Ethylene Propylene Diene Monomer Market Share, Industry Report, Latest Trends, Business Analysis 2022-2027

According to the latest report by IMARC Group, titled “Ethylene Propylene Diene Monomer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global ethylene propylene diene monomer market share. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global ethylene propylene diene monomer (EPDM) market size reached a value of US$ 4.61 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 6.32 Billion by 2027 exhibiting a CAGR of 5.10% during 2022-2027.

Ethylene propylene diene monomer (EPDM) refers to a flexible synthetic rubber with unique performance properties. It is a copolymer of ethylene, propylene, and diene monomers produced via the suspension, solution, or gas-phase polymerization processes. It is commonly used in radiators, drain tubes, belts, window and door seals, tubing, roofing membrane, non-slip coatings, and trunk seals. It offers better durability, greater metal bonding, and higher tear strength than silicon. As a result, EPDM finds extensive applications across the construction, automotive, manufacturing, and electrical and electronics industries.

Download PDF Sample for more detailed market insights: https://www.imarcgroup.com/ethylene-propylene-diene-monomer-market/requestsample

Ethylene Propylene Diene Monomer Market Trends and Drivers:

The global ethylene propylene diene monomer market is primarily driven by the surging product adoption in heating, ventilation, and air conditioning (HVAC) applications due to its high heat and water resistance and electrical insulation.

Moreover, numerous product innovations, including the development of bio-based EPDM that offers excellent oil resistance, metal adhesion, and temperature flexibility and helps reduce carbon footprints, are positively influencing the market growth. Additionally, the rising use of EPDM in building and construction applications such as podium decks, swimming pools, basements, and roofing solutions owing to their high cost-efficiency and flexibility is another major growth-inducing factor.

Furthermore, the increasing product utilization in cable jacketing, suspension bellows, plugs, molded seals, tubing, and air ducts is contributing to the market growth. Other factors, including ongoing research and development (R&D) activities, rapid growth in the automotive industry, and inflating consumer disposable incomes, are also anticipated to create a favorable market outlook.

Global Ethylene Propylene Diene Monomer Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Ethylene Propylene Diene Monomer Companies:

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.

The report has segmented the market on the basis of region, 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

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=5132&flag=C

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800