Ethylene Propylene Diene Monomer (EPDM)
Market
Ethylene Propylene Diene Monomer (EPDM) Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Ethylene Propylene Diene Monomer (EPDM) Market
Size and Growth
The Ethylene Propylene Diene Monomer (EPDM) market is experiencing steady growth due to increasing demand in automotive, construction, and industrial applications. The market size is projected to reach approximately $7 billion by 2025, driven by advancements in material properties and expanding production capacities across key regions. Sustainable practices further enhance market potential.
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Companies Covered (Covid 19 Impact Covered)
◍ Lanxess
◍ ExxonMobil
◍ DuPont
◍ SK Chemical
◍ JSR/Kumho
◍ Sumitomo
◍ Lion Elastomers
◍ MITSUI
◍ PJSC Nizhnekamskneftekhim
◍ SABIC
◍ Eni (Polimeri Europa)
◍ SSME
◍ Jilin Xingyun Chemical
The EPDM market features key players like Lanxess, ExxonMobil, and DuPont, focusing on diverse applications such as automotive and roofing. Innovations and strategic partnerships enhance growth. Notable sales figures include:
- DuPont: $21 billion (2022)
- ExxonMobil: $413 billion (2022)
- SABIC: $40 billion (2022)
These companies drive market expansion through product development and technological advancements. Request Sample Report
Market Segmentation
By Application
By Product
◍ Solution Polymerization
Suspension Polymerization ◍ Automotive Industry ◍ Building & Construction
◍ Wires & Cables ◍ Other
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Market Growth
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$ X Billion USD
