MARKET OVERVIEW
Ethylene Propylene Diene Monomer (EPDM) is a type of synthetic rubber that is used in various applications due to its exceptional weather resistance, heat resistance, chemical resistance, and electrical insulation properties. The EPDM market is growing due to the increasing demand for EPDM in various end-use industries, including building and construction, automotive, electrical and electronics, and others. The growing demand for EPDM in these industries is anticipated to surge the growth of the ethylene propylene diene monomer market in the future. Additionally, the increasing trend towards sustainability and the use of eco-friendly materials is also expected to drive the growth of the ethylene propylene diene monomer market as EPDM is a sustainable and environmentally friendly material.
MARKET DYNAMICS
The ethylene propylene diene monomer market is anticipated to grow in the forecast period owing to the increasing use of EPDM for plastic modifications applications coupled with surging demands for elastomers. Besides, EPDM is fast replacing polyvinyl chloride (PVC) and other thermoplastics in the automotive and construction industry on account of the increasing focus on environment-friendly and high-value products. This factor further boosts the growth of the ethylene propylene diene monomer market. However, price pressures due to the oversupply of EPDM pose a significant threat to the ethylene propylene diene monomer market. On the other hand, the development of bio-based EPDM is likely to showcase substantial growth opportunities to the key players involved in the ethylene propylene diene monomer market during the forecast period.Â
MARKET SCOPE
The "Global Ethylene Propylene Diene Monomer (EPDM) Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of ethylene propylene diene monomer market with detailed market segmentation by application and geography. The global ethylene propylene diene monomer market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading ethylene propylene diene monomer market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global ethylene propylene diene monomer market is segmented on the basis of application as automotive, building & construction, plastic modifications, tires & tubes, wires & cables, lubricant additives, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global ethylene propylene diene monomer market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The ethylene propylene diene monomer market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting ethylene propylene diene monomer market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the ethylene propylene diene monomer market in these regions.
MARKET PLAYERS
The reports cover key developments in the ethylene propylene diene monomer market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from ethylene propylene diene monomer market are anticipated to lucrative growth opportunities in the future with the rising demand for ethylene propylene diene monomer in the global market. Below mentioned is the list of few companies engaged in the ethylene propylene diene monomer market.
The report also includes the profiles of key ethylene propylene diene monomer companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Exxon Mobil Corporation
- Firestone Building Products Company, LLC
- Kumho Polychem
- Lion Elastomers
- Mitsui Chemicals, Inc.
- PetroChina Company Limited
- SK global chemical Co., Ltd.
- Sumitomo Chemical Co., Ltd.
- The Dow Chemical Company
- Versalis S.p.A. (Eni S.p.A)