UK Ethylene Propylene Diene Monomer (epdm) Market Size & Outlook
UK ethylene propylene diene monomer (epdm) market, 2019-2030 (US$M)
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UK ethylene propylene diene monomer (epdm) market highlights
- The UK ethylene propylene diene monomer (epdm) market generated a revenue of USD 99.5 million in 2023 and is expected to reach USD 145.2 million by 2030.
- The UK market is expected to grow at a CAGR of 5.5% 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 99.5 million |
| Market revenue in 2030 | USD 145.2 million |
| Growth rate | 5.5% (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, UK accounted for 2.1% 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
| Name | Profile | # Employees | HQ | Website |
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UK 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 18.09% in 2023. Horizon Databook has segmented the UK 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.
The construction sector is one of the largest sectors in the UK employing a large portion of the population of the country. The Government of the UK through its Clean Growth Grand Challenge plans to halve the energy usage of new buildings in the country by 2030.
This is anticipated to drive the demand for weathering strips in the UK. Window weathering strips are used to seal windows, thereby helping in maintaining the temperature inside buildings and reducing their dependency on heating, ventilation, and air-conditioning (HVAC) systems. This results in energy savings.
The initiatives undertaken by the Government of the UK to reduce energy consumption in its construction sector are expected to drive the demand for ethylene propylene diene monomers, thereby fueling the growth of the market in the country from 2022 to 2030.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK ethylene propylene diene monomer (epdm) market , including forecasts for subscribers. This country databook contains high-level insights into UK ethylene propylene diene monomer (epdm) market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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UK ethylene propylene diene monomer (epdm) market size, by product, 2019-2030 (US$M)
UK Ethylene Propylene Diene Monomer (EPDM) Market Outlook Share, 2023 & 2030 (US$M)
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