EPDM And SSBR Market by Type, by End-User, by Applications, by Deployment & by Technology 2032
EPDM And SSBR Market was valued at USD 7.5 Billion in 2022 and is projected to reach USD 10.5 Billion by 2030, growing at a CAGR of 5.0% from 2024 to 2030.
EPDM And SSBR Market Size and Opportunity Analysis
The global Ethylene Propylene Diene Monomer (EPDM) market was valued at approximately USD 7.8 billion in 2022, with a compound annual growth rate (CAGR) of about 6.2% projected from 2023 to 2028. This growth is driven by increasing demand across various sectors, including automotive, construction, and industrial applications, due to EPDM's excellent durability and weather resistance properties. Meanwhile, the Styrene-Butadiene-Styrene Rubber (SSBR) market reached an estimated USD 3.2 billion in 2022, with a CAGR of 5.5% forecasted over the same period. SSBR's demand is fueled by its superior performance in high-performance tires and other automotive components.
Opportunity analysis reveals significant potential for expansion in emerging markets such as Asia-Pacific, which is expected to experience robust growth due to rapid industrialization and urbanization. Additionally, advancements in material technology and the increasing focus on sustainable and high-performance materials offer promising prospects for both EPDM and SSBR. The rise in electric vehicle production and stringent regulations on vehicle emissions are likely to further drive the demand for these materials, creating a dynamic landscape for market participants.
Get an In-Depth Research Analysis of the Global EPDM And SSBR Market Size And Forecast [2025-2032]
Who are the largest Global manufacturers in the EPDM And SSBR industry?
- Kumhopolychem
- Mitsui Chemical
- Sumitomo Chemical
- SK Global Chemical
- NizhnekamskNeftekhim Inc
- China Petro (Jilin)
- Firestone
- Goodyear
- Asahi Kase
- DOW
- Michelin
- Sumitomo
- Sibur
- JSR
- Dynasol
- Goodyear
- Polimeri Europa
- ZEON
- Kumho Petrochemical
- Chi Mei
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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What are the factors driving the growth of the Global EPDM And SSBR Market?
Growing demand for below applications around the world has had a direct impact on the growth of the Global EPDM And SSBR Market
- Tires
- Medical Equipment
- Rubber Hose
- Cables
- Others
What are the types of EPDM And SSBR available in the Market?
Based on Types the Market is categorized into Below types that held the largest EPDM And SSBR market share In 2023.
- EPDM
- SSBR
Which regions are leading the Global EPDM And SSBR Market?
- Global (United States, Global and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia, etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Detailed TOC of Global EPDM And SSBR Market Research Report, 2024-2032
1. Introduction of the Global EPDM And SSBR Market
- Overview of the Market
- Scope of Report
- Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
- Data Mining
- Validation
- Primary Interviews
- List of Data Sources
4. Global EPDM And SSBR Market Outlook
- Overview
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porters Five Force Model
- Value Chain Analysis
5. Global EPDM And SSBR Market, By Type
6. Global EPDM And SSBR Market, By Application
7. Global EPDM And SSBR Market, By Geography
- Global
- Europe
- Asia Pacific
- Rest of the World
8. Global EPDM And SSBR Market Competitive Landscape
- Overview
- Company Market Ranking
- Key Development Strategies
9. Company Profiles
10. Appendix
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