세계 에틸렌 프로필렌 디엔 모노머(EPDM) 시장 규모는 2024년 53억 달러에 달했습니다. 향후 IMARC Group은 시장이 2033년까지 75억 달러에 도달하여 2025년부터 2033년까지 3.77%의 연평균 성장률(CAGR)을 보일 것으로 예측하고 있습니다. 자동차 산업의 대폭적인 발전, 건설 및 건축 응용 분야에서의 제품 사용 증가, 탄소발자국 감소에 대한 인식 증가 등이 에틸렌 프로필렌 디엔 모노머 시장의 성장을 촉진하고 있습니다.
주요 시장 촉진요인 : 자동차 및 건설 분야에서의 광범위한 제품 사용, 지속적인 인프라 개발, 태양광 패널 설치의 발전, 친환경 소재에 대한 관심 증가 등이 시장 수요를 증가시키고 있으며, EPDM 기술의 지속적인 연구 개발로 특성이 강화된 새로운 등급의 EPDM이 출시되어 새로운 용도를 개척하고 있습니다. 새로운 용도가 개척되고 있습니다.
주요 시장 동향 : 바이오 기반 EPDM의 수요 증가, 고성능 EPDM의 개발 추세 확대, 지속적인 기술 발전, 자동차 판매에서의 사용 증가로 인해 시장 성장이 촉진될 것으로 예상됩니다. 또한 EPDM은 건설 산업에서 지붕 막, 방수 및 단열재로 널리 사용되고 있습니다. 전 세계적으로, 특히 개발도상국에서 건설 활동이 지속적으로 증가함에 따라 건설 응용 분야에서 EPDM에 대한 수요가 꾸준히 증가하고 있습니다.
경쟁 상황 : 에틸렌 프로필렌 디엔 모노머 시장의 주요 기업은 Arlanxeo, Carlisle Companies Incorporated, Dow Inc., Exxon Mobil Corporation, Firestone Building Products (Holcim Group), Jilin Xingyun Chemical Co. Ltd., Johns Manville (Berkshire Hathaway Inc.), Kumho Polychem (Kumho Petrochemical Co. Ltd), Lion Elastomers, Mitsui Chemicals Inc., West American Rubber Company LLC. 등입니다.
지리적 동향 : 보고서에 따르면 아시아태평양이 가장 큰 시장 점유율을 차지하고 있습니다. 이 지역은 인구가 많고, 산업화가 빠르게 진행되고, 시장 개척이 진행되어 전 세계적으로 EPDM의 신흥 시장으로 급성장하고 있습니다. 도시화의 진전과 경제 성장에 따라 자동차, 건설, 제조 등 다양한 분야에서 EPDM의 수요가 증가하고 있습니다.
도전과 기회 : 원자재 가격 변동, 대체 재료와의 경쟁, 환경 문제 증가, 규제 변경 등은 시장이 직면한 도전 과제 중 일부입니다. 그러나 자동차 수요의 증가는 제조업체에게 큰 시장 기회가 되고 있으며, EPDM은 씰, 개스킷, 호스 등 자동차 부품에 널리 사용되어 시장 성장을 촉진하고 있습니다.
