Italy Ethylene Propylene Diene Monomer (epdm) Market Size & Outlook
Italy ethylene propylene diene monomer (epdm) market, 2019-2030 (US$M)
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Italy ethylene propylene diene monomer (epdm) market highlights
- The Italy ethylene propylene diene monomer (epdm) market generated a revenue of USD 104.7 million in 2023 and is expected to reach USD 157.4 million by 2030.
- The Italy market is expected to grow at a CAGR of 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 104.7 million |
| Market revenue in 2030 | USD 157.4 million |
| Growth rate | 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, Italy accounted for 2.2% 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 Europe, Germany ethylene propylene diene monomer (epdm) market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 336.1 million by 2030.
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Ethylene Propylene Diene Monomer (EPDM) Market Scope
Ethylene Propylene Diene Monomer (EPDM) Market Companies
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Italy 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 18.62% in 2023. Horizon Databook has segmented the Italy 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 International Trade Administration, Italy is the second-largest manufacturing country in Europe. It is a leading producer of machine tools, automobiles, food products, and pharmaceuticals in the region.
Despite the COVID-19 pandemic impacting the economy of the country, industrial production and export data of Italy showed clear signs of recovery from the impact of the pandemic in the first quarter of 2021 with increased imports and exports.
Since hoses and rubber-molded goods such as seals and O-rings are commonly used in the manufacturing sector for various applications, the growth of the manufacturing sector in the country is expected to drive the demand for hoses and rubber-molded goods.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy ethylene propylene diene monomer (epdm) market , including forecasts for subscribers. This country databook contains high-level insights into Italy ethylene propylene diene monomer (epdm) market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Italy ethylene propylene diene monomer (epdm) market size, by product, 2019-2030 (US$M)
Italy Ethylene Propylene Diene Monomer (EPDM) Market Outlook Share, 2023 & 2030 (US$M)
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