Ethylene Propylene Diene Monomer (EPDM) Market Trends, Demand, Production, Analysis And Forecast To 2025: Grand View Research Inc.
San Francisco, 14 March 2019: The Report Ethylene Propylene Diene Monomer (EPDM) Market Size, Share & Trends Analysis Report By Application (Electrical & Electronics, Building & Construction, Wires & Cables), And Segment Forecasts, 2019 - 2025 The global Ethylene Propylene Diene Monomer (EPDM) Market size is expected to reach USD 6.46 billion by 2025 expanding at a CAGR of 6.5%, according to Grand View Research, Inc. The market is mainly driven by rising demand for bio-based products and R&D investments in the field. High demand for EPDM, mainly in Asia Pacific region due to expanding end-use industries like automotive and construction, is also propelling the market growth. Increasing spending on construction and infrastructure development by federal governments due to growing population along with rapid urbanization and industrialization in developing economies will also support market growth. Thus, growing construction activities, particularly in China and