건설 분야 수요 증가
EPDM은 내후성, 내구성, 유연성이 뛰어나 지붕 막에 널리 사용되며, EPDM 지붕재는 자외선, 풍화, 온도 변화로부터 장기적으로 보호되어 상업 시설 및 주거용 건물에 적합합니다. 예를 들어, 2023년 8월, 상업용 벽, 라이닝 및 지붕 시스템 업계의 선두주자 중 하나인 ElevateTM는 2022년 6월 Holcim에 인수되어 브랜드명을 변경한 후 사업 확장을 발표하였습니다. 또한 소비자 수요에 따라 EcoWhite EPDM과 RubberGardTM EPDM SA를 재가동하여 고객에게 반사형 EPDM과 자기접착식 루핑막의 시행착오를 겪을 수 있는 옵션을 제공하고 있습니다. 또한, EPDM의 재활용성 및 에너지 효율과 같은 지속가능한 특성은 LEED(Leadership in Energy and Environmental Design)와 같은 친환경 건축 기준 및 인증에도 부합합니다. 그린 빌딩의 채택이 증가함에 따라 환경 친화적인 건설 프로젝트에서 EPDM에 대한 수요가 증가하고 있습니다. 예를 들어, EPDM 루핑 협회가 발표한 기사에 따르면 EPDM은 현대 건축 사업에서 가장 친환경적이고 지속가능한 루핑 재료 중 하나라고합니다. 저렴한 수명주기 비용은 전체 시스템의 우수한 성능의 입증 된 결과입니다. 지붕을 교체하는 빈도가 적을수록 건물에 미치는 영향과 환경에 미치는 영향도 줄어듭니다. 또한, EPDM은 제조 공정에 필요한 에너지가 적습니다. 이러한 이유로 EPDM은 Green Building Digest 14호에서 저경사 루핑의 '베스트 바이'로 선정되었으며, EPDM 멤브레인은 보도 패드 제조에 재사용되거나 수명이 다한 시스템의 다른 용도에 사용되기도 합니다. 이러한 요인으로 인해 에틸렌 프로필렌 디엔 모노머 시장의 수익이 더욱 증가하고 있습니다.
다재다능함에 대한 인식 제고
EPDM은 우수한 내후성, 열 안정성, 유연성 등의 특성을 겸비한 독특한 소재로 다양한 산업에 적용되고 있으며, EPDM은 자동차에 효과적인 씰링 솔루션을 제공하는 데 매우 중요한 역할을 하고 있습니다. 도어 씰, 윈도우 씰, 트렁크 씰, 웨더 스트립 등에 사용되어 차량 내부의 내후성, 먼지 및 소음 방지, 승객의 편안함을 보장합니다. EPDM의 내구성은 자동차 분야에서 제품 수요를 주도하고 있습니다. 가혹한 기상 조건, 온도 변화, 자외선 및 화학제품에 대한 노출을 견딜 수 있는 능력으로 인해 EPDM으로 만든 자동차 부품은 수명이 길어 잦은 교체가 필요하지 않습니다. 예를 들어, 클라이버그 TPE는 2024년 5월 자동차 씰링 시스템 및 외장용 EPDM 접착력을 가진 열가소성 엘라스토머를 출시했습니다. 이 컴파운드는 까다로운 용도에 필요한 접착력, 내구성, 가공성을 제공하며, 소재 기술의 비약적인 발전을 보여줍니다. 특히 자외선 차단 기능이 있는 자동차 외장 부품용으로 설계되어 유리 런 채널, 성형 코너 조인트 및 엔드 캡이 있는 씰링 프로파일에 사용됩니다. 이 외에도 EPDM은 제약, 식음료, 제조업, 태양에너지 분야에서도 사용되고 있습니다. 예를 들어, 2024년 2월, Jindal Steel &Power Ltd(JSPL)는 200만 평방피트에 3.25MWp 용량의 건물 일체형 옥상 태양광발전 프로젝트를 설치했습니다. 이 프로젝트의 이중 보호 시스템은 부품의 연결부 사이에 배치된 알루미늄 합금 커버 플레이트와 태양전지 패널의 수직 방향을 따라 설치된 EPDM 멤브레인 스트립으로 구성되어 물의 침투를 방지합니다. 상부 레일지지 부품은 중간 및 측면의 압력 블록으로 고정되어 있습니다. 이러한 요인들은 에틸렌 프로필렌 디엔 모노머 예측에 더욱 긍정적인 영향을 미칩니다.
