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Ethylidene Norbornene Market to Reach Around USD 8.74 Billion in 2028

The global ethylidene norbornene market is anticipated to grow at a substantial CAGR of 11.7% in the upcoming years. The global ethylidene norbornene industry was estimated to be worth USD 4.5 billion in 2021 and was expected to be worth USD 8.74 billion by 2028.


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Chris Smith

3 months ago | 2 min read

The latest market report published by Credence Research, Inc. is “Global Ethylidene Norbornene Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. The Global Ethylidene Norbornene Market generated revenue of around USD 4.5 billion in 2021 and is anticipated to grow a CAGR of over 11.7% during the forecast period from 2022 to 2028 to reach around USD 8.74 billion in 2028.

The intermediate monomer ethylidene norbornene is an odorless, colorless liquid. Ethylidene norbornene is made from vinyl norbornene. Rubber made from ethylene-propylene diene monomer (EPDM) is typically produced using ethylidene norbornene. Ethylidene norbornene is a component of the ethylene-propylene-diene monomer (EPDM) elastomers used to make synthetic rubber (EPDM rubber). Rubber made from ethylene-propylene diene monomer is employed in several products, including food containers, automobiles, and electrical and electronic equipment. Ethylidene norbornene has excellent chemical and mechanical properties, including quick cure, significant tensile strength, and high wear and temperature resistance. Demand for ethylidene norbornene in the automotive and construction industries is expected to propel the market during the forecast period. Rapid urbanization and increased automotive vehicle production and sales in developed and developing economies are expected to boost demand for ethylidene norbornene in various end-use industries, driving the market.

The global ethylidene norbornene market is bifurcated into Grade, End-Use Industry, and Geography. Based on grade, the market is categorized into industrial and aroma. Based on the end-use industry, the global market is segmented into automotive, construction, electrical & electronics, fragrance, and others. Geographically, the market is divided into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

In 2021, Asia-Pacific dominated the global ethylidene norbornene market owing to rapid urbanization and industrialization in developing economies such as China, India, and other Asian countries. The region's increased automotive production and increasing infrastructure investments are the key factors driving market demand. Moreover, favorable government policies supporting domestic manufacturing industries in countries such as India and China are expected to contribute to the growth of the regional market during the forecast period.

Why to Buy This Report -

  • The report analyses the global ethylidene norbornene market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics from 2016 to 2020, with the base year of 2021 and a forecast period of 2022-2028.
  • The report includes competitive landscape information, such as how the market's key players operate at the global, regional, and country levels.
  • In-depth analysis of the global ethylidene norbornene market segmentation by grade and end-use industry.
  • The report includes extensive and authentic data for all factors, such as supply and demand, CAGR, consumer purchasing trends, and several others.
  • The global ethylidene norbornene market report includes global, regional, and country-level market analysis, key market trends, major players analysis, market growth strategies, and key application areas.



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