EPM Rubber by Type (Overview: Global EPM Rubber Consumption Value, Solution Polymerization, Suspension Polymerization), by Application (Overview: Global EPM Rubber Consumption Value, Building and Construction, Wire and Cable, Automotive, Other), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2025-2033
The global EPM rubber market size was valued at USD 1.3 billion in 2022 and is projected to grow at a CAGR of 6.5% from 2023 to 2030. The market growth is attributed to increasing demand from various industries, including building and construction, wire and cable, and automotive, coupled with growing demand for high-performance rubbers. The increasing urbanization and infrastructure development are expected to drive market growth over the forecast period.
The market is segmented based on type into solution polymerization and suspension polymerization, and based on application into building and construction, wire and cable, automotive, and others. The building and construction segment held the largest market share in 2022, with a revenue of USD 545.2 million. EPM rubber is used in roofing, flooring, and other construction applications due to its excellent weather resistance, durability, and low permeability. The wire and cable segment is expected to witness significant growth over the forecast period due to increasing demand for EPM rubber in electrical insulation and cable jacketing applications. Key market players include Lanxess, ExxonMobil, Kumho Polychem, Sumitomo, Lion Elastomers, Mitsui Chemicals, Eni (Versalis), Jilin Xingyun Chemical.
The global EPM rubber market size was valued at USD 2.5 billion in 2021 and is projected to grow from USD 2.7 billion in 2022 to USD 3.9 billion by 2029, exhibiting a CAGR of 5.6% during the forecast period. The rising demand for EPM rubber in various end-use industries, such as automotive, building and construction, and wire and cable, is expected to drive market growth. Additionally, the increasing adoption of lightweight materials and the growing awareness of environmental sustainability are further contributing to the market's expansion.
Dominant Region:
Dominant Segment by Application:
This report provides a comprehensive overview of the EPM rubber industry, including detailed market analysis, growth drivers, challenges, and industry trends. It also offers insights into key market players, recent developments, and potential future developments. This information is essential for companies operating in or planning to enter the EPM rubber market, as it helps them understand the current market landscape and make informed decisions for growth.
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of XX% from 2019-2033 |
Segmentation |
|
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of XX% from 2019-2033 |
Segmentation |
|
Note* : In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
MR Forecast provides premium market intelligence on deep technologies that can cause a high level of disruption in the market within the next few years. When it comes to doing market viability analyses for technologies at very early phases of development, MR Forecast is second to none. What sets us apart is our set of market estimates based on secondary research data, which in turn gets validated through primary research by key companies in the target market and other stakeholders. It only covers technologies pertaining to Healthcare, IT, big data analysis, block chain technology, Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), Energy & Power, Automobile, Agriculture, Electronics, Chemical & Materials, Machinery & Equipment's, Consumer Goods, and many others at MR Forecast. Market: The market section introduces the industry to readers, including an overview, business dynamics, competitive benchmarking, and firms' profiles. This enables readers to make decisions on market entry, expansion, and exit in certain nations, regions, or worldwide. Application: We give painstaking attention to the study of every product and technology, along with its use case and user categories, under our research solutions. From here on, the process delivers accurate market estimates and forecasts apart from the best and most meaningful insights.
Products generically come under this phrase and may imply any number of goods, components, materials, technology, or any combination thereof. Any business that wants to push an innovative agenda needs data on product definitions, pricing analysis, benchmarking and roadmaps on technology, demand analysis, and patents. Our research papers contain all that and much more in a depth that makes them incredibly actionable. Products broadly encompass a wide range of goods, components, materials, technologies, or any combination thereof. For businesses aiming to advance an innovative agenda, access to comprehensive data on product definitions, pricing analysis, benchmarking, technological roadmaps, demand analysis, and patents is essential. Our research papers provide in-depth insights into these areas and more, equipping organizations with actionable information that can drive strategic decision-making and enhance competitive positioning in the market.