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Ethylene Propylene Diene Monomer (EPDM) Market Outlook 2031 The global ethylene propylene diene monomer (EPDM) market was valued at US$ 4.4 Bn in 2021 It is estimated to grow at a CAGR of 5.7% from 2022 to 2031 The global ethylene propylene diene monomer (EPDM) market is expected to reach US$ 7.2 Bn by the end of 2031 Analysts’ Viewpoint on Ethylene Propylene Diene Monomer (EPDM) Market Scenario Ethylene Propylene Diene Monomer (EPDM) is a popular synthetic rubber utilized across various industries due to its low cost, durability, and moldability. Numerous roof attachments in the solar racking industry use EPDM gaskets to create a watertight seal around the roof penetration. The ethylene propylene diene monomer (EPDM) market is estimated to grow considerably during the forecast period primarily due to its extensive application in car bumpers, fender extensions, and rubber strips in the automotive industry. EPDM is used as a cheaper alternative to silicone rubber for parts that are expected to experience significant exposure to moisture, or for electrical insulation. EPDM can be found in parts such as water system O-rings, hoses, and gaskets, as well as in electrical insulators and connectors for wires and cables. It is also used in accumulator bladders, diaphragms, grommets, and belts. Therefore, companies operating in the global ethylene propylene diene monomer (EPDM) market around the world are expected to focus more on enhancement of their manufacturing capacities due to increase in demand in automotive, construction, and mechanical applications. Get PDF sample for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1285 About Transparency Market Research Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports. Contact: Rohit Bhisey Transparency Market Research Inc. CORPORATE HEADQUARTER DOWNTOWN, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453 Email: [email protected] Website: https://www.transparencymarketresearch.com/
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