COVID-19: Ethylene Propylene Diene Monomer (EPDM) Market 2020-2024 | Increasing Demand for Synthetic Rubber to Boost Market Growth | Technavio
LONDON–(BUSINESS WIRE)–#EthylenePropyleneDieneMonomerEPDMMarket–Technavio has been monitoring the ethylene propylene diene monomer (EPDM) market and it is poised to grow by 498.49 thousand MT during 2020-2024, progressing at a CAGR of almost 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Dow Inc., Eni Spa, Exxon Mobil Corp., JSR Corp., Kumho Polychem, LANXESS AG, Lion Elastomers, Mitsui Chemicals Inc., SK global chemical Co. Ltd., and Sumitomo Chemical Co. Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Increasing demand for synthetic rubber has been instrumental in driving the growth of the market. However, the volatility of raw material prices might hamper the market growth.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Download a Free Sample Report on COVID-19 Impacts
Ethylene Propylene Diene Monomer (EPDM) Market 2020-2024: Segmentation
Ethylene Propylene Diene Monomer (EPDM) Market is segmented as below:
- Molded Goods
- Building And Construction
- Lubricant Additives
- North America
- South America
Ethylene Propylene Diene Monomer (EPDM) Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The ethylene propylene diene monomer (EPDM) market report covers the following areas:
- Ethylene Propylene Diene Monomer (EPDM) Market Size
- Ethylene Propylene Diene Monomer (EPDM) Market Trends
- Ethylene Propylene Diene Monomer (EPDM) Market Industry Analysis
This study identifies the rising demand from the automotive segment as one of the prime reasons driving the Ethylene Propylene Diene Monomer (EPDM) Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Ethylene Propylene Diene Monomer (EPDM) Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist ethylene propylene diene monomer (EPDM) market growth during the next five years
- Estimation of the ethylene propylene diene monomer (EPDM) market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the ethylene propylene diene monomer (EPDM) market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of ethylene propylene diene monomer (EPDM) market vendors
Table of Contents:
- Market ecosystem
- Market characteristics
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Automotive – Market size and forecast 2019-2024
- Molded goods – Market size and forecast 2019-2024
- Building and construction – Market size and forecast 2019-2024
- Lubricant additives – Market size and forecast 2019-2024
- Others – Market size and forecast 2019-2024
- Market opportunity by End-user
- Geographic segmentation
- Geographic comparison
- APAC – Market size and forecast 2019-2024
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Dow Inc.
- Eni Spa
- Exxon Mobil Corp.
- JSR Corp.
- Kumho Polychem
- LANXESS AG
- Lion Elastomers
- Mitsui Chemicals Inc.
- SK global chemical Co. Ltd.
- Sumitomo Chemical Co. Ltd.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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