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EPDM Market By Application (Building & Construction, Wiring & Cables, Electrical & Electronics, Lubricant Additives, Plastic Modifications, Automotive, Tires & Cables, etc.): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026

Covid-19

Global EPDM Market Size, Share

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Industry Insights

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the EPDM industry. The report analyzes and declares the historical and current trends analysis of the EPDM industry and subsequently recommends the projected trends anticipated to be observed in the EPDM market during the upcoming years.

The EPDM market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire EPDM market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Tons) and value (USD Million) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the EPDM industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the EPDM industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the EPDM market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the EPDM industry. The EPDM market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the EPDM sector. Key strategic developments in the EPDM market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the EPDM market are appropriately highlighted in the report.

EPDM is a type of synthesis rubber with powerful heat and ozone known as ethylene propylene diene monomer rubber. EPDM is a synthetic elastomer that is made in combination with the pendant diene to link polymer to ethylene and a copolymer of propylene.The product is used in hydraulic braking systems, tubing, wire and cable harness, belts, fencing spacers, radiators, weather stripping & screens, in the automotive industry. It is also used for interior furnishing. It is resistant against synthetic brake fluids, mild acids, water, glycol, and other fluids.

In automotive and construction industries demand for synthetic rubber is increasing, as well as increased construction activities, which are likely to drive the market for EPDM. Increasing consumer disposable income and the growth of the Ethylene Propylene Diene Monomer market are further driving the market. Superior mechanical and thermal characteristics make the product preferable. Additionally, upgrading plastic modification technology contributes to the growth of the EPDM market. Major companies are focusing on the manufacture of innovative EPDM to reduce their negative environmental impact. EPDM possesses various properties like vibration to absorb, weather-resistant, and high heat. Furthermore, major industries tending towards to use innovative EPDM may produce lucrative opportunities in the EPDM market.

The EPDM market research report delivers an acute valuation and taxonomy of the EPDM industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the EPDM industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the EPDM industry is provided for the leading economies of the world.

The EPDM market is segmented based on the application.  Based on the application, the global ethylene propylene diene monomer (EPDM) can be bifurcated into electrical & electronics, building & construction, and wires & cables.

Some of the essential players operating in the EPDM market, but not restricted to include ExxonMobil Mitsui Chemicals Inc., Chemical Company, SK Global Chemical Co. Ltd, Dow Elastomers, John Manville Inc., JSR Corporation, PetroChina Co. Ltd, Lanxess AG, Carlisle Companies Inc., KumhoPolychem Co. Ltd, and others.

logoThe taxonomy of the EPDM industry by its scope and segmentation is as follows:

logo By Application Segmentation Analysis

  • Building & Construction
  • Wiring & cables
  • Electrical & electronics
  • Lubricant additives
  • Plastic modifications
  • Cars
  • Tires & cables

logo Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Covid-19

EPDM Market

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logoKey Insights from Primary Research

  • According to the primary researcher operating in the global EPDM market, the market was valued at USD 4 billion and is expected to be valued over USD 7 billion.
  • The EPDM market is predicted to witness a significant growth of nearly 5% during 2020-2026.
  • By application analysis, the lubricant additive segment-headed the market in 2019 and it is expected to grow over the forecast period owing to its use as a lubricant additive to improve the index and performance of viscosity in changing weather and temperatures.
  • By geography, Asia Pacific is expected to be the fastest-growing market for EPDM during the years to come due to increasing demand from major industries.
  • The automotive industry is also expected to grow owing to the consumption of EPDM in the automotive sector.

logoKey Recommendations from Analysts

  • Our analysts recommend that china is anticipated to boost the EPDM market owing to the increasing manufacturing of EPDM products and low labor in this region.
  • Due to EPDM is use windshield, body stripping, engine mounts, brake parts, etc, its demand is anticipated to increase in the automotive industry.
  • The North America region is expected to boost the EPDM market owing to the use of EPDM in various industries.
  • The building and construction segment is anticipated to grow over the forecast year due to the use of EPDM in the roofing membrane in the low-slope buildings.
  • Major industries, including automobiles and plastics, prefer to use innovative EPDM due to environmental concerns. These parameters may produce lucrative opportunities in the EPDM market.

logoMarket Attractiveness By Application Analysis

logoEPDM Market

Covid-19

EPDM Market

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Major Market Players

  •  ExxonMobil Chemical Company
  •  SK Global Chemical Co. Ltd
  •  PetroChina Co. Ltd
  •  Mitsui Chemicals Inc.
  •  DoW Elastomers
  •  John Manville Inc.
  •  JSR Corporation
  •  Lanxess AG
  •  Carlisle Companies Inc.
  •  KumhoPolychem Co. Ltd

Frequently Asked Questions

Strict enforcement of laws by government authorities mandating EPDM Market.
According to Facts and Factors research report, the global EPDM Market accrued earnings worth approximately XX (USD Billion) in 2020 and is predicted to gain revenue of about XX(USD Billion) by 2028, is set to record a CAGR of nearly XX% over the period from 2021 to 2028.
North America will contribute lucratively towards the global market value over the estimated timeline. The regional market surge is subject to large-scale presence of giant participants in countries such as the U.S. Apart from this, favorable compensation policies along with high acceptance of new EPDM Market will drive regional market trends. With regional governments enforcing strict laws pertaining to drug abuse, the market for EPDM Market in North America is set to witness exponential growth over years to come. Legalization of cannabis in countries such as Canada and U.S. through passing of acts in parliament is likely to enlarge scope of EPDM Market in North America over coming decade.
The key market participants include xx, xx, xx
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