EPDM Rubber Prices

EPDM Rubber Prices June 2024

The EPDM rubber prices in the United States for Q2 2024 reached 2060 USD/MT in June. The country faced a significant price decline, with seasonality influencing demand, particularly in sectors like automotive and construction. Conversely, increased inventory levels and conservative supplier actions balanced demand surges. This reduction reflects a challenging pricing environment despite positive activity in downstream sectors.   

The price trend for EPDM rubber in Japan for Q2 2024 reached 2375 USD/MT in June. The market showed most fluctuations, reflecting significant price fluctuations as industrial activity surged, especially in the automotive industry. The country experienced an increase in quarter-over-quarter price, demonstrating a balance between high demand and constrained supply.  

In Germany, the EPDM rubber prices for Q2 2024 reached 2835 USD/MT in June. The country witnessed an increased price of the product, regardless of mixed demand from various industries. This rise can be attributed to the market cautiously navigating cost dynamics, balancing between demand and supply with proactive measures to uphold stability. 

EPDM Rubber Prices December 2023

The EPDM rubber prices in the United States for Q4 2023 reached 2149 USD/MT in December and experienced a substantial drop. This was due to a global surplus and decreased demand from the construction and automotive sectors. Furthermore, inventory reductions by producers and low international demand further contributed to the price decline.

The price trend for EPDM rubber in Japan for Q4 2023, reached 2331 USD/MT in December and observed a decline. The drop was influenced by falling crude oil prices, which lowered naphtha and ethylene costs. Despite steady demand, reduced industrial activity and fluctuating feedstock prices led to a bearish market trend.

The price trend for EPDM rubber in the Netherlands for Q4 2023, reached 2981 USD/MT in December and experienced a decline. Despite steady overall demand, the market faced challenges due to reduced automotive sector performance and a general decline in crude oil prices. The impact of subsidy cuts in Germany also affected regional trends. As the year ended, destocking efforts intensified, leading to price reductions, and squeezed profit margins for traders and manufacturers.

Regional Coverage

The report provides a detailed analysis of the EPDM rubber market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the EPDM rubber price trend.

Global EPDM Rubber Price

The report offers a holistic view of the global EPDM rubber pricing trends in the form of EPDM rubber price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights the current price but also provides insights into EPDM rubber historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into EPDM rubber price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed EPDM rubber demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe EPDM Rubber Price

Q2 2024:

In Europe, the EPDM rubber market in Q2 2024 reflected an upward price trend despite mixed sectoral demand. Automotive demand remained steady, and construction lagged, affecting overall market activity. Improved supply chain efficiencies were observed that helped maintain a smoother flow of materials and supported pricing stability. High costs in labor, raw materials, and logistics added pressure on suppliers who responded with strategic inventory management by accumulating stocks for consistent demand and possible supply bottlenecks. Moreover, prices saw a quarter-over-quarter increase in Germany.       

Q4 2023:

In the Q4 of 2023, the European EPDM rubber market faced a bearish trend, characterized by reasonable demand and supply dynamics. Although there was continued interest in EPDM rubber across the region, the automotive sector exhibited weaker performance. A significant factor in the price decline was decreased demand from key importing countries, along with the drop in the prices of crude oil. The sluggish automobile sales, especially in markets such as Germany, where subsidies for electric vehicles were reduced, further contributed to the downward pressure on prices. Additionally, a slowdown in the construction industry added to the challenges. As the quarter progressed, destocking efforts by traders and manufacturers became prominent, with a focus on clearing excess inventory despite narrowing profit margins. This combination of factors led to a noticeable decrease in EPDM rubber prices across Europe.

This analysis can be extended to include detailed EPDM rubber price information for a comprehensive list of countries.