기술 발전
끊임없는 기술 발전은 시장 성장을 촉진하는 중요한 요소 중 하나입니다. 첨단 제조 기술을 통해 특정 산업 요구에 맞는 고성능 EPDM 등급을 생산할 수 있게 되었습니다. 이러한 등급은 내열성, 내오존성, 내화학성, 내자외선성 등 우수한 특성을 가지고 있어 자동차, 건축, 전기 등의 산업에서 EPDM의 잠재적 용도를 확장하고 있습니다. 예를 들어, 2024년 3월 파키스탄 라호르에 위치한 지라니 공원에 공원원예청(PHA)이 운동 애호가들을 위한 최첨단 러닝 트랙을 건설했는데, EPDM은 탄력성, 신축성, 내구성, 쿠션성이 뛰어나 550미터 길이의 트랙을 건설하는 데 사용되었습니다. EPDM은 내후성, 내 자외선성, 내마모성이 우수하기 때문에 발이 밟히거나 다양한 기상 조건에 노출되어도 큰 열화를 일으키지 않습니다. 이와 더불어, 특히 인프라 개발에서 첨단 기술 사용에 대한 보급이 증가함에 따라 내후성, 온도 변화 및 자외선으로부터 장기적으로 보호할 수 있는 내구성 있는 EPDM 솔루션에 대한 수요가 증가하고 있으며, 이는 에틸렌 프로필렌 디엔 모노머 시장 점유율에 기여하고 있습니다. 예를 들어, 2023년 7월, 트렐레보그 씰링 솔루션은 광범위한 온도 범위의 고압 환경을 위한 새로운 에틸렌 프로필렌 디엔 모노머를 포함하여 수소 밸류체인을 따라 모든 용도에 사용할 수 있는 H2Pro 씰링 제품군을 출시하였습니다.
The global ethylene propylene diene monomer (EPDM) market size reached USD 5.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 7.5 Billion by 2033, exhibiting a growth rate (CAGR) of 3.77% during 2025-2033. Significant development in the automotive industry, increasing product utilization in construction and building applications, and rising awareness towards the reduction of carbon footprints, are some of the factors that are propelling the ethylene propylene diene monomer market growth.
Major Market Drivers: Extensive product utilization across the automotive and construction sectors, continuous infrastructure development, ongoing installation of solar panels, increasing focus on environmentally friendly materials, etc., are escalating the market demand. Ongoing research and development in EPDM technology are leading to the launch of new grades of EPDM with enhanced properties, opening up new applications, thereby supporting the ethylene propylene diene monomer market demand.
Key Market Trends: Rising demand for bio-based EPDM, growing trend towards the development of high-performance EPDM, ongoing technological advancements, and increasing utilization in automotive sales are expected to stimulate the market growth. Moreover, EPDM is extensively used in the construction industry for roofing membranes, waterproofing, and insulation. As construction activities continue to rise globally, particularly in developing regions, the demand for EPDM in construction applications is increasing steadily.
Competitive Landscape: Some of the leading ethylene propylene diene monomer market companies are Arlanxeo, Carlisle Companies Incorporated, Dow Inc., Exxon Mobil Corporation, Firestone Building Products (Holcim Group), Jilin Xingyun Chemical Co. Ltd., Johns Manville (Berkshire Hathaway Inc.), Kumho Polychem (Kumho Petrochemical Co. Ltd), Lion Elastomers, Mitsui Chemicals Inc., and West American Rubber Company LLC., among many others.
Geographical Trends: According to the report, Asia Pacific accounted for the largest market share. The region is one of the fastest-growing markets for EPDM globally owing to its large population, rapid industrialization, and infrastructure development. With increasing urbanization and economic growth, the demand for EPDM in various sectors, such as automotive, construction, and manufacturing, is on the rise.
Challenges and Opportunities: Raw material price volatility, competition from alternative materials, rising environmental concerns, and regulatory changes are some of the challenges that the market is facing. However, the increasing demand for vehicles presents a significant ethylene propylene diene monomer market recent opportunity for manufacturers. EPDM is widely used in automotive components such as seals, gaskets, and hoses, thereby catalyzing the market growth.
