(EMAILWIRE.COM, September 05, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Ethylene Propylene Diene Monomer (EPDM) market for 2018-2023.

Ethylene propylene diene monomer (EPDM) is a high-density rubber that is very durable. EPDM has some characteristics that make it especially suitable for gaskets, electrical insulation and lamination. EPDM can be finished to an extremely smooth surface. EPDM has great resistance to abrasives, tearing, solvents and high temperatures. EPDM has excellent flexibility at high and low temperatures.
In terms of volume, the production of Ethylene Propylene Diene Monomer (EPDM) was about 1481 K MT in 2017. And it is anticipated to reach 1909 K MT by 2024.
North America is the dominate producer of Ethylene Propylene Diene Monomer (EPDM), the production was 463 K MT in 2017, accounting for about 34.64% of the total amount, followed by Europe, with the production market share of 20.89%. China has the highest production growth rate of 69.82% from 2012 to 2016. With huge space for growth in the Chinese market exists, the quality and technology should be further improved.
The industry concentration of EPDM is very high. Leading players in Ethylene Propylene Diene Monomer (EPDM) industry are Lanxess, ExxonMobil, DOW and JSR/Kumho. Lanxess is the largest manufacturer; with the production market share of 26% in 2017 the top five occupied about 72.88% production share of the market in 2017.
Automotive Industry accounted for the largest market with about 51.33% share of the global consumption in 2017. Moreover, it is anticipated to grow at a CAGR of 6.24% from 2018 to 2024. With over 22.65% share in the Ethylene Propylene Diene Monomer (EPDM) market, Building & Construction was the second largest application market in 2017, and is anticipated to grow at a CAGR of 1.82%, in terms of consumption volume, from 2018 to 2024.
Under the influence of raw material, market competitions and economic conditions, the price of Ethylene Propylene Diene Monomer (EPDM) fluctuate from 2018 to 2024. In the next few years, we predict that price will maintain an uptrend. As competition intensifies, prices gap between different brands will go narrowing.

Over the next five years, this report projects that Ethylene Propylene Diene Monomer (EPDM) will register a 5.2% CAGR in terms of revenue, reach US$ 4340 million by 2023, from US$ 3200 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Ethylene Propylene Diene Monomer (EPDM) market by product type, application, key manufacturers and key regions.

To calculate the market size, this report considers value and volume generated from the sales of the following segments:

Segmentation by product type:
Solution Polymerization
Suspension Polymerization
Segmentation by application:
Automotive Industry
Building & Construction
Wires & Cables
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Lanxess
ExxonMobil
DOW
SK Chemical
JSR/Kumho
Sumitomo
Lion Elastomers
MITSUI
PJSC Nizhnekamskneftekhim
SABIC
Eni (Polimeri Europa)
SSME
Jilin Xingyun Chemical

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Ethylene Propylene Diene Monomer (EPDM) consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Ethylene Propylene Diene Monomer (EPDM) market by identifying its various subsegments.
Focuses on the key global Ethylene Propylene Diene Monomer (EPDM) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Ethylene Propylene Diene Monomer (EPDM) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Ethylene Propylene Diene Monomer (EPDM) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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