Ethylene propylene diene monomer (EPDM) is a high-density rubber that is very durable. EPDM has some characteristics that make it especially suitable for gaskets, electrical insulation and lamination. EPDM can be finished to an extremely smooth surface. EPDM has great resistance to abrasives, tearing, solvents and high temperatures. EPDM has excellent flexibility at high and low temperatures.
In terms of volume, the production of Ethylene Propylene Diene Monomer (EPDM) was about 1481 K MT in 2017. And it is anticipated to reach 1909 K MT by 2024.
North America is the dominate producer of Ethylene Propylene Diene Monomer (EPDM), the production was 463 K MT in 2017, accounting for about 34.64% of the total amount, followed by Europe, with the production market share of 20.89%. China has the highest production growth rate of 69.82% from 2012 to 2016. With huge space for growth in the Chinese market exists, the quality and technology should be further improved.
The industry concentration of EPDM is very high. Leading players in Ethylene Propylene Diene Monomer (EPDM) industry are Lanxess, ExxonMobil, DOW and JSR/Kumho. Lanxess is the largest manufacturer; with the production market share of 26% in 2017 the top five occupied about 72.88% production share of the market in 2017.
Automotive Industry accounted for the largest market with about 51.33% share of the global consumption in 2017. Moreover, it is anticipated to grow at a CAGR of 6.24% from 2018 to 2024. With over 22.65% share in the Ethylene Propylene Diene Monomer (EPDM) market, Building & Construction was the second largest application market in 2017, and is anticipated to grow at a CAGR of 1.82%, in terms of consumption volume, from 2018 to 2024.
Under the influence of raw material, market competitions and economic conditions, the price of Ethylene Propylene Diene Monomer (EPDM) fluctuate from 2018 to 2024. In the next few years, we predict that price will maintain an uptrend. As competition intensifies, prices gap between different brands will go narrowing.
The report offers detailed coverage of Ethylene Propylene Diene Monomer (EPDM) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Ethylene Propylene Diene Monomer (EPDM) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Ethylene Propylene Diene Monomer (EPDM) market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Ethylene Propylene Diene Monomer (EPDM) market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Lanxess
ExxonMobil
DOW
SK Chemical
JSR/Kumho
Sumitomo
Lion Elastomers
MITSUI
PJSC Nizhnekamskneftekhim
SABIC
Eni (Polimeri Europa)
SSME
Jilin Xingyun Chemical
At the same time, we classify Ethylene Propylene Diene Monomer (EPDM) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Solution Polymerization
Suspension Polymerization
Market by Application
Automotive Industry
Building & Construction
Wires & Cables
Other
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Ethylene Propylene Diene Monomer (EPDM) market for the forecast period 2021 - 2025?
• What are the driving forces in the Ethylene Propylene Diene Monomer (EPDM) market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Ethylene Propylene Diene Monomer (EPDM) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?