Rising Demand in the Construction Sector
EPDM is widely used in roofing membranes due to its excellent weather resistance, durability, and flexibility. EPDM roofing systems provide long-term protection against UV radiation, weathering, and temperature fluctuations, making them ideal for both commercial and residential buildings. For instance, in August 2023, ElevateTM, one of the industry leaders in commercial wall, lining, and roofing systems, announced expansion following its acquisition by Holcim and rebranding in June 2022. The company has also brought back into service EcoWhite EPDM and RubberGardTM EPDM SA in response to consumer demand, offering clients tried-and-true options for reflective EPDM and self-adhered roofing membranes. Besides this, EPDM's sustainable attributes, such as recyclability and energy efficiency, align with green building standards and certifications like LEED (Leadership in Energy and Environmental Design). The increasing adoption of green building practices drives the demand for EPDM in environmentally friendly construction projects. For instance, according to the article published by the EPDM Roofing Association, in the modern building business, EPDM is one of the greenest and most sustainable roofing materials available. Affordable life cycle costs are the outcome of its proven track record of excellent overall system performance. Building disruptions and environmental effects are lessened when replacement occurs less frequently. It also requires a lesser amount of energy during the production process. In line with this, EPDM is listed as a "Best Buy" for low-slope roofing in Green Building Digest Issue No. 14. EPDM membranes are recycled to make walkway pads or are put to other uses for systems that have reached the end of their useful lifespan. These factors are further bolstering the ethylene propylene diene monomer market revenue.
Emerging Awareness towards Versatility
EPDM is a versatile material with applications across several industries due to its unique combination of properties, including excellent weather resistance, thermal stability, and flexibility. EPDM is crucial for providing effective sealing solutions in vehicles. It's used in door seals, window seals, trunk seals, and weather-stripping, ensuring that cabins remain weatherproof, free from dust and noise, and comfortable for passengers. EPDM's durability is driving the product demand in the automotive sector. Its ability to withstand harsh weather conditions, temperature variations, UV radiation, and exposure to chemicals ensures that automotive components made from EPDM have a long service life, reducing the need for frequent replacements. For instance, in May 2024, KRAIBURG TPE launched thermoplastic elastomers with EPDM adhesion for automotive sealing systems and exteriors. These compounds provide the adhesion, durability, and processability necessary for demanding applications, thereby exemplifying a tremendous advancement in material technology. Particularly designed for UV-resistant vehicle exterior components, they are used in glass run channels and sealing profiles with molded corner joints and end caps. Besides this, EPDM is also used across the pharmaceutical, food and beverages, manufacturing, and solar energy sectors. For instance, in February 2024, Jindal Steel & Power Ltd (JSPL) installed a building-integrated rooftop solar project with a capacity of 3.25 MWp distributed over 2,00,000 sq. ft. The double-layered protection system of the project consists of aluminum alloy cover plates positioned between component connections and EPDM membrane strips installed along the solar panels' perpendicular length to prevent water infiltration. Upper rail support components are held in place by middle and side pressure blocks. These factors are further positively influencing the ethylene propylene diene monomer forecast.
