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Ethylene Propylene Diene Monomer Market Share Global EPDM market is highly competitive. Major industry includes:
The industry is witnessing high degree of forward integration. For instance, Lanxess AG, ExxonMobil Chemical Company, Firestone Building Products Company, and Johns Manville are integrated forward to produce EPDM based products from the raw materials manufactured by the same companies.
Although there is a lot of captive consumption of raw materials, there is also a boost in raw material requirement due to increasing ethylene propylene diene monomer market demand. Along with Chinese companies, the degree of competition is anticipated to remain high over the duration of the forecast period.