EPDM Rubber Prices in USA
- United States: 2149 USD/MT (Commercial Grade)
The price of EPDM rubber in the United States for Q4 2023 reached 2149 USD/MT in December.
The latest report by IMARC Group, titled “EPDM Rubber Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” provides a thorough examination of the EPDM Rubber Price Trend. This report delves into the price of EPDM Rubber globally, presenting a detailed analysis, along with an informative EPDM Rubber Price Chart. Through comprehensive EPDM Rubber Price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the EPDM Rubber Demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
EPDM Rubber Prices December 2023:
- United States: 2149 USD/MT (Commercial Grade)
- Japan: 2331 USD/MT (Medium Diene)(ENB 4.7 – 5.4)
- Netherlands: 2981 USD/MT (High Diene) (ENB7-11)
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The study delves into the factors affecting EPDM Rubber price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
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EPDM Rubber Price Trend- Q4 2023
The EPDM rubber market is experiencing robust growth globally, driven by diverse factors across North America, Asia Pacific, and Europe. In North America, the market is driven by increasing demand from the automotive and construction sectors, where EPDM rubber finds extensive usage due to its superior properties such as weather resistance and durability. The region’s focus on infrastructure development and stringent regulations regarding automotive safety standards further propel market growth. In Asia Pacific, particularly in countries such as China and India, rapid industrialization and urbanization are driving the demand for EPDM rubber in various applications including automotive components, electrical insulation, and roofing materials. Besides this, the Europe market is driven by stringent environmental regulations and emphasis on energy efficiency is fostering the adoption of EPDM rubber in the construction and automotive sectors. The market is further driven by innovations in product development and a growing emphasis on sustainable materials, positioning EPDM rubber as a preferred choice across diverse industries in the region.
EPDM Rubber Market Analysis
The global EPDM rubber market size reached US$ 3.3 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 5.7 Billion, at a projected CAGR of 6.30% during 2023-2032. EPDM rubber prices in North America faced a notable downturn during the last quarter of 2023. This decline was primarily influenced by a surplus of global EPDM rubber supply and a slowdown in both the automotive and construction sectors across the European market. The United States, in particular, experienced a significant impact, witnessing an 8.75% decrease in EPDM rubber prices compared to the previous quarter. Additionally, a 7% drop in prices was observed during the fourth quarter, attributed largely to manufacturers and traders destocking their inventories, thus contributing to market oversupply.
In the Asia-Pacific (APAC) region, EPDM rubber prices also saw a decline during Q4 of 2023, with Japan experiencing a 4.84% decrease. This downward trend was driven by moderate to high supply and demand conditions, alongside falling crude oil prices affecting global naphtha and ethylene costs. Despite the market challenges, Japan maintained a steady demand for EPDM rubber, albeit with decreased industrial activities. South Korea, another major exporter, faced similar price declines due to imbalances in demand and supply chains, further compounded by lower crude oil prices. The ending price for EPDM rubber in Japan was USD 2336/MT, reflecting the prevailing market conditions. Furthermore, the Europe EPDM rubber market also encountered a bearish outlook during the fourth quarter of 2023, characterized by moderate supply and demand dynamics. Although overall demand for EPDM rubber remained relatively high, certain European countries, such as Germany, witnessed reduced sales in the automotive sector due to subsidy cuts and a downturn in construction. In the Netherlands, sluggish demand persisted amidst unfavorable market conditions, prompting manufacturers and traders to focus on inventory clearance, even at the expense of squeezed margins. EPDM rubber prices in Rotterdam reflected a 13.14% decrease from the previous quarter, with the market closing at USD 2986/MT.
Key Points Covered in the EPDM Rubber Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
- EPDM Rubber Prices
- EPDM Rubber Price Trend
- EPDM Rubber Demand & Supply
- EPDM Rubber Market Analysis
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- EPDM Rubber Price Analysis
- EPDM Rubber Industry Drivers, Restraints, and Opportunities
- EPDM Rubber News and Recent developments
- Global Event Analysis
- List of Key Players
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, 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
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
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Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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