The increasing dominance of synthetic rubber variants such as ethylene propylene diene monomer (EPDM) in the worldwide rubber market can be widely attributed to polarization of regional production operations in addition to the high volatility of prices for natural rubber, which is increasingly pushing users away from natural rubber towards alternatives like EPDM. EPDM displayed great mechanical strength and resistance to temperature changes, which enables it to find extensive application in the building and construction industries. This has aided in generating substantial requirement for the material on a global scale. Through 2019, the EPDM market is expected to reach a valuation of ~USD 3.9 billion with a robust CAGR or ~ 6 per cent through the period of forecast to 2027. A study of the global ethylene propylene diene monomer (EPDM) industry is collated and published in the report titled, "Ethylene Propylene Diene Monomer (EPDM) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027" that has been added to the extensive research repository of Market Research Hub (MRH).
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Increased Applications of Thermoplastic Vulcanizates Helps
The global automotive industries is one of the largest users for ethylene propylene diene monomer, owing to the rising applicability of thermoplastic vulcanizates with resistance to weather and chemicals is generating greater demand.
Further, as sustainability becomes an issue of global importance, the EPDM industry is also working towards cutting down on the carbon footprint. Consequently, manufacturers are increasing their focus on the manufacture of bio-based EPDM variations with properties including temperature flexibility, oil resistance, tensile strength, and more.
The Asia Pacific market is currently the leading region for the ethylene propylene diene monomer, and is expected to display a high rate of growth through 2027. China and India in particular are expected to create substantial opportunities for growth, which is pushing companies to expand their operations to the region through capacity expansion or acquisition operations.
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Ethylene Propylene Diene Monomer (EPDM) Market: Overview of Report
The report on the ethylene propylene diene monomer (EPDM) industry provides the readers with an in depth analysis on the landscape of thermoplastic ingredients around the globe. Industry-based forecasting models include a complete analysis of the research publications and primary interviews with manufacturers in addition to the relevant consumer data.
The report also includes detailed interviews conducted by leading market analysts with industry leaders, thermoplastic experts and industry analysts to provide essential validations of the production volume and relevant conclusions in the study.
The ethylene propylene diene monomer (EPDM) report forecasts performance of the market progress in terms of volume trajectories by different categories including the cost of production and raw materials, in addition to factors such as the growth of the personal care market. For each of these categories, business development strategies and market projections that have been adopted by key market players for specific strategies have also been included in the report.
Valuable insights which can be helpful for manufacturers that are operating in the ethylene propylene diene monomer (EPDM) industry are provided in the report. Also, a study of barriers to market entry, pricing analysis, market expansion strategies, and supply to demand equations makes the report a very credible source of information for business professionals interested in the ethylene propylene diene monomer (EPDM) market.
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