EPDM Market

EPDM Market by application (Automotive, Building & Construction, Plastic Modification, Tires & Tubes, Wires & Cables and Lubricant Additives), Region (North America, Europe, Asia Pacific, Middle East & Africa and South America) - Global Forecast to 2026

Report Code: CH 2669 Apr, 2021, by marketsandmarkets.com

[221 Pages Report] The global EPDM market size is estimated to be USD 2.5 billion in 2021 and is projected to reach USD 3.6 billion by 2026, at a CAGR of 7.2% between 2021 and 2026. The EPDM market is driven by recovery of automotive sector during the forecast period.  APAC is dominating region for automotive sector in the countries like China, India, Japan and other Southeast Asian countries.

EPDM Market

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COVID-19 impact on the global EPDM market

In 2020, the EPDM market declined by 12.9% in terms of volume, compared to 2019, due to COVID-19 pandemic.  The supply chain disruption and decline in end-use industries impacted the EPDM market in 2020, amid pandemic. The raw material required for EPDM (ethylene and propylene) declined due reduction in crude oil exploration and production activity, amid pandemic. The end-use industries like automotive also showed reduction in production by 26% for first three quarters of 2020 compared to similar period in 2019. The decline in demand from end-use industries further impacted EPDM production.

EPDM market dynamics

Driver: Steady recovery of automotive sector in Asia

The automotive sector has been declining since 2018-19. The slowdown in the economy, new emission standards, shortage in semiconductor chips, and shift towards renting a car from owning a car were some of the reasons for the decline. Due to the pandemic, the demand for automotive further declined in 2020. Asia has a significant market for automotive. The region accounts for more than 50% of global automobile production. China, India, Japan, and other South Asian countries are major regions involved in automotive production. The technological development and innovation in the automotive sector will enhance the market. In China, even though the automotive sector declined initially due to COVID-19, according to the China Association of Automobile manufacturer, vehicle production in the subsequent month increased for the same period in 2019. The demand for new-energy-vehicles (Electric vehicles and hybrid vehicles) increased in the market. The automotive sales for 2020, 2019, and 2018 were 25.28 million units, 25.76 million units, and 28.04 million units. In the second half of 2020, automotive sales surpassed the 2017-2018 level. The automotive industry in Asia is expected to recover by 2022 with steady improvement in the Chinese automotive industry.

Restraints: Oversupply of EPDM in the market

The demand for EPDM depends on the demand from end-use industries such as automotive and construction. The EPDM market face oversupply due to an increase in production capacities in the US and Asia. The companies are reducing their production of EPDM due to fluctuation in demand from end users. The automotive sector is the largest consumer of EPDM. The decline in the production of automobiles reduced the demand for EPDM. The cheaper EPDM from the Middle East countries also resulted in the reduced demand and price for EPDM. In 2019, the price of EPDM in Asia fell from USD 2,000- 2,250/ ton CIF (cost, insurance and freight) to USD 1,500-1,750/ ton CIF (cost, insurance, and freight). The prices further declined in 2020 due to the COVID-19 pandemic; however, it has steadily increased in the subsequent month to pre-COVID level. SK Global Chemical Co., Ltd. (South Korea) shut down an EPDM manufacturing plant in Ulsan, South Korea due to the oversupply of EPDM in 2020.

Opportunity: Growth in electric vehicle will provide new revenue stream for EPDM manufacturers

The technological shift in the automobile sector regarding electric vehicles (EV) is growing progressively. The sensitivity towards the environment and the increase in demand for zero-emission vehicles are few factors supporting the growth. According to the National Investment Promotion and Facilitation Agency, the EV market is expected to register a CAGR of 44% between 2020 and 2027 in India. According to the China Association of Automobile Manufacturers (CAAM), by 2025, new energy vehicles (NEV) will account for 25% of the total vehicle sales in China.

The growth in EVs will also mean a change in automotive parts compared to internal combustion engines (ICE). The rubber parts in a vehicle include weather strips, grommet, O-ring, belts, wiper blades, hoses & gaskets, vibration parts, and brake-clutch parts. An EV does not have a fuel and engine system. Therefore, the total weight of rubber used in EV is reduced by 30% compared to ICE. In EVs, EPDM finds application in cable insulation for fast charging technology. EPDM is also used for thermal insulation in such vehicles. The temperature and electric resistance of EPDM makes it a suitable material to be used in high temperature and high voltage areas.

Challenges: Anti-dumping duties imposed by China

China is a significant market for EPDM. Many global companies, such as Dow Inc., Exxon Mobil, and Arlanxeo, export EPDM to China. The government of China has imposed anti-dumping duties on the import of EPDM. In 2020, China imposed anti-dumping duties on the import of EPDM from the US, Korea, and the European Union. These duties range from 12.5 % to 222 % for a period of five years. The reason for anti-dumping duties is because the products are entering the market at below the normal price of the product. The domestic industries were suffering as a result of the low price of imported products. The tariff rates are in triple digits (above 200%) for import from the US and in double-digit for import from Europe and South Korea. According to the International Trade Centre (ITC) trade map, China is the largest importer of EPDM at 19% of global import in 2019. The US contributes 28% to the total imports to China, followed by South Korea and Saudi Arabia. Due to anti-dumping duties, the EPDM import from these countries is expected to decline in the future.

While anti-dumping duties will impact global companies, such as Exxon Mobil corporation and Dow Inc. that export to China, it will help the growth of domestic companies in China. The following table gives the anti-dumping tariffs rate for global EPDM manufacturing companies.

Ecosystem Diagram

EPDM Market by Ecosystem Diagram

Automotive: the fastest-growing application for EPDM in the application segment.

Automotive is the largest application in the EPDM market. EPDM account for about 50% of total rubber used in car, excluding tires.  It is used as used as gaskets, O-rings, hoses, grommets, weather stripping seals, and other under-the-hood parts in an automobile. The segment account for about 49% market share of EPDM in 2020. The sector is in declining phase for past two year (2018-2019) due to global economic slowdown. However, the segment in expected to recover in forecast period. Moreover, focus towards electric and hybrid vehicle will provide new opportunities for EPDM manufacturer.

APAC estimated to be the fastest-growing market for EPDM.

APAC accounted for the largest share of the EPDM market in 2020, followed by North America and Europe. The use of EPDM is expected to witness the highest growth in the APAC region during the forecast period. The market in this region is driven by the recovery of the automotive sector in China, India, and Southeast Asian countries. Global automobile manufacturers are investing in APAC countries in establish their production plants to enhance their market presence in the region. China is the significant market for automobile and the largest importer of EPDM in the world. The focus towards the development of New Energy Vehicles (NEVs) to reduce carbon footprint will drive the automotive industry in China which will further enhance the demand of EPDM during the forecast period.

EPDM Market  by Region

Key Market Players

The leading players in the EPDM market are ARLANXEO (Netherlands), DOW Inc. (US), Exxon Mobil Corporation (US), JSR Corporation (Kumho Polychem Co. Ltd.) (South Korea), PetroChina Company Limited (China), Versalis S.p. A.(Italy), SK Global Chemical Co., Ltd. (South Korea), Sumitomo Chemical Co., Ltd. (Japan), and Mitsui Chemicals, Inc. (Japan).

Scope of the report

Report Metric

Details

Years Considered

2019–2026

Base year

2020

Forecast period

2021–2026

Unit considered 

Value (USD Million), Volume (Kilotons)

Segments

Application and Region

Regions

APAC, North America, Europe, Middle East & Africa and South America

Companies

The major players are, ARLANXEO (Netherlands), DOW Inc. (US), Exxon Mobil Corporation (US), JSR Corporation (Kumho Polychem Co. Ltd.) (South Korea), PetroChina Company Limited (China), Versalis S.p. A.(Italy), SK Global Chemical Co., Ltd. (South Korea), Sumitomo Chemical Co., Ltd. (Japan), Mitsui Chemicals (Japan) and PJSC Nizhnekamskneftekhim (Russia) are top 10 companies covered in EPDM market.

This research report categorizes the global EPDM market on the basis of application and region.

On the basis of application

  • Automotive
  • Building & Construction
  • Plastic Modification
  • Tires & Tubes
  • Wires & Cables
  • Lubricant Additives
  • Others

On the basis of region

  • North America
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)
  • Rest of the World

The market has been further analyzed for the key countries in each of these regions.

Recent Developments

  • In March 2020, SK Global Chemical Co., Ltd. announced to close the EPDM production plant in Ulsan, Korea by the second quarter of 2020.
  • In July 2019, ARLANXEO planned to set up an R&D center at Dhahran Techno Valley, Saudi Arabia for elastomers.
  • In October 2019, DOW Inc introduced two new EPDM product grade name NORDEL 4590 EPDM and NORDE 4750 OE EPDM. These grades are suitable for automotive, building & construction, and plastic modification applications.
  • In November 2019, ARLANXEO planned to close its EPDM plant in Orange, Texas, US to standardize technology in the production of EPDM across various plants.

Key Questions addressed by the report

  • What was the market size of EPDM and the estimated share of each region in 2021, in terms of volume and value?
  • What will be the CAGR of the EPDM market in all the key regions during the forecast period?
  • What are the new revenue streams for the EPDM market?
  • What is the estimated demand for EPDM in various applications?
  • Who are the major players in the market region wise?
  • What is the impact of the COVID-19 pandemic on the EPDM market?

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 20)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
           FIGURE 1 CHARACTERISTICS OF EPDM
           TABLE 1 MARKET SEGMENT DEFINITION, BY APPLICATION
           1.2.1 INCLUSIONS AND EXCLUSIONS
                    TABLE 2 APPLICATIONS CONSIDERED IN THE REPORT
    1.3 MARKET SCOPE
           FIGURE 2 EPDM MARKET SEGMENTATION
           1.3.1 REGIONS COVERED
    1.4 YEARS CONSIDERED FOR THE STUDY
    1.5 CURRENCY
    1.6 LIMITATIONS
    1.7 STAKEHOLDERS
    1.8 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 26)
    2.1 RESEARCH DATA
           FIGURE 3 EPDM MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Key industry insights
                    2.1.2.3 Breakdown of primary interviews
    2.2 MARKET SIZE ESTIMATION
           2.2.1 SUPPLY SIDE ESTIMATION: BASED ON PRODUCTION CAPACITY
                    FIGURE 4 SUPPLY SIDE ESTIMATION: BASED ON PRODUCTION CAPACITY
           2.2.2 DEMAND SIDE ESTIMATION: BASED ON TOTAL AUTOMOBILE PRODUCTION
                    FIGURE 5 DEMAND SIDE ESTIMATION: BASED ON TOTAL AUTOMOBILE PRODUCTION (2019)
    2.3 DATA TRIANGULATION
           FIGURE 6 EPDM MARKET: DATA TRIANGULATION
    2.4 RESEARCH ASSUMPTIONS AND LIMITATIONS
           2.4.1 ASSUMPTIONS
           2.4.2 LIMITATIONS
           2.4.3 GROWTH RATE ASSUMPTIONS
    2.5 FACTOR ANALYSIS IMPACTING GROWTH

3 EXECUTIVE SUMMARY (Page No. - 35)
    FIGURE 7 AUTOMOTIVE SEGMENT HELD LARGEST SHARE, IN TERMS OF VALUE, IN 2020
    FIGURE 8 APAC TO BE FASTEST-GROWING EPDM MARKET

4 PREMIUM INSIGHTS (Page No. - 37)
    4.1 SIGNIFICANT OPPORTUNITIES IN EPDM MARKET
           FIGURE 9 RECOVERY IN AUTOMOTIVE SECTOR TO OFFER MARKET GROWTH OPPORTUNITIES
    4.2 APAC EPDM MARKET, BY APPLICATION AND COUNTRY, 2020
           FIGURE 10 CHINA ACCOUNTED FOR THE LARGEST SHARE IN APAC
    4.3 EPDM MARKET, BY APPLICATION
           FIGURE 11 AUTOMOTIVE SEGMENT TO DOMINATE THE OVERALL EPDM MARKET, 2021–2026
    4.4 EPDM MARKET, BY COUNTRY
           FIGURE 12 CHINA TO BE FASTEST-GROWING MARKET FOR EPDM, IN TERMS OF VOLUME

5 MARKET OVERVIEW (Page No. - 39)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 13 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN EPDM MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Steady recovery of automotive sector in Asia
                    5.2.1.2 Increasing use of EPDM polymer in blended products
           5.2.2 RESTRAINTS
                    5.2.2.1 Oversupply of EPDM in the market
                    5.2.2.2 Availability of substitutes of EPDM
                                TABLE 3 THERMOPLASTIC ELASTOMERS: TPV AND TPO
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Growth in electric vehicle will provide new revenue stream for EPDM manufacturers
                                TABLE 4 TYPE OF RUBBER PARTS USED IN ELECTRIC VEHICLE AND INTERNAL COMBUSTION ENGINE
                    5.2.3.2 Development of environment-friendly technology for EPDM production
           5.2.4 CHALLENGES
                    5.2.4.1 Anti-dumping duties imposed by China
                                TABLE 5 ANTI-DUMPING DUTIES IMPOSED ON MANUFACTURING COMPANIES
                    5.2.4.2 Difficulty in recycling of EPDM
    5.3 PORTER’S FIVE FORCES ANALYSIS
           FIGURE 14 EPDM MARKET: PORTER’S FIVE FORCES ANALYSIS
           5.3.1 BARGAINING POWER OF SUPPLIERS
           5.3.2 BARGAINING POWER OF BUYERS
           5.3.3 INTENSITY OF COMPETITIVE RIVALRY
           5.3.4 THREAT OF NEW ENTRANTS
           5.3.5 THREAT OF SUBSTITUTES
    5.4 RANGE SCENARIOS OF THE EPDM MARKET
    5.5 COVID-19 IMPACT ANALYSIS
           FIGURE 15 PRE & POST-COVID ANALYSIS OF EPDM DEMAND
           FIGURE 16 GLOBAL PRODUCTION OF PASSENGER AND COMMERCIAL VEHICLES
    5.6 SUPPLY CHAIN ANALYSIS
           FIGURE 17 SUPPLY CHAIN ANALYSIS
    5.7 REGULATORY LANDSCAPE
    5.8 TECHNOLOGY ANALYSIS
           5.8.1 ZIEGLER-NATTA CATALYST
           5.8.2 METALLOCENE CATALYSTS
           5.8.3 ACE TECHNOLOGY
           5.8.4 AMC TECHNOLOGY
           5.8.5 BIO-BASED EPDM
    5.9 PATENT ANALYSIS
           5.9.1 INTRODUCTION
           5.9.2 METHODOLOGY
           5.9.3 DOCUMENT TYPE
                    FIGURE 18 NUMBER OF PATENTS YEAR-WISE IN LAST 11 YEARS
           5.9.4 PUBLICATION TRENDS - LAST 11 YEARS
                    FIGURE 19 NUMBER OF PATENTS YEAR-WISE IN LAST 11 YEARS
           5.9.5 INSIGHT
           5.9.6 JURISDICTION ANALYSIS
                    FIGURE 20 TOP JURISDICTION, BY DOCUMENT
           5.9.7 TOP COMPANIES/APPLICANTS
                    FIGURE 21 TOP 10 COMPANIES/APPLICANTS WITH HIGHEST NUMBER OF PATENTS
                    TABLE 6 LIST OF PATENTS BY HYUNDAI MOTOR CO. LTD.
                    TABLE 7 LIST OF PATENTS BY SUMITOMO RUBBER INDUSTRIES, LTD.
                    TABLE 8 LIST OF PATENTS BY EXXONMOBIL CHEMICAL PATENTS INC.
                    TABLE 9 LIST OF PATENTS BY TOYODA GOSEI EAST
                    TABLE 10 LIST OF PATENTS BY NOK CORPORATION
                    TABLE 11 LIST OF PATENTS BY BRIDGESTONE CORPORATION
                    TABLE 12 TOP 20 PATENT OWNERS (US) IN LAST 11 YEARS
    5.10 CASE STUDY
           5.10.1 EPDM ROOFING MEMBRANE IDEAL CHOICE FOR POOLING APPLICATION
           5.10.2 EPDM ROOFING MEMBRANE IDEAL CHOICE FOR GREEN ROOF APPLICATION
    5.11 AVERAGE SELLING PRICE ANALYSIS
            FIGURE 22 EPDM PRICE ANALYSIS (USD/TON), BY REGION, 2020
    5.12 EPDM TRADE ANALYSIS
            TABLE 13 EPDM IMPORT BY COUNTRY (2016-2019) IN TONS
            TABLE 14 EPDM EXPORT BY COUNTRY (2016-2019) IN TONS
    5.13 EPDM ECOSYSTEM
    5.14 MACROECONOMIC INDICATOR
            TABLE 15 WORLD GDP GROWTH PROJECTION
            TABLE 16 PRODUCTION OF PASSENGER CAR, COMMERCIAL VEHICLES, TRUCKS, AND BUSES(UNITS), 2018-2019 (BY COUNTRY)
            TABLE 17 PRODUCTION OF PASSENGER CAR, COMMERCIAL VEHICLES, TRUCKS, AND BUSES(UNITS), 2018-2019 (BY REGION)
    5.15 YC, YCC SHIFT
            FIGURE 23 ELECTRIC & HYBRID VEHICLE AND ENVIRONMENTALLY-FRIENDLY PRODUCTS TO ENHANCE FUTURE REVENUE MIX
            TABLE 18 YC, YCC AND SHIFT IN EPDM MARKET
    5.16 ADJACENT AND RELATED MARKETS
           5.16.1 INTRODUCTION
           5.16.2 LIMITATIONS
           5.16.3 FLUOROELASTOMERS MARKET
                    5.16.3.1 Market definition
                    5.16.3.2 Fluoroelastomers market, by type
                                TABLE 19 FLUOROELASTOMERS MARKET SIZE, BY TYPE, 2018–2025 (TON)
                                TABLE 20 FLUOROELASTOMERS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
                    5.16.3.3 Fluoroelastomers market, by application
                                TABLE 21 FLUOROELASTOMERS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
                                TABLE 22 FLUOROELASTOMERS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
                    5.16.3.4 Fluoroelastomers market, by end-use industry
                                TABLE 23 FLUOROELASTOMERS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (TON)
                                TABLE 24 FLUOROELASTOMERS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
                    5.16.3.5 Fluoroelastomers market, by region
                                TABLE 25 FLUOROELASTOMERS MARKET, BY REGION, 2018–2025 (TON)
                                TABLE 26 FLUOROELASTOMERS MARKET, BY REGION, 2018–2025 (USD MILLION)
           5.16.4 AUTOMOTIVE LIGHTWEIGHT MATERIAL MARKET
                    5.16.4.1 Market definition
                    5.16.4.2 Automotive lightweight material market, by material type
                                TABLE 27 AUTOMOTIVE LIGHTWEIGHT MATERIAL MARKET, BY MATERIAL TYPE, 2020–2025 (TMT)
                                TABLE 28 AUTOMOTIVE LIGHTWEIGHT MATERIAL MARKET, BY MATERIAL TYPE, 2020–2025 (USD BILLION)
                    5.16.4.3 Automotive lightweight material market, by application
                                TABLE 29 AUTOMOTIVE LIGHTWEIGHT MATERIAL MARKET, BY APPLICATION, 2020–2025 (TMT)
                                TABLE 30 AUTOMOTIVE LIGHTWEIGHT MATERIAL MARKET, BY APPLICATION, 2020–2025 (USD BILLION)
                    5.16.4.4 Automotive lightweight material market, by component
                                TABLE 31 AUTOMOTIVE LIGHTWEIGHT MATERIAL MARKET, BY COMPONENT, 2020–2025 (TMT)
                                TABLE 32 AUTOMOTIVE LIGHTWEIGHT MATERIAL MARKET, BY COMPONENT, 2020–2025 (USD BILLION)
                    5.16.4.5 Automotive lightweight material market, by vehicle type
                                TABLE 33 AUTOMOTIVE LIGHTWEIGHT MATERIAL MARKET, BY VEHICLE TYPE, 2020–2025 (TMT)
                                TABLE 34 AUTOMOTIVE LIGHTWEIGHT MATERIAL MARKET, BY VEHICLE TYPE, 2020–2025 (USD BILLION)
                    5.16.4.6 Automotive lightweight material market, by electric & hybrid vehicle type
                                TABLE 35 AUTOMOTIVE LIGHTWEIGHT MATERIAL MARKET, BY ELECTRIC & HYBRID VEHICLE TYPE, 2020–2025 (TMT)
                                TABLE 36 AUTOMOTIVE LIGHTWEIGHT MATERIAL MARKET, BY ELECTRIC & HYBRID VEHICLE TYPE, 2020–2025 (USD BILLION)
                    5.16.4.7 Electric vehicle lightweight material market, by material type
                                TABLE 37 ELECTRIC VEHICLE LIGHTWEIGHT MATERIAL MARKET, BY MATERIAL TYPE, 2020–2025 (TMT)
                                TABLE 38 ELECTRIC VEHICLE LIGHTWEIGHT MATERIAL, BY MATERIAL TYPE, 2020–2025 (USD BILLION)
                    5.16.4.8 Automotive lightweight vehicle market, by region
                                TABLE 39 AUTOMOTIVE LIGHTWEIGHT MATERIAL MARKET, BY REGION, 2020–2025 (TMT)
                                TABLE 40 AUTOMOTIVE LIGHTWEIGHT MATERIAL MARKET, BY REGION, 2020–2025 (USD BILLION)

6 EPDM MARKET, BY APPLICATION (Page No. - 82)
    6.1 INTRODUCTION
           TABLE 41 EPDM: INDUSTRIAL APPLICATION
           FIGURE 24 AUTOMOTIVE SEGMENT ACCOUNTED FOR LARGEST SHARE OF OVERALL MARKET IN 2020 (BY VALUE)
           TABLE 42 HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (KILOTON)
           TABLE 43 EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
           TABLE 44 EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
    6.2 AUTOMOTIVE
           6.2.1 GROWTH IN AUTOMOTIVE INDUSTRY WILL DRIVE THE MARKET FOR EPDM
           6.2.2 IMPACT OF DISRUPTIVE TECHNOLOGIES IN AUTOMOTIVE
                    TABLE 45 HISTORICAL NORTH AMERICAN EPDM MARKET SIZE IN AUTOMOTIVE, BY COUNTRY, 2013–2020 (USD MILLION)
                    TABLE 46 HISTORICAL EUROPEAN EPDM MARKET SIZE IN AUTOMOTIVE, BY COUNTRY, 2013–2020 (USD MILLION)
                    TABLE 47 HISTORICAL APAC EPDM MARKET SIZE IN AUTOMOTIVE, BY COUNTRY, 2013–2020 (USD MILLION)
                    TABLE 48 HISTORICAL REST OF WORLD EPDM MARKET SIZE IN AUTOMOTIVE, BY COUNTRY, 2013–2020 (USD MILLION)
                    TABLE 49 EPDM MARKET SIZE IN AUTOMOTIVE, BY REGION, 2019–2026 (KILOTON)
                    TABLE 50 EPDM MARKET SIZE IN AUTOMOTIVE, BY REGION, 2019–2026 (USD MILLION)
    6.3 BUILDING & CONSTRUCTION
           6.3.1 GROWTH IN ROOFING APPLICATION WILL DRIVE MARKET IN THE SECTOR
           6.3.2 IMPACT OF DISRUPTIVE TECHNOLOGIES IN BUILDING & CONSTRUCTION
                    TABLE 51 HISTORICAL NORTH AMERICAN EPDM MARKET IN BUILDING & CONSTRUCTION, BY COUNTRY, 2013–2020 (USD MILLION)
                    TABLE 52 HISTORICAL EUROPEAN EPDM MARKET SIZE IN BUILDING & CONSTRUCTION, BY COUNTRY, 2013–2020 (USD MILLION)
                    TABLE 53 HISTORICAL APAC EPDM MARKET SIZE IN BUILDING & CONSTRUCTION, BY COUNTRY, 2013–2020 (USD MILLION)
                    TABLE 54 HISTORICAL ROW EPDM MARKET SIZE IN BUILDING & CONSTRUCTION, BY COUNTRY, 2013–2020 (USD MILLION)
                    TABLE 55 EPDM MARKET SIZE IN BUILDING & CONSTRUCTION, BY REGION, 2019–2026 (KILOTON)
                    TABLE 56 EPDM MARKET SIZE IN BUILDING & CONSTRUCTION, BY REGION, 2019–2026 (USD MILLION)
    6.4 PLASTIC MODIFICATION
           6.4.1 INCREASE IN DEMAND FROM AUTOMOTIVE AND BUILDING & CONSTRUCTION WILL DRIVE THE SEGMENT
           6.4.2 IMPACT OF DISRUPTIVE TECHNOLOGIES IN PLASTIC MODIFICATION
                    TABLE 57 HISTORICAL NORTH AMERICAN EPDM MARKET IN PLASTIC MODIFICATION, BY COUNTRY, 2013–2020 (USD MILLION)
                    TABLE 58 HISTORICAL EUROPE AN EPDM MARKET SIZE IN PLASTIC MODIFICATION, BY COUNTRY, 2013–2020 (USD MILLION)
                    TABLE 59 HISTORICAL APAC EPDM MARKET SIZE IN PLASTIC MODIFICATION, BY COUNTRY, 2013–2020 (USD MILLION)
                    TABLE 60 HISTORICAL ROW EPDM MARKET SIZE IN PLASTIC MODIFICATION, BY COUNTRY, 2013–2020 (USD MILLION)
                    TABLE 61 EPDM MARKET SIZE IN PLASTIC MODIFICATION, BY REGION, 2019–2026 (KILOTON)
                    TABLE 62 EPDM MARKET SIZE IN PLASTIC MODIFICATION, BY REGION, 2019–2026 (USD MILLION)
    6.5 TIRES & TUBES
           6.5.1 DEMAND FOR EPDM BLEND & TUBES WILL DRIVE THE EPDM MARKET IN THIS SEGMENT
                    FIGURE 25 GLOBAL TIRE INDUSTRY, 2019-2020
           6.5.2 IMPACT OF DISRUPTIVE TECHNOLOGIES IN TIRES & TUBES
                    TABLE 63 HISTORICAL NORTH AMERICAN EPDM MARKET SIZE IN TIRES & TUBES, BY COUNTRY, 2013–2020 (USD MILLION)
                    TABLE 64 HISTORICAL EUROPEAN EPDM MARKET SIZE IN TIRES & TUBES, BY COUNTRY, 2013–2020 (USD MILLION)
                    TABLE 65 HISTORICAL APAC EPDM MARKET SIZE IN TIRES & TUBES, BY COUNTRY, 2013–2020 (USD MILLION)
                    TABLE 66 HISTORICAL ROW EPDM MARKET SIZE IN TIRES & TUBES, BY COUNTRY, 2013–2020 (USD MILLION)
                    TABLE 67 EPDM MARKET SIZE IN TIRES & TUBES, BY REGION, 2019–2026 (KILOTON)
                    TABLE 68 EPDM MARKET SIZE IN TIRES & TUBES, BY REGION, 2019–2026 (USD MILLION)
    6.6 WIRES & CABLES
           6.6.1 REQUIREMENT OF EPDM IN HIGH TEMPERATURE AND HIGH VOLTAGE APPLICATION WILL DRIVE DEMAND IN THIS SEGMENT
           6.6.2 IMPACT OF DISRUPTIVE TECHNOLOGIES IN WIRES & CABLES
                    TABLE 69 HISTORICAL NORTH AMERICAN EPDM MARKET SIZE IN WIRES & CABLES, BY COUNTRY, 2013–2020 (USD MILLION)
                    TABLE 70 HISTORICAL EUROPEAN EPDM MARKET SIZE IN WIRE & CABLE, BY COUNTRY, 2013–2020 (USD MILLION)
                    TABLE 71 HISTORICAL APAC EPDM MARKET SIZE IN WIRE & CABLE , BY COUNTRY, 2013–2020 (USD MILLION)
                    TABLE 72 HISTORICAL ROW EPDM MARKET SIZE IN WIRE & CABLE, BY COUNTRY, 2013–2020 (USD MILLION)
                    TABLE 73 EPDM MARKET SIZE IN WIRES & CABLES, BY REGION, 2019–2026 (KILOTON)
                    TABLE 74 EPDM MARKET SIZE IN WIRES & CABLES, BY REGION, 2019–2026 (USD MILLION)
    6.7 LUBRICANT ADDITIVES
           6.7.1 GROWTH OF LUBRICANT ADDITIVES IN AUTOMOTIVE WILL INCREASE THE MARKET FOR EPDM
           6.7.2 IMPACT OF DISRUPTIVE TECHNOLOGIES IN LUBRICANT ADDITIVES
                    TABLE 75 HISTORICAL NORTH AMERICAN EPDM MARKET SIZE IN LUBRICANT ADDITIVES, BY COUNTRY, 2013–2020 (USD MILLION)
                    TABLE 76 HISTORICAL EUROPEAN EPDM MARKET SIZE IN LUBRICANT ADDITIVES, BY COUNTRY, 2013–2020 (USD MILLION)
                    TABLE 77 HISTORICAL APAC EPDM MARKET SIZE IN LUBRICANT ADDITIVE, BY COUNTRY, 2013–2020 (USD MILLION)
                    TABLE 78 HISTORICAL ROW EPDM MARKET SIZE IN LUBRICANT ADDITIVES, BY COUNTRY, 2013–2020 (USD MILLION)
                    TABLE 79 EPDM MARKET SIZE IN LUBRICANT ADDITIVES, BY REGION, 2019–2026 (KILOTON)
                    TABLE 80 EPDM MARKET SIZE IN LUBRICANT ADDITIVES, BY REGION, 2019–2026 (USD MILLION)
    6.8 OTHERS
           TABLE 81 EPDM MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2019–2026 (KILOTON)
           TABLE 82 EPDM MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2019–2026 (USD MILLION)

