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Ethylene Propylene Diene Monomer Manufacturing Market worth 7.3% CAGR by 2028

Bengaluru, July – Ethylene propylene diene monomer (EPDM), a kind of synthetic rubber, is majorly used in automotive, roofing and plastic modification applications. Ethylene propylene diene monomer is used in the production of thermoplastic vulcanizates (TPVs), a highly prominent type of thermoplastic elastomer. TPVs are polymeric compounds which feature elastomeric properties over a vast temperature range and thermoplastic behavior at melting temperature.

The EPDM is a synthetic rubber with superior properties like weather resistance, aging resistance, and electrical insulation. The rising demand for synthetic rubber in various applications across industries drives the ethylene propylene diene monomer manufacturing market. Further, the construction industry uses EPDM in roofing membranes, waterproofing materials, and sealing applications. The global construction boom, including infrastructure development and renovation projects, fuels the demand for EPDM.

The continued growth of the automotive industry, especially in electric vehicles (EVs), presents significant opportunities for EPDM manufacturers. EPDM is used in various automotive components such as weather-stripping, gaskets, and hoses, and the rising adoption of EVs increases the demand for these components. In addition, as infrastructure projects, including road construction, bridges, and buildings, continue to expand globally, the demand for EPDM-based products for waterproofing, roofing, and sealing applications increases. Infrastructure development presents substantial opportunities for EPDM manufacturers.

The Ethylene Propylene Diene Monomer Manufacturing Market research report titled as “Ethylene Propylene Diene Monomer Manufacturing Market by Type, Application and Geography – Forecast up to 2028

Few leading companies of the market are Arlanxeo, Carlisle Companies Incorporated, Dow Inc., Exxon Mobil Corporation, and Firestone Building Products (Holcim Group).

Asia Pacific region is dominating the global ethylene propylene diene monomer market. The region is projected to continue its dominance in the forecast period, owing to the surging demand for EPDM in several applications most prominently in automotive industry and allied end-user industries in the region.

The report consists of —- Tables 76 and charts 46 depicting the in-depth market study and the impact analysis of COVID-19 by Vendor name. View detailed TOC here.

Ethylene Propylene Diene Monomer Manufacturing Market by Type:

  • Solution Polymerization
  • Suspension Polymerization

Ethylene Propylene Diene Monomer Manufacturing Market by Application:

  • Building and Construction
  • Automotive
  • Tubes and Tires
  • Plastic Modifications
  • Cables and Wires
  • Lubricant Additives
  • Others

Ethylene Propylene Diene Monomer Manufacturing Market by Geography:

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Read More from our Ethylene Propylene Diene Monomer Manufacturing Market report.

 

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