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
Industry: Chemicals & MaterialsGlobal Ethylidene Norbornene Market Insights Forecasts to 2035
- The Global Ethylidene Norbornene Market Size Was Estimated at USD 1.06 Billion in 2024
- The Market Size is Expected to Grow at a CAGR of around 5.75% from 2025 to 2035
- The Worldwide Ethylidene Norbornene Market Size is Expected to Reach USD 1.96 Billion by 2035
- North America is Expected to Grow the fastest during the forecast period.
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The Global Ethylidene Norbornene Market Size was Worth around USD 1.06 Billion in 2024 and is predicted to Grow to around USD 1.96 Billion by 2035 with a Compound Annual Growth Rate (CAGR) of 5.75% from 2025 and 2035. A major opportunity in the ethylidene norbornene market is the creation of sustainable and ecologically secure products based on ethylidene norbornene (ENB).
Market Overview
The Global Industry that produces, distributes, and uses ethylidene norbornene a bicyclic monomer mostly utilized in the synthesis of ethylene propylene diene monomer (EPDM) rubber, is included in the ethylidene norbornene market. The growing need for EPDM rubber in the automotive, construction, and electrical industries is creating opportunities for the ethylenedene norbornene market. Urbanization, infrastructure development, and technical developments are the main drivers of growth. Demand from the automotive, construction, electrical, and fragrance industries is driving the ethylidene norbornene market.
The primary drivers of the ethylidene norbornene market's expansion are its distinct molecular structure and its application in various end-use industries. The expansion of renewable energy projects, especially wind turbines and solar panels, is driving demand for materials like ethylidene norbornene, which are known for their exceptional durability and weather resistance. The growing need for synthetic rubbers in industrial applications, roofing membranes, and automotive seals is driving a notable expansion in the ethylidene norbornene market.
Report Coverage
This research report categorizes the ethylenedene norbornene market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the ethylenedene norbornene market. Recent market developments and competitive strategies such as expansion, type launch, 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 ethylenedene norbornene market.
Global Ethylidene Norbornene Market Report Coverage
Report Coverage | Details |
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Base Year: | 2024 |
Market Size in 2024: | USD 1.06 Billion |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 5.75% |
2035 Value Projection: | USD 1.96 Billion |
Historical Data for: | 2020-2023 |
No. of Pages: | 245 |
Tables, Charts & Figures: | 120 |
Segments covered: | By Application, By End Use, By Region |
Companies covered:: | 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 Other Key Companies. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
The crucial function that ethylidene norbornene plays as a co-monomer in high-performance elastomers that are widely used in industrial, automotive, and construction applications is driving the market's steady rise. The increase in EPDM across a number of sectors is the primary factor driving the growth of the ethylenedene norbornene market. Its molecular structure determines the flavors and smells it uses.
The increasing use as a co-monomer in high-performance elastomers and in renewable energy applications like solar panels and wind turbines is driving the market's growth. Increased use of bio-based ENB derivatives and sustainable production methods is changing the market, which is mostly due to stricter environmental laws and growing customer demand for green products.
Restraining Factors
The petrochemical feedstocks used to make ethylene and dicyclopentadiene (DCPD), which are mostly impacted by fluctuations in the price of crude oil, are used to make ethylenedene norbornene. Prices for end users fluctuate as a result of these price fluctuations, which also have a significant impact on manufacturing costs and manufacturers' profit margins.
Market Segmentation
The ethylenedene norbornene market share is classified into application and end use.
- 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. EPDM rubber, also known as ethylene propylene diene monomer, is a very versatile elastomer that finds extensive application in the consumer goods, automotive, construction, and electrical sectors. Its remarkable properties, including heat resistance, durability, and UV stability, make it suitable for a range of applications, such as automotive seals, roofing membranes, and electrical insulation.
- The automotive segment accounted for the largest share in 2024 and is anticipated to grow at a significant 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 significant CAGR during the forecast period. The need for robust, long-lasting materials and increased vehicle manufacturing is driving the growth of the automotive sector. Additionally, the market for ENB is going to expand as a result of the increased demand for EPDM rubber driven by the switch to electric vehicles.
Regional Segment Analysis of the Ethylidene Norbornene Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
Asia Pacific is anticipated to hold the largest share of the ethylenedene norbornene market over the predicted timeframe.
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Asia Pacific is anticipated to hold the largest share of the ethylenedene norbornene market over the predicted timeframe. Asia Pacific's strong industrialization and booming construction and automotive sectors are driving the region's growth. In the automotive business, ENB is highly sought after for producing high-performance elastomers for gaskets, hoses, and seals. Furthermore, the rapid expansion of infrastructure and the increase in construction activities are driving the need for ENB in applications such as waterproofing solutions and roofing membranes. This requirement is met by the region's robust vehicle manufacturing and exporting industries.
North America is expected to grow at a rapid CAGR in the ethylenedene norbornene market during the forecast period. The primary factors driving the market's expansion in North America are more stringent laws and enhanced technological capabilities. The region's booming automotive industry uses ENB extensively in the manufacturing of high-performance elastomers for car gaskets, hoses, and seals. By focusing on reducing environmental effects through green manufacturing initiatives and ecologically friendly ENB derivatives, North America is also a leader in sustainable practices.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the ethylenedene norbornene market, along with a comparative evaluation primarily based on their type of 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 type 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
- 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
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In December 2023, LyondellBasell and INEOS announced an agreement to buy INEOS's Ethylene Oxide and Derivatives division, which includes the Bayport Underwood facility in Texas. The 420 kt ethylene oxide, 375 kt ethylene glycols, and 165 kt glycol ethers plants, together with any related 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
Frequently Asked Questions (FAQ)
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1. What is the CAGR of the ethylenedene norbornene market over the forecast period?The global ethylenedene norbornene market is projected to expand at a CAGR of 5.75% during the forecast period.
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2. What is the market size of the ethylenedene norbornene market?The global ethylenedene 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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3. Which region holds the largest share of the ethylenedene norbornene market?Asia Pacific is anticipated to hold the largest share of the ethylenedene norbornene market over the predicted timeframe.
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