Ethylene Propylene Diene Monomer Market Size, Share & Trends Analysis Report By Product (Hoses, Gaskets, Rubber Compounds, Roofing Membranes, Connectors & Insulators, Weather Stripping), By Application, By Region, And Segment Forecasts
Published Date: May - 2025 | Publisher: MIR | No of Pages: 240 | Industry: bulk chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2999 Download Sample Ask for Discount Request CustomizationEPDM Market Size & Trends
The size of the global ethylene propylene diene monomer market was estimated to be USD 4,866.11 million in 2024 and is expected to register a CAGR of 5.5% during the forecast period of 2025-2030. The market is primarily driven by rising investment in the automotive industry in emerging economies like China, India, and others. World demand for ethylene propylene diene monomer (EPDM) is expected to see significant growth during the forecast period due to the tremendous growth in application areas such as automotive and building & construction.
Sudden growth in the U.S. construction and automotive sectors has created a huge demand for EPDM worldwide. EPDM helps in manufacturing more visually appealing auto components. Furthermore, the utilization of EPDM helps manufacturers shorten their processing time and increase profit margins. This has increased the interest of local automobile manufacturers in high-performance EPDM worldwide.
In America, aerospace is among the biggest industries that are in development and providing products & services to general aviation, commercial airline, space, and defense markets. The U.S. government's Aviation Research Grants Program offers grants and cooperative agreements to advance and promote research pertaining to civil aviation's market development. As per Federal Aviation Administration, during 2021, 20 grants totaling USD 7,346,411.10 were issued under the Aviation Research Grant Program 2021. This can encourage seal manufacturing firms to create new products with the intent of serving the aerospace industry. For example, in July 2021, Researchers at Freudenberg Sealing Technologies synthesized 80 EPDM 426288, illustrating better low-temperature sealing behavior at high pressure and temperature ranges, rendering it appropriate for manufacturing seals to be utilized in commercial airliners. Therefore, the expanding aerospace business is likely to have a beneficial effect on the EPDM market in the U.S. aerospace industry during the forecast period.
Report Coverage & Deliverables
- Competitive benchmarking
- Historical data & forecasts
- Company revenue shares
- Regional opportunities
- Latest trends & dynamics
Market Concentration & Characteristics
The market is fairly fragmented, with major players focusing on R&D and technological advancements. Major players are Dow, Inc., Exxon Mobil Corporation, Firestone Building Products Company, LLC, ARLANXEO, PetroChina Company Limited, among others. Some players are involved in framework development to enhance their market share.
The EPDM (ethylene propylene diene monomer) rubber market is expected to grow steadily with increasing demand in the automotive, construction, electrical, and industrial industries due to its excellent weather resistance, heat resistance, and insulating properties. A moderate degree of innovation is anticipated to drive the market, particularly through the development of specialized EPDM grades that have improved processing characteristics, improved durability, and compatibility with sustainable fillers or bio-based materials. These developments are expected to be crucial as industries seek materials that satisfy both performance requirements and environmental goals.
In addition, the market is expected to experience a moderate to high level of merger and acquisition activity, as leading chemical companies look to expand their elastomer portfolios, increase production efficiencies, and access growing markets. These strategic alliances and acquisitions are expected to enable technology sharing, fill supply chain gaps, and accelerate the use of EPDM in new mobility solutions, roofing systems, and electrical insulation applications.
Product Insights
The Seals and O-rings product segment dominated the market and held 18.52% share of the global revenue in 2024. Seals and O-rings find applications in a variety of industries for tightly sealing connections in pneumatic systems, hydraulic systems, tubes, and pipes. Various factors like sealing pressure, cost, operating conditions, temperature, hardness, and chemical compatibility need to be taken into consideration while producing seals and O rings. EPDM rubber O-rings and seals have good resistance towards water, alcohols, ketones, steam, acids, and motor brake fluids. EPDM also offers resistance towards compression set, tearing, abrasion, weathering, and ageing. Due to these properties, it finds application in brake systems of automobiles and steam lines.
Hoses are employed in different applications involving the transfer of chemicals, water, gases, and hydraulic oils. Therefore, they need materials that offer flexibility, hardness, weathering and ozone resistance, and compatibility with some fluids. Ethylene propylene diene monomer (EPDM) has superior heat, weathering, tear, and ozone resistance. Additionally, it provides physical and chemical properties close to silicone and is a low-cost substitute for other synthetic elastomers as a material for hose manufacturing.