7 EPDM MARKET, BY REGION (Page No. - 106)
    7.1 INTRODUCTION
           FIGURE 26 REGIONAL SNAPSHOT: RAPIDLY GROWING MARKETS ARE EMERGING AS NEW HOTSPOTS
           TABLE 83 HISTORICAL EPDM MARKET SIZE, BY REGION, 2013–2020 (KILOTON)
           TABLE 84 EPDM MARKET SIZE, BY REGION, 2019–2026 (KILOTON)
           TABLE 85 EPDM MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
    7.2 NORTH AMERICA
           FIGURE 27 NORTH AMERICA: EPDM MARKET SNAPSHOT
           TABLE 86 NORTH AMERICA: HISTORICAL EPDM MARKET SIZE, BY COUNTRY, 2013–2020 (KILOTON)
           TABLE 87 NORTH AMERICA: HISTORICAL EPDM MARKET SIZE, BY COUNTRY, 2013–2020 (USD MILLION)
           TABLE 88 NORTH AMERICA: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (KILOTON)
           TABLE 89 NORTH AMERICA: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION)
           TABLE 90 NORTH AMERICA: EPDM MARKET SIZE, BY COUNTRY, 2019–2026 (KILOTON)
           TABLE 91 NORTH AMERICA: EPDM MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION)
           TABLE 92 NORTH AMERICA: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
           TABLE 93 NORTH AMERICA: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
           7.2.1 US
                    7.2.1.1 Automotive is largest consumer of EPDM in the US
                                FIGURE 28 US IMPORT AND EXPORT OF EPDM, 2016-2020 (TON)
                                TABLE 94 US: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (KILOTON)
                                TABLE 95 US: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION)
                                TABLE 96 US: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
                                TABLE 97 US: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
           7.2.2 CANADA
                    7.2.2.1 Technological innovation in automotive sector will provide new opportunity for EPDM in the sector
                                TABLE 98 CANADA: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (KILOTON)
                                TABLE 99 CANADA: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION)
                                TABLE 100 CANADA: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
                                TABLE 101 CANADA: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
           7.2.3 MEXICO
                    7.2.3.1 Liberalization in trade policy to drive growth in the country
                                TABLE 102 MEXICO: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (KILOTON)
                                TABLE 103 MEXICO: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION)
                                TABLE 104 MEXICO: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
                                TABLE 105 MEXICO: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
    7.3 EUROPE
           TABLE 106 EUROPE: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (KILOTON)
           TABLE 107 EUROPE: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION)
           TABLE 108 EUROPE: EPDM MARKET SIZE, BY COUNTRY, 2019–2026 (KILOTON)
           TABLE 109 EUROPE: EPDM MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION)
           TABLE 110 EUROPE: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
           TABLE 111 EUROPE: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
           7.3.1 GERMANY
                    7.3.1.1 Growth in electric vehicle will improve demand for EPDM
                                FIGURE 29 GERMANY TOTAL AUTOMOBILE PRODUCTION AND EXPORT, 2018-2021
                                TABLE 112 GERMANY: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (TON)
                                TABLE 113 GERMANY: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION)
                                TABLE 114 GERMANY: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
                                TABLE 115 GERMANY: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
           7.3.2 POLAND
                    7.3.2.1 Growth in FDI investment will enhance recovery of automotive sector
                                FIGURE 30 POLAND PASSENGER CAR PRODUCTION, 2015-2020
                                TABLE 116 POLAND: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
                                TABLE 117 POLAND: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
           7.3.3 ITALY
                    7.3.3.1 Growth in end-use industries will improve demand for EPDM in the country
                                FIGURE 31 ITALY: TOTAL AUTOMOBILE PRODUCTION AND EXPORT, 2010-2019
                                TABLE 118 ITALY: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (TON)
                                TABLE 119 ITALY: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION)
                                TABLE 120 ITALY: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
                                TABLE 121 ITALY: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
           7.3.4 TURKEY
                    7.3.4.1 Investment in automotive sector will improve demand for EPDM
                                TABLE 122 TURKEY: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (TON)
                                TABLE 123 TURKEY: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION)
                                TABLE 124 TURKEY: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
                                TABLE 125 TURKEY: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
           7.3.5 CZECH REPUBLIC
                    7.3.5.1 Increased focus on EVs and hybrid vehicles to drive the demand
                                FIGURE 32 CZECH REPUBLIC: TOTAL AUTOMOBILE PRODUCTION, 2010-2020
                                TABLE 126 CZECH REPUBLIC: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
                                TABLE 127 CZECH REPUBLIC: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
           7.3.6 SPAIN
                    7.3.6.1 Investment in automotive sector will enhance revival of automotive market
                                FIGURE 33 SPAIN: TOTAL AUTOMOBILE PRODUCTION, 2020
                                TABLE 128 SPAIN: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (TON)
                                TABLE 129 SPAIN: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION)
                                TABLE 130 SPAIN: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
                                TABLE 131 SPAIN: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
           7.3.7 FRANCE
                    7.3.7.1 Government investment will revive automotive market from COVID-19
                                TABLE 132 FRANCE: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (TON)
                                TABLE 133 FRANCE: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION)
                                TABLE 134 FRANCE: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
                                TABLE 135 FRANCE: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
           7.3.8 REST OF EUROPE
                    TABLE 136 REST OF EUROPE: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (TON)
                    TABLE 137 REST OF EUROPE: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION)
                    TABLE 138 REST OF EUROPE: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
                    TABLE 139 REST OF EUROPE: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
    7.4 APAC
           FIGURE 34 APAC: AUTOMOTIVE PRODUCTION FOR FIRST THREE QUARTERS OF 2019 AND 2020
           FIGURE 35 APAC: EPDM MARKET SNAPSHOT
           TABLE 140 APAC: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (KILOTON)
           TABLE 141 APAC: EPDM MARKET SIZE, BY COUNTRY, 2019–2026 (KILOTON)
           TABLE 142 APAC: EPDM MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION)
           TABLE 143 APAC: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
           TABLE 144 APAC: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
           7.4.1 CHINA
                    7.4.1.1 Anti-dumping duties by government will enhance domestic market
                                FIGURE 36 CHINA: IMPORT AND EXPORT OF EPDM, 2016–2019
                                TABLE 145 CHINA: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (KILOTON)
                                TABLE 146 CHINA: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION)
                                TABLE 147 CHINA: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
                                TABLE 148 CHINA: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
           7.4.2 INDIA
                    7.4.2.1 Recovery of automotive sector to drive the market for EPDM
                                FIGURE 37 INDIA: AUTOMOTIVE PRODUCTION, 2014 – 2019
                                TABLE 149 INDIA: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (TON)
                                TABLE 150 INDIA: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION)
                                TABLE 151 INDIA: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
                                TABLE 152 INDIA: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
           7.4.3 JAPAN
                    7.4.3.1 Steady increase in export will enhance EPDM market in Japan
                                FIGURE 38 JAPAN: AUTOMOTIVE PRODUCTION, 2010 – 2019
                                TABLE 153 JAPAN: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (KILOTON)
                                TABLE 154 JAPAN: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION)
                                TABLE 155 JAPAN: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
                                TABLE 156 JAPAN: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
           7.4.4 SOUTH KOREA
                    7.4.4.1 Technological development and innovation in automotive industry
                                TABLE 157 SOUTH KOREA: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (TON)
                                TABLE 158 SOUTH KOREA: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION)
                                TABLE 159 SOUTH KOREA: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
                                TABLE 160 SOUTH KOREA: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
           7.4.5 THAILAND
                    7.4.5.1 Development in automotive sector will improve the demand for EPDM in the country
                                FIGURE 39 THAILAND: AUTOMOTIVE PRODUCTION (2010 – 2020)
                                TABLE 161 THAILAND: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (TON)
                                TABLE 162 THAILAND: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION)
                                TABLE 163 THAILAND: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
                                TABLE 164 THAILAND: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
           7.4.6 INDONESIA
                    7.4.6.1 FDI investment in automotive sector will enhance production of vehicles in the country
                                TABLE 165 INDONESIA: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (TON)
                                TABLE 166 INDONESIA: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (USD THOUSAND)
                                TABLE 167 INDONESIA: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
                                TABLE 168 INDONESIA: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
           7.4.7 REST OF APAC
                    TABLE 169 REST OF APAC: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (TON)
                    TABLE 170 REST OF APAC: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (USD THOUSAND)
                    TABLE 171 REST OF APAC: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
                    TABLE 172 REST OF APAC: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
    7.5 MIDDLE EAST & AFRICA
           TABLE 173 MIDDLE EAST & AFRICA: EPDM MARKET SIZE, BY COUNTRY, 2019–2026 (KILOTON)
           TABLE 174 MIDDLE EAST & AFRICA: EPDM MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION)
           TABLE 175 MIDDLE EAST & AFRICA: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
           TABLE 176 MIDDLE EAST & AFRICA: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
           7.5.1 SAUDI ARABIA
                    7.5.1.1 Vision 2030 and other government plans to boost construction and automotive industries to fuel the market
                                FIGURE 40 SAUDI ARABIA: PERCENTAGE CHANGE IN PRODUCTION OUTPUT FOR FIRST HALF OF 2020 COMPARED TO SAME PERIOD IN 2019
                                TABLE 177 SAUDI ARABIA: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
                                TABLE 178 SAUDI ARABIA: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
           7.5.2 UAE
                    FIGURE 41 UAE: CONTRIBUTION TO GDP OF DIFFERENT ECONOMIC ACTIVITIES FOR FIRST HALF OF 2020 COMPARED TO SAME PERIOD IN 2019
                    TABLE 179 UAE: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
                    TABLE 180 UAE: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
           7.5.3 REST OF MIDDLE EAST & AFRICA
                    TABLE 181 REST OF MIDDLE EAST & AFRICA: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
                    TABLE 182 REST OF MIDDLE EAST & AFRICA: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
    7.6 SOUTH AMERICA
           TABLE 183 REST OF WORLD: HISTORICAL EPDM MARKET SIZE, BY COUNTRY, 2013–2020 (KILOTON)
           TABLE 184 REST OF WORLD: HISTORICAL EPDM MARKET SIZE, BY COUNTRY, 2013–2020 (USD MILLION)
           TABLE 185 REST OF WORLD: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (KILOTON)
           TABLE 186 REST OF WORLD: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION)
           TABLE 187 SOUTH AMERICA: EPDM MARKET SIZE, BY COUNTRY, 2019–2026 (KILOTON)
           TABLE 188 SOUTH AMERICA: EPDM MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION)
           TABLE 189 SOUTH AMERICA: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
           TABLE 190 SOUTH AMERICA: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
           7.6.1 BRAZIL
                    7.6.1.1 Rising demand from automotive sector to support market growth
                                FIGURE 42 BRAZIL TOTAL VEHICLE PRODUCTION, 2018-2021 (UNITS)
                                FIGURE 43 BRAZIL IMPORT AND EXPORT OF EPDM, 2016-2020 (TON)
                                TABLE 191 BRAZIL: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (TON)
                                TABLE 192 BRAZIL: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION)
                                TABLE 193 BRAZIL: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
                                TABLE 194 BRAZIL: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
           7.6.2 ARGENTINA
                    7.6.2.1 Sluggish growth of manufacturing sector will have a negative impact on the market growth
                                FIGURE 44 ARGENTINA: CAPACITY UTILIZATION AS OF DECEMBER 2020
                                FIGURE 45 ARGENTINA: CAPACITY UTILIZATION OF AUTOMOTIVE, RUBBER & PLASTICS, AND CHEMICAL INDUSTRIES, 2019-2020
                                TABLE 195 ARGENTINA: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (TON)
                                TABLE 196 ARGENTINA: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION)
                                TABLE 197 ARGENTINA: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
                                TABLE 198 ARGENTINA: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
           7.6.3 REST OF SOUTH AMERICA
                    TABLE 199 REST OF SOUTH AMERICA: GDP GROWTH RATE (2019-2021)
                    TABLE 200 OTHER REST OF WORLD: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (TON)
                    TABLE 201 OTHER REST OF WORLD: HISTORICAL EPDM MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION)
                    TABLE 202 REST OF SOUTH AMERICA: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
                    TABLE 203 REST OF SOUTH AMERICA: EPDM MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)

