EPDM Market

EPDM Market by Application (Automotive, Building & Construction, Plastic Modification, Tires & Tubes, Wires & Cables and Lubricant Additives), Manufacturing Process, Region (North America, Europe, APAC, MEA, and South America) - Global Forecast to 2028

Report Code: CH 2669 Mar, 2024, by marketsandmarkets.com

The EPDM market size is estimated to be USD 3.9 billion in 2023, and it is projected to reach USD 5.2 billion by 2028 at a CAGR of 5.9%. One of the key factors expected to propel the growth of the EPDM market is the increasing usage of EPDM in automotive and construction & building application areas. Additionally, growth potential in emerging economies in the Asia Pacific region offers opportunities for the EPDM market.

Global EPDM Market Trends

EPDM Market

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EPDM Market

EPDM Market Dynamics

Driver: Increasing use of EPDM polymer in blended products

EPDM, an elastomer renowned for its resilience against ozone, UV radiation, temperature fluctuations, and weathering, does not, however, possess resistance to hydrocarbon fuels. To augment its performance, it is often combined with other chemical compounds. When bolstered with butyl rubber (IIR), EPDM gains strength and resilience against ozone and heat, making it ideal for tire inner tubes. In various tire applications, EPDM blends with natural rubber and styrene-butadiene rubber (SBR). The tire industry, buoyed by the steady recovery of the automotive sector, is expected to drive demand for EPDM in this domain.

Restraint: Availablity of substitutes of EPDM

EPDM rubber stands out for its exceptional resistance to ozone, UV radiation, and weathering, boasting an extended product lifespan compared to other elastomers. However, it does exhibit limitations such as

  • EPDM demonstrates inadequate resistance to non-polar solvents and petroleum-based fuels.
  • For sheet roofing applications, EPDM primarily comes in black.
  • Recycling is difficult.

In response, companies are directing efforts toward crafting products with heightened performance and sustainability. They're exploring diverse thermoplastic elastomers like TPV and TPO, which are gradually replacing EPDM rubber in automotive and construction applications.

Opportunity: Development of environment-friendly technology for production of EPDM

Companies are concentrating their efforts on developing environmentally friendly technologies and products across various end-use industries to minimize CO2 footprints. By utilizing renewable raw materials in production processes, they aim to enhance sustainability. This technology is anticipated to yield substantial revenue streams as it not only conserves energy but also increases production rates by significantly reducing the number of manufacturing steps required for EPDM. Moreover, operational costs and time are further reduced as the catalyst stage is eliminated from the manufacturing process. Arlanxeo, based in the Netherlands, is at the forefront of this movement, producing bio-based EPDM under the product grade name Keltan ECO. Derived from sugarcane, ethylene is obtained from ethanol to produce this EPDM, which boasts a bio-based content of up to 70%.

Challenges: Difficulty in recycling of EPDM

EPDM stands as a thermoset elastomer, created from ethylene and propylene monomers, which facilitates cross-linking or vulcanization at elevated temperatures using cross-linking agents such as sulfur or peroxides. While thermoset rubbers exhibit enhanced performance in terms of temperature and chemical resistance, they pose challenges in recycling compared to thermoplastic elastomers. This recycling difficulty arises from the presence of the cross-linked structure inherent in thermoset rubbers.

ECOSYSTEM OF EPDM MARKET

EPDM Market Ecosystem

“Automotive segment emerges as the fastest growing by application segment in the EPDM market.”

Categorized on the basis of application, the EPDM market includes segments such as automotive, building & construction, plastic modifications, tires and tubes, wire & cables, lubricant additives, and other applications. Notably, the automotive segment emerges out as a fastest-growing segment within this market. Moreover, with the continuous improvement in living standards and the ongoing development of new technologies, the market is poised for further expansion in the near future.

“Solution Polymerization process is fastest growing segment by form in the EPDM market.”

In terms of the manufacturing process, the solution polymerization process emerges as the largest and most rapidly expanding segment of EPDM during the forecast period. Current polymerization and catalyst technologies offer the capability to tailor polymers to meet precise and challenging application and processing requirements.

“APAC is the speediest-growing market for EPDM market.”

The Asia Pacific region stands out as the largest and most rapidly expanding market for EPDM, closely followed by North America and Europe. The growth of the EPDM market in Asia Pacific is fueled by heightened demand across various end-use industries within the region. Key areas driving this demand include construction and building, automotive, plastic modifications, tires and tubes, wire and cables, lubricant additives, and others. The market's momentum in this region is propelled by the automotive sector's recovery in countries such as China, India, and Southeast Asian nations. The shift towards the development of New Energy Vehicles (NEVs) to mitigate carbon emissions is poised to further drive the automotive industry which supports the growth of EPDM in the forecast period.

EPDM Market by Region

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Key Market Players

Key stakeholders steering the trajectory of the EPDM market include ARLANXEO (Netherlands), DOW (US), Exxon Mobil Corporation (US), Kumho Polychem (South Korea), PetroChina Company Limited (China), Versalis S.p. A.(Italy), SK geo centric Co., Ltd. (South Korea), ENEOS Holdings, Inc. (Japan), and Mitsui Chemicals, Inc. (Japan. To solidify their positions in this competitive market, these industry frontrunners have judiciously employed a range of growth strategies. This encompasses acquisitions, diversifying their product lineup, geographical expansions, and others. Through these strategic maneuvers, they aim to cater to the escalating demand for EPDMs, particularly from dynamic emerging markets.

Read More: EPDM Companies

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Scope of the Report

:

Report Metric

Details

Years Considered

2017–2028

Base year

2022

Forecast period

2023–2028

Unit considered 

Value (USD Million/Billion)

Segments

Manufacturing Process, Application, and Region

Regions

Asia-Pacific, North America, Europe, South America, and Middle East & Africa.

Companies

The major players are ARLANXEO (Netherlands), Exxon Mobil Corporation (US), DOW (US), Kumho Polychem (South Korea), PetroChina Company Limited (China), Versalis S.p. A. (Italy), SK geo centric Co., Ltd. (South Korea), Mitsui Chemicals, Inc. (Japan), Lion Elastomers LLC (US), ENEOS Holding, Inc. (Japan), SABIC (Saudi Arabia), and others are covered in the EPDM market.

This research report categorizes the global EPDM market on the basis of Type, End-use Industries, and Region.

EPDM Market, By Manufacturing Process
  • Solution Polymerization Process
  • Slurry/Suspension Process
  • Gas-phase Polymerization Process
EPDM Market, By Application
  • Automotive
  • Building & Construction
  • Plastic Modifications
  • Tires & Tubes
  • Wire & Cables
  • Lubricant Additives
  • Other Applications
EPDM Market, By Region
  • Asia Pacific (APAC)
  • North America
  • Europe
  • South America
  • Middle East & Africa

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

Recent Developments

  • In June 2023, ARLANXEO has partnered with Qingdao University of Science and Technology, to invest in enriching the local talent, which further helps to support the upgradation of the synthetic rubber industry in China.
  • In February 2023, Lion Elastomers signed a distribution agreement with Prime Plastics to distribute its products in the EU market.
  • In November 2022, Lion Elastomers signed a distribution agreement with ChemSpec Canada Inc. to distribute its products in Canada.
  • In October 2022, Lion Elastomers collaborated with ARISAN, to sell the company’s product in Turkey.
  • In August 2022, Lion Elastomers invested USD 22 million to construct a new multi-level production building housing two new finishing lines at its elastomeric polymer manufacturing facility in Ascension Parish
  • In March 2022, ARLANXEO has increased the annual capacity of the EPDM plant by 15%. This helps to meet the rising demands for EPDM across the country.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 31)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 MARKET SCOPE 
          FIGURE 1 EPDM: MARKET SEGMENTATION
           1.3.1 REGIONS COVERED
           1.3.2 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED 
    1.5 STAKEHOLDERS 
    1.6 UNITS CONSIDERED 
    1.7 LIMITATIONS 
    1.8 SUMMARY OF CHANGES 
 
2 RESEARCH METHODOLOGY (Page No. - 35)
    2.1 RESEARCH DATA 
          FIGURE 2 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 interviews with experts
    2.2 MARKET SIZE ESTIMATION 
           2.2.1 SUPPLY-SIDE ESTIMATION: BASED ON SYNTHETIC RUBBER MARKET
                    FIGURE 3 SUPPLY-SIDE ESTIMATION: BASED ON SYNTHETIC RUBBER MARKET
           2.2.2 DEMAND-SIDE ESTIMATION: BASED ON TOTAL AUTOMOBILE PRODUCTION
                    FIGURE 4 DEMAND-SIDE ESTIMATION: TOTAL AUTOMOBILE PRODUCTION (2022)
    2.3 DATA TRIANGULATION 
          FIGURE 5 EPDM MARKET: DATA TRIANGULATION
    2.4 RESEARCH ASSUMPTIONS AND LIMITATIONS 
           2.4.1 ASSUMPTIONS
           2.4.2 LIMITATIONS
    2.5 RECESSION IMPACT 
    2.6 RISK ASSESSMENT 
    2.7 GROWTH RATE ASSUMPTIONS 
 
3 EXECUTIVE SUMMARY (Page No. - 44)
    FIGURE 6 AUTOMOTIVE SEGMENT ACCOUNTED FOR LARGEST SHARE IN 2022
    FIGURE 7 SOLUTION POLYMERIZATION PROCESS SEGMENT ACCOUNTED FOR LARGEST SHARE IN 2022
    FIGURE 8 MARKET IN ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
 
4 PREMIUM INSIGHTS (Page No. - 47)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN EPDM MARKET 
          FIGURE 9 GROWING DEMAND FROM END-USE APPLICATIONS TO DRIVE MARKET
    4.2 ASIA PACIFIC EPDM MARKET, BY COUNTRY AND APPLICATION, 2022 
          FIGURE 10 CHINA AND AUTOMOTIVE APPLICATION ACCOUNTED FOR LARGEST SHARES IN ASIA PACIFIC
    4.3 EPDM MARKET, BY APPLICATION 
          FIGURE 11 AUTOMOTIVE APPLICATION TO DOMINATE MARKET DURING FORECAST PERIOD
    4.4 EPDM MARKET, BY MANUFACTURING PROCESS 
          FIGURE 12 SOLUTION POLYMERIZATION TO LEAD MARKET DURING FORECAST PERIOD
    4.5 GLOBAL EPDM MARKET, BY KEY COUNTRY 
          FIGURE 13 CHINA TO RECORD FASTEST GROWTH DURING FORECAST PERIOD
 
5 MARKET OVERVIEW (Page No. - 50)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
          FIGURE 14 EPDM MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Expansion of global automotive sector
                    5.2.1.2 Increasing use of EPDM polymers in blended products
           5.2.2 RESTRAINTS
                    5.2.2.1 Use of thermoplastic elastomers as substitutes for EPDM
                                TABLE 1 THERMOPLASTIC ELASTOMERS: TPV AND TPO
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Rising demand for electric vehicles to provide new revenue streams for EPDM manufacturers
                                TABLE 2 TYPES OF RUBBER PARTS USED IN ELECTRIC VEHICLES AND INTERNAL COMBUSTION ENGINES
                    5.2.3.2 Development of sustainable technologies for EPDM production
           5.2.4 CHALLENGES
                    5.2.4.1 Anti-dumping duties imposed by China on EPDM import
                    5.2.4.2 Difficulties in recycling EPDM
    5.3 PORTER’S FIVE FORCES ANALYSIS 
          FIGURE 15 EPDM MARKET: PORTER’S FIVE FORCES ANALYSIS
          TABLE 3 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 SUPPLY CHAIN ANALYSIS 
          FIGURE 16 EPDM MARKET: SUPPLY CHAIN ANALYSIS
    5.5 VALUE CHAIN ANALYSIS 
          FIGURE 17 EPDM MARKET: VALUE CHAIN ANALYSIS
    5.6 TARIFF AND REGULATORY LANDSCAPE 
           5.6.1 TARIFFS RELATED TO EPDM MARKET
                    TABLE 4 AVERAGE TARIFF RATES, BY COUNTRY, 2022
           5.6.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 5 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 6 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 7 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    5.7 KEY CONFERENCES & EVENTS IN 2024–2025 
          TABLE 8 EPDM MARKET: KEY CONFERENCES & EVENTS, 2024–2025
    5.8 CASE STUDY ANALYSIS 
           5.8.1 EPDM ROOFING MEMBRANE IDEAL CHOICE FOR POOLING APPLICATION
           5.8.2 EPDM ROOFING MEMBRANE IDEAL CHOICE FOR GREEN ROOF APPLICATION
    5.9 MACROECONOMIC OVERVIEW 
           5.9.1 GLOBAL GDP OUTLOOK
                    TABLE 9 GLOBAL GDP GROWTH PROJECTION, 2019–2026 (USD BILLION)
    5.10 TECHNOLOGY ANALYSIS 
           5.10.1 KEY TECHNOLOGIES
                    5.10.1.1 Ziegler-Natta catalyst
                    5.10.1.2 Metallocene catalysts
                    5.10.1.3 Ace technology
                    5.10.1.4 Advanced molecular catalyst technology
           5.10.2 COMPLEMENTARY TECHNOLOGIES
                    5.10.2.1 Bio-based EPDM
                    5.10.2.2 Nanotechnology
    5.11 PRICING ANALYSIS 
           5.11.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY APPLICATION
                     TABLE 10 AVERAGE SELLING PRICE OF KEY PLAYERS, BY TOP 3 APPLICATIONS (USD/KG)
           5.11.2 PRICING ANALYSIS BASED ON REGION
                     FIGURE 18 EPDM MARKET: AVERAGE SELLING PRICE, BY REGION (USD/KG)
                     TABLE 11 AVERAGE SELLING PRICE OF KEY PLAYERS, BY REGION, 2022–2028 (USD/KG)
    5.12 TRADE ANALYSIS 
           5.12.1 EXPORT SCENARIO OF EPDM
                     FIGURE 19 ETHYLENE-PROPYLENE DIENE RUBBER “EPDM,” NON-CONJUGATED, IN PRIMARY FORMS OR IN PLATES, SHEETS, OR STRIP (400270) EXPORTS, BY KEY COUNTRY, 2018–2022 (USD MILLION)
           5.12.2 MPORT SCENARIO OF EPDM
                     FIGURE 20 ETHYLENE-PROPYLENE-DIENE RUBBER ”EPDM”, NON-CONJUGATED, IN PRIMARY FORMS OR IN PLATES, SHEETS, OR STRIP (400270) IMPORTS, BY KEY COUNTRY, 2018–2022 (USD MILLION)
    5.13 ECOSYSTEM MAP 
           TABLE 12 EPDM MARKET: ECOSYSTEM
           FIGURE 21 EPDM MARKET: ECOSYSTEM MAP
    5.14 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 
           FIGURE 22 ELECTRIC & HYBRID VEHICLES AND ENVIRONMENT-FRIENDLY PRODUCTS TO ENHANCE FUTURE REVENUE MIX
           5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
                     FIGURE 23 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR APPLICATIONS
                     TABLE 13 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP APPLICATIONS (%)
           5.14.2 BUYING CRITERIA
                     FIGURE 24 KEY BUYING CRITERIA FOR TOP APPLICATIONS
                     TABLE 14 KEY BUYING CRITERIA FOR EPDM FOR TOP APPLICATIONS
    5.15 PATENT ANALYSIS 
           FIGURE 25 NUMBER OF PATENTS GRANTED FOR EPDM, 2013–2023
           FIGURE 26 REGIONAL ANALYSIS OF PATENTS GRANTED FOR EPDM, 2013–2023
           TABLE 15 PATENTS IN EPDM MARKET, 2022–2023
    5.16 WIRES AND CABLES INVESTMENT LANDSCAPE 
           FIGURE 27 INVESTOR DEALS AND FUNDING IN WIRES AND CABLES SOARED IN 2019
 
6 EPDM MARKET, BY MANUFACTURING PROCESS (Page No. - 77)
    6.1 INTRODUCTION 
          FIGURE 28 SOLUTION POLYMERIZATION PROCESS TO HAVE LARGEST MARKET SHARE DURING FORECAST PERIOD
          TABLE 16 EPDM MARKET, BY MANUFACTURING PROCESS, 2017–2020 (KILOTON)
          TABLE 17 EPDM MARKET, BY MANUFACTURING PROCESS, 2021–2028 (KILOTON)
          TABLE 18 EPDM MARKET, BY MANUFACTURING PROCESS, 2017–2020 (USD MILLION)
          TABLE 19 EPDM MARKET, BY MANUFACTURING PROCESS, 2021–2028 (USD MILLION)
    6.2 SOLUTION POLYMERIZATION PROCESS 
           6.2.1 APPLICATION IN VARIOUS END-USE INDUSTRIES TO DRIVE MARKET
                    TABLE 20 SOLUTION POLYMERIZATION PROCESS: EPDM MARKET, BY REGION, 2017–2020 (KILOTON)
                    TABLE 21 SOLUTION POLYMERIZATION PROCESS: EPDM MARKET, BY REGION, 2021–2028 (KILOTON)
                    TABLE 22 SOLUTION POLYMERIZATION PROCESS: EPDM MARKET, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 23 SOLUTION POLYMERIZATION PROCESS: EPDM MARKET, BY REGION, 2021–2028 (USD MILLION)
    6.3 SLURRY/SUSPENSION PROCESS 
           6.3.1 REDUCED NEED FOR SOLVENT AND SOLVENT HANDLING EQUIPMENT TO DRIVE MARKET
                    TABLE 24 SLURRY/SUSPENSION PROCESS: EPDM MARKET, BY REGION, 2017–2020 (KILOTON)
                    TABLE 25 SLURRY/SUSPENSION PROCESS: EPDM MARKET, BY REGION, 2021–2028 (KILOTON)
                    TABLE 26 SLURRY/SUSPENSION PROCESS: EPDM MARKET, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 27 SLURRY/SUSPENSION PROCESS: EPDM MARKET, BY REGION, 2021–2028 (USD MILLION)
    6.4 GAS-PHASE POLYMERIZATION PROCESS 
           6.4.1 RISING DEMAND FOR ECOFRIENDLY PRODUCTS TO BOOST MARKET
                    TABLE 28 GAS-PHASE POLYMERIZATION PROCESS: EPDM MARKET, BY REGION, 2017–2020 (KILOTON)
                    TABLE 29 GAS-PHASE POLYMERIZATION PROCESS: EPDM MARKET, BY REGION, 2021–2028 (KILOTON)
                    TABLE 30 GAS-PHASE POLYMERIZATION PROCESS: EPDM MARKET, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 31 GAS-PHASE POLYMERIZATION PROCESS: EPDM MARKET, BY REGION, 2021–2028 (USD MILLION)
 