North America EPDM Rubber Price

Q2 2024:  

In North America, prices trended downward in Q2 2024, contrasting with rising manufacturing costs and fluctuating demand. Strong performance in both the construction and automotive sectors supported demand, but constant destocking activities by market players countered any potential price hikes, maintaining a bearish market outlook. In addition, inflating feedstock costs, especially for ethylene and propylene, added more complexity, prompting suppliers to carefully manage inventory levels on account of shifting supply dynamics. Besides this, the United States indicated a significant decline in prices, with seasonality influencing demand.   

Q4 2023:

In the fourth quarter of 2023, EPDM rubber prices in North America experienced a notable decrease. This decrease was primarily driven by a worldwide high inventories and a decline in key industries such as construction and automotive, particularly in Europe. The reduced demand from these sectors substantially influenced pricing dynamics across the region. Furthermore, inventory destocking by manufacturers and traders contributed to the downward trend. The international demand in end use sectors ranged from moderate to low, particularly from the automotive sector, leading to increased pressure on prices. This combination of global supply issues and regional demand fluctuations resulted in a significant reduction in prices throughout the quarter.

Specific EPDM rubber historical data within the United States and Canada can also be provided.

Middle East and Africa EPDM Rubber Price

The report explores the EPDM rubber pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on EPDM rubber prices for countries can also be provided.

Asia Pacific EPDM Rubber Price

Q2 2024:

Asia Pacific’s EPDM rubber market saw steady price increases in Q2 2024, which can be attributed to strong application in the automotive and construction sectors alongside supply chain challenges. Rising freight costs, logistical hurdles due to geopolitical issues, and container shortages added upward pressure on prices. In line with this, propylene costs increase, even as ethylene prices declined, sustaining high feedstock expenses and pushing EPDM rates higher. Besides this, Japan showed the most volatility, showing significant price fluctuations as industrial activity surged, particularly in automotive.     

Q4 2023:

In the fourth quarter of 2023, the EPDM rubber market across the Asia Pacific region experienced a downward trend, driven by a combination of factors. Despite steady demand, the market saw a price drop due to a decline in the prices of crude oil globally, affecting naphtha and ethylene prices. Major exporters, including South Korea and Japan, faced reduced industrial output, contributing to the overall downturn in EPDM rubber prices. The market was characterized by a moderate to high supply and demand balance, but the impact of lower feedstock costs, particularly ethylene, played a significant role in the price drop.

This EPDM rubber price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America EPDM Rubber Price

The analysis of EPDM rubber prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

EPDM Rubber Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “EPDM Rubber Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of EPDM rubber pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of EPDM rubber at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of EPDM rubber price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing EPDM rubber price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

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.

• The widespread adoption of EPDM rubber in various industries such as automotive, construction, electrical, HVAC (Heating, Ventilation, and Air Conditioning), and marine industries represents one of the key factors influencing the growth of the EPDM rubber market across the globe.
• The extensive use of EPDM rubber in trunk seals, door seals, window seals, and other automotive sealing applications is driving the growth of the market. This is primarily attributed to its excellent compression sets resistance and withering properties which is boosting the demand for EPDM rubber. For instance, in 2024 India-based hose manufacturer Polyhose Inc. plans to double the size of its current facility inside Pender Commerce Park which is expected to fuel the demand for EPDM rubber.
• The increasing investment in the automotive industry is propelling the market growth. According to The Economic Times, the Indian auto industry is set to invest up to $7 billion, or about Rs 58,000 crore, by FY28 to deepen the localization of advanced components from electric motors to automatic transmissions to reduce imports and capitalize on multinationals’ ‘China Plus One’ sourcing strategy.
• The rising construction activities, coupled with the increasing demand for EPDM rubber in the construction industry for its weather resistance, ease of installation, and durability are contributing to the growth of the market. in 2023, VINCI Airports announced to launch of a 14-hectare solar power plant at Lyon-Saint Exupéry airport, which is likely to cover 5,800 parking spaces at the airport. One of the largest shaded power plants in France, with a capacity of 20 MWp, