Global Ethylene Propylene Diene Monomer (EPDM) Rubber Market Analysis 2021 by Type: Million Insights


Global Ethylene Propylene DieneMonomer (EPDM) Rubber market is segmented on the basis of product, end users, and geography. EPDM (ethylene propylene diene monomer) is a high density synthetic rubber that is very durable. It is conventionally manufactured through the polymerization of solution. EPDM is formed using propylene and ethylene in the presence of catalysts and dienes.

EPDM has several features that make it especially appropriate for electrical insulation, gaskets, and lamination. EPDM is finished to form an extremely smooth surface. Ethylene propylene diene monomer (EPDM) has a great resistance to tearing, abrasives, solvents, and high temperatures. It has tremendous flexibility at low and high temperatures. EPDM has excellent electrical insulating properties and good resistance to ordinary diluted acids, alkaline, and ketones.
  
Ethylene propylene diene monomer (EPDM) rubbers are basically employed in the production of light weight components such as automotive interiors and automotive bumpers in the automotive industry. In the automotive industry, increasing demand for EPDM in different regions is likely to propel the ethylene propylene diene monomer (EPDM) rubber market in the upcoming years. EPDM rubber is also used in construction, plastics, electrical, and the other end user industries. The high demand for ethylene propylene diene monomer (EPDM) rubber is expected to grow in the years to come considering extensive growth of the construction and automotive markets.

The “automotive industry” is a main consumer of EPDM market. EPDM is used in the production of brake parts, radiator, windshield wipers, glass-run channel, tubing, body sealing, weather-stripping, engine mounts, roofing membrane, thermoplastic vulcanisates, and motor oil additive application in automotive industry. Also, EPDM is used in making vehicle glazing systems, o-rings, moisture barriers, valves, and pumps.

Similarly, EPDM rubber is used as a substitute for thermoplastic olefins (TPO) and thermoplastic vulcanisates (TPV) in plastic manufacturing industry. Upgradation of technology in manufacturing plastic modification further helps in the growth of the ethylene propylene diene monomer (EPDM) rubber market. Increasing usage of synthetic rubber in different end-user industries is expected to drive the ethylene propylene diene monomer (EPDM) market in the upcoming years. Based on product, ethylene propylene diene monomer (EPDM) rubber market is segmented into solution polymerization and suspension polymerization.

Based on end users, ethylene propylene diene monomer (EPDM) rubber market is segmented into automotive industry, building & construction, plastic modification, lubricant additive, tires & tubes, wires & cables and so on. Automotive industry is the largest end-user segment and is expected to witness the fastest growth during the forecast period.

Based on geography, ethylene propylene diene monomer (EPDM) rubber market is segmented into China, North America, Europe, Japan, Korea, Rest of Asia Pacific, South America and Middle East & Africa. Asia Pacific is the largest and fastest increasing market for EPDM rubber across the globe. EPDM rubber is used for manufacturing various automobile interiors parts. Growth in automobile industry in India, China, South Korea, Japan and Thailand further increase the EPDM rubber market in Asia Pacific region.

Key players operating in the ethylene propylene diene monomer (EPDM) rubber industry are ExxonMobil Chemical Company, Lanxess AG, The DOW Chemical Company, Mitsui Chemicals, SK Chemical, Sumitomo Chemical Company, JSR/ Kumho Corporation, Lion Elastomers, MITSUI, SABIC, PJSC Nizhnekamskneftekhim, Eni, SSME, Kumho Polychem Company and Jilin Xingyun Chemical.

Request a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/ethylene-propylene-diene-monomer-epdm-rubber-market/request-sample

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