7 EPDM MARKET, BY APPLICATION (Page No. - 85)
    7.1 INTRODUCTION 
          TABLE 32 APPLICATIONS OF EPDM
          FIGURE 29 AUTOMOTIVE SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
          TABLE 33 EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
          TABLE 34 EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
          TABLE 35 EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
          TABLE 36 EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
    7.2 AUTOMOTIVE 
           7.2.1 HIGH DEMAND FOR NEW ENERGY VEHICLES TO DRIVE MARKET
                    TABLE 37 AUTOMOTIVE: EPDM MARKET, BY REGION, 2017–2020 (KILOTON)
                    TABLE 38 AUTOMOTIVE: EPDM MARKET, BY REGION, 2021–2028 (KILOTON)
                    TABLE 39 AUTOMOTIVE: EPDM MARKET, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 40 AUTOMOTIVE: EPDM MARKET, BY REGION, 2021–2028 (USD MILLION)
    7.3 BUILDING & CONSTRUCTION 
           7.3.1 INCREASING USE OF EPDM IN ROOFING APPLICATIONS TO DRIVE MARKET
                    TABLE 41 BUILDING & CONSTRUCTION: EPDM MARKET, BY REGION, 2017–2020 (KILOTON)
                    TABLE 42 BUILDING & CONSTRUCTION: EPDM MARKET, BY REGION, 2021–2028 (KILOTON)
                    TABLE 43 BUILDING & CONSTRUCTION: EPDM MARKET, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 44 BUILDING & CONSTRUCTION: EPDM MARKET, BY REGION, 2021–2028 (USD MILLION)
    7.4 PLASTIC MODIFICATION 
           7.4.1 INCREASING DEMAND FROM AUTOMOTIVE AND CONSTRUCTION SECTORS TO DRIVE MARKET
                    TABLE 45 PLASTIC MODIFICATIONS: EPDM MARKET, BY REGION, 2017–2020 (KILOTON)
                    TABLE 46 PLASTIC MODIFICATIONS: EPDM MARKET, BY REGION, 2021–2028 (KILOTON)
                    TABLE 47 PLASTIC MODIFICATIONS: EPDM MARKET, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 48 PLASTIC MODIFICATIONS: EPDM MARKET, BY REGION, 2021–2028 (USD MILLION)
    7.5 TIRES & TUBES 
           7.5.1 RISING DEMAND FOR EPDM BLEND & TUBES TO DRIVE MARKET
                    TABLE 49 TIRES & TUBES: EPDM MARKET, BY REGION, 2017–2020 (KILOTON)
                    TABLE 50 TIRES & TUBES: EPDM MARKET, BY REGION, 2021–2028 (KILOTON)
                    TABLE 51 TIRES & TUBES: EPDM MARKET, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 52 TIRES & TUBES: EPDM MARKET, BY REGION, 2021–2028 (USD MILLION)
    7.6 WIRES & CABLES 
           7.6.1 PRESSING NEED IN HIGH-VOLTAGE APPLICATIONS TO DRIVE MARKET
                    TABLE 53 WIRES & CABLES: EPDM MARKET, BY REGION, 2017–2020 (KILOTON)
                    TABLE 54 WIRES & CABLES: EPDM MARKET, BY REGION, 2021–2028 (KILOTON)
                    TABLE 55 WIRES & CABLES: EPDM MARKET, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 56 WIRES & CABLES: EPDM MARKET, BY REGION, 2021–2028 (USD MILLION)
    7.7 LUBRICANT ADDITIVES 
           7.7.1 INCREASED USE IN AUTOMOTIVE APPLICATIONS TO DRIVE MARKET
                    TABLE 57 LUBRICANT ADDITIVES: EPDM MARKET, BY REGION, 2017–2020 (KILOTON)
                    TABLE 58 LUBRICANT ADDITIVES: EPDM MARKET, BY REGION, 2021–2028 (KILOTON)
                    TABLE 59 LUBRICANT ADDITIVES: EPDM MARKET, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 60 LUBRICANT ADDITIVES: EPDM MARKET, BY REGION, 2021–2028 (USD MILLION)
    7.8 OTHER APPLICATIONS 
          TABLE 61 OTHER APPLICATIONS: EPDM MARKET, BY REGION, 2017–2020 (KILOTON)
          TABLE 62 OTHER APPLICATIONS: EPDM MARKET, BY REGION, 2021–2028 (KILOTON)
          TABLE 63 OTHER APPLICATIONS: EPDM MARKET, BY REGION, 2017–2020 (USD MILLION)
          TABLE 64 OTHER APPLICATIONS: EPDM MARKET, BY REGION, 2021–2028 (USD MILLION)
 
