U.S. Ethylene Propylene Diene Monomer (epdm) Market Size & Outlook
U.S. ethylene propylene diene monomer (epdm) market, 2019-2030 (US$M)
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U.S. ethylene propylene diene monomer (epdm) market highlights
- The U.S. ethylene propylene diene monomer (epdm) market generated a revenue of USD 928.5 million in 2023 and is expected to reach USD 1,385.3 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5.9% 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 928.5 million |
| Market revenue in 2030 | USD 1,385.3 million |
| Growth rate | 5.9% (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, U.S. accounted for 19.9% 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 North America, U.S. ethylene propylene diene monomer (epdm) market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 1,385.3 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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U.S. 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 17.99% in 2023. Horizon Databook has segmented the U.S. 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.
In recent years, the demand for EPDM arising from the building & construction industry has witnessed favorable growth in the U.S. on account of infrastructural developments. EPDM is finding increased utilization in the construction industry for residential housing and industrial applications.
The overall U.S. construction industry is expected to observe favorable growth owing to new import tariffs, changing trade deals, huge infrastructural projects, and immigration reforms. This can drive the demand for EPDM in roofing membranes and window seal applications over the forecast period.
The U.S. government’s Aviation Research Grants Program provides grants and cooperative agreements to encourage and support research related to civil aviation's market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. ethylene propylene diene monomer (epdm) market , including forecasts for subscribers. This country databook contains high-level insights into U.S. ethylene propylene diene monomer (epdm) market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. ethylene propylene diene monomer (epdm) market size, by product, 2019-2030 (US$M)
U.S. Ethylene Propylene Diene Monomer (EPDM) Market Outlook Share, 2023 & 2030 (US$M)
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