EPDM Market

DOW Inc. (US) and Versalis S.p. A. (Italy) are Leading Players in the EPDM Market

The global EPDM market is projected to grow from USD 3.6 billion in 2022 to USD 4.8 billion by 2027, at a CAGR of 5.9% during the forecast period. The recovery of automotive sector in the APAC region is driving the EPDM market during the forecast period.

Ethylene propylene diene monomer or EPDM is a copolymer of ethylene, propylene, and non-conjugated diene monomers. 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, gas-phase, and solution. 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 solvent.

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The major industry players are adopted expansions, joint venture and new product development as growth strategies in the last four years. The leading players in the market are ARLANXEO (Netherlands), Exxon Mobil Corporation (US), DOW Inc. (US), Kumho Polychem Co. Ltd. (South Korea), PetroChina Company Limited (China), Versalis S.p. A. (Italy), SK Global Chemical Co., Ltd. (South Korea), Mitsui Chemicals, Inc. (Japan), Lion Elastomers LLC (US), PJSC Nizhnekamskneftekhim (Russia), SABIC (Saudi Arabia), and others.

 DOW Inc. is a manufacturer of chemical products for various end-use industries. The company operates through six global businesses divided into three segments: packaging & specialty plastics, performance materials & coatings, and industrial intermediates & infrastructure. The company has 106 manufacturing plants in 31 countries across the globe. The company has a global presence across the Americas, Asia Pacific, and EMEA. It has a diverse product portfolio. The company provides EPDM rubber under the packaging & specialty plastics business. The company provides EPDM under the brand name NORDEL. As of 2021, the company has over 35,700 employees, globally.

Versalis S.p.A is a subsidiary of Italian oil and gas company, Eni S.p.A. The company is engaged in the production of a range of chemicals. The businesses of the company are segmented into five divisions: Intermediates, Styrenics, Polyethylene, Biotech, and Elastomers. The production plants for elastomers are present in Italy, the UK, and South Korea.

R& D centers are present in Italy at Ravenna and Ferrara. The Ravenna plant in Italy is a significant producer of synthetic rubber across Europe. The total production capacity for EPDM is over 245 KTPY. The company provides EPDM under the elastomer division. The end users of the company’s product include automotive, polymer modification, oil viscosity modifier, and building & construction. The company manufacture EPDM under the brand name DUTRAL. As of 2021, the company had 5,268 employees globally.

Arlanxeo is involved in manufacturing of synthetic rubber. The company was founded on 2006 and became a wholly owned subsidiary of Saudi Aramco (Saudi Arabia) in 2018 . The company is headquarted in The Hague, Netherlands. It has over 12 production plants and 9 R & D center, globally. The company offer EPDM products under the trademark Keltan. The company had over 3,900 employees, globally

The companies have initiated the following developments:

  • In March 2022, Arlanxeo planned to increase the operation capacity by 15% for its EPDM plant in Changzhou, China.
  • In May 2021, ENEOS Corporation acquired elastomers business from JSR Corporation. Elastomer business includes manufacture and sale of synthetic rubber.
  • 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 November 2019, Arlanxeo planned to close its EPDM plant in Orange, Texas, US to standardize technology for the production of EPDM across its product portfolio.
  • In August 2018, Saudi Aramco acquired the remaining 50% share of ARLANXEO from LANXESS for USD 1.58 Billion.
  • In September 2018, Versalis S.p.A started a new production facility for EPDM at Ferrara, Italy. The company invested USD 295 million on the project.
  • In July 2018, Exxon Mobil Corporation distribution partner Biesterfeld Petroplas Ltd. (UK) expanded EPDM distribution in the UK and Ireland.

Related Reports:

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 2027

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EPDM Market Size,  Share & Growth Report
Report Code
CH 2669
RI Published ON
6/3/2022
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