DUBLIN , June 8, 2022 /PRNewswire/ -- The "Ethylene Propylene Diene Monomer (EPDM) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global ethylene propylene diene monomer (EPDM) market reached a value of US$ 4.61 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$ 6.32 Billion by 2027 exhibiting a CAGR of 5.10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor. Ethylene propylene diene monomer (EPDM) is a versatile synthetic rubber with unique performance properties. It is a copolymer of ethylene, propylene, and diene monomers and is manufactured through suspension, solution polymerization, or gas-phase polymerization processes.
It is commonly used in belts, window and door seals, tubing, roofing membrane, non-slip coatings, radiator, drain tubes, and trunk seals. EPDM exhibits various properties, such as excellent aging, heat, chemical, ozone and weathering resistance, electrical insulation, compression set, and low operating temperatures. As compared to silicon, EPDM offers higher tear strength, durability, and greater bonding with metal, on account of which, it is widely used across the construction, automotive, manufacturing, electrical, and electronics industries. Significant growth in the automotive industry across the globe is creating a positive outlook for the market. EPDM is widely used in cable jacketing, suspension bellows, plugs, molded seals, tubing, and air ducts. Additionally, the increasing product utilization in construction and building applications, such as roofing solutions, basements, swimming pools, and podium decks due to their high flexibility and cost-effectiveness, is favoring the market growth.
Various product innovations, such as the introduction of bio-based EPDM, that offer temperature flexibility, adhesion to metal, and oil resistance are providing an impetus to the market growth. This, in turn, is assisting sectors in reducing carbon footprint, which is acting as another growth-inducing factor.
Furthermore, the increasing product utilization in heating, ventilation, and air conditioning (HVAC) applications, owing to its high electrical insulation and resistance against water and heat, is positively impacting the market growth. Apart from this, rising consumer expenditure capacities and extensive research and development (R&D) activities are anticipated to drive the market further toward growth.
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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. Key Questions Answered in This Report:
Key Topics Covered: 1 Preface 2 Scope and Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Ethylene Propylene Diene Monomer (EPDM) Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast 6 Market Breakup by Manufacturing Process 6.1 Solution Polymerization Process 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Slurry and Suspension Process 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 Gas-Phase Polymerization Process 6.3.1 Market Trends 6.3.2 Market Forecast 7 Market Breakup by Sales Channel 7.1 Direct Sales 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Indirect Sales 7.2.1 Market Trends 7.2.2 Market Forecast 8 Market Breakup by Application 8.1 Automotive 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 Building and Construction 8.2.1 Market Trends 8.2.2 Market Forecast 8.3 Manufacturing 8.3.1 Market Trends 8.3.2 Market Forecast 8.4 Electrical and Electronics 8.4.1 Market Trends 8.4.2 Market Forecast 8.5 Others 8.5.1 Market Trends 8.5.2 Market Forecast 9 Market Breakup by Region 10 SWOT Analysis 11 Value Chain Analysis 12 Porters Five Forces Analysis 13 Price Analysis 14 Competitive Landscape 14.1 Market Structure 14.2 Key Players 14.3 Profiles of Key Players 14.3.1 Arlanxeo 14.3.1.1 Company Overview 14.3.1.2 Product Portfolio 14.3.2 Carlisle Companies Incorporated 14.3.2.1 Company Overview 14.3.2.2 Product Portfolio 14.3.2.3 Financials 14.3.2.4 SWOT Analysis 14.3.3 Dow Inc. 14.3.3.1 Company Overview 14.3.3.2 Product Portfolio 14.3.3.3 Financials 14.3.3.4 SWOT Analysis 14.3.4 Exxon Mobil Corporation 14.3.4.1 Company Overview 14.3.4.2 Product Portfolio 14.3.4.3 Financials 14.3.4.4 SWOT Analysis 14.3.5 Firestone Building Products (Holcim Group) 14.3.5.1 Company Overview 14.3.5.2 Product Portfolio 14.3.6 Jilin Xingyun Chemical Co. Ltd. 14.3.6.1 Company Overview 14.3.6.2 Product Portfolio 14.3.7 Johns Manville (Berkshire Hathaway Inc.) 14.3.7.1 Company Overview 14.3.7.2 Product Portfolio 14.3.8 Kumho Polychem (Kumho Petrochemical Co. Ltd) 14.3.8.1 Company Overview 14.3.8.2 Product Portfolio 14.3.9 Lion Elastomers 14.3.9.1 Company Overview 14.3.9.2 Product Portfolio 14.3.10 Mitsui Chemicals Inc. 14.3.10.1 Company Overview 14.3.10.2 Product Portfolio 14.3.10.3 Financials 14.3.10.4 SWOT Analysis 14.3.11 West American Rubber Company LLC 14.3.11.1 Company Overview 14.3.11.2 Product Portfolio
For more information about this report visit https://www.researchandmarkets.com/r/9axmn9
Research and Markets Laura Wood , Senior Manager press@researchandmarkets.com
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