Dublin, April 28, 2025 (GLOBE NEWSWIRE) -- The "Ethylene Propylene Diene Monomer Market Report 2025" has been added to ResearchAndMarkets.com's offering.
The ethylene propylene diene monomer market size has grown strongly in recent years. It will grow from $4.5 billion in 2024 to $4.87 billion in 2025 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to automotive industry growth, construction and infrastructure development, replacement of traditional materials, enhanced durability, environmental regulations.
The ethylene propylene diene monomer market size is expected to see strong growth in the next few years. It will grow to $7.1 billion in 2029 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to automotive electrification, solar energy installations, infrastructure rehabilitation, resilient roofing, low-VOC requirements. Major trends in the forecast period include electric vehicle (EV) sealing, 3D printing applications, advanced sealing technology, advanced sealing technology, customized EPDM compounds.
The growing demand for zero-emission vehicles is a significant driver of the ethylene propylene diene monomer (EPDM) market. The International Energy Agency (IEA) reported a 40% increase in electric car sales, reaching 3 million units in 2020, with an estimated projection of 300 million units by 2030. This surge in demand for zero-emission vehicles is consequently driving the growth of the ethylene propylene diene monomer market.
The expanding construction industry is anticipated to drive the growth of the ethylene propylene diene monomer market. For example, in September 2023, reports from the United States Census Bureau, a U.S.-based government agency, indicated that the overall value of residential and non-residential construction in the U.S. rose by over 8% between 2020 and 2021. Additionally, according to reports published by Oxford Economics, a UK-based economic information services company, global construction output in 2020 was valued at US$10.7 trillion. It is projected to experience significant growth of approximately 42%, adding US$4.5 trillion and reaching a total of US$15.2 trillion by 2030. Therefore, the growth of the construction industry is expected to propel the ethylene propylene diene monomer market forward.
Major companies in the Ethylene Propylene Diene Monomer market are concentrating on creating innovative products, such as elastomeric materials, to enhance performance and sustainability across various applications, including the automotive and construction sectors. For example, in July 2024, Dow, a U.S.-based chemical company, introduced its bio-based NORDELT REN Ethylene Propylene Diene Terpolymers (EPDM) at the German Rubber Conference (DKT) 2024. This new product is aimed at promoting sustainability in multiple sectors, including automotive, infrastructure, and consumer applications. By utilizing bio residues from other industries as raw materials, NORDELT REN EPDM seeks to offer a lower-carbon alternative that does not compete for land resources or food production. The product is manufactured through an ISCC PLUS certified mass balance system, ensuring the traceability of bio-based materials.
Major players in the ethylene propylene diene monomer (EPDM) market are strategically focusing on expanding production capacities to meet the rising demand in industries such as automotive, construction, and others. One notable example is Arlanxeo, a Netherlands-based synthetic rubber company, which, in March 2022, announced a 15% increase in its EPDM production capacity at the Changzhou plant in China. This expansion was specifically undertaken to address the growing demand for EPDM in sectors like automotive and construction. The capacity enhancement was achieved through the implementation of efficiency improvement measures at the Changzhou plant, demonstrating Arlanxeo's commitment to meeting the increasing demand in key industries.
In December 2023, INEOS Group Limited, a UK-based chemical manufacturer of petrochemicals, specialty chemicals, and oil products, acquired LyondellBasell for an undisclosed amount. This acquisition aims to enable INEOS Group Limited to establish a strong presence in the U.S. oil and gas market while furthering its commitment to energy transition and sustainability through investments in low-carbon technologies. LyondellBasell is a Netherlands-based chemical company that produces a wide range of polymers and chemicals, including Ethylene Propylene Diene Monomer.
Asia-Pacific was the largest region in the ethylene propylene diene monomer market in 2024. North America was the second-largest region in the ethylene propylene diene monomer market. The regions covered in the global ethylene propylene diene monomer market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the ethylene propylene diene monomer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.
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Report Scope
Markets Covered:
1) By Manufacturing Process: Solution Polymerization Process, Slurry And Suspension Process, Gas-Phase Polymerization Process
2) By Sales Channel: Direct Sales, Indirect Sales
3) By Application: Automotive, Building, And Construction, Manufacturing, Electrical And Electronics, Other Applications
Subsegments:
1) By Solution Polymerization Process: Cold Polymerization; Hot Polymerization
2) By Slurry and Suspension Process: Slurry Polymerization; Suspension Polymerization
3) By Gas-Phase Polymerization Process: Gas-Phase Polymerization with Catalysts; Gas-Phase Polymerization Without Catalysts
Key Companies Profiled: The Dow Chemical Company; ExxonMobil Corporation; Firestone Building Products Company LLC; Johns Manville Inc.; KUMHO POLYCHEM
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 200 |
| Forecast Period | 2025-2029 |
| Estimated Market Value (USD) in 2025 | $4.87 Billion |
| Forecasted Market Value (USD) by 2029 | $7.1 Billion |
| Compound Annual Growth Rate | 9.9% |
| Regions Covered | Global |
Companies Featured
- The Dow Chemical Company
- ExxonMobil Corporation
- Firestone Building Products Company LLC
- Johns Manville Inc.
- KUMHO POLYCHEM
- The Goodyear Tire & Rubber Company
- Carlisle Companies Inc.
- PetroChina
- Versalis S.p.A.
- Sumitomo Chemical
- JSR Corporation
- Nizhnekamskneftekhim
- Polimeri Europa
- Jilin Xingyun Chemical
- Lion Elastomers
- Eni Versalis
- Arlanxeo
- Mitsubishi Chemical Corporation
- Zhejiang Cenway New Materials
- Formosa Plastics Corporation
- SABIC
- TSRC Corporation
For more information about this report visit https://www.researchandmarkets.com/r/r113fs
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