EPDM Market (Ethylene Propylene Diene Monomer) by Application and Geography — 2019 MarketsandMarkets

EPDM Market (Ethylene Propylene Diene Monomer) by Application and Geography - 2019 MarketsandMarkets

This report includes six different applications of EPDM that are automotive, building & construction, plastic modification, wires & cables, lubricant additives and tires & tubes. EPDM is a synthetic rubber and is known for their outstanding resistance to heat, ozone, weather, polar substances, and have excellent electrical insulation properties. EPDM is widely used in automotive applications and roofing systems. Automotive industry is the largest consumer of EPDM. It is used in the manufacturing of seals, washers, glass-run channels, radiators, garden and appliance hose, tubing, pond liners, belts, electrical insulation, vibrators, O-rings, solar panel heat collectors, UV protection and speaker cone surrounds, electrical wire & cable jackets, roofing membranes.

The EPDM market is about to grow at a CAGR of 6.59% between 2014 and 2019 and is expected to generate the global market size in terms of value with $7.46 billion by 2019.

The global market for EPDM is increasing owing to the factors such as:

  • Resurgent global automotive industry
  • Sustained demand in China
  • Increasing demand for modified elastomers

About the market

The global EPDM market has grown significantly during the last few years and it is expected to grow at a rapid pace in the next five years, and is mainly driven by a growing consumption in the Asia-Pacific region.

Asia-Pacific is the largest and fastest growing consumer of EPDM across the world. The EPDM market in Asia-Pacific is expected to grow with a CAGR of 7.78% between 2014 and 2019. China, Japan, South Korea, Thailand, and India are the major EPDM markets in Asia-Pacific. Other markets in this region include Malaysia, Indonesia, Singapore, and Taiwan. The demand for EPDM in these markets is fueled by demand from the end-user industries such as automotive, building & construction, plastic modification, wires & cables, lubricant additives, and tires & tubes.

This study estimates the global EPDM market for 2013 and projects the expected demand of the same by 2019. This market research study provides detailed qualitative and quantitative analysis of the global EPDM market. The report provides a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, challenges, and key issues in the market. The market is further, segmented and forecasted based on major regions (North America, Europe, Asia-Pacific and Rest of the World) that include key growth markets such as China and India in the Asia-Pacific region. Major countries with the market size in terms of volume and value are covered for each of the regions. The report also covers present production capacity outlook and forecast of upcoming capacities by 2019. Various secondary sources, such as encyclopedia, directories, and databases have been used to identify and collect information for this extensive commercial study of EPDM market. The primary sources; experts from related industries and suppliers, have been interviewed to obtain and verify critical information as well as to assess the future prospects of EPDM.

Competitive scenario and market share of the top players in the EPDM market has been discussed in detail. The top players of the industry are profiled in detail with their recent developments and other strategic industry activities. These include LANXESS (Germany), ExxonMobil Chemical (U.S.), Dow Elastomer (U.S.), Mitsui Chemical (Japan), Kumho Polychem (South Korea), Lion Copolymer (U.S.), Versalis (Italy), JSR Corporation (Japan), Jilin Chemical (China), SK Global Chemical (Japan), NizhnekamskNeftekhim Inc (Russia), Sumitomo (Japan), and so on.

Scope of the report:

This research report categorizes the global market for EPDM on the basis of applications and region; forecasting market size in terms of volume and value, and analyzing trends in each of the submarkets.

On the basis of applications: The EPDM market is segmented on the basis of industry applications such as automotive, building & construction, plastic modification, wires & cables, lubricant additives, tires & tubes, and others. Each application is further described in detail in the report with volumes and values forecasted for each application.

On the basis of region: The global EPDM market is segmented into four regions, North America, Europe, Asia-Pacific, and RoW. Key countries include the U.S. Mexico, Germany, France, Russia, the U.K. China, India, Japan, South Korea, and Brazil.

Table of Contents

1 Introduction (Slide No. — 15)

1.1 Objectives of the Study

1.2 Report Description

5 Market Overview (Slide No. — 33)

5.2 Market Dynamics

5.2.1 Drivers

EPDM Market (Ethylene Propylene Diene Monomer) by Application and Geography - 2019 MarketsandMarkets Resurgent Global Automotive Industry Sustained Demand in China Increasing Demand for Modified Elastomers

5.2.2 Restraints Environment Friendly Substitutes Retarding EPDM Growth in the Building & Construction Industry Higher Environmental Impact Restricting EPDM Growth

5.2.3 Opportunities Eco-Friendly Manufacturing Technology for EPDM Growing Use for Plastic Modification Applications

5.2.4 Challenges Demand Supply Gap in the Emerging Apac Markets Leading to Disproportionate Prices Increase

5.3 Winning Imperatives

5.3.1 Capacity Expansion in Asia-Pacific & Neighboring Markets

5.3.2 Growing Interest in Environment Friendly & Premium Products Focus on New, High-Value Products, Mainly Green Technology

6.4.4 Suppliers’ Power

6.4.5 Degree of Competition

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