Product Code: ETC324207 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Singapore Ethylene Propylene Diene Monomer Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 4.31% in 2025, the market peaks at 4.43% in 2026, and settles at 3.43% by 2029.
By 2027, Singapore's Ethylene Propylene Diene Monomer market is forecasted to achieve a stable growth rate of 4.41%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The Singapore ethylene propylene diene monomer (EPDM) market has witnessed significant demand in recent years, primarily driven by its wide-ranging applications in the automotive, construction, and electrical industries. EPDM is known for its excellent weather resistance, electrical insulation properties, and durability, making it a preferred choice for various sealing and gasketing applications. The growing construction activities and automotive production in Singapore have bolstered the demand for EPDM, and the market is expected to continue expanding as industries increasingly prioritize sustainable and long-lasting materials.
The ethylene propylene diene monomer (EPDM) market in Singapore is thriving due to its versatility and resilience in various applications, particularly in the construction and automotive industries. EPDM is known for its exceptional weather resistance, thermal stability, and sealing properties, making it a preferred choice for roofing membranes, automotive gaskets, and electrical insulation. Singapore focus on infrastructure development and green building practices has fueled the demand for EPDM roofing materials. Moreover, the automotive sector`s need for durable and weather-resistant components further contributes to market growth. The versatility of EPDM in both traditional and sustainable construction practices aligns with Singapore commitment to environmental sustainability.
The Singapore ethylene propylene diene monomer (EPDM) market grapples with challenges associated with raw material costs and availability. EPDM production relies heavily on ethylene and propylene, making it vulnerable to price volatility. Moreover, the automotive and construction sectors, key consumers of EPDM, are subject to economic cycles, which can impact demand. The need for sustainable and recyclable materials in these sectors also requires innovation and adaptation by market players.
The Singapore ethylene propylene diene monomer (EPDM) market was not immune to the pandemic`s impact. EPDM is used in various applications, including automotive components, construction, and electrical insulation. As construction projects were delayed and automotive manufacturing slowed down, the demand for EPDM declined. Supply chain disruptions also affected the availability of raw materials. On the bright side, the construction industry showed resilience with the government`s infrastructure investment, supporting the gradual recovery of the EPDM market.
Noteworthy companies in the ethylene propylene diene monomer market in Singapore include Exxon Mobil Corporation, Dow Inc., Mitsui Chemicals, Inc., Lanxess AG, and Kumho Polychem Co., Ltd.
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 Singapore Ethylene Propylene Diene Monomer Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Ethylene Propylene Diene Monomer Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Ethylene Propylene Diene Monomer Market - Industry Life Cycle |
3.4 Singapore Ethylene Propylene Diene Monomer Market - Porter's Five Forces |
3.5 Singapore Ethylene Propylene Diene Monomer Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Singapore Ethylene Propylene Diene Monomer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Ethylene Propylene Diene Monomer Market Trends |
6 Singapore Ethylene Propylene Diene Monomer Market, By Types |
6.1 Singapore Ethylene Propylene Diene Monomer Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Singapore Ethylene Propylene Diene Monomer Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Singapore Ethylene Propylene Diene Monomer Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.1.4 Singapore Ethylene Propylene Diene Monomer Market Revenues & Volume, By Wires & Cables, 2021-2031F |
6.1.5 Singapore Ethylene Propylene Diene Monomer Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.1.6 Singapore Ethylene Propylene Diene Monomer Market Revenues & Volume, By Lubricant Additive, 2021-2031F |
6.1.7 Singapore Ethylene Propylene Diene Monomer Market Revenues & Volume, By Plastic Modifications, 2021-2031F |
6.1.8 Singapore Ethylene Propylene Diene Monomer Market Revenues & Volume, By Automotive, 2021-2031F |
6.1.9 Singapore Ethylene Propylene Diene Monomer Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Singapore Ethylene Propylene Diene Monomer Market Revenues & Volume, By Others, 2021-2031F |
7 Singapore Ethylene Propylene Diene Monomer Market Import-Export Trade Statistics |
7.1 Singapore Ethylene Propylene Diene Monomer Market Export to Major Countries |
7.2 Singapore Ethylene Propylene Diene Monomer Market Imports from Major Countries |
8 Singapore Ethylene Propylene Diene Monomer Market Key Performance Indicators |
9 Singapore Ethylene Propylene Diene Monomer Market - Opportunity Assessment |
9.1 Singapore Ethylene Propylene Diene Monomer Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Singapore Ethylene Propylene Diene Monomer Market - Competitive Landscape |
10.1 Singapore Ethylene Propylene Diene Monomer Market Revenue Share, By Companies, 2024 |
10.2 Singapore Ethylene Propylene Diene Monomer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |