Ethylene Propylene Diene Monomer Market Size, Share & Trends Analysis Report By Product (Hoses, Seals & O-Rings, Gaskets, Rubber Compounds, Weather Stripping) By Application (Wires & Cables, Lubricant Additive), By Region, And Segment Forecasts, 2025 - 2030

Market Size & Trends

The global ethylene propylene diene monomer market size was valued at USD 4.87 billion in 2024 and is projected to grow at a CAGR of 5.5% from 2025 to 2030. The growth of the industry is mainly driven by the increasing investments in the automotive sector across emerging economies, such as China and India.

The global demand for ethylene propylene diene monomer (EPDM) is anticipated to witness considerable growth over the forecast period, owing to the expansion of application sectors including automotive and building & construction. Rapid advancements in the construction and automotive industries in the U.S. have led to a growth in product demand.

EPDM aids the production of aesthetically enhanced automotive parts. In addition, using EPDM enables manufacturers to reduce processing time and maximize profits. This has resulted in automotive manufacturers’ growing adoption of high-performance EPDM across various regions. In the U.S., aerospace is one of the largest industries developing and supplying products & services to general aviation, commercial airline, space, and defense markets. The U.S. government’s Aviation Research Grants Program provides grants and cooperative agreements to encourage and support civil aviation market growth research.

According to the Federal Aviation Administration, in 2021, 20 grants with a total of USD 7,346,411.10 were awarded under the Aviation Research Grant Program 2021. Such grants enable seal manufacturing companies to develop new products primarily for the aerospace market. For instance, in July 2021, Scientists at Freudenberg Sealing Technologies developed 80 EPDM 426288, demonstrating superior low-temperature sealing behavior at extreme pressures and temperatures, making it suitable for the manufacture of seals to be used in commercial airliners. Thus, the growing aerospace industry is expected to positively influence the market in the U.S. aerospace sector over the forecast period.

In recent years, growing number of hydrogen-powered cars has developed rising demand for hydrogen fueling stations throughout the U.S. For example, in February 2022, Iwatani Corp. of America and Chevron U.S.A., Inc. agreed to co-develop and build 30 hydrogen filling stations in California by 2026. Furthermore, in May 2024, Air Products and Chemicals, Inc. announced its plan to develop a permanent and commercial-scale network of multi-modal hydrogen refueling stations in North Carolina and South Carolina in the U.S.

Since EPDM exhibits superior cold resistance, i.e., retention of elasticity at low temperatures (-40°C), EPDM-based seals can be used at hydrogen fueling stations. Thus, the rising number of hydrogen fueling stations is expected to drive the demand for EPDM-based seals in North America. According to the European Commission, the automotive industry accounts for a share of 7% of the total Gross Domestic Product (GDP) of the European Union. The automotive industry in the region was hit hard in the second half of 2022. This was mainly due to the high raw material costs, the prevailing semiconductor crisis caused by the material shortage, and the Russia-Ukraine conflict.

The sanctions imposed on Russia and the logistical constraints have driven tire manufacturers to suspend their operations in most countries of Europe, including Russia. For instance, in March 2022, MICHELIN announced suspending production at some of its European plants on account of the impact of the Russia-Ukraine conflict on its supply chain. In addition, in June 2022, Nokian Tyres Plc decided to initiate a controlled exit from the Russian market due to the tightening sanctions, making it unfeasible for the company to continue its operations in the country.

New product launches by key industry participants are expected to drive the growth of this market during the forecast period. Trends such as sustainability and using environmentally friendly, bio-based materials primarily influence new product developments in this industry. For instance, in July 2024, one of the major market players in the chemical industry, Dow, announced the launch of bio-based EPDM rubber material, NORDEL REN Ethylene Propylene Diene Terpolymers (EPDM). It is primarily designed for automotive, infrastructure, and consumer goods industry applications.

EPDM is used as a waterproofing material in various areas in the building & construction industry, such as Brick Bat Coba (BBC), box-type waterproofing, and bitumen membranes. BBC waterproofing systems are used in wet areas, large podiums, balconies, and terraces of buildings. EPDM is widely utilized as a material in high-temperature cables in steel mills, airport lighting, nuclear & thermal power stations, wind power mills, construction equipment, textile machines, EOT cranes, ships, electrical machines, and turbines.

