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How large is the ethylene propylene (epdm) market, and what is its growth trajectory?
The ethylene propylene (EPDM) market size has grown rapidly in recent years. It will grow from $7.66 billion in 2024 to $8.53 billion in 2025 at a compound annual growth rate (CAGR) of 11.5%. The growth in the historic period can be attributed to automotive industry, Metal & Construction and building materials, Energy & Power, consumer goods.
The ethylene propylene (epdm) market size is expected to see strong growth in the next few years. It will grow to $12.29 billion in 2029 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to renewable energy infrastructure, automotive electrification, green and sustainable materials, oil and gas sector. Major trends in the forecast period include bio-based epdm, high-performance formulations, recycled epdm, flexible electronics and conductive applications.
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What are the key forces behind the ethylene propylene (epdm) market’s growth in recent years?
The use of ethylene propylene across various industries contributes to the growth of the ethylene-propylene market. In the automotive industry, EPDM products bond well with metals by providing a well-built barrier against the environment. EPDM possesses properties such as heat resistance, abrasion resistance, oil swell resistance, flame retardance, oxidation, ozone, and weather aging due to its stable, saturated polymer backbone structure. Companies such as BRP manufacturing are providing EPDM for the automotive industry that includes under-the-hood, cabin pressure-equalizing assemblies, interior trim, and striker plate blinds. Thus, the usage of EPDM in different industries is contributing to the EPDM market’s growth.
What are the major segments of the ethylene propylene (epdm) market?
The ethylene propylene (EPDM) market covered in this report is segmented –
1) By Product Type: Solution Polymerization, Suspension Polymerization
2) By Application: Automotive, Building And Metal & Construction, Plastic Modification, Lubricant Additive, Wires And Cables, Tires And Tubes
Subsegments:
1) By Solution Polymerization: High Molecular Weight EPDM, Low Molecular Weight EPDM
2) By Suspension Polymerization: High Viscosity EPDM, Low Viscosity EPDM
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Which companies dominate the ethylene propylene (epdm) market?
Major companies operating in the ethylene propylene (EPDM) market include Dow Chemical Company, Exxon Mobil Corporation, Johns Manville Inc., Kumho Polychem Co. Ltd., Lanxess AG, Lion Elastomers LLC, Mitsui Chemicals Inc., SK Global Chemical Co. Ltd., Sumitomo Chemical Co. Ltd., Versalis SpA, JSR Corporation, Saudi Arabia’s Basic Industries Corporation, SSME, Jilin Xingyun Chemical Co. Ltd., Lion Copolymer Holdings LLC, PetroChina Company Limited, Nizhnekamskneftekhim PJSC, BASF SE, China Petroleum and Chemical Corporation, Avient Corporation, Carlisle Companies Inc., Rubber Engineering & Development Company (REDCO), Firestone Building Products Company LLC, Warco Biltrite, Arlanxeo, Trelleborg Group, Freudenberg Sealing Technologies Limited, Parker Hannifin Corporation, James Walker & Co., ERIKS NV, Kemipex Chemicals Trading LLC, Kismet Rubber Products Corp, Carlisle SynTec Systems, Carlisle SynTec, GenFlex Roofing Systems LLC
What major trends will shape the ethylene propylene (epdm) market during the forecast period?
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 glycerin to replace traditional feedstock such as isoprene and butadiene in synthetic rubber production to reduce greenhouse emissions and to achieve sustainability. For instance, in July 2024, Dow Inc., a US-based materials science company, announced the launch of NORDEL REN EPDM, a bio-based version of its EPDM rubber material. This new product is designed to support automotive, infrastructure, and consumer industries in achieving their sustainability goals by offering a lower-carbon alternative that maintains the same performance as traditional EPDM without requiring requalification . Therefore, renewable EPDM rubber is expected to increase the market share of the EPDM market.
What are the key regional dynamics of the ethylene propylene (epdm) market, and which region leads in market share?
Asia-Pacific was the largest region in the ethylene-propylene market in 2023. Middle East was the second-largest region in the global ethylene-propylene market. The regions covered in the ethylene propylene (EPDM) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Ethylene Propylene (EPDM) Market Report 2025 Offer?
The ethylene propylene (epdm) market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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. Ethylene propylene is used in weather-stripping and seals, glass-run channels, radiators, garden and appliance hoses, tubing, belts, and electrical insulation.
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