Japan Ethylene Propylene Diene Monomer (epdm) Market Size & Outlook
Japan ethylene propylene diene monomer (epdm) market, 2019-2030 (US$M)
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Japan ethylene propylene diene monomer (epdm) market highlights
- The Japan ethylene propylene diene monomer (epdm) market generated a revenue of USD 345.9 million in 2023 and is expected to reach USD 480.9 million by 2030.
- The Japan market is expected to grow at a CAGR of 4.8% 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 345.9 million |
| Market revenue in 2030 | USD 480.9 million |
| Growth rate | 4.8% (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, Japan accounted for 7.4% 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 Asia Pacific, China ethylene propylene diene monomer (epdm) market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,309.6 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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Japan 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 18.33% in 2023. Horizon Databook has segmented the Japan 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 World Bank, Japan is a highly developed and market-oriented economy. The country is the second most-developed economy in the world and is also the largest manufacturer of electronic goods and the third-largest manufacturer of automobiles in the world.
In addition, it has been consistently ranked among the top countries in the world in different measures including patent filings. In the recent past, Japan has majorly focused on manufacturing high-tech and precision products such as robotics, optical instruments, and hybrid vehicles.
The country is making efforts to diversify the manufacturing sector due to severe competition faced from neighboring countries such as China and South Korea. The Kansai Kanto region is one of the major industrial regions, apart from numerous manufacturing clusters spread across Japan.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan ethylene propylene diene monomer (epdm) market , including forecasts for subscribers. This country databook contains high-level insights into Japan ethylene propylene diene monomer (epdm) market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Japan ethylene propylene diene monomer (epdm) market size, by product, 2019-2030 (US$M)
Japan Ethylene Propylene Diene Monomer (EPDM) Market Outlook Share, 2023 & 2030 (US$M)
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