The ethylene propylene diene monomer global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Ethylene Propylene Diene Monomer Market, 2024 report by The Business Research Company
offers comprehensive insights into the current state of the market and
highlights future growth opportunities.
Market Size -
The ethylene propylene diene monomer market size has grown strongly in recent
years. It will grow from $4.16 billion in 2023 to $4.53 billion in 2024 at a
compound annual growth rate (CAGR) of 8.8%.
The growth in the historic period
can be attributed to automotive industry growth, construction and
infrastructure development, replacement of traditional materials, enhanced durability,
environmental regulations.
The ethylene propylene diene monomer market size is expected to see strong
growth in the next few years. It will grow to $6.39 billion in 2028 at a
compound annual growth rate (CAGR) of 9.0%.
The growth in the forecast period can be attributed to automotive
electrification, solar energy installations, infrastructure rehabilitation,
resilient roofing, low voc requirements. Major trends in the forecast period
include electric vehicle (ev) sealing, 3d printing applications, advanced
sealing technology, advanced sealing technology, customized epdm compounds.
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Scope Of Ethylene Propylene Diene Monomer Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
Ethylene Propylene Diene Monomer Market Overview
Market Drivers -
The increase in demand for zero-emission vehicles is driving the growth of the
ethylene propylene diene monomer market. Zero-emission vehicles mean vehicles
that do not emit harmful gases or pollutants and offer a wide range of
advantages, such as low maintenance costs, low running costs and zero tailpipe
emissions. Ethylene propylene diene monomer is utilized in zero-emission
vehicles because it has noise-reducing qualities and attaches readily to metal,
providing a solid barrier against weather, road surface, and engine vibration.
According to the International Energy Agency (IEA) report, sales of electric
cars reached 3 million units in 2020, a 40% increase from previous year, and
are estimated to reach 300 million units by 2030. Therefore, the increase in
demand for zero-emission vehicles is driving the ethylene propylene diene
monomer market.
The ethylene propylene diene monomer market covered in this report is segmented
–
1) By Manufacturing Process: Solution Polymerization Process, Slurry And
Suspension Process, Gas-Phase Polymerization Process
2) By Sales Channel: Direct Sales, Indirect Sales
3) By Application: Automotive, Building, And Construction, Manufacturing,
Electrical And Electronics, Other Applications
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Regional Insights -
Asia-Pacific was the largest region in the ethylene propylene diene monomer
market in 2023. North America was the second-largest region in the ethylene
propylene diene monomer market. The regions covered in the ethylene propylene
diene monomer market report include Asia-Pacific, Western Europe, Eastern
Europe, North America, South America, Middle East and Africa.
Key Companies -
Major companies operating in the ethylene propylene diene monomer market
include The Dow Chemical Company, Exxon
Mobil Corporation, Firestone Building Products Company LLC, Johns Manville
Inc., KUMHO POLYCHEM, The Goodyear Tire & Rubber Company, Kumho Polychem,
Carlisle Companies Inc., PetroChina, Versalis S.p.A., Sumitomo Chemical, JSR
Corporation, Nizhnekamskneftekhim, Polimeri Europa, Jilin Xingyun Chemical,
Lion Elastomers, Eni Versalis, Arlanxeo, Mitsubishi Chemical Corporation,
Zhejiang Cenway New Materials, Formosa Plastics Corporation, SABIC, TSRC
Corporation
Table of Contents
1. Executive Summary
2. Ethylene Propylene Diene Monomer Market Report Structure
3. Ethylene Propylene Diene Monomer Market Trends And Strategies
4. Ethylene Propylene Diene Monomer Market – Macro Economic Scenario
5. Ethylene Propylene Diene Monomer Market Size And Growth
…..
27. Ethylene Propylene Diene Monomer Market Competitor Landscape And Company
Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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