EPDM is rising in demand in automotive, construction, and electrical industries as these have exceptional resistance to heat, weather, and ozone as well as durability and flexibility.
The global Ethylene Propylene Diene Monomer (EPDM) Market size was USD 4.2 Billion in 2022 and is expected to reach USD 6.86 Billion in 2032, and register a rapid revenue CAGR of 5.6% during the forecast period. Increasing investment in the automotive sector across emerging economies and usage of EPDM for Plastic modification applications, rising demand for elastomers and emphasis on environment-friendly goods, due to which EPDM is replacing Polyvinyl Chloride (PVC) and other thermoplastics in automotive and construction industries.
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Top Leading Players in Ethylene Propylene Diene Monomer (EPDM) Market:
- ExxonMobil Chemical
- DowDuPont
- Carlisle Companies Inc.
- JSR Corporation
- Lion Elastomers
- Mitsui Chemicals Inc.
- SK Global Chemical Co. Ltd.
- Versalis S.p.A.
- Lanxess AG
- Kumho Polychem Co., Ltd.
Ethylene Propylene Diene Monomer (EPDM) Market Segmentation:
By Product Type Outlook:
- Sheet
- Liquid
- Others
By Application Outlook
- Automotive
- Building & Construction
- Electrical & Electronics
- Plastic Modification
- Others
Key Regional Markets Covered in the Report:
North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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