8 EPDM MARKET, BY REGION (Page No. - 100)
    8.1 INTRODUCTION 
          FIGURE 30 CHINA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
          TABLE 65 EPDM MARKET, BY REGION, 2017–2020 (KILOTON)
          TABLE 66 EPDM MARKET, BY REGION, 2021–2028 (KILOTON)
          TABLE 67 EPDM MARKET, BY REGION, 2017–2020 (USD MILLION)
          TABLE 68 EPDM MARKET, BY REGION, 2021–2028 (USD MILLION)
    8.2 ASIA PACIFIC 
          FIGURE 31 ASIA PACIFIC: EPDM MARKET SNAPSHOT
          TABLE 69 ASIA PACIFIC: EPDM MARKET, BY COUNTRY, 2017–2020 (KILOTON)
          TABLE 70 ASIA PACIFIC: EPDM MARKET, BY COUNTRY, 2021–2028 (KILOTON)
          TABLE 71 ASIA PACIFIC: EPDM MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
          TABLE 72 ASIA PACIFIC: EPDM MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
          TABLE 73 ASIA PACIFIC: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
          TABLE 74 ASIA PACIFIC: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
          TABLE 75 ASIA PACIFIC: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
          TABLE 76 ASIA PACIFIC: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
          TABLE 77 ASIA PACIFIC: EPDM MARKET, BY MANUFACTURING PROCESS, 2017–2020 (KILOTON)
          TABLE 78 ASIA PACIFIC: EPDM MARKET, BY MANUFACTURING PROCESS, 2021–2028 (KILOTON)
          TABLE 79 ASIA PACIFIC: EPDM MARKET, BY MANUFACTURING PROCESS, 2017–2020 (USD MILLION)
          TABLE 80 ASIA PACIFIC: EPDM MARKET, BY MANUFACTURING PROCESS, 2021–2028 (USD MILLION)
           8.2.1 CHINA
                    8.2.1.1 Imposition of anti-dumping duties by government to enhance domestic market
                                TABLE 81 CHINA: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
                                TABLE 82 CHINA: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
                                TABLE 83 CHINA: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
                                TABLE 84 CHINA: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
           8.2.2 INDIA
                    8.2.2.1 Growing automotive sector to drive EPDM market
                                TABLE 85 INDIA: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
                                TABLE 86 INDIA: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
                                TABLE 87 INDIA: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
                                TABLE 88 INDIA: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
           8.2.3 JAPAN
                    8.2.3.1 Steady increase in exports to drive EPDM market
                                TABLE 89 JAPAN: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
                                TABLE 90 JAPAN: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
                                TABLE 91 JAPAN: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
                                TABLE 92 JAPAN: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
           8.2.4 SOUTH KOREA
                    8.2.4.1 Technological development and innovation in automotive industry to drive growth
                                TABLE 93 SOUTH KOREA: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
                                TABLE 94 SOUTH KOREA: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
                                TABLE 95 SOUTH KOREA: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
                                TABLE 96 SOUTH KOREA: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
           8.2.5 THAILAND
                    8.2.5.1 Development in automotive sector to drive demand for EPDM
                                TABLE 97 THAILAND: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
                                TABLE 98 THAILAND: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
                                TABLE 99 THAILAND: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
                                TABLE 100 THAILAND: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
           8.2.6 INDONESIA
                    8.2.6.1 Government initiatives to boost demand
                                TABLE 101 INDONESIA: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
                                TABLE 102 INDONESIA: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
                                TABLE 103 INDONESIA: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION
                                TABLE 104 INDONESIA: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
           8.2.7 REST OF ASIA PACIFIC
                    TABLE 105 REST OF ASIA PACIFIC: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
                    TABLE 106 REST OF ASIA PACIFIC: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
                    TABLE 107 REST OF ASIA PACIFIC: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
                    TABLE 108 REST OF ASIA PACIFIC: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
    8.3 NORTH AMERICA 
          FIGURE 32 NORTH AMERICA: EPDM MARKET SNAPSHOT
          TABLE 109 NORTH AMERICA: EPDM MARKET, BY COUNTRY, 2017–2020 (KILOTON)
          TABLE 110 NORTH AMERICA: EPDM MARKET, BY COUNTRY, 2021–2028 (KILOTON)
          TABLE 111 NORTH AMERICA: EPDM MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
          TABLE 112 NORTH AMERICA: EPDM MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
          TABLE 113 NORTH AMERICA: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
          TABLE 114 NORTH AMERICA: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
          TABLE 115 NORTH AMERICA: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
          TABLE 116 NORTH AMERICA: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
          TABLE 117 NORTH AMERICA: EPDM MARKET, BY MANUFACTURING PROCESS, 2017–2020 (KILOTON)
          TABLE 118 NORTH AMERICA: EPDM MARKET, BY MANUFACTURING PROCESS, 2021–2028 (KILOTON)
          TABLE 119 NORTH AMERICA: EPDM MARKET, BY MANUFACTURING PROCESS, 2017–2020 (USD MILLION)
          TABLE 120 NORTH AMERICA: EPDM MARKET, BY MANUFACTURING PROCESS, 2021–2028 (USD MILLION)
           8.3.1 US
                    8.3.1.1 Automotive sector to be largest consumer of EPDM
                                TABLE 121 US: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
                                TABLE 122 US: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
                                TABLE 123 US: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
                                TABLE 124 US: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
           8.3.2 CANADA
                    8.3.2.1 Growing automotive sector to provide new opportunities for EPDM market
                                TABLE 125 CANADA: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
                                TABLE 126 CANADA: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
                                TABLE 127 CANADA: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
                                TABLE 128 CANADA: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
           8.3.3 MEXICO
                    8.3.3.1 Liberalization in trade policy to drive growth
                                TABLE 129 MEXICO: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
                                TABLE 130 MEXICO: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
                                TABLE 131 MEXICO EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
                                TABLE 132 MEXICO: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
    8.4 EUROPE 
          TABLE 133 EUROPE: EPDM MARKET, BY COUNTRY, 2017–2020 (KILOTON)
          TABLE 134 EUROPE: EPDM MARKET, BY COUNTRY, 2021–2028 (KILOTON)
          TABLE 135 EUROPE: EPDM MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
          TABLE 136 EUROPE: EPDM MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
          TABLE 137 EUROPE: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
          TABLE 138 EUROPE: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
          TABLE 139 EUROPE: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
          TABLE 140 EUROPE: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
          TABLE 141 EUROPE: EPDM MARKET, BY MANUFACTURING PROCESS, 2017–2020 (KILOTON)
          TABLE 142 EUROPE: EPDM MARKET, BY MANUFACTURING PROCESS, 2021–2028 (KILOTON)
          TABLE 143 EUROPE: EPDM MARKET, BY MANUFACTURING PROCESS, 2017–2020 (USD MILLION)
          TABLE 144 EUROPE: EPDM MARKET, BY MANUFACTURING PROCESS, 2021–2028 (USD MILLION)
           8.4.1 GERMANY
                    8.4.1.1 Growth in demand for EVs to drive EPDM market
                                TABLE 145 GERMANY: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
                                TABLE 146 GERMANY: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
                                TABLE 147 GERMANY: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
                                TABLE 148 GERMANY: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
           8.4.2 POLAND
                    8.4.2.1 Growth in FDI to enhance recovery of automotive sector
                                TABLE 149 POLAND: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
                                TABLE 150 POLAND: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
                                TABLE 151 POLAND: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
                                TABLE 152 POLAND: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
           8.4.3 ITALY
                    8.4.3.1 Growth in end-use industries to drive demand for EPDM
                                TABLE 153 ITALY: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
                                TABLE 154 ITALY: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
                                TABLE 155 ITALY: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
                                TABLE 156 ITALY: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
           8.4.4 TURKEY
                    8.4.4.1 Increasing investments in automotive sector to boost demand for EPDM
                                TABLE 157 TURKEY: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
                                TABLE 158 TURKEY: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
                                TABLE 159 TURKEY: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
                                TABLE 160 TURKEY: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
           8.4.5 CZECH REPUBLIC
                    8.4.5.1 Increased focus on EVs and hybrid vehicles to drive demand for EPDM
                                TABLE 161 CZECH REPUBLIC: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
                                TABLE 162 CZECH REPUBLIC: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
                                TABLE 163 CZECH REPUBLIC: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
                                TABLE 164 CZECH REPUBLIC: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
           8.4.6 SPAIN
                    8.4.6.1 Rising EV adoption to boost demand for EPDM
                                TABLE 165 SPAIN: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
                                TABLE 166 SPAIN: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
                                TABLE 167 SPAIN: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
                                TABLE 168 SPAIN: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
           8.4.7 FRANCE
                    8.4.7.1 Government initiatives for EV transition to drive EPDM market
                                TABLE 169 FRANCE: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
                                TABLE 170 FRANCE: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
                                TABLE 171 FRANCE: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
                                TABLE 172 FRANCE: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
           8.4.8 REST OF EUROPE
                    TABLE 173 REST OF EUROPE: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
                    TABLE 174 REST OF EUROPE: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
                    TABLE 175 REST OF EUROPE: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
                    TABLE 176 REST OF EUROPE: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
    8.5 MIDDLE EAST & AFRICA 
          TABLE 177 MIDDLE EAST & AFRICA: EPDM MARKET, BY COUNTRY, 2017–2020 (KILOTON)
          TABLE 178 MIDDLE EAST & AFRICA: EPDM MARKET, BY COUNTRY, 2021–2028 (KILOTON)
          TABLE 179 MIDDLE EAST & AFRICA: EPDM MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
          TABLE 180 MIDDLE EAST & AFRICA: EPDM MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
          TABLE 181 MIDDLE EAST & AFRICA: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
          TABLE 182 MIDDLE EAST & AFRICA: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
          TABLE 183 MIDDLE EAST & AFRICA: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
          TABLE 184 MIDDLE EAST & AFRICA: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
          TABLE 185 MIDDLE EAST & AFRICA: EPDM MARKET, BY MANUFACTURING PROCESS, 2017–2020 (KILOTON)
          TABLE 186 MIDDLE EAST & AFRICA: EPDM MARKET, BY MANUFACTURING PROCESS, 2021–2028 (KILOTON)
          TABLE 187 MIDDLE EAST & AFRICA: EPDM MARKET, BY MANUFACTURING PROCESS, 2017–2020 (USD MILLION)
          TABLE 188 MIDDLE EAST & AFRICA: EPDM MARKET, BY MANUFACTURING PROCESS, 2021–2028 (USD MILLION)
           8.5.1 SAUDI ARABIA
                    8.5.1.1 Vision 2030 and other government plans to boost construction and automotive sectors to fuel market
                                TABLE 189 SAUDI ARABIA: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
                                TABLE 190 SAUDI ARABIA: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
                                TABLE 191 SAUDI ARABIA: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
                                TABLE 192 SAUDI ARABIA: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
           8.5.2 UAE
                    8.5.2.1 Increased investments in construction sector to drive market
                                TABLE 193 UAE: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
                                TABLE 194 UAE: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
                                TABLE 195 UAE: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
                                TABLE 196 UAE: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
           8.5.3 REST OF GCC
                    TABLE 197 REST OF GCC: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
                    TABLE 198 REST OF GCC: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
                    TABLE 199 REST OF GCC: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
                    TABLE 200 REST OF GCC: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
           8.5.4 SOUTH AFRICA
                    8.5.4.1 Strategic expansion of EPDM market in automotive and industrial sectors to drive demand
                                TABLE 201 SOUTH AFRICA: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
                                TABLE 202 SOUTH AFRICA: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
                                TABLE 203 SOUTH AFRICA: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
                                TABLE 204 SOUTH AFRICA: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
           8.5.5 REST OF MIDDLE EAST & AFRICA
                    TABLE 205 REST OF MIDDLE EAST & AFRICA: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
                    TABLE 206 REST OF MIDDLE EAST & AFRICA: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
                    TABLE 207 REST OF MIDDLE EAST & AFRICA: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
                    TABLE 208 REST OF MIDDLE EAST & AFRICA: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
    8.6 SOUTH AMERICA 
          TABLE 209 SOUTH AMERICA: EPDM MARKET, BY COUNTRY, 2017–2020 (KILOTON)
          TABLE 210 SOUTH AMERICA: EPDM MARKET, BY COUNTRY, 2021–2028 (KILOTON)
          TABLE 211 SOUTH AMERICA: EPDM MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
          TABLE 212 SOUTH AMERICA: EPDM MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
          TABLE 213 SOUTH AMERICA: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
          TABLE 214 SOUTH AMERICA: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
          TABLE 215 SOUTH AMERICA: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
          TABLE 216 SOUTH AMERICA: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
          TABLE 217 SOUTH AMERICA: EPDM MARKET, BY MANUFACTURING PROCESS, 2017–2020 (KILOTON)
          TABLE 218 SOUTH AMERICA: EPDM MARKET, BY MANUFACTURING PROCESS, 2021–2028 (KILOTON)
          TABLE 219 SOUTH AMERICA: EPDM MARKET, BY MANUFACTURING PROCESS, 2017–2020 (USD MILLION)
          TABLE 220 SOUTH AMERICA: EPDM MARKET, BY MANUFACTURING PROCESS, 2021–2028 (USD MILLION)
           8.6.1 BRAZIL
                    8.6.1.1 Rising demand from automotive sector to support market growth
                                FIGURE 33 BRAZIL: TOTAL VEHICLE PRODUCTION, 2010–2022 (UNITS)
                                TABLE 221 BRAZIL: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
                                TABLE 222 BRAZIL: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
                                TABLE 223 BRAZIL: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
                                TABLE 224 BRAZIL: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
           8.6.2 ARGENTINA
                    8.6.2.1 Increasing production of vehicles to drive market
                                TABLE 225 ARGENTINA: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
                                TABLE 226 ARGENTINA: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
                                TABLE 227 ARGENTINA: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
                                TABLE 228 ARGENTINA: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
           8.6.3 REST OF SOUTH AMERICA
                    TABLE 229 REST OF SOUTH AMERICA: EPDM MARKET, BY APPLICATION, 2017–2020 (KILOTON)
                    TABLE 230 REST OF SOUTH AMERICA: EPDM MARKET, BY APPLICATION, 2021–2028 (KILOTON)
                    TABLE 231 REST OF SOUTH AMERICA: EPDM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
                    TABLE 232 REST OF SOUTH AMERICA: EPDM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
 
