EPDM Market CAGR is expected to be 10.54% during the forecast period and the market size is expected to reach nearly USD 4.85 Bn. by 2029.
EPDM Market Overview:
The EPDM Market analysis provides a full insight into the competition, including the market share and company profiles of the key worldwide rivals. The scope of the research covers a thorough investigation of the EPDM Market , as well as the causes for variances in the industry’s growth in different regions.
Market Scope:
Following the completion of market engineering, which comprised market statistics calculations, estimations of market size, market projections, market breakdown, and data triangulation, major primary research was conducted to obtain information and verify and validate critical numbers. Top-down and bottom-up strategies, as well as several data triangulation procedures, were often used throughout the market engineering process to perform market estimating and forecasting for the overall market segments and sub-segments discussed in this research. In order to give vital information throughout the report, extensive qualitative and quantitative analysis is done on all data gathered throughout the market engineering process.
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Segmentation:
by Application
Automotive
Building & construction
Tires and Tubes
Wires & Cables
Lubricant Additives
by Product type
Hoses
Seals & O-Rings
Gaskets
Rubber Compounds
Roofing Membranes
Connectors and insulators
Weather Stripping
Others
by Manufacturing Process
Solution Polymerization Process
Slurry/Suspension Process
Gas-phase Polymerization Process
by Sales Channel
Direct sales
Indirect sale
Key Players:
Primary and secondary research is used to identify market leaders, and primary and secondary research are used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.
The biggest players in the EPDM Market are as follows:
1. Carlisle Companies Incorporated
2. Dow Elastomers
3. Exxonmobil Chemical Company
4. JSR Corporation
5. Johns Manville Incorporated
6. Kumho Polychem Co. Ltd.
7. Lanxess AG
8. Lion Copolymer Llc.
9. Mitsui Chemicals Inc
10. OAO Nizhnekamskneftekhim
11. Firestone Building Products Company
12. Petrochina Co. Ltd.
13. SK Global Chemical Co. Ltd.
14. Versalis (Polymer Europa Spa)
15. Sumitomo Chemical Co., Ltd.
Regional Analysis:
Individual market influencing components and changes in market regulations affecting the present and future market trends are also included in the regional overview of the EPDM Market analysis. Current and future trends are researched in order to assess the entire market potential and identify profitable patterns in order to get a stronger foothold. The geographical market assessment is based on the present environment and expected developments.
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COVID-19 Impact Analysis on EPDM Market :
End-user industries where EPDM Market are utilised saw a dip in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a pause in operations. This resulted in a significant decrease in the revenues of businesses working in these industries and, as a result, in demand for EPDM Market manufacturers, influencing the development of the EPDM Market in 2020. End-user business demand for EPDM Market has declined significantly as a result of lockdowns and an increase in COVID-19 events worldwide.
Key Questions Answered in the EPDM Market Report are:
- In 2021, which segment held the highest proportion of the EPDM Market ?
- What is the EPDM Market ‘s competitive landscape?
- What are the primary drivers assisting EPDM Market growth?
- Which region has the most market share in the EPDM Market ?
- What will be the EPDM Market ‘s CAGR throughout the projected period?
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