Gaskets serve as a seal between surfaces and are employed for cushioning, noise reduction, electrical insulation, and leakage prevention. EPDM has high tensile strength (between 7 and 21 MPa) over its competitors like neoprene, nitrile, and silicone. Additionally, its high-temperature resistance, abrasion resistance, tear resistance, ultraviolet light resistance, wind resistance, weather resistance, aging resistance, and ozone resistance, along with its good electrical insulation characteristics, render it an appropriate material for gasket manufacturing.
The rest include grommets, mandrel constructed drain tubes, window spacers, and belts. Grommets are applied to safeguard wires & cables against sharp edges. Grommets are utilized in manufacturing, industry, and construction to shield the rough and pointed edges of a hole in metal. This ensures protection to another material as it is threaded through this hole.
Application Insights
The automotive sector dominated the market and contributed 43.00% share to the global revenue in 2024. New generation automobile manufacturers are attempting to reduce the size of the engine and engine compartment to make vehicles fuel-efficient. The compact nature of the engine compartment causes the high temperature of engine parts as there is not enough room for heat dissipation. This is anticipated to propel the market for high-performance elastomers like silicone and Fluoroelastomers-based gaskets and seals. Nevertheless, the premium price of these elastomers makes EPDM a less expensive substitute for gaskets and seals. EPDM possesses sufficient thermal stability thanks to its saturated main chain structure, which further contributes to its use in car gaskets and hoses.
EPDM is applied as a waterproofing material in many applications in the building & construction sector like Brick Bat Coba (BBC), box-type waterproofing, and bitumen membranes. BBC waterproofing systems are applied in wet zones, huge podiums, balconies, and building terraces.
EPDM is extensively used as a product in high-temperature cables used in steel mills, airport lights, nuclear & thermal power plants, wind power mills, construction machinery, textile machines, EOT cranes, ships, electrical machinery, and turbines.
Important applications covered under other segments are emulsions, transportation, heavy industrial machinery, and molded consumer products. Transportation application covers rail, marine, and aerospace industries. In naval use, EPDM sheets are applied as surface mats to relieve ankles and feet because the flat and hard surfaces of yachts and boats can result in fatigue and discomfort. Also, the EPDM rubber is employed in the production of fenders that safeguard boats from collisions on berthing/docking.
Regional Insights
Asia Pacific leads the world EPDM market in 2024 with revenue share of 42.39% and is expected to continue during the forecast period. The Asia Pacific EPDM market is mainly fueled by the rising demand for the product from major application industries such as automotive, building & construction, and electrical & electronics.
The Indian defense production industry is a significant part of the Indian economy, and it is growing at a high pace as country-specific security issues are emerging. The ongoing border disputes with China and Pakistan over the states of Arunachal Pradesh and Kashmir, respectively, have generated increased demand for defense equipment in India. This has led to higher application of synthetic elastomer-based products by state military product-producing agencies like Defence Research and Development Organisation (DRDO). In August 2022, DRDO announced to procure EPDM-kevlar rubber lining for ASTRA MK-2 air-to-air missile, to be utilized in protecting the rocket casings against hot gases. These developments are expected to give an impetus for the demand of EPDM for defense applications in the forecast period.
North America Ethylene Propylene Diene Monomer Market Trends
North America's EPDM (Ethylene Propylene Diene Monomer) market is expected to witness steady growth, driven by growing demand in the automotive market, particularly for applications such as weatherstripping, seals, and hoses. With car production recovering and production of electric cars (EVs) expanding in the U.S. and Canada, usage of EPDM for thermal and acoustical insulation is set to rise. Further, the construction sector will continue to drive expansion in the market, with more usage of EPDM in roof membranes and HVAC parts, underpinned by infrastructure spending and energy efficiency.
Central & South America Ethylene Propylene Diene Monomer Market Trends
Central & South America will grow significantly over the forecast period. Shifts in consumer patterns, cheap production costs, accelerated industrialization, and growing disposable income are determinants likely to fuel the region's economic development over the coming years. The increasing disposable income of consumers and continuous infrastructure development projects are also likely to fuel the growth of the construction sector in Central & South America. This, in turn, would direct the demand for rubber products for matting and roofing purposes. A growth in construction activities, especially in Brazil and Chile, is expected to drive the demand for EPDM in Central & South America during 2025-2030.