9 COMPETITIVE LANDSCAPE (Page No. - 174)
    9.1 OVERVIEW 
          TABLE 233 OVERVIEW OF STRATEGIES ADOPTED BY KEY EPDM PLAYERS
    9.2 REVENUE ANALYSIS 
          FIGURE 34 REVENUE ANALYSIS FOR KEY PLAYERS IN PAST FIVE YEARS
    9.3 MARKET SHARE ANALYSIS 
          FIGURE 35 MARKET SHARE OF KEY PLAYERS, 2022
          TABLE 234 EPDM MARKET: DEGREE OF COMPETITION
    9.4 COMPANY EVALUATION AND FINANCIAL MATRICES 
          FIGURE 36 COMPANY VALUATION (USD BILLION)
          FIGURE 37 FINANCIAL MATRIX: EV/EBITDA RATIO
    9.5 PRODUCT/BRAND COMPARISON 
          FIGURE 38 PRODUCT COMPARISON
    9.6 COMPANY EVALUATION MATRIX, 2022 
           9.6.1 STARS
           9.6.2 EMERGING LEADERS
           9.6.3 PERVASIVE PLAYERS
           9.6.4 PARTICIPANTS
                    FIGURE 39 EPDM MARKET: COMPANY EVALUATION MATRIX, 2022
           9.6.5 COMPANY FOOTPRINT
                    FIGURE 40 EPDM MARKET: COMPANY FOOTPRINT (13 COMPANIES)
                    TABLE 235 EPDM MARKET: APPLICATION FOOTPRINT (13 COMPANIES)
                    TABLE 236 REGION FOOTPRINT (13 COMPANIES)
                    TABLE 237 EPDM MARKET: COMPANY FOOTPRINT (13 COMPANIES)
    9.7 STARTUPS/SMES EVALUATION MATRIX 
           9.7.1 PROGRESSIVE COMPANIES
           9.7.2 RESPONSIVE COMPANIES
           9.7.3 DYNAMIC COMPANIES
           9.7.4 STARTING BLOCKS
                    FIGURE 41 STARTUPS/SMES EVALUATION MATRIX, 2022
           9.7.5 COMPETITIVE BENCHMARKING
                    TABLE 238 EPDM MARKET: DETAILED LIST OF KEY START-UPS/SMES
                    TABLE 239 EPDM MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS [STARTUPS/SMES]
           9.7.6 COMPETITIVE SCENARIO
                    9.7.6.1 Product launches
                                TABLE 240 EPDM MARKET: PRODUCT LAUNCHES, 2019–2022
                    9.7.6.2 Deals
                                TABLE 241 EPDM MARKET: DEALS, 2019–2022
 
