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Ethylene Propylene EPDM Global Market Report 2023 – By Product Type (Solution Polymerization, Suspension Polymerization), By Application (Automotive, Building and Construction, Plastic Modification, Lubricant Additive, Wires and Cables, Tires and Tubes) – Market Size, Trends, And Market Forecast 2023-2032

Starting Price : $4000.00 | Pages : 175 | Published : January 2023 | SKU CODE : r1554 | Delivery Time: 2-3 business days | Format :


Ethylene propylene is a type of synthetic rubber formed as a terpolymer of ethylene, propylene, and a diene component. It is resistant to heat and electricity and is non-reactive towards acids and alkali compounds. Ethylene propylene is used in weather-stripping and seals, glass-run channels, radiators, garden and appliance hoses, tubing, belts, and electrical insulation.

The main product types of ethylene-propylene are solution polymerization and suspension polymerization. Solution polymerization is the polymerization that takes place in a solution. The presence of a solvent prevents the viscosity of the reaction mixture from becoming too high, which is beneficial for fluid flow and heat transfer. The various applications involved are automotive, building and construction, plastic modification, lubricant additives, wires and cables, and tires and tubes.

The ethylene-propylene market research report is one of a series of new reports from The Business Research Company that provides ethylene-propylene market statistics, including ethylene-propylene industry global market size, regional shares, competitors with an ethylene-propylene market share, detailed ethylene-propylene market segments, market trends and opportunities, and any further data you may need to thrive in the ethylene-propylene industry. This ethylene-propylene market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The global ethylene propylene (EPDM) market size will grow from $6.08 billion in 2022 to $6.69 billion in 2023 at a compound annual growth rate (CAGR) of 10.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global ethylene propylene (EPDM) market size is expected to grow from $9.45 billion in 2027 at a CAGR of 9.0%.

The use of ethylene propylene across various industries contributes to the growth of the ethylene-propylene market. In the automotive industry, EPDM products bond well with metals by providing a well-built barrier against the environment. EPDM possesses properties such as heat resistance, abrasion resistance, oil swell resistance, flame retardance, oxidation, ozone, and weather ageing due to its stable, saturated polymer backbone structure. Companies such as BRP manufacturing are providing EPDM for the automotive industry that includes under-the-hood, cabin pressure-equalizing assemblies, interior trim, and striker plate blinds. Thus, the usage of EPDM in different industries is contributing to the EPDM market's growth.

The release of volatile organic compounds (VOCs) while manufacturing ethylene-propylene causes environmental pollution, which is challenging the growth of the EPDM market. VOCs consist of different chemicals that show adverse effects on human health as well as on the environment as they release fine particulates into the atmosphere, resulting in the formation of smog and reduced visibility. For instance, to avoid harmful emissions of VOCs, the Hong Kong government has implemented various regulations, such as products exceeding normal emissions of VOCs are not allowed in the country. Thus, the increased release of VOCs from producing ethylene propylene is limiting its market growth.

The increasing demand for ethylene propylene diene monomer (EPDM) rubber produced from bio-based feedstock acts as a key trend driving the growth of the EPDM market. Renewable EPDM rubber uses raw materials such as sugar and glycerin to replace traditional feedstock such as isoprene and butadiene in synthetic rubber production to reduce greenhouse emissions and to achieve sustainability. For instance, Keltan, a Netherlands-based company, produced the first commercial bio-based feedstock, KELTAN ECo., based on renewable raw materials. Therefore, renewable EPDM rubber is expected to increase the market share of the EPDM market.

Major players in the ethylene-propylene market are The Dow Chemical Company, Exxon Mobil Corporation, Johns Manville, Inc., KUMHO POLYCHEM, Lanxess AG, Lion Elastomers LLC., Mitsui Chemicals, Inc., SK Global Chemical Co. Ltd., Sumitomo Chemical Co., Ltd., and Versalis S.p.A.

Asia-Pacific was the largest region in the ethylene-propylene market in 2022. Middle East was the second-largest region in the global ethylene-propylene market. The regions covered in the global ethylene-propylene market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the ethylene-propylene market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia.