Middle East & Africa Ethylene Propylene Diene Monomer Market Trends
The Middle East & Africa market will be expected to register growth due to huge infrastructure growth in the U.A.E. and Saudi Arabia. Accelerated industrialization with enhanced manufacturing industry infrastructure in the Middle East & Africa is anticipated to affect the demand for EPDM on a positive note. African nations like South Africa, Mozambique, and Tanzania are likely to experience an economic boom due to the high availability of raw materials and quick industrialization. The East Africa Crude Oil Pipeline (EACOP) Project between Uganda and Tanzania will likely boost the crude oil production in the region, which will further drive the production of EPDM during the forecast period.
Key Ethylene Propylene Diene Monomer Company Insights
EPDM market has also witnessed intense competition in the previous few years and the same can be expected to continue to take center stage for the next few years. Competition among players increased with the market being dominated by large global production houses. Major players with extensive production capacities are dominating the market. Lanxess AG and Exxon Mobil Corporation were among prominent producers of EPDM in the global market. Some other players in the market are Mitsui Chemicals, The Dow Chemical Company, PetroChina Company Limited, Kumho Polychem, Versalis S.p.A., and Lion Elastomers, LLC.
The presence of advanced machinery with high technology and new product releases in the market leads to the manufacturing companies carrying out extensive research & development work. This, in turn, is expected to become challenging for the players in the EPDM market. As such, producers are driven to continue keeping an eye on innovations and updates in order to remain on par with emerging technologies to achieve a competitive edge within the industry. Mergers & acquisitions, joint ventures along with increases in production capacities are the most implemented strategic projects by major players within the industry to be able to endure competition.
For example, Freudenberg Sealing Technologies has launched its new 70 EPDM 335DW compound for O-rings in March 2025. This new material is developed to protect both health and the environment and complies with strict requirements for drinking water applications. Additionally, the new solution has obtained all required market approvals, making it possible to use it worldwide.
Key Ethylene Propylene Diene Monomer Companies
The following are the leading companies in the ethylene propylene diene monomer market. These companies collectively hold the largest market share and dictate industry trends.
- Dow, Inc.
- Exxon Mobil Corporation
- Firestone Building Products Company, LLC
- ARLANXEO
- Johns Manville
- KUMHO POLYCHEM
- Sumitomo Chemical Co., Ltd.
- Lion Elastomers
- Mitsui Chemicals, Inc.
- PetroChina Company Limited
- Rubber Engineering & Development Company (REDCO)
- SK geo centric Co., Ltd.
- Versalis S.p.A.
- West American Rubber Company, LLC
Ethylene Propylene Diene Monomer Market Report Scope
|
Report Attribute |
Details |
|
Market size value in 2025 |
USD 5.10 billion |
|
Revenue forecast in 2030 |
USD 6.67 billion |
|
Growth rate |
CAGR of 5.5% from 2025 to 2030 |
|
Base year for estimation |
2024 |
|
Historical data |
2019 - 2023 |
|
Forecast period |
2025 - 2030 |
|
Quantitative units |
Volume in kilotons, revenue in USD million and CAGR from 2025 to 2030 |
|
Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
|
Segments covered |
Product, application, region |
|
Regional scope |
North America, Europe, Asia Pacific, Central & South America, MEA |
|
Country scope |
U.S., Canada, Mexico, Germany, UK, France, Italy, China, India, Japan, South Korea, Brazil, Argentina, Saudi Arabia, South Africa |
|
Key companies profiled |
Dow, Inc., Exxon Mobil Corporation, Firestone Building Products Company, LLC, ARLANXEO, Johns Manville, KUMHO POLYCHEM, Sumitomo Chemical Co., Ltd., Lion Elastomers, Mitsui Chemicals, Inc., and PetroChina Company Limited |
|
Customization scope |
Free report customization (equivalent up to 8 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
|
Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
Global Ethylene Propylene Diene Monomer Market Report Segmentation
Product Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)
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Hoses
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Seals & O-Rings
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Gaskets
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Rubber Compounds
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Roofing Membranes
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Connectors & Insulators
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Weather Stripping
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Others
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Application Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)
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Building & Construction
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Wires & Cables
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Electrical & Electronics
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Lubricant Additive
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Plastic Modifications
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Automotive
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Tires & Tubes
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Others
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Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)
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North America
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U.S.
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Canada
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Mexico
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-
Europe
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Germany
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France
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UK
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Italy
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-
Asia Pacific
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China
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India
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Japan
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South Korea
-
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Central & South America
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Brazil
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Argentina
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Middle East & Africa
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Saudi Arabia
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South Africa
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-
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