Argentina Ethylene Propylene Diene Monomer (epdm) Market Size & Outlook
Argentina ethylene propylene diene monomer (epdm) market, 2019-2030 (US$M)
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Argentina ethylene propylene diene monomer (epdm) market highlights
- The Argentina ethylene propylene diene monomer (epdm) market generated a revenue of USD 94.9 million in 2023 and is expected to reach USD 131.3 million by 2030.
- The Argentina market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
- In terms of segment, seals & o-rings was the largest revenue generating product in 2023.
- Seals & O-Rings is the most lucrative product segment registering the fastest growth during the forecast period.
Ethylene propylene diene monomer (epdm) market data book summary
| Market revenue in 2023 | USD 94.9 million |
| Market revenue in 2030 | USD 131.3 million |
| Growth rate | 4.7% (CAGR from 2023 to 2030) |
| Largest segment | Seals & o-rings |
| Fastest growing segment | Seals & O-Rings |
| Historical data | 2019 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hoses, Seals & O-Rings, Gaskets, Rubber Compounds, Roofing Membranes, Connectors and insulators, Weather Stripping, Other products |
| Key market players worldwide | Dow Inc, Exxon Mobil Corp, ARLANXEO, Johns Manville, Kumho Petrochemical, Sumitomo Chemical Co Ltd, Lion Corp, Mitsui Chemicals Inc, PetroChina Co Ltd Class H, Valsoia |
Other key industry trends
- In terms of revenue, Argentina accounted for 2.0% of the global ethylene propylene diene monomer (epdm) market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil ethylene propylene diene monomer (epdm) market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 336.9 million by 2030.
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Ethylene Propylene Diene Monomer (EPDM) Market Scope
Ethylene Propylene Diene Monomer (EPDM) Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina ethylene propylene diene monomer (epdm) market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ethylene propylene diene monomer (epdm) market will help companies and investors design strategic landscapes.
Seals & o-rings was the largest segment with a revenue share of 18.44% in 2023. Horizon Databook has segmented the Argentina ethylene propylene diene monomer (epdm) market based on hoses, seals & o-rings, gaskets, rubber compounds, roofing membranes, connectors and insulators, weather stripping, other products covering the revenue growth of each sub-segment from 2019 to 2030.
According to the Organisation for Economic Co-operation and Development (OECD), Argentina is a major player in international agriculture markets. This is supported by the policies introduced by the government for the growth of the food processing and agricultural sector.
In June 2022, Government of Argentina, UN’s International Fund for Agricultural Development (IFAD) and FONPLATA Development Bank launched a new rural development project to increase agroecology-based production.
In addition, they are taint and taste free and have low microbial growth surfaces to prevent contamination. These factors are expected to drive the market growth of EPDM and other synthetic elastomers over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina ethylene propylene diene monomer (epdm) market , including forecasts for subscribers. This country databook contains high-level insights into Argentina ethylene propylene diene monomer (epdm) market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina ethylene propylene diene monomer (epdm) market size, by product, 2019-2030 (US$M)
Argentina Ethylene Propylene Diene Monomer (EPDM) Market Outlook Share, 2023 & 2030 (US$M)
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