EPDM Rubber Price Trend and Forecast
Get the latest insights on price movement and trend analysis of EPDM Rubber in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
Asia
The price trends for EPDM rubber soared throughout the Asia-Pacific region during the said period. The robust demand from the downstream construction and automotive sector supported the high quotations of prices offered by the manufacturers. The cost of EPDM rubber averaged 3345 USD/MT in Q1. The prices soared to an all-time high in Q2, given the geopolitical turbulence and pandemic-related shutdowns in China. With the reduced industrial output along with complex logistics and inflated freight charges, the prices of EPDM rubber surged, averaging 3500 USD/MT towards the end of Q2.
Europe
The European domestic market closely mimicked its Asian counterpart. The energy crisis triggered by the Russian invasion of Ukraine led to high-cost inflation in Europe. The surging power consumption rates amid limited inventories and solid downstream demand favoured the inflated prices of EPDM rubber, averaging 3610 USD/MT. However, the exports declined due to the disruptions in the Black Sea area. The manufacturers faced the double whammy of high feedstock prices and demand destruction. EPDM rubber prices averaged 4168 USD/MT during the end of Q2.
North America
EPDM rubber prices hit an all-time high in the US domestic market due to supply disruptions, inflated freight prices, labour shortages and poor logistics. However, despite these hindrances, the demand from the downstream construction and automotive sector kept steady. The prices of EPDM rubber averaged 4067 USD/MT towards the end of Q2.
Analyst Insight
According to Procurement Resource, EPDM rubber prices are expected to plateau and stabilize in the upcoming months. With the upliftment of covid related shutdowns and relaxing oil prices, the industrial production rates will likely increase, leading to overflowing inventories. Hence, amid the weak market sentiments, the prices are likely to decrease.
Procurement Resource provides latest prices of EPDM Rubber. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
EPDM rubber is a type of synthetic rubber that is a copolymer of ethylene, propylene, and non-conjugated diene monomers. These dienes are usually vinyl norbornene, dicyclopentadiene, etc. It is an example of M-class synthetic rubber, meaning that it is an elastomer comprising a saturated chain of polymethylene type. Usually, the ethylene content is between 45-75%, whereas dienes are around 3-9%. The cross-linkages are vulcanized via Sulphur. EPDM rubber owing to its excellent properties like resistance to heat, light, ozone, and polar liquids, are widely prevalent among manufacturers.
Report Features | Details |
Product Name | EPDM Rubber |
HS CODE | 400270 |
CAS Number | 25034-71-3 |
Industrial Uses | Plasticizers, Electrical Insulators, Sealant and gasketing, Waterproof Seals, Construction, Automotives |
Synonyms | EPDM synthetic rubber, Ethylene Propylene Diene Monomer Rubber |
Supplier Database | DOW Inc, JSR Corporation (Kumho Polychem Co. Ltd.), ARLANXEO, Exxon Mobil Corporation |
Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
Currency | US$ (Data can also be provided in local currency) |
Supplier Database Availability | Yes |
Customization Scope | The report can be customized as per the requirements of the customer |
Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
The polymerization reaction of the feedstock ethylene, propylene, and the catalyst take place in the presence of an excess hydrocarbon solvent. Stabilizers are required as and when needed. Then steam and hot water remove the excess solvent and monomers, leaving only the EPDM rubber. This product is then dried through a mechanical press or in ovens.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e., government agencies, external trade bodies, and industry publications).
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