8 COMPETITIVE LANDSCAPE (Page No. - 175)
    8.1 INTRODUCTION
           FIGURE 46 COMPANIES MAJORLY ADOPTED ORGANIC GROWTH STRATEGIES BETWEEN 2017 AND 2020
    8.2 COMPETITIVE SCENARIO
           8.2.1 EXPANSION
                    TABLE 204 EXPANSION, 2018–2020
           8.2.2 NEW PRODUCT DEVELOPMENT
                    TABLE 205 NEW PRODUCT DEVELOPMENT, 2017–2020
           8.2.3 DIVESTMENT
                    TABLE 206 DIVESTMENT, 2017–2020
           8.2.4 JOINT VENTURE
                    TABLE 207 JOINT VENTURE, 2017–2020
    8.3 MARKET STRUCTURE
    8.4 COMPANY EVALUATION QUADRANT DEFINITION
           8.4.1 STAR
           8.4.2 EMERGING LEADER
           8.4.3 PERVASIVE
           8.4.4 PARTICIPANT
                    FIGURE 47 COMPANY EVALUATION QUADRANT, 2020
    8.5 MARKET SHARE ANALYSIS
           FIGURE 48 MARKET SHARE OF KEY PLAYERS, 2020 (BY VALUE)
    8.6 REVENUE ANALYSIS OF TOP PLAYERS
           TABLE 208 REVENUE ANALYSIS OF KEY PLAYERS
    8.7 MARKET EVALUATION FRAMEWORK
           FIGURE 49 MARKET EVALUATION FRAMEWORK: MARKET EXPANSION AND CONSOLIDATION BETWEEN 2018 AND 2020
    8.8 STRATEGIC POSITIONING OF KEY PLAYERS

