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Ethylene Propylene Diene Monomer (EPDM) Market will reach valuation of US$ 6.2 Bn by 2027. Global EPDM market was valued at ~ US$ 3.8 Bn in 2018, and is anticipated to expand at a CAGR of ~ 6% during the forecast period.
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Ethylene Propylene Diene MonomerGlobal Industry Analysis, Size, Share, Growth, Trends and Forecast, 2019 – 2027 July 2019 Continual growth projected by end-use industries, including the automotive and building & construction sectors, has propelled the requirements for EPDM ©2019 Transparency Market Research, All Rights Reserved
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Research Insights The global ethylene propylene diene monomer (EPDM) market was valued at ~ US$ 3.8 Bn in 2018, and is anticipated to expand at a CAGR of ~ 6% during the forecast period. The global ethylene propylene diene monomer market is driven by the rise in the demand for EPDM in automotive applications such as rear-lamp gaskets, hoses, tire sidewalls, inner tire tubes, front and rear bumpers, and braking systems. Asia Pacific accounts for a major share of the global ethylene propylene diene monomer market, led by an increase in the demand for EPDM for use in thermoplastics modification in the region. Increasing demand for eco-friendly products as substitutes for PVC is projected to drive the TPE sector in North America. This, in turn, is likely to fuel the ethylene propylene diene monomer market in the region from 2019 to 2027. View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved
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