The ethylene propylene market consists of the sales of ethylene propylene made with ethylene and propylene alone, and ethylene propylene made with small amounts of a diene (generally ethylidene norbornene or 1,4-hexadiene). Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The global ethylene propylene (EPDM) market is segmented -

1) By Product Type: Solution Polymerization, Suspension Polymerization

2) By Application: Automotive, Building & Construction, Plastic Modification, Lubricant Additive, Wires & Cables, Tires & Tubes

    Table Of Contents

    1. Executive Summary

    2. Ethylene Propylene Market Characteristics

    3. Ethylene Propylene Market Trends And Strategies

    4. Ethylene Propylene Market – Macro Economic Scenario

    4.1 COVID-19 Impact On Ethylene Propylene Market

    4.2 Ukraine-Russia War Impact On Ethylene Propylene Market

    4.3 Impact Of High Inflation On Ethylene Propylene Market

    5. Ethylene Propylene Market Size And Growth

    5.1. Global Ethylene Propylene Historic Market, 2017-2022, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Ethylene Propylene Forecast Market, 2022-2027F, 2032F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Ethylene Propylene Market Segmentation

    6.1. Global Ethylene Propylene Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Solution Polymerization

    Suspension Polymerization

    6.2. Global Ethylene Propylene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Automotive

    Building & Construction

    Plastic Modification

    Lubricant Additive

    Wires & Cables

    Tires & Tubes

    7. Ethylene Propylene Market Regional And Country Analysis

    7.1. Global Ethylene Propylene Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    7.2. Global Ethylene Propylene Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    8. Asia-Pacific Ethylene Propylene Market

    8.1. Asia-Pacific Ethylene Propylene Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    9. China Ethylene Propylene Market

    9.1. China Ethylene Propylene Market Overview

    9.2. China Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

    10. India Ethylene Propylene Market

    10.1. India Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    11. Japan Ethylene Propylene Market

    11.1. Japan Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    12. Australia Ethylene Propylene Market

    12.1. Australia Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    13. Indonesia Ethylene Propylene Market

    13.1. Indonesia Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    14. South Korea Ethylene Propylene Market

    14.1. South Korea Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    15. Western Europe Ethylene Propylene Market

    15.1. Western Europe Ethylene Propylene Market Overview

    15.2. Western Europe Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    16. UK Ethylene Propylene Market

    16.1. UK Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    17. Germany Ethylene Propylene Market

    17.1. Germany Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    18. France Ethylene Propylene Market

    18.3. France Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    19. Eastern Europe Ethylene Propylene Market

    19.1. Eastern Europe Ethylene Propylene Market Overview

    19.2. Eastern Europe Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    20. Russia Ethylene Propylene Market

    20.1. Russia Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    21. North America Ethylene Propylene Market

    21.1. North America Ethylene Propylene Market Overview

    21.2. North America Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    22. USA Ethylene Propylene Market

    22.1. USA Ethylene Propylene Market Overview

    22.2. USA Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    23. South America Ethylene Propylene Market

    23.1. South America Ethylene Propylene Market Overview

    23.2. South America Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    24. Brazil Ethylene Propylene Market

    24.1. Brazil Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    25. Middle East Ethylene Propylene Market

    25.1. Middle East Ethylene Propylene Market Overview

    25.2. Middle East Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    26. Africa Ethylene Propylene Market

    26.1. Africa Ethylene Propylene Market Overview

    26.2. Africa Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    27. Ethylene Propylene Market Competitive Landscape And Company Profiles

    27.1. Ethylene Propylene Market Competitive Landscape

    27.2. Ethylene Propylene Market Company Profiles

    27.2.1. The Dow Chemical Company

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Exxon Mobil Corporation

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Johns Manville, Inc.

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. KUMHO POLYCHEM

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Lanxess AG

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Ethylene Propylene Market

    29. Ethylene Propylene Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Table 3: Global Ethylene Propylene Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 4: Global Ethylene Propylene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 5: Global Ethylene Propylene Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 6: Global Ethylene Propylene Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 7: Asia-Pacific, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 8: China, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 9: India, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 10: Japan, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 11: Australia, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 12: Indonesia, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 13: South Korea, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 14: Western Europe, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 15: UK, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 16: Germany, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 17: France, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 18: Eastern Europe, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 19: Russia, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 20: North America, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 21: USA, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 22: South America, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 23: Brazil, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 24: Middle East, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 25: Africa, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 26: The Dow Chemical Company Financial Performance
  • Table 27: Exxon Mobil Corporation Financial Performance
  • Table 28: Johns Manville, Inc. Financial Performance
  • Table 29: KUMHO POLYCHEM Financial Performance
  • Table 30: Lanxess AG Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Figure 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Figure 3: Global Ethylene Propylene Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 4: Global Ethylene Propylene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 5: Global Ethylene Propylene Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 6: Global Ethylene Propylene Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 7: Asia-Pacific, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 8: China, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 9: India, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 10: Japan, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 11: Australia, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 12: Indonesia, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 13: South Korea, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 14: Western Europe, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 15: UK, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 16: Germany, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 17: France, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 18: Eastern Europe, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 19: Russia, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 20: North America, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 21: USA, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 22: South America, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 23: Brazil, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 24: Middle East, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 25: Africa, Ethylene Propylene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 26: The Dow Chemical Company Financial Performance
  • Figure 27: Exxon Mobil Corporation Financial Performance
  • Figure 28: Johns Manville, Inc. Financial Performance
  • Figure 29: KUMHO POLYCHEM Financial Performance
  • Figure 30: Lanxess AG Financial Performance
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