9 COMPANY PROFILES (Page No. - 183)
(Business Overview, Products Offered, Recent Developments, MnM View)*
    9.1 EXXON MOBIL CORPORATION
           FIGURE 50 EXXON MOBIL CORPORATION: COMPANY SNAPSHOT
           TABLE 209 IMPACT OF COVID-19 ON EXXON MOBIL CORPORATION
    9.2 VERSALIS S.P.A.
           FIGURE 51 VERSALIS S.P.A.: COMPANY SNAPSHOT
           TABLE 210 IMPACT OF COVID-19 ON ENI S.P.A
    9.3 DOW INC.
           FIGURE 52 DOW INC.: COMPANY SNAPSHOT
           TABLE 211 IMPACT OF COVID-19 ON DOW INC.
    9.4 PETROCHINA COMPANY LIMITED
           FIGURE 53 PETROCHINA COMPANY LIMITED: COMPANY SNAPSHOT
           TABLE 212 IMPACT OF COVID-19 ON PETROCHINA COMPANY LIMITED
    9.5 ARLANXEO HOLDING BV
    9.6 LION ELASTOMERS LLC
    9.7 SK GLOBAL CHEMICAL CO., LTD.
    9.8 JSR CORPORATION
            TABLE 213 IMPACT OF COVID-19 ON JSR CORPORATION
    9.9 SUMITOMO CHEMICAL CO., LTD.
            FIGURE 54 SUMITOMO CHEMICAL CO., LTD.: COMPANY SNAPSHOT
    9.10 MITSUI CHEMICALS, INC.
            FIGURE 55 MITSUI CHEMICALS, INC.: COMPANY SNAPSHOT
    9.11 CARLISLE COMPANIES INCORPORATED
            FIGURE 56 CARLISLE COMPANIES INCORPORATED: COMPANY SNAPSHOT
    9.12 PJSC NIZHNEKAMSKNEFTEKHIM
            FIGURE 57 PJSC NIZHNEKAMSKNEFTEKHIM: COMPANY SNAPSHOT
    9.13 SABIC
            FIGURE 58 SABIC: COMPANY SNAPSHOT
    9.14 SHANGHAI SINOPEC MITSUI ELASTOMER CO., LTD.

