Ethylene propylene diene monomer (EPDM) is a type of synthetic rubber that provides high tensile strength, flexibility, and resistance to degradation from sunlight, ozone, and heat. It is created by copolymerization of ethylene, propylene, and a small amount of non-conjugated diene monomers. EPDM possesses good chemical resistance to oxidation, weathering, and oils at elevated temperatures. Due to its excellent resilience at temperatures ranging from -50°C to 150°C, it is commonly used in various applications such as wire and cable insulation, automotive applications, roofing membranes, and hoses and belts. EPDM enables down-gauging of components due to its high strength, flexibility, and durability.
Market Dynamics:
The global EPDM market is primarily driven by the growing demand from the automotive industry. EPDM finds wide usage in automotive gaskets, hoses, belts, brake parts, and other rubber components owing to its durable properties. Increasing vehicle production around the world is positively impacting the market growth. Furthermore, EPDM is extensively adopted for wire and cable insulation as it demonstrates good dielectric properties as well as resistance to corona, ozone cracking, and weathering even at elevated temperatures. Rising investments in power sector are driving its demand. Growing infrastructure activities worldwide are augmenting the consumption of EPDM in the construction industry for various applications such as roofing membranes, waterproofing sheets, and linings. However, the availability of substitute products and fluctuating raw material prices remain longstanding challenges for the market. Technological advancements in production techniques are expected to create new opportunities over the coming years.
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