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Bookmark and Share Ethylene Propylene Diene Monomer (EPDM) Market Analysis, Growth To 2020: Grand View Research, Inc.

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Global ethylene propylene diene market is expected to witness significant growth over the forecast period on account of high synthetic rubber demand. Increasing EPDM penetration in end-use industries such as construction and electrical & electronics is expected to further fuel the global market growth.
EPDM exhibits beneficial characteristics such as resistance to ozone, heat, polar substances and weather. EPDM is touted to be a potential substitute for thermoplastic vulcanisates (TPV) and thermoplastic olefins (TPO) and is expected to foster the global market growth. High durable synthetic rubbers demand coupled with increasing construction spending in emerging economies of Asia Pacific and Latin America are expected to remain key drivers for global market growth. Increase in synthetic rubber demand is expected to impact market growth positively owing to high EPDM usage for roofing applications. Raw material supply bottlenecks are expected to restrain the market growth and simultaneously impact profitability of EPDM manufacturers thus resulting in increased product prices.This trend is expected to benefit the Asia Pacific market in terms of production.
Key players in the global EPDM market include ExxonMobil Chemical Company, Mitsui Chemicals, Laxness AG and The Dow Chemical Company Other players in the market are JSR Corporation, Kumho Polychem Company, Lion Copolymer, Versalis, Jilin Chemical, SK Global Chemical and Sumitomo Chemical Company Ltd.

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