Global Ethylene Propylene Diene Monomer (EPDM) Market report published by Accurize Market Research forecast that the global market is expected to reach $5.7 billion by 2025; growing at a CAGR of 3.7% from 2017 to 2025. By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.

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Increasing construction and renovation activities along with growing demand for durable synthetic rubbers to drive the growth of the market

Increasing construction and renovation activities along with growing demand for durable synthetic rubbers fuel the demand for the global ethylene propylene diene monomer (EPDM) market. Furthermore, increasing the EPDM application scope in the automotive industry with users such as insulation, engine hosepipe, and door & window seals also boosts the growth of the market.

Market Segmentation

The global ethylene propylene diene monomer (EPDM)market has been bifurcated on the basis of application and geography. The application segment is segmented as automotive, building & construction, plastic modifications, tires & tubes, wires & cables, lubricant additives, and others. By geography, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW).

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Top players in the market

The key market players include Petrochina Co. Ltd., Versalis (Polimeri Europa S.P.A.), ExxonMobil Chemical Company, Sk Global Chemical Co. Ltd., Mitsui Chemicals Inc., Carlisle Companies Inc., Dow Elastomers, John Manville Inc., JSR Corporation, KumhoPolychem Co. Ltd., Lanxess Ag, Lion Copolymer Llc, OaoNizhnekamskneftekhim and Sumitomo Chemical Co. Ltd. among others.