10 COMPANY PROFILES (Page No. - 191)
(Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Key strengths, Strategic choices, Weaknesses and competitive threats)*    
     10.1 KEY PLAYERS 
             10.1.1 EXXON MOBIL CORPORATION
                        TABLE 242 EXXON MOBIL CORPORATION: COMPANY OVERVIEW
                        FIGURE 42 EXXON MOBIL CORPORATION: COMPANY SNAPSHOT
                        TABLE 243 EXXON MOBIL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             10.1.2 VERSALIS S.P.A
                        TABLE 244 VERSALIS S.P.A.: COMPANY OVERVIEW
                        FIGURE 43 VERSALIS S.P.A: COMPANY SNAPSHOT
                        TABLE 245 VERSALIS S.P.A: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             10.1.3 DOW
                        TABLE 246 DOW: COMPANY OVERVIEW
                        FIGURE 44 DOW: COMPANY SNAPSHOT
                        TABLE 247 DOW: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 248 DOW: PRODUCT LAUNCHES
                        TABLE 249 DOW: OTHERS
             10.1.4 ARLANXEO
                        TABLE 250 ARLANXEO: COMPANY OVERVIEW
                        TABLE 251 ARLANXEO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 252 ARLANXEO: DEALS
                        TABLE 253 ARLANXEO: EXPANSIONS
             10.1.5 PETROCHINA COMPANY LIMITED
                        TABLE 254 PETROCHINA COMPANY LIMITED: COMPANY OVERVIEW
                        FIGURE 45 PETROCHINA COMPANY LIMITED: COMPANY SNAPSHOT
                        TABLE 255 PETROCHINA COMPANY LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             10.1.6 LION ELASTOMERS
                        TABLE 256 LION ELASTOMERS: COMPANY OVERVIEW
                        TABLE 257 LION ELASTOMERS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 258 LION ELASTOMERS: DEALS
                        TABLE 259 LION ELASTOMERS: EXPANSIONS
             10.1.7 SK GEO CENTRIC CO., LTD
                        TABLE 260 SK GEO CENTRIC CO., LTD: COMPANY OVERVIEW
                        TABLE 261 SK GEO CENTRIC CO., LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             10.1.8 KUMHO POLYCHEM
                        TABLE 262 KUMHO POLYCHEM: COMPANY OVERVIEW
                        TABLE 263 KUMHO POLYCHEM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             10.1.9 ENEOS HOLDINGS, INC.
                        TABLE 264 ENEOS HOLDINGS, INC.: COMPANY OVERVIEW
                        FIGURE 46 ENEOS HOLDINGS, INC.: COMPANY SNAPSHOT
                        TABLE 265 ENEOS HOLDINGS, INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 266 ENEOS HOLDINGS INC.: DEALS
             10.1.10 MITSUI CHEMICALS, INC.
                        TABLE 267 MITSUI CHEMICALS, INC.: COMPANY OVERVIEW
                        FIGURE 47 MITSUI CHEMICALS, INC.: COMPANY SNAPSHOT
                        TABLE 268 MITSUI CHEMICALS, INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             10.1.11 CARLISLE COMPANIES INC.
                        TABLE 269 TABLE 28 CARLISLE COMPANIES INC.: COMPANY OVERVIEW
                        FIGURE 48 CARLISLE COMPANIES INC.: COMPANY SNAPSHOT
                        TABLE 270 CARLISLE COMPANIES INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 271 CARLISLE COMPANIES INC.: PRODUCT LAUNCHES
             10.1.12 PETRO RABIGH
                        TABLE 272 PETRO RABIGH: COMPANY OVERVIEW
                        FIGURE 49 PETRO RABIGH: COMPANY SNAPSHOT
                        TABLE 273 PETRO RABIGH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             10.1.13 SABIC
                        TABLE 274 SABIC: COMPANY OVERVIEW
                        FIGURE 50 SABIC: COMPANY SNAPSHOT
                        TABLE 275 SABIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
*Details on Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Key strengths, Strategic choices, Weaknesses and competitive threats might not be captured in case of unlisted companies.
     10.2 OTHER PLAYERS 
             10.2.1 SHANGHAI SINOPEC MITSUI ELASTOMERS, CO., LTD.
                        TABLE 276 SHANGHAI SINOPEC MITSUI ELASTOMERS, CO., LTD.: COMPANY OVERVIEW
             10.2.2 JIAXING RUNNING RUBBER & PLASTIC CO., LTD
                        TABLE 277 JIAXING RUNNING RUBBER & PLASTIC CO., LTD: COMPANY OVERVIEW
             10.2.3 FIRESTONE BUILDING PRODUCTS
                        TABLE 278 FIRESTONE BUILDING PRODUCTS: COMPANY OVERVIEW
             10.2.4 DENKA ELASTLUTION CO., LTD.
                        TABLE 279 DENKA ELASTLUTION CO., LTD.: COMPANY OVERVIEW
             10.2.5 RADO GUMMI GMBH
                        TABLE 280 RADO GUMMI GMBH: COMPANY OVERVIEW
             10.2.6 SUMITOMO BAKELITE COMPANY LIMITED
                        TABLE 281 SUMITOMO BAKELITE COMPANY LIMITED: COMPANY OVERVIEW
             10.2.7 BRP MANUFACTURING
                        TABLE 282 BRP MANUFACTURING: COMPANY OVERVIEW
             10.2.8 WEST AMERICAN RUBBER COMPANY LLC
                        TABLE 283 WEST AMERICAN RUBBER COMPANY LLC: COMPANY OVERVIEW
             10.2.9 UNIRUBBER
                        TABLE 284 UNIRUBBER: COMPANY OVERVIEW
             10.2.10 FAIRMONT INDUSTRIES SDN BHD
                        TABLE 285 FAIRMONT INDUSTRIES SDN BHD.: COMPANY OVERVIEW
             10.2.11 ELJI INTERNATIONAL LLC
                        TABLE 286 ELJI INTERNATIONAL LLC.: COMPANY OVERVIEW
             10.2.12 CIKAUTXO GROUP
                        TABLE 287 CIKAUTXO GROUP: COMPANY OVERVIEW
 
