United States EPDM Rubber Market Insights Forecasts to 2033

• The Market Size is Growing at a CAGR of 5.21% from 2023 to 2033
• The U.S. EPDM Rubber Market Size is Expected to hold a significant share by 2033

The US EPDM Rubber Market Size is Anticipated to hold a significant share by 2033, Growing at a CAGR of 5.21% from 2023 to 2033.

Market Overview

EPDM, also known as ethylene propylene diene monomer, is a synthetic rubber that finds widespread application in numerous sectors. It is an extremely adaptable and long-lasting kind of rubber with a wide range of uses, composed of ethylene, propylene, and diene monomers. While some synthetic rubbers, like EPDM, are made to be able to tolerate more harsh circumstances and can last considerably longer, natural rubber may deteriorate with exposure to sunshine and ozone and become brittle over time. Due to its various qualities, including flexibility, durability, and resistance to a wide variety of temperatures, EPDM has a wide range of uses. This covers a wide range of automotive components, grommets, flexible connectors, water gaskets, O-rings, and numerous other outdoor applications. Moreover, only this rubber is utilized in the construction of complete roofing systems.

Report Coverage

This research report categorizes the market for United States EPDM rubber market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the U.S. EPDM rubber market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the US EPDM rubber market.

Driving Factors

EPDM rubber is utilized in an extensive variety of industries due to its high durability against weathering, ultraviolet (UV) rays, and harsh temperatures. The main factor propelling the EPDM rubber market's growth in North America during the second quarter of 2024 was the expansion of the automobile sector. The market's expansion was fueled by a restricted inflow of Asian imports, the disruption of established trade lines, and higher freight costs. Furthermore, EPDM is a perfect material for HVAC applications due to its outstanding insulation and its ability to operate in temperatures ranging from -50 to 177 degrees Celsius. Growth in the market is expected to be fueled by rising demand for EPDM in the HVAC industry for products such as panel gaskets and seals and pressure switch tubing.

Restraining Factors

The price Growth of EPDM rubber was hindered by the increase in gasoline prices and the skyrocketing rates of inflation. Additionally, due to inadequate logistics, excessive freight costs, labor shortages, and disruptions in supply, EPDM rubber prices in the US domestic market reached an all-time high.

Market Segmentation

The US EPDM rubber market share is classified into product and application.

• The seals & O-rings segment is anticipated to hold a significant share of the U.S. EPDM rubber market during the forecast period.       

Based on the product, the United States EPDM rubber market is divided into hoses and seals & O-rings. Among these, the seals & O-rings segment is anticipated to hold a significant share of the U.S. EPDM rubber market during the forecast period. Seals & O-rings are excellent at forming a trustworthy and safe seal between two surfaces. These seals serve as strong barriers that are necessary for preserving operational integrity and safety in a variety of industries, whether they are used for controlling fluids or gasses or completely stopping leaks.

• The automotive segment is anticipated to hold a significant share of the United States EPDM rubber market during the forecast period.       

Based on the application, the US EPDM rubber market is divided into building & construction, tires & tubes, and automotive. Among these, the automotive segment is anticipated to hold a significant share of the United States EPDM rubber market during the forecast period. EPDM is utilized in a wide range of automotive components, such as bumpers, windshield wipers, brake systems, door and window seals, and numerous hoses and tube

 Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the US EPDM rubber market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• ExxonMobil Chemical Company
• Dow Inc.
• Lion Elastomers
• Carlisle Companies Incorporated
• Firestone Building Products
• JSR Corporation
• Lanxess Corporation
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In August 2022, Lion Elastomers invested USD 22 million to develop a new multi-level manufacturing structure with two additional finishing processes at their elastomeric polymer production plant in Ascension Parish.

Market Segment

This study forecasts revenue at the U.S., regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United States EPDM Rubber Market based on the below-mentioned segments:

United States EPDM Rubber Market, By Product

• Hoses
• Seals & O-Rings

United States EPDM Rubber Market, By Application

• Building & Construction
• Tires & Tubes
• Automotive