Gaskets
Rubber Compounds
Roofing Membranes
Connectors and insulators
Weather Stripping
Others
Global EPDM Market, Manufacturing Process Outlook (Revenue, USD Million, 2019-2032)
Solution Polymerization Process
Slurry/Suspension Process
Gas-phase Polymerization Process
Global EPDM Market, End-Use Outlook (Revenue, USD Million, 2019-2032)
Building & Construction
Wires & Cables
Electrical & Electronics
Lubricant Additive
Plastic Modifications
Automotive
Tires & Tubes
Others
Global EPDM Market, Regional Outlook (Revenue - USD Million, 2019-2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa