Learn about the global ethylene propylene (EPDM ) market through The Business Research Company, which provides information on EPDM market size, EPDM market drivers and restraints, EPDM market players, the COVID-19 impact on the EPDM market, and more.

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The global ethylene propylene (EPDM) market is expected to grow from $7.62 billion in 2020 to $9.52 billion in 2021 at a compound annual growth rate (CAGR) of 24.9%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $11.9 billion in 2025 at a CAGR of 6%.

Use of ethylene propylene across various industries are expected to drive innovation in ethylene propylene (EPDM ) manufacturing, thus driving the market during the forecast period.

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The ethylene propylene market consists of sales of ethylene propylene and related services. Ethylene propylene is a type of synthetic rubber formed as a terpolymer of ethylene, propylene, and a diene-component. It is resistant to heat and electricity and is non-reactive towards acids and alkali compounds. Industrial applications include weather-stripping and seals, glass-run channels, radiators, garden and appliance hoses, tubing, belts, electrical insulation, roofing membranes, rubber mechanical goods, plastic impact modification, thermoplastic vulcanizates and motor oil additive applications.

Global Ethylene Propylene (EPDM ) Market Segments Include:

By Product Type: Solution Polymerization, Suspension Polymerization

By Application: Automotive, Building & Construction, Plastic Modification, Lubricant Additive, Wires & Cables, Tires & Tubes

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The increasing demand for ethylene propylene diene monomer (EPDM) rubber produced from bio-based feedstock acts as a key trend driving the growth of the EPDM market. Renewable EPDM rubber uses raw materials such as sugar and glycerine to replace traditional feedstock such as isoprene and butadiene in synthetic rubber production to reduce greenhouse emissions and to achieve sustainability.

TBRC’s ethylene propylene (EPDM ) market report covers:

Major Market Players: The Dow Chemical Company, Exxon Mobil Corporation, Johns Manville, Inc., KUMHO POLYCHEM, Lanxess AG, Lion Elastomers, LLC, Mitsui Chemicals, Inc., SK Global Chemical Co., Ltd., Sumitomo Chemical Co., Ltd., Versalis S.p.A., JSR Corporation, SABIC, Eni (Polimeri Europa), SSME, Jilin Xingyun Chemical, Lion Copolymer LLC, PetroChina Company Limited, PJSC Nizhnekamskneftekhim, BASF SE (Germany), China Petroleum and Chemical Corporation (China), PolyOne Corporation (The U.S.), Carlisle Companies Inc., OAO Nizhnekamskneftekhim, Rubber Engineering & Development Company (REDCO), Firestone Building Products Company, LLC, Warco Biltrite.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Ethylene Propylene (EPDM) Global Market Report 2021: COVID-19 Impact And Recovery to 2030 is one of a series of new reports from The Business Research Company that provides ethylene propylene (EPDM ) market overviews, analyses and forecasts market size, share, EPDM market players, EPDM market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s ethylene propylene (EPDM ) market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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