In recent years, demand for generic drugs has seen a prolific rise. High developmental and investment costs associated with branded formulations has prompted key players to invest in alternative formulae which are more affordable and accessible to people, especially in the developing world. On the back of abovementioned factors, the global generic injectables market is projected to witness an i...
A new report by Fact.MR provides a comprehensive Sales outlook of global Ethylene Propylene Diene Monomer market. Careful analysis of the past, present and future trends of different end-user industries has been considered while forecasting the growth & Demand between the period of 2020-2030
The report presents a full understanding of major dynamics of Ethylene Propylene Diene Monomer Market Demand such as on-going market trends, opportunities, Sales growth drivers, and barriers.
EPDM Market: an Overview and Dynamics
EPDM also known as ethylene propylene diene monomer is a synthetic versatile rubber used in variety of applications including automotive, construction, HVAC (heating, ventilation, and air conditioning) etc.
EPDM is a copolymer of ethylene, propylene and diene monomers due to which it offers several beneficial properties like excellent heat and aging resistance.
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The report inspects the micro and macro-economic factors that are anticipated to foster the Sales growth and outlook of Ethylene Propylene Diene Monomer Market.
Owing to its excellent resistivity against environmental factors such as UV and weather conditions it has emerged as a choice of material in building and construction applications. Other bundled advantages such as high electrical insulation and more resistance against water than any other rubber available in the market, EPDM is set to become the choice of rubber in HVAC applications.
The report answers various key questions related to Ethylene Propylene Diene Monomer market Trends and outlook :-
- How the Sales growth will unfold for global Ethylene Propylene Diene Monomer market in the years ahead?
- How the outlook of end users will impact the Ethylene Propylene Diene Monomer market Sales?
- Which regions are believed to witness highest growth in upcoming years?
- Which country and region capture the largest market in Ethylene Propylene Diene Monomer market Demand?
- Which products are expected to witness lucrative Sales growth during assessment period?
- What are current on-going market trends & Demand and key business strategies being adopted by various key and niche players?
The global Ethylene Propylene Diene Monomer report is segmented based on its product type, application, technology, and the end-user industry..
Segmentation analysis of EPDM Market:
The global EPDM market is bifurcated into two major segments: application, and region.
On the basis of application, EPDM market has been segmented as follows:
- Building & Construction
On the basis of geographic regions, EPDM market is segmented as
- North America
- Latin America
- East Asia
- South Asia and Oceania
- Middle East & Africa
In addition readers of report will get an in-depth analysis of diverse trends together with technological and product developments in Ethylene Propylene Diene Monomer market Outlook Survey.
Critical insights enclosed in the Ethylene Propylene Diene Monomer market Sales Report
- In-depth assessment of the leading Key players.
- The Survey of Ethylene Propylene Diene Monomer regional market segments and sub-segments.
- Recent mergers, acquisitions, collaborations, partnerships, and R&D activities.
- SWOT analysis of the prominent players in Ethylene Propylene Diene Monomer market.
- Y-o-Y revenue growth of Ethylene Propylene Diene Monomer market Sales.
- Unbiased analysis on market size of Ethylene Propylene Diene Monomer
- Competitive analysis of Ethylene Propylene Diene Monomer Market
- Transformations in Demand of Ethylene Propylene Diene Monomer market dynamics
Detailed information on consumptions and demand ratio of diverse products/services linked to Sales growth dynamics of Ethylene Propylene Diene Monomer market is covered in report. This aside, Survey report presents reliable data on revenues and volumes of all key geographical regions.
EPDM Market: Regional Outlook
The report on the global EPDM market covers six major regions that include North America, Europe, Latin America, East Asia, South Asia & Oceania, and MEA. Steady growth in china’s automotive industry has made China a leading consumer of EPDM accounting for over one fourth of the global consumption in 2019.
China’s supremacy over other countries is projected to continue during the forecast period. On the back of China and Japan, East Asia has dominated the global EPDM market in 2019 and set to maintain its reign over other regions in global EPDM market.
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Further, the Ethylene Propylene Diene Monomer market Survey report emphasizes the adoption pattern And Demand of Ethylene Propylene Diene Monomer across various industries.
The Ethylene Propylene Diene Monomer Sales study offers a comprehensive analysis on diverse features including production capacities, demand, product developments, Ethylene Propylene Diene Monomer Sales revenue generation and Ethylene Propylene Diene Monomer Market Outlook across the globe.
Leading Companies Profiled in the Ethylene Propylene Diene Monomer Market are:
In this report, leading market participants involved in the manufacturing of Ethylene Propylene Diene Monomer Market are covered. Analysis regarding their product portfolio, key financials such as market shares and sales, SWOT analysis and key strategies, Demand & Supply Chain are included.
The Ethylene Propylene Diene Monomer Market outlook report takes a close look at each part and its subpart futures before looking at the 360 degree view of the Ethylene Propylene Diene Monomer Market Sales.
EPDM Market: Key Players
Prominent players in the global EPDM market are BRP Manufacturing Dow Chemical, Mitsui Chemicals, Exxon Mobil Corporation, ARLANXEO, LANXESS AG, and Evonik Industries AG. EPDM market is a partially fragmented market consisting local and international players ruling the market.
In order to meet the increasing demand for EPDM for range of applications prominent companies like Evonik industries, Dow and Lanxess offers range of EPDM products for specific applications. For instance, Dow offers EPDM under trademark NORDEL which is available in different densities and forms as per applications requirement.
EPDM is also used as a blend with other polymers to enhance the properties of the product and increasing usages of EDPM as a polymer blend will offer lucrative opportunities for market players.
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The report mentions growth parameters in the regional markets along with major players dominating the regional growth.
A comprehensive estimate on Demand of Ethylene Propylene Diene Monomer market has been provided through an optimistic scenario as well as a conservative scenario that account the sales & demand of Ethylene Propylene Diene Monomer market. Price point comparison by region with global average price is also considered in study.
COVID Impact Insights
The spread of the coronavirus has forced nearly all countries to impose lockdowns and strict social distancing measures. This has forced to shut down almost every production plants across the globe. Spread of coronavirus has halted any kind of activity across borders affecting supply demand equations.
Fear of coronavirus has affected every industrial activity in every sectors and so the EPDM market. As per new normal, chunk of peoples are working from their home which has declined automotive sales by over 70 to 80%. Automotive industry being a primary consumer of EPDM will have direct impact on the market.
Further, other important sector for EPDM market is construction industry which is going through huge recession due to coronavirus outbreak and is set to impact the market’s growth till construction industry recovers.
Efficacy to offer impressive insulation and exceptional noise reduction offered by EPDM it has been used in the automotive industry for the range of applications including but not limited to door, window, and trunk seals and window spacers.
Attributed to widespread applications in automotive, it has become the largest consumer of EPDM and is set to augment the market growth during the forecast period.
Further, attributed to EPDM’s exceptional insulation and operating temperature range from -50o to 177o Celsius it has become ideal material in HVAC applications.
Increasing demand for EPDM in HVAC for applications like compressor grommets, mandrel formed drain tubes, pressure switch tubing, and panel gaskets and seals are set to fuel the market growth. Attributed to aforementioned facts, the global EPDM market is poised to embark on a positive growth trajectory, registering a CAGR of ~3 over the forecast period (2020-2030).
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NOTE: Our team of industry researchers are studying Covid-19 and its impact on Sales growth of Ethylene Propylene Diene Monomer market and where necessary we will consider the Covid-19 footmark for better analysis of market and industries. Contact us cogently for more detailed information.
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