Global Ethylene Propylene Diene Rubber (EPDM) Sales Market Report 2023

Ethylene Propylene Diene Rubber Market

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.

Due to the COVID-19 pandemic, the global Ethylene Propylene Diene Rubber (EPDM) market size is estimated to be worth US$ 3822 million in 2022 and is forecast to a readjusted size of US$ 4552.6 million by 2029 with a CAGR of 2.5% during the forecast period 2023-2029.

Fully considering the economic change by this health crisis, Solution Polymerization accounting for % of the Ethylene Propylene Diene Rubber (EPDM) global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029.

While Automotive Industry segment is altered to an % CAGR throughout this forecast period.

Ethylene Propylene Diene Rubber Market Share

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%. The top four companies occupied about 65% production share of the market.

North America is the dominate producer of Ethylene Propylene Diene Monomer (EPDM), accounting for about 35% of the total amount, followed by Europe, with the production market share of 24%.

The global Ethylene Propylene Diene Rubber (EPDM) market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Ethylene Propylene Diene Rubber (EPDM) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.

By Type

• Solution Polymerization
• Suspension Polymerization

By Application

• Automotive Industry
• Building & Construction
• Wires & Cables
• Others

By Region

• United States
• Europe
• China
• Japan
• Southeast Asia
• India
• Other Regions

By Company

• Lanxess
• ExxonMobil
• DOW
• SK Chemical
• JSR/Kumho
• Sumitomo
• Lion Elastomers
• MITSUI
• PJSC Nizhnekamskneftekhim
• SABIC
• Eni (Polimeri Europa)
• SSME
• Jilin Xingyun Chemical