Market Overview:
The global EPDM elastomer market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the automotive and electrical & electronics applications are expected to drive the market during the forecast period. Asia Pacific is projected to be the fastest-growing region in terms of value, while North America is estimated to lead in terms of volume during the forecast period.
Product Definition:
EPDM elastomer is a synthetic rubber material that has high resistance to heat, weathering, and ozone. It is commonly used in seals, gaskets, and hoses in automotive and industrial applications.
Solution Polymerization:
Solution polymerization is a type of polymerization in which the catalyst and monomers are dissolved in a common solvent. The solution then reacts to form solid polymers, which can be cast or extruded as desired.
The most widely used solvents for solution polymerization include aromatic hydrocarbons such as benzene, chlorobenzene and xylene; aliphatic hydrocarbons such as hexane.
Suspension Polymerization:
Suspension polymerization is a type of emulsion polymerization in which the monomers are suspended in an organic solvent. The suspension is usually made up of two liquids, one being the reactant and other being the catalyst. The process takes place at atmospheric pressure and temperature.
The most commonly used catalysts for suspension polymerization are metal oxides such as aluminum oxide, zinc oxide, etc.
Application Insights:
Automotive was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The global automotive industry has been witnessing significant growth due to rising disposable income levels, especially in emerging markets such as China, India, Brazil and Mexico. This trend is projected to continue over the forecast period thus driving demand for EPDM elastomers.
The growing electronics industry across various regions coupled with increasing consumer spending on advanced technologies including 4K TVs, smartwatches and self-driving cars is expected to drive product demand from electrical & electronics applications over the forecast period. These are some of the most energy efficient materials available which also helps reduce overall weight of a vehicle which further improves fuel efficiency leading to lower carbon emissions during production of vehicles or tires respectively.
Electrical & electronic manufacturing accounted for 20% market share by revenue in 2017 owing to high product performance along with properties such as durability, flexibility.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is also anticipated to register a significant CAGR of XX% from 2018 to 2030 owing to rapid industrialization, favorable government policies, and increasing population in China and India. In addition, rising disposable income levels are likely to boost demand for consumer goods such as automobiles, which will further propel industry growth over the coming years.
Europe accounted for a major share of revenue in 2017 due primarily expansion of automotive production capacity by Volkswagen Group; Mercedes Benz; BMW AG; Fiat Chrysler Automobiles N.V.; Ford Motor Company Europe GmbH & Co., KG; Opel AG; Renault S.A.
Growth Factors:
- Increasing demand for EPDM elastomer in the automotive industry on account of its properties such as heat and ozone resistance, durability, and flexibility.
- Rising demand for EPDM elastomer from the construction sector owing to its properties such as weather resistance and high thermal stability.
- Growing use of EPDM elastomer in electrical & electronics applications on account of its excellent insulation properties.
- Increasing demand for EPDM elastomers in medical applications due to their biocompatibility and non-toxicity characteristics
Scope Of The Report
Report Attributes
Report Details
Report Title
EPDM Elastomer Market Research Report
By Type
Solution Polymerization, Suspension Polymerization
By Application
Automotive, Electrical & Electronics, Industrial, Medical, Power Generation
By Companies
Lanxess, ExxonMobil, DOW, SK Chemical, JSR/Kumho, Sumitomo, Lion Elastomers, MITSUI, PJSC Nizhnekamskneftekhim, SABIC, Eni(Polimeri Europa), SSME, Jilin Xingyun Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global EPDM Elastomer Market Report Segments:
The global EPDM Elastomer market is segmented on the basis of:
Types
Solution Polymerization, Suspension Polymerization
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Electrical & Electronics, Industrial, Medical, Power Generation
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lanxess
- ExxonMobil
- DOW
- SK Chemical
- JSR/Kumho
- Sumitomo
- Lion Elastomers
- MITSUI
- PJSC Nizhnekamskneftekhim
- SABIC
- Eni(Polimeri Europa)
- SSME
- Jilin Xingyun Chemical
Highlights of The EPDM Elastomer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solution Polymerization
- Suspension Polymerization
- By Application:
- Automotive
- Electrical & Electronics
- Industrial
- Medical
- Power Generation
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the EPDM Elastomer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
EPDM elastomer is a type of rubber that has excellent resistance to oil, gas and water. It is also resistant to most chemicals and has good flexibility.
Some of the major players in the epdm elastomer market are Lanxess, ExxonMobil, DOW, SK Chemical, JSR/Kumho, Sumitomo, Lion Elastomers, MITSUI, PJSC Nizhnekamskneftekhim, SABIC, Eni(Polimeri Europa), SSME, Jilin Xingyun Chemical.
The epdm elastomer market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 EPDM Elastomer Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 EPDM Elastomer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 EPDM Elastomer Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the EPDM Elastomer Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global EPDM Elastomer Market Size & Forecast, 2018-2028
4.5.1 EPDM Elastomer Market Size and Y-o-Y Growth
4.5.2 EPDM Elastomer Market Absolute $ Opportunity
Chapter 5 Global EPDM Elastomer Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 EPDM Elastomer Market Size Forecast by Type
5.2.1 Solution Polymerization
5.2.2 Suspension Polymerization
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global EPDM Elastomer Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 EPDM Elastomer Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Electrical & Electronics
6.2.3 Industrial
6.2.4 Medical
6.2.5 Power Generation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global EPDM Elastomer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 EPDM Elastomer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America EPDM Elastomer Analysis and Forecast
9.1 Introduction
9.2 North America EPDM Elastomer Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America EPDM Elastomer Market Size Forecast by Type
9.6.1 Solution Polymerization
9.6.2 Suspension Polymerization
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America EPDM Elastomer Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Electrical & Electronics
9.10.3 Industrial
9.10.4 Medical
9.10.5 Power Generation
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe EPDM Elastomer Analysis and Forecast
10.1 Introduction
10.2 Europe EPDM Elastomer Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe EPDM Elastomer Market Size Forecast by Type
10.6.1 Solution Polymerization
10.6.2 Suspension Polymerization
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe EPDM Elastomer Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Electrical & Electronics
10.10.3 Industrial
10.10.4 Medical
10.10.5 Power Generation
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific EPDM Elastomer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific EPDM Elastomer Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific EPDM Elastomer Market Size Forecast by Type
11.6.1 Solution Polymerization
11.6.2 Suspension Polymerization
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific EPDM Elastomer Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Electrical & Electronics
11.10.3 Industrial
11.10.4 Medical
11.10.5 Power Generation
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America EPDM Elastomer Analysis and Forecast
12.1 Introduction
12.2 Latin America EPDM Elastomer Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America EPDM Elastomer Market Size Forecast by Type
12.6.1 Solution Polymerization
12.6.2 Suspension Polymerization
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America EPDM Elastomer Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Electrical & Electronics
12.10.3 Industrial
12.10.4 Medical
12.10.5 Power Generation
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) EPDM Elastomer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) EPDM Elastomer Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) EPDM Elastomer Market Size Forecast by Type
13.6.1 Solution Polymerization
13.6.2 Suspension Polymerization
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) EPDM Elastomer Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Electrical & Electronics
13.10.3 Industrial
13.10.4 Medical
13.10.5 Power Generation
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 EPDM Elastomer Market: Competitive Dashboard
14.2 Global EPDM Elastomer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lanxess
14.3.2 ExxonMobil
14.3.3 DOW
14.3.4 SK Chemical
14.3.5 JSR/Kumho
14.3.6 Sumitomo
14.3.7 Lion Elastomers
14.3.8 MITSUI
14.3.9 PJSC Nizhnekamskneftekhim
14.3.10 SABIC
14.3.11 Eni(Polimeri Europa)
14.3.12 SSME
14.3.13 Jilin Xingyun Chemical