*Business Overview, Products Offered, Recent Developments, MnM View might not be captured in case of unlisted companies.

10 APPENDIX (Page No. - 215)
     10.1 DISCUSSION GUIDE
     10.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     10.3 AVAILABLE CUSTOMIZATIONS
     10.4 RELATED REPORTS
     10.5 AUTHOR DETAILS

The study involved four major activities for estimating the current size of the global EPDM market. Exhaustive secondary research was carried out to collect information on the market, the peer product market, and the parent product group market. The next step was to validate these findings, assumptions, and sizes with the industry experts across the value chain of EPDM through primary research. Both the top-down and bottom-up approaches were employed to estimate the overall size of the EPDM market. After that, market breakdown and data triangulation procedures were used to determine the size of different segments and sub-segments of the market.

Secondary Research

In the secondary research process, various secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet were referred to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, rubber journals & newsletters, articles by recognized authors, gold standard & silver standard websites, regulatory bodies, trade directories, and databases.

Primary Research

The EPDM market comprises several stakeholders in the supply chain, which include suppliers, processors, and end-product manufacturers. Various primary sources from the supply and demand sides of the markets have been interviewed to obtain qualitative and quantitative information. The primary participants from the demand side include key opinion leaders, executives, vice presidents, and CEOs of companies in the EPDM market. Primary sources from the supply side include associations and institutions involved in the EPDM industry, key opinion leaders, and processing players.

Following is the breakdown of primary respondents

EPDM Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the size of the global EPDM market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry were identified through extensive secondary research.
  • The supply chain of the industry and market size, in terms of value, were determined through primary and secondary research.
  • All percentage shares split, and breakdowns were determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
  • The research includes the study of reports, reviews, and newsletters of key industry players along with extensive interviews with key officials, such as directors and marketing executives.

Data Triangulation

After arriving at the total market size through the estimation process explained above, the overall market was split into several segments and sub-segments. The data triangulation and market breakdown procedures were employed, wherever applicable, to complete the overall market size estimation process and arrive at the exact statistics for all segments and sub-segments. The data was triangulated by studying various factors and trends from both the demand and supply sides. In addition, the market size was validated by using both the top-down and bottom-up approaches. Then, it was verified through primary interviews. Hence, for every data segment, there are three sources—top-down approach, bottom-up approach, and expert interviews. The data were assumed to be correct when the values arrived at from the three sources matched.

Report Objectives

  • To define, describe, and forecast the global EPDM market in terms of both volume and value
  • To provide insights regarding the significant factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
  • To analyze and forecast the market based on application
  • To analyze the impact of COVID-19 on the market
  • To forecast the market size, in terms of volume and value, with respect to five main regions, namely, North America, Europe, Asia Pacific, the Middle East & Africa, and South America
  • To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape
  • To strategically profile key players in the market
  • To analyze competitive developments in the market, such as new product launch, capacity expansion, and merger & acquisition
  • To strategically profile the leading players and comprehensively analyze their key developments, such as expansions and mergers & acquisitions, in the EPDM market

Available Customizations:

Along with the given market data, MarketsandMarkets offers customizations as per the specific needs of the companies. The following customization options are available for the report:

Product Analysis:

  • Product Matrix which gives a detailed comparison of the product portfolio of each company

Regional Analysis:

  • Further breakdown of the Rest of APAC Catalyst Handling Services market
  • Further breakdown of Rest of Europe Catalyst Handling Services market

Company Information:

  • Detailed analysis and profiling of additional market players (up to 5)
COVID-19

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Benchmarking the rapid strategy shifts of the Top 100 companies in the EPDM Market

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