EthylenePropylene-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 growth, driven by increased demand across automotive and construction sectors. In 2023, the market size is estimated at approximately $6.5 billion, with a projected CAGR of around 5.2% through 2030, reflecting a rise in applications and advancements in production technologies.
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Companies Covered
(Covid 19 Impact Covered)
◍ Lanxess
◍ ExxonMobil
◍ DOW
◍ 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, DOW, SK Chemical, and others, focusing on innovation and expanding production capacity. They enhance market growth through strategic investments and product development. Notable sales revenues include:
- DOW: ~$38 billion
- ExxonMobil: ~$413 billion
- SABIC: ~$40 billion
These figures reflect robust market presence. Request Sample Report
Market Segmentation
By Application
By Product
Solution Polymerization
Suspension Polymerization ◍ Automotive Industry ◍ Building & Construction ◍ Wires & Cables
Others
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Market Growth
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$ X Billion USD
