Ethylene propylene diene or EPDM is a synthetic elastomer produced by the copolymerization reaction between ethylene and propylene, and it is a small amount of non-conjugated diene monomers (3 – 9 percent) which provide cross-linking sites for vulcanization. According to BlueQuark Research & Consulting, the global Ethylene-Propylene-Diene market is expected to witness a considerable growth rate during the forecasted period. Factors such as the growing automotive industry, accompanied by an increasing range of applications within the domain, are anticipated to propel the market growth over the forecasted period. Further, the growing demand for EPDM in the building and construction industry is expected to drive the need for the Ethylene propylene diene market in the forecasted period. Furthermore, plastic plays a vital role in various end-user industries. Ethylene propylene diene monomer is a primary raw material used in plastic modification, which is expected to drive the demand of the EPDM market in the forecasted period. However, the recent worldwide decline in the automotive industry both in terms of production and sales is expected to hinder the growth of the global EPDM market.

EPDM is used in the automotive industry in wire & cable harnesses, window spacers, hydraulic brake systems, tubing, glass run channel, belts, weather stripping & seals, radiators, doors, and windows, & trunk seals.

The Automotive Industry has the largest market share in the Global Ethylene-Propylene-Diene market. EPDM rubber is a copolymer of propylene, ethylene, and a small amount of non-conjugated diene monomers. It is used in the automotive industry for various applications, such as weather stripping, sealing systems for glass and windows, hose and tubing, tires, belts, etc. Weatherstripping or weather seals is a system that seals any openings. They are flexible or semi-rigid and can take vibrations caused by vehicle movement. Weatherstripping is used to prevent water and rain partially or entirely into the automobile from outside by either rerouting or returning the water. Also, it prevents the movement of air from the automotive interior to the outside and vice versa. This helps save energy on heating, ventilation, and air conditioning (HVAC). Each door in the automobile will at least need 20 feet of material, and every window requires a minimum of 10 feet of material. The trunk of the car may also require much more significant amounts of material depending on the size of the automobile. This indicates the demand for rubber in the auto for weather stripping and sealing applications. There are a few alternatives for EPDM rubber are Thermoplastic elastomer (TPE) mix of plastic and rubber, Thermoplastic Olefin (TPO) polymer/filler blend, and Silicone (for sunroofs to endure extreme heat). These substitutes, in turn, are likely to harm the usage of EPDM rubber in the automotive industry. However, EPDM's resistance to abrasion, cutting, tearing, and tensile strength is preferred in most applications. With automotive production increasing by 10% in the first nine months of 2021 compared to the same period in 2020, in addition to the aspects mentioned above, the automotive segment is expected to dominate the market.

Asia-Pacific region has the largest market share and is projected to dominate the Global Ethylene-Propylene-Diene market. EPDM's demand in the area is mainly driven by the high product demand from key end-user industries, including automotive, building & construction, and electrical & electronics. The major factors responsible for the Global Ethylene-Propylene-Diene market's growth are rapidly expanding application sectors, including automotive and building & construction. Rising R&D investment and increasing product demand from the Asia Pacific region will propel the Ethylene-Propylene-Diene market. EPDM, a type of synthetic rubber, is primarily used in automotive, roofing, and plastic modification applications. Ethylene propylene diene monomer is utilized to manufacture thermoplastic vulcanizates (TPVs), a significant type of thermoplastic elastomer. TPVs are polymeric compounds that demonstrate elastomeric properties over a wide temperature range and thermoplastic behavior at melting temperature. EPDM is suitable mainly for electrical insulation, gaskets, and lamination application. EPDM is owing to its high resistance to tearing, solvents, abrasives, and temperatures. It has excellent elasticity at low and high temperatures, excellent electrical insulating properties, and good resistance to common diluted acids, ketones, and alkaline. The M class includes rubbers having a saturated chain of the polymethylene type. At present, dicyclopentadiene (DCPD), ethylidene norbornene (ENB), and vinyl norbornene (VNB) are the dienes that are used in the manufacture of EPDM rubbers. EPDM rubber is almost related to ethylene propylene rubber, a copolymer of ethylene and propylene. EPDM is used to replace TPO and TPV in the plastic manufacturing industry. Advancing technology in the production of plastic modification further encourages the growth of the EPDM market. Bio-based EPDM is likely to offer several advantages over conventional EPDM. These benefits include reduced dependence on fossil fuel, lower carbon footprint (as the product is bio-based), and the same or less cost compared to conventional EPDM after commercialization. Various properties of EPDM, such as its UV resistivity, superior resistance toward heat and cold, high flexibility, and low life-cycle costs, have increased its usage in roofing solutions, thereby propelling the construction segment.

The Global Ethylene-Propylene-Diene market is highly fragmented. Major market key players were ExxonMobil Chemical Company, PetroChina Co. Ltd, Mitsui Chemicals Inc, Carlisle Companies Inc., Sumitomo Chemical Co. Ltd., Dow Chemical Company, and JSR Corporation, Ltd., among others.

Global Ethylene-Propylene-Diene Market report provides deep insight into the Ethylene-Propylene-Diene market's current and future state across various regions. The study comprehensively analyzes the Ethylene-Propylene-Diene market by segmenting based on Manufacturing Process (Solution Polymerization, Slurry/Suspension, and Gas-phase Polymerization), End-user Industry (Automotive, Electrical & Electronics, Manufacturing, Construction, and Other End-user Industries), and Geography (Europe, Asia-Pacific, North America, South America, and Middle-East & Africa). The report examines the market drivers and restraints and the impact of Covid-19 on the market's growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with major companies' profiles, including their market shares and projects.