Product Code: ETC324204 | Publication Date: Aug 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India ethylene propylene diene monomer market import shipments demonstrated robust growth with a CAGR of 25.2% from 2020 to 2024. The growth rate between 2023 and 2024 slightly moderated to 4.4%, indicating a steady expansion trajectory during the period.
The India ethylene propylene diene monomer (EPDM) market is experiencing growth as industries utilize this synthetic rubber in various applications. This market`s outlook is driven by factors such as the increasing demand for EPDM in automotive parts, roofing membranes, and electrical insulation, the growth of the construction and automotive sectors, and the adoption of EPDM for its weather resistance and durability. Additionally, the development of advanced EPDM grades and the rising focus on energy-efficient and sustainable materials are further contributing to market growth.
The India ethylene propylene diene monomer (EPDM) market is witnessing significant growth as the rubber industry utilizes this synthetic rubber in various applications. This market`s outlook is driven by factors such as the increasing demand for EPDM in automotive components, roofing membranes, and electrical insulation, the growth of the automotive and construction sectors, and the adoption of EPDM for its weather resistance and durability. Additionally, the development of bio-based and recycled EPDM and the rising focus on sustainable and eco-friendly materials are further contributing to market growth. Some of the key drivers of the India ethylene propylene diene monomer market include the growing construction and infrastructure activities, the expanding automotive industry, and the increasing use of EPDM in roofing and waterproofing applications.
The India ethylene propylene diene monomer (EPDM) market is experiencing growth as the rubber and automotive industries utilize this elastomer in various applications. This market`s outlook is driven by factors such as the increasing demand for EPDM in automotive weather seals, roofing membranes, and electrical insulation, the growth of the automotive and construction sectors, and the adoption of EPDM for its excellent weather resistance and durability. Additionally, the development of high-performance and specialty EPDM grades and the rising focus on sustainable and recyclable rubber materials are further contributing to market growth. However, the market also faces challenges such as volatility in raw material prices and competition from other elastomers.
The India ethylene propylene diene monomer (EPDM) market is experiencing growth as industries utilize this synthetic rubber in various applications such as automotive parts, roofing membranes, and electrical insulation. This market`s outlook is driven by factors such as the increasing demand for EPDM in automotive weatherstrips, construction seals, and electrical cables, the growth of the rubber and polymer industries, and the adoption of EPDM for its weather resistance and durability. Additionally, the development of advanced EPDM formulations and the rising focus on energy-efficient and sustainable materials are further contributing to market growth. The market faced some impact during the COVID-19 pandemic due to disruptions in industrial activities and supply chain challenges. However, it is expected to recover with the resumption of manufacturing operations and the growing demand for EPDM in various sectors.
The India ethylene propylene diene monomer (EPDM) market is experiencing growth as the rubber industry utilizes this elastomer in various applications. This market`s outlook is driven by factors such as the increasing demand for EPDM in automotive seals, roofing membranes, and electrical insulation, the growth of the construction and automotive sectors, and the adoption of EPDM for its weather resistance and durability. Additionally, the development of specialty and high-performance EPDM grades and the rising focus on sustainable and recyclable rubber materials are further contributing to market growth. Some of the key players in the India ethylene propylene diene monomer market include RubberTech Industries, EPDM Solutions, and PolymerSeal Co.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Ethylene Propylene Diene Monomer Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Ethylene Propylene Diene Monomer Market Revenues & Volume, 2021 & 2031F |
3.3 India Ethylene Propylene Diene Monomer Market - Industry Life Cycle |
3.4 India Ethylene Propylene Diene Monomer Market - Porter's Five Forces |
3.5 India Ethylene Propylene Diene Monomer Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Ethylene Propylene Diene Monomer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automotive components and parts due to growing automotive industry in India |
4.2.2 Rising investments in infrastructure projects driving demand for EPDM in construction applications |
4.2.3 Favorable government policies promoting the use of EPDM in various industries |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production costs of EPDM |
4.3.2 Intense competition from substitutes such as natural rubber and other synthetic elastomers |
5 India Ethylene Propylene Diene Monomer Market Trends |
6 India Ethylene Propylene Diene Monomer Market, By Types |
6.1 India Ethylene Propylene Diene Monomer Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Ethylene Propylene Diene Monomer Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 India Ethylene Propylene Diene Monomer Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.1.4 India Ethylene Propylene Diene Monomer Market Revenues & Volume, By Wires & Cables, 2021-2031F |
6.1.5 India Ethylene Propylene Diene Monomer Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.1.6 India Ethylene Propylene Diene Monomer Market Revenues & Volume, By Lubricant Additive, 2021-2031F |
6.1.7 India Ethylene Propylene Diene Monomer Market Revenues & Volume, By Plastic Modifications, 2021-2031F |
6.1.8 India Ethylene Propylene Diene Monomer Market Revenues & Volume, By Automotive, 2021-2031F |
6.1.9 India Ethylene Propylene Diene Monomer Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 India Ethylene Propylene Diene Monomer Market Revenues & Volume, By Others, 2021-2031F |
7 India Ethylene Propylene Diene Monomer Market Import-Export Trade Statistics |
7.1 India Ethylene Propylene Diene Monomer Market Export to Major Countries |
7.2 India Ethylene Propylene Diene Monomer Market Imports from Major Countries |
8 India Ethylene Propylene Diene Monomer Market Key Performance Indicators |
8.1 Growth in the manufacturing sector in India |
8.2 Adoption rate of EPDM in key industries such as automotive, construction, and electrical |
8.3 Investment trends in research and development for EPDM technology advancements |
9 India Ethylene Propylene Diene Monomer Market - Opportunity Assessment |
9.1 India Ethylene Propylene Diene Monomer Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Ethylene Propylene Diene Monomer Market - Competitive Landscape |
10.1 India Ethylene Propylene Diene Monomer Market Revenue Share, By Companies, 2024 |
10.2 India Ethylene Propylene Diene Monomer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |