Los Angeles, CA -- (SBWire) -- 04/17/2019 --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. North America is the dominate producer of Ethylene Propylene Diene Monomer (EPDM), the production was 463 K MT in 2016, accounting for about 35.13% of the total amount, followed by Europe, with the production market share of 24.10%.
China has the highest production growth rate of 69.82% from 2011 to 2016. a 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 26.54% in 2016. The top four companies occupied about 65.64% production share of the market in 2016. Under the influence of raw material, market competitions and economic conditions, the price of Ethylene Propylene Diene Monomer (EPDM) fluctuate from 2017 to 2023. In the next few years, we predict that price will maintain a decline trend.
As competition intensifies, prices gap between different brands will go narrowing. The global Ethylene Propylene Diene Rubber (EPDM) market was 3360 million US$ in 2018 and is expected to 4090 million US$ by the end of 2025, growing at a CAGR of 2.5% between 2019 and 2025. This report studies the Ethylene Propylene Diene Rubber (EPDM) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Ethylene Propylene Diene Rubber (EPDM) in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Lanxess
ExxonMobil
DOW
SK Chemical
JSR/Kumho
Sumitomo
Lion Elastomers
MITSUI
PJSC Nizhnekamskneftekhim
SABIC
Eni (Polimeri Europa)
SSME
Jilin Xingyun Chemical
By the product type, the market is primarily split into
Solution Polymerization
Suspension Polymerization
By the end users/application, this report covers the following segments
Automotive Industry
Building & Construction
Wires & Cables
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Ethylene Propylene Diene Rubber (Epdm) Market Is Expected to 4090 Million Usd by the End of 2025
Ethylene Propylene Diene Rubber (EPDM) Market is a detailed report, which presents a combination of industry knowledge and research expertise based on regions too. This report delivers the market trends along with the market size for every individual sector.