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Ethylene Propylene Diene Monomer (EPDM) Market for Medical Application Market Size (2024 - 2029)

The ethylene propylene diene monomer (EPDM) market for medical applications is anticipated to experience growth, driven primarily by increased demand stemming from the COVID-19 pandemic. This market's expansion is supported by EPDM's suitability for use in aqueous pharmaceutical products and its significant role in manufacturing medical supplies such as masks and gloves. However, the market's growth may be challenged by the presence of substitute materials and the need for regulatory approvals. North America is projected to hold the largest market share due to its extensive production and consumption of EPDM products.

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Market Size of Ethylene Propylene Diene Monomer (EPDM) Industry for Medical Application

ethylene propylene diene monomer (epdm) market for medical application - market summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 4.00 %
Fastest Growing Market North America
Largest Market North America
Market Concentration High

Major Players

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*Disclaimer: Major Players sorted in no particular order

Medical Application EPDM Market Analysis

The ethylene propylene diene monomer (EPDM) market for medical applications is expected to develop at a CAGR of 4% during the forecast period. The major factor driving the growth of the market studied is the increasing demand due to the COVID-19 outbreak. On the flip-side, the availability of substitutes and regulatory approval requirements is expected to hinder the growth of the market studied.

  • EPDM is suited to aqueous pharmaceutical products, for instance, it is used in sterilizable bioreactors for fermentation and in autoclaves for high-pressure steam sterilization of culture media. Moreover, EPDM is one of the major materials used in the production of masks and gloves, the demand for EPDM has also been increasing at a robust rate.
  • North Americais expected to be the largest market due to the large-scale production and consumption of the EPDM products.

Medical Application EPDM Industry Segmentation

The Ethylene Propylene Diene Monomer (EPDM) Market for Medical Application report includes:

Manufacturing Process
Solution Polymerization Process
Slurry/Suspension Process
Gas-phase Polymerization Process
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Ethylene Propylene Diene Monomer (EPDM) Market for Medical Application Size Summary

The ethylene propylene diene monomer (EPDM) market for medical applications is poised for growth, driven primarily by the heightened demand stemming from the COVID-19 pandemic. EPDM's suitability for aqueous pharmaceutical products, such as its use in sterilizable bioreactors and autoclaves, underscores its importance in the medical field. Additionally, its role in the production of masks and gloves has further fueled demand. However, the market faces challenges from the availability of substitutes and stringent regulatory approval requirements. North America is anticipated to be the largest market, attributed to its extensive production and consumption of EPDM products. The solution polymerization process, utilizing catalyst systems like Ziegler-Natta and metallocene, plays a crucial role in manufacturing EPDM, enhancing productivity and polymer structure control.

The demand for EPDM in medical applications is particularly rising in the Asian region, a major global industrial hub, which is expected to bolster the usage of the solution polymerization process. The Indian pharmaceutical sector's significant contribution to global generic drug supply and vaccine production highlights the region's industrial importance. In the United States, the advanced healthcare sector, driven by an increasing geriatric population and the need for chronic disease treatment, supports the consumption of silicone gels and elastomers in medical devices. The country's robust medical device market further propels EPDM demand. Meanwhile, Mexico's rapidly growing medical device manufacturing industry contributes to the North American market's expansion. The EPDM market is consolidated, with key players including Trelleborg Group, Freudenberg Sealing Technologies, Parker Hannifin Corp., James Walker, and Arlanxeo.

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Ethylene Propylene Diene Monomer (EPDM) Market for Medical Application Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increased Demand due to COVID-19 Outbreak

      2. 1.1.2 Growth in the Pharmaceutical Industry Driving EPDM Consumption

    2. 1.2 Restraints

      1. 1.2.1 Availability of Substitutes and Regulatory Approval Requirements

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Manufacturing Process

      1. 2.1.1 Solution Polymerization Process

      2. 2.1.2 Slurry/Suspension Process

      3. 2.1.3 Gas-phase Polymerization Process

    2. 2.2 Geography

      1. 2.2.1 Asia-Pacific

        1. 2.2.1.1 China

        2. 2.2.1.2 India

        3. 2.2.1.3 Japan

        4. 2.2.1.4 South Korea

        5. 2.2.1.5 Rest of Asia-Pacific

      2. 2.2.2 North America

        1. 2.2.2.1 United States

        2. 2.2.2.2 Canada

        3. 2.2.2.3 Mexico

      3. 2.2.3 Europe

        1. 2.2.3.1 Germany

        2. 2.2.3.2 United Kingdom

        3. 2.2.3.3 France

        4. 2.2.3.4 Italy

        5. 2.2.3.5 Rest of Europe

      4. 2.2.4 South America

        1. 2.2.4.1 Brazil

        2. 2.2.4.2 Argentina

        3. 2.2.4.3 Rest of South America

      5. 2.2.5 Middle-East and Africa

        1. 2.2.5.1 Saudi Arabia

        2. 2.2.5.2 South Africa

        3. 2.2.5.3 Rest of Middle-East and Africa

Ethylene Propylene Diene Monomer (EPDM) Market for Medical Application Market Size FAQs

The Medical Application Ethylene Propylene Diene Monomer (EPDM) Market is projected to register a CAGR of 4% during the forecast period (2024-2029)

Trelleborg Group, Freudenberg Sealing Technologies, Parker Hannifin Corp., James Walker and Arlanxeo are the major companies operating in the Medical Application Ethylene Propylene Diene Monomer (EPDM) Market.

Ethylene Propylene Diene Monomer (EPDM) Market for Medical Application Report Snapshots

Ethylene Propylene Diene Monomer (EPDM) Market for Medical Application - Growth, Trends, COVID-19 Impact, and Forecasts (2024 - 2029)