Global Ethylidene Norbornene Market Size To Exceed USD 1.96 Billion by 2035 | CAGR 5.75%
Category: Chemicals & MaterialsGlobal Ethylidene Norbornene Market Size To Exceed USD 1.96 Billion by 2035
According to a Research Report Published by Spherical Insights & Consulting, The Global Ethylidene Norbornene Market Size is Expected to Grow from USD 1.06 Billion in 2024 to USD 1.96 Billion by 2035, at a CAGR of 5.75% during the Forecast Period 2025-2035.
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Browse key industry insights spread across 245 pages with 120 Market data tables and figures & charts from the report on the "Global Ethylidene Norbornene Market Size, Share, and COVID-19 Impact Analysis, By Application (EPDM Rubber, and Polymer & Chemical Intermediates), By End Use (Automotive, Construction, Consumer Goods, and Flavor & Fragrance), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/ethylidene-norbornene-market
The Ethylenedene Norbornene Market Size focus on the worldwide industry that manufactures, distributes, and uses this bicyclic monomer, which is primarily used in the production of ethylene propylene diene monomer (EPDM) rubber. This market is driven by demand from the construction, automotive, electrical, and fragrance sectors. Growth is influenced by industrial expansion, regional economic trends, and technological advancements. The ethylenedene norbornene market is expanding due to the increasing demand for EPDM rubber in the electrical, construction, and automotive sectors. The primary forces behind growth are technological advancements, infrastructure development, and urbanization. The market is expanding due to its growing use as a co-monomer in high-performance elastomers and renewable energy applications such as wind turbines and solar panels. The market for ethylidene norbornene is expanding significantly due to the rising demand for synthetic rubbers in automobile seals, roofing membranes, and industrial applications. Stricter environmental regulations and rising consumer demand for eco-friendly products are mostly to blame for the market's transformation due to the increased use of bio-based ENB derivatives and sustainable production techniques. However, the market for ethylidene norbornene is restricted by supply chain interruptions, environmental constraints, fluctuating raw material prices, and a lack of sustainable substitutes.
The EPDM rubber segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the application, the ethylenedene norbornene market is divided into EPDM rubber, and polymer & chemical intermediates. Among these, the EPDM rubber segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The EPDM rubber market is expanding due to global infrastructure expansion, renewable energy initiatives, and the continuous demand from the automotive sector.
The automotive segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the end use, the ethylenedene norbornene market is divided into automotive, construction, consumer goods, and flavor & fragrance. Among these, the automotive segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. The automotive sector is expanding due to the demand for strong, durable materials and a rise in vehicle production.
Asia Pacific is expected to hold the majority share of the global ethylenedene norbornene market during the forecast period.
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Asia Pacific is expected to hold the majority share of the global ethylenedene norbornene market during the forecast period. In addition, ethylene propylene diene monomer (EPDM) rubber is in greater demand in China for use in automobiles. Rapid urbanization and infrastructure development initiatives are also propelling the country's market expansion.
North America is anticipated to grow at the fastest pace in the global ethylenedene norbornene market during the forecast period. North America's leadership in promoting innovation and meeting evolving demands in the ENB sector is ensured by this proactive approach. Developments in electric vehicle (EV) technology and lightweight materials further promote the demand for ENB.
Major vendors in the global ethylenedene norbornene market are The Dow Chemical Company, MOLBASE, Oxford Polymers, Simagchem Corp, Merck KGaA, Devtaar GmbH, CHEMOS GmbH & Co. KG, Exxon Mobil Corporation, Ningbo Titan Unichem Co., Ltd., Beyond Industries Limited, Crescent Chemical Company, Hangzhou Dayangchem Co. Ltd, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In December 2023, The Bayport Underwood factory in Texas is part of INEOS's Ethylene Oxide and Derivatives division, which it has agreed to sell to LyondellBasell. The 420 kt Ethylene Oxide, 375 kt Ethylene Glycols, and 165 kt Glycol Ethers plants, together with all associated third-party activities on the property, are included in the USD 700 million transaction.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the ethylenedene norbornene market based on the below-mentioned segments:
Global Ethylidene Norbornene Market, By Application
- EPDM Rubber
- Polymer & Chemical Intermediates
Global Ethylidene Norbornene Market, By End Use
- Automotive
- Construction
- Consumer Goods
- Flavor & Fragrance
Global Ethylidene Norbornene Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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