Brazil Ethylene Propylene Diene Monomer (epdm) Market Size & Outlook
Brazil ethylene propylene diene monomer (epdm) market, 2019-2030 (US$M)
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Brazil ethylene propylene diene monomer (epdm) market highlights
- The Brazil ethylene propylene diene monomer (epdm) market generated a revenue of USD 230.7 million in 2023 and is expected to reach USD 336.9 million by 2030.
- The Brazil market is expected to grow at a CAGR of 5.6% 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 230.7 million |
| Market revenue in 2030 | USD 336.9 million |
| Growth rate | 5.6% (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, Brazil accounted for 4.9% 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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Brazil 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 17.95% in 2023. Horizon Databook has segmented the Brazil 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.
Brazil is the leader in Central & South America in terms of automobile production. According to statistics by OICA, the country is the eighth-largest automobile producer in the world as of 2021. Though a majority of cars manufactured in Brazil is used locally, most of them are also exported to other countries.
Moreover, according to OICA, 2,248,253 vehicles were sold in the country in 2021 compared to 2,014,055 units sold in 2020. The country is home to over 400 auto parts producers including General Motors, Volkswagen AG, Ford Motor Company, FCA Italy S.p.A., and Renault Group. Brazil is expected to witness substantial growth due to increasing demand for trucks and buses.
This can drive the demand for O-rings, radiator hoses, hood seals, vehicle bumpers, window seals, and fender extensions, thus propelling the market for EPDM.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil ethylene propylene diene monomer (epdm) market , including forecasts for subscribers. This country databook contains high-level insights into Brazil ethylene propylene diene monomer (epdm) market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil ethylene propylene diene monomer (epdm) market size, by product, 2019-2030 (US$M)
Brazil Ethylene Propylene Diene Monomer (EPDM) Market Outlook Share, 2023 & 2030 (US$M)
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