PUNE, India—The global market for ethylene propylene diene monomer rubber in terms of revenue was estimated to be worth around $4.2 billion in 2011 and is expected to reach $6.5 billion by 2017, growing at an estimated compound annual growth rate of 6.9 percent from 2012-17.
These are the principal conclusions in a report “EPDM Rubber Market by Application & Geography Trends & Forecasts to 2017” from Markets and Markets.
Asia-Pacific is cited as the largest EPDM market, which is expected to rise due to robust growth in China and India of end-user industries such as automotive, wire and cables, and lubricant additives.