Technological Advancements
Continuous advancement of technology is one of the significant factors driving the market growth. Advanced manufacturing techniques allow the production of high-performance EPDM grades tailored to specific industry needs. These grades offer superior properties such as increased resistance to heat, ozone, chemicals, and UV radiation, expanding the potential applications of EPDM in industries such as automotive, construction, and electrical. For instance, in March 2024, the Parks and Horticulture Authority (PHA) constructed a cutting-edge running track at Jilani Park in Lahore, Pakistan, that is intended especially for exercise aficionados. EPDM, a rubberized artificial surface specifically built for track athletics, was used to construct the 550-meter track because of its resilience, high elasticity, and durability for increased cushioning. Because EPDM was resistant to weathering, UV rays, and heavy use, it could tolerate foot traffic and exposure to a range of weather conditions without experiencing significant deterioration. Besides this, the rising penetration towards the usage of advanced technology especially in infrastructure development is also driving the demand for durable EPDM solutions that can withstand weathering, temperature fluctuations, and long-term protection against UV radiation, thereby contributing to the ethylene propylene diene monomer market share. For instance, in July 2023, Trelleborg Sealing Solutions introduced the H2Pro range of sealing materials for all applications along the hydrogen value chain, including a new ethylene propylene diene monomer rubber for high-pressure environments at a wide temperature range.
Solution polymerization process dominates the market
According to the ethylene propylene diene monomer market overview, solution polymerization processes allow for the development of advanced EPDM formulations with improved properties such as better weather resistance, thermal stability, and mechanical strength. These advancements make EPDM more versatile and suitable for a wider range of applications, driving the market growth. The rising demand in the automotive sector is one of the key factors driving the adoption of solution polymerization processes. Besides this, solution polymerization typically operates at lower temperatures and pressures compared to other polymerization methods, such as suspension polymerization. This reduces energy consumption and operating costs, contributing to the economic viability of EPDM manufacturing.
Direct sales channel allows EPDM manufacturers to build strong relationships with customers. These relationships foster loyalty, repeat business, and opportunities for upselling or cross-selling. It enables manufacturers to offer customized solutions tailored to the specific needs of customers. This customization can include adjusting product specifications, providing technical support, or offering value-added services. While, indirect sales channels, such as distributors and resellers, provide access to a broader customer base and geographical reach. This expands the market coverage for EPDM manufacturers.
Automotive sector accounts for the majority of the market share
As per the ethylene propylene diene monomer market outlook, EPDM is widely used in the automotive industry for sealing applications such as door seals, window seals, trunk seals, and weather-stripping. As vehicles become more advanced and complex, there is an increasing need for high-quality seals to ensure water-tightness, noise reduction, and cabin comfort. Moreover, EPDM is lightweight compared to many alternative materials, contributing to efforts in vehicle lightweighting. Lighter vehicles improve fuel efficiency, reduce emissions, and enhance performance, making EPDM an attractive choice for automotive manufacturers striving to meet regulatory standards and consumer demands. Besides this, the rise of electric vehicles (EVs) has increased the demand for EPDM in automotive applications. EPDM is used in EVs for sealing battery compartments, electric motor housings, and charging ports, where its durability and electrical insulation properties are essential. For instance, in April 2024, Hutchinson launched a cutting-edge EPDM material for sealing electric vehicle battery packs. This newly developed material is specifically designed for use in battery pack gaskets and seals within the battery cooling circuit, preventing coolant from penetrating the battery cells and limiting the spread of flames in the event of an emergency.
Asia-Pacific exhibits a clear dominance in the market
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share.
According to the ethylene propylene diene monomer market statistics, the Asia Pacific region is undergoing rapid urbanization and industrialization, particularly in countries like China, India, and other Southeast Asian nations. This growth fuels the demand for EPDM in construction, automotive, electrical, and industrial applications. Moreover, EPDM is used in cabin seals and gaskets to ensure air and water-tightness in aircraft cabins. With the increasing demand for air travel in the Asia Pacific region, airlines and aircraft manufacturers require high-quality seals and gaskets to maintain cabin comfort and safety. EPDM's durability and resistance to environmental factors make it a preferred material for cabin seals. For instance, in March 2024, a space tech company in India, Skyroot Aerospace, successfully test-fired the Stage-2 of Kalam-250, Vikram-1 space launch vehicle. The Kalam-250 was a high-strength carbon composite rocket rotor that utilizes solid fuel and a high-performance EPDM thermal protection system.
The market research report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include: