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 global Ethylene Propylene Diene Monomer (EPDM) market is valued at 3200 million US$ in 2018 is expected to reach 4830 million US$ by the end of 2025, growing at a CAGR of 5.3% during 2019-2025.
This report focuses on Ethylene Propylene Diene Monomer (EPDM) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Ethylene Propylene Diene Monomer (EPDM) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Lanxess
ExxonMobil
DOW
SK Chemical
JSR/Kumho
Sumitomo
Lion Elastomers
MITSUI
PJSC Nizhnekamskneftekhim
SABIC
Eni (Polimeri Europa)
SSME
Jilin Xingyun Chemical
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Solution Polymerization
Suspension Polymerization
Segment by Application
Automotive Industry
Building & Construction
Wires & Cables
Other
Summary:
Get latest Market Research Reports on Ethylene Propylene Diene Monomer (EPDM). Industry analysis & Market Report on Ethylene Propylene Diene Monomer (EPDM) is a syndicated market report, published as Global Ethylene Propylene Diene Monomer (EPDM) Market Research Report 2019. It is complete Research Study and Industry Analysis of Ethylene Propylene Diene Monomer (EPDM) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.