Market Concentration & Characteristics

The market growth stage is medium, and the pace of market growth is accelerating. Growing applications of EPDM in various industries have driven innovation in this market. Increasing awareness regarding sustainability and environmental impact has stimulated innovation and the launch of novel products. In addition, developing EPDM materials with unique characteristics also fuels innovation. For instance, in March 2024, HUTCHINSON introduced a newly developed fire-resistant EPDM material, primarily designed for battery cooling circuit seals, battery pack gaskets, and battery peripheral equipment. It is equipped with UL 94 V-0, the most stringent fire resistance level, and is sustainable and halogen-free.

The level of merger & acquisition activities is medium in this industry. The acquisition or merger of companies that manufacture EPDM-based products and other elastomers influences this industry. The impact of regulations on the ethylene propylene diene monomer market is medium. Key rules related to this market include REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals), RoHS (Restriction of Hazardous Substances) by the EU, and EPA Regulations by the U.S. Environmental Protection Agency.

The threat of substitutes is medium, as multiple industries prefer EPDM's unique properties for producing aesthetically improved finished goods. The material's superior resistance capacities, ability to perform at various temperature extremes, and durability assist manufacturers in accomplishing the desired quality of finished products, such as gaskets and seals. The end-use concentration in the ethylene propylene diene monomer market is medium, as multiple industries use it as a key material in product manufacturing. The increasing adoption of EPDM in various industries also contributes to this.

Product Insights

Seals and O-rings dominated the global ethylene propylene diene monomer industry with a revenue share of 18.5% in 2024. Seals and O-rings are used in a wide range of industries for tightly sealing connections in pneumatic systems, hydraulic systems, and tubes and pipes. Several factors, such as sealing pressure, cost, operating conditions, temperature, hardness, and chemical compatibility, have to be considered while manufacturing seals and O-rings. EPDM rubber seals and O-rings provide good resistance to water, alcohols, ketones, steam, acids, and automotive brake fluids. In addition, EPDM also provides resistance against compression set, tearing, abrasion, weathering, and aging. These properties make it suitable for applications, such as automotive brake systems and steam lines. Hoses are used for various applications requiring the transfer of chemicals, water, gases, and hydraulic oils. Hence, they require materials that provide flexibility, hardness, resistance to weathering & ozone, and compatibility with certain fluids. EPDM exhibits excellent resistance to heat, weathering, tear, and ozone.

The gaskets segment is projected to experience significant growth over the forecast period. Gaskets function as a seal between surfaces and are used for providing cushioning, reducing noise, providing electrical insulation, and stopping leakage. EPDM possesses high tensile strength (from 7 to 21 MPa) compared to its alternatives, such as neoprene, nitrile, and silicone. Moreover, its resistance to high temperatures, abrasion, tear, ultraviolet light, wind, weathering, aging, and ozone, as well as good electrical insulation properties, make it a suitable material for the manufacturing of gaskets.

Application Insights

The automotive applications segment held the largest revenue share of the global ethylene propylene diene monomer industry in 2024. Modern automotive manufacturers are trying to downsize the engine and engine compartment to produce fuel-efficient vehicles. The compactness of the engine compartment results in the high temperature of engine components since there is insufficient space for heat dissipation. This is expected to drive the demand for high-performance elastomers, such as silicone and fluoroelastomer-based gaskets and seals. However, the high price of these elastomers makes EPDM a cost-effective alternative for gaskets and seals. EPDM has good thermal stability due to its saturated main chain structure, which adds to its application in automotive gaskets and hoses. Launch of new EPDM products characterized by unique features linked with sustainability and exclusive properties such as fire resistance is expected to drive growth.

The lubricant additive applications segment is projected to experience the fastest CAGR from 2025 to 2030. EPDM is extensively used to enhance viscosity index (VI) lubricant oils, which ensures improved flow properties even during low erasures. For example, Shanghai Minglan Chemical Co., Ltd. provides ethylene propylene rubber, a viscosity index improver suitable for enhancing thermal oxidation stability and shear stability. The increasing adoption of lubricant oils across various industries, such as power generation, manufacturing, and construction, is likely to support the growth of this segment in the forecast period.

Regional Insights

North America accounted for a significant revenue share of the global ethylene propylene diene monomer industry in 2024. This market is primarily driven by the increasing application of EPDM in the automotive sector, multiple regional automotive manufacturers, and many building & construction industry participants active in North America. According to the International Trade Centre, in 2024, the U.S. exported 882,325 units of ethylene-propylene-diene rubber.

U.S. Ethylene Propylene Diene Monomer Market Trends

The U.S. ethylene propylene diene monomer market held the largest revenue share of the regional industry in 2024. A robust automotive manufacturing industry and significant growth in application areas across various industries are expected to drive growth. EPDM is increasingly used in the U.S. market to manufacture seals and o-rings, creating fluid-resistance barriers between two surfaces. The o-rings are extensively incorporated in products offered by industries such as food and beverages, consumer goods, and pharmaceuticals. The growth experienced by these industries is adding to lucrative opportunities for the EPDM market in the U.S.

Europe Ethylene Propylene Diene Monomer Market Trends

Europe was identified as one of the key regions of the ethylene propylene diene monomer market in 2024. Multiple automotive manufacturers, such as Volkswagen, Stellantis, Mercedes-Benz, and Renault, operate regional production facilities. The automotive industry's growing utilization of EPDM for manufacturing seals and gaskets primarily contributes to its growth. In addition, numerous manufacturers offering pharmaceutical products, personal care products, and consumer goods also generate significant growth opportunities for this market.

Asia Pacific Ethylene Propylene Diene Monomer Market Trends

Asia Pacific held the largest revenue share of the global ethylene propylene diene monomer industry and accounted for 42.4% in 2024. This market is mainly driven by aspects such as the presence of countries such as China and India, which have become manufacturing hubs for multiple industries, including automotive, rubber, plastic products, electronics, and consumer goods. Growing adoption of EPDM for the development of seals, o-rings, gaskets, and other insulators is expected to fuel growth over the forecast period.

China accounted for the largest revenue share of the Asia Pacific ethylene propylene diene monomer market. A strong chemical and materials manufacturing industry, increasing participation in the global trade of EPDM rubber, and multiple manufacturers in the automotive industry, especially electric cars, in China contribute to this market's growth. The easy availability of materials, technological advancements in the chemical manufacturing sector, and increasing exports are expected to develop significant opportunities from 2025 to 2030.

Key Ethylene Propylene Diene Monomer Company Insights

Some of the prominent companies operating in the ethylene propylene diene monomer industry include Dow, Exxon Mobil Corp., Sumitomo Chemical Co., Ltd., Lion Elastomers, and others. Multiple market participants have been embracing strategies such as new product launches, partnerships and collaborations with other organizations, engagement in supply contracts, and research-driven innovation.

• Dow is a company in the materials science industry that specializes in delivering innovation-based sustainable solutions. It provides a wide range of products, including additives, modifiers, foam control agents, elastomers, gels, conformal coatings, lubricants, polyethylene, optical materials, surfactants, solvents, emulsifiers, and others.

• ARLANXEO is one of the major manufacturers of synthetic rubber. It provides high-performance rubbers primarily designed for industries such as automotive, oil and gas, electrical, and construction. Under the Keltan brand, EPDM is offered in various forms, viscosities, and molecular weight distributions.

Recent Developments

• In May 2024, KRAIBURG TPE launched newly developed EPDM adhesion compounds, primarily designed for automotive sealing applications. Equipped with a formulation suitable for exterior automotive parts, UV resistance capabilities, and other key features, this portfolio is expected to strengthen KRAIBURG TPE’s market position in the automotive sealing and adhesion sector.

• In February 2024, Emulco NV collaborated with Lion Elastomers, liquid-EPDM (L-EPDM) polymers, and Ethylene Propylene Diene Monomer (EPDM) rubber provider. Two have signed a supply contract linked with the use of Trilene 65 L-EPDM, a component for Emulco's water-based EPDM dispersion product. 

Ethylene Propylene Diene Monomer Market Report Scope

Global Ethylene Propylene Diene Monomer Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global ethylene propylene diene monomer market report based on product, application, and region:

• Product Outlook (Revenue, USD Million, Volume, Kilotons, 2018 - 2030)

  • Hoses

    • Hydraulic & Pressure Washer Hoses

    • Industrial Hoses

    • Others

  • Seals & O-Rings

    • Shaft Seal

    • Molded Packing & Seals

    • Motor Vehicle Body Seal

    • Others

  • Gaskets

    • Metallic

    • Semi-metallic

    • Non-metallic

  • Rubber Compounds

    • Car Bumpers

    • Fender Extensions

    • Rub Strips

    • Others

  • Roofing Membranes

  • Connectors and insulators

  • Weather Stripping

  • Others

• Application Outlook (Revenue, USD Million, Volume, Kilotons, 2018 - 2030)

  • Building & Construction

  • Electrical & Electronics

  • Lubricant Additive

  • Plastic Modifications

  • Automotive

  • Tires & Tubes

  • Others

• Regional Outlook (Revenue, USD Million, Volume, Kilotons, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

  • Central & South America

    • Brazil

    • Argentina

  • Middle East & Africa

    • Saudi Arabia

    • South Africa