Ethylene propylene diene monomer (EPDM) is classified as a synthetic rubber as well as an elastomer, which is used in various applications including general and specialty purposes. It is made by forming blocks of ethylene and propylene, which act as a backbone for the long molecular chain of EPDM. The pendant diene is used in small amounts to chemically bind the chains during the vulcanized stem. EPDM rubber is resistant to many chemicals, UV, and ozone. This makes it suitable for outdoor use. The unique feature of EPDM is its stability in a wide range of temperatures. Due to this feature, the material can be stored and used in an environment where the temperature ranges between -20.2°F and 350.6°F. It has resistance to mild acids, alkalis, alcohols, detergents, ketones, silicone oil, and greases but it cannot be exposed to fuel. Thus, it is not recommended for applications in combination with petroleum oils and mineral.
Technavio’s analysts forecast the global EPDM market to grow at a CAGR of 7.36% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global EPDM market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of EPDM.
The market is divided into the following segments based on geography: • APAC • Europe • North America • ROW
Technavio’s report, Global EPDM Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • The Dow Chemical Company • ExxonMobil • Lion Elastomers • LANXESS • MITSUI CHEMICALS
Other prominent vendors • Covestro • Carlisle • Firestone Building Products • Jilin Xingyun Chemical • KUMHO PETROCHEMICAL • PetroChina • SK global chemical
Market driver • Growing demand for synthetic rubber • For a full, detailed list, view our report
Market challenge • Product limitations and lack of awareness • For a full, detailed list, view our report
Market trend • Increased production of bio-based EPDM • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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Gross Domestic Product
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