11 ADJACENT AND RELATED MARKETS (Page No. - 227)
     11.1 INTRODUCTION 
     11.2 SYNTHETIC RUBBER MARKET 
             TABLE 288 SYNTHETIC RUBBER MARKET, BY REGION, 2020–2027 (KILOTON)
             TABLE 289 SYNTHETIC RUBBER MARKET, BY REGION, 2020–2027 (USD MILLION)
 
12 APPENDIX (Page No. - 229)
     12.1 DISCUSSION GUIDE 
     12.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     12.3 CUSTOMIZATION OPTIONS 
     12.4 RELATED REPORTS 
     12.5 AUTHOR DETAILS 

This research involved the use of extensive secondary sources and databases, such as Factiva and Bloomberg, to identify and collect information useful for a technical and market-oriented study of the EPDM market. Primary sources included industry experts from related industries and preferred suppliers, manufacturers, distributors, technologists, standards & certification organizations, and organizations related to all segments of the value chain of this industry. In-depth interviews have been conducted with various primary respondents, such as key industry participants, subject matter experts (SMEs), executives of key companies, and industry consultants, to obtain and verify critical qualitative and quantitative information as well as to assess growth prospects.

Secondary Research

In the secondary research process, various sources such as annual reports, press releases, and investor presentations of companies; white papers; and publications from recognized websites and databases have been referred to for identifying and collecting information. Secondary research has been used to obtain key information about the industry's supply chain, the total pool of key players, market classification and segmentation according to the industry trends to the bottom-most level, regional markets, and key developments from both market- and technology-oriented perspectives.

Primary Research

The EPDM market comprises several stakeholders in the supply chain, which include suppliers, processors, and end-product users. 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, managers, directors, 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.

Market Size Estimation: Bottom-Up Approach

EPDM Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Market Size Estimation: Top-Down Approach

EPDM Market Size, and Share

Data Triangulation

After arriving at the total market size from the estimation process explained above, the overall market was split into several segments and subsegments. To complete the overall market size estimation process and arrive at the exact statistics for all segments and subsegments, the data triangulation and market breakdown procedures have been employed, wherever applicable. The data have been triangulated by studying various factors and trends from both the demand and supply sides. In addition, the market size has been validated by using both the top-down and bottom-up approaches.

Market Definition

Ethylene propylene diene monomer or EPDM is a copolymer of ethylene, propylene, and non-conjugated diene monomers. EPDM is a synthetic rubber that is an M-class rubber under ASTM standard D-1418. It is a saturated elastomer that provides resistance against polar solvents. The major catalysts used in the production of EPDM are Ziegler–Natta catalysts or Metallocene catalysts. The major processes used in the manufacturing of EPDM are slurry (suspension), gas-phase, and solution. The solution polymerization process is usually used in the commercial production of EPDM. EPDM rubber provides resistance against heat, aging, UV, and ozone. However, EPDM shows poor resistance against hydrocarbon fuel and solvents.

Key Stakeholders

  • Government, and consulting firms
  • End User
  • Research and Development Organizations
  • EPDM manufacturers, dealers, traders, and suppliers.

Report Objectives

  • To define, describe, and forecast the global EPDM market in terms of 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 manufacturing process, application, and region
  • To forecast the market size, in terms of value, with respect to five main regions: North America, Europe, Asia Pacific, South America, and Middle East & Africa.
  • 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 launches, capacity expansions, and mergers & acquisitions.
  • To strategically profile the leading players and comprehensively analyze their key developments in the 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 the APAC EPDM market
  • Further breakdown of the Rest of Europe’s EPDM market

Company Information:

  • Detailed analysis and profiling of additional market players (up to 5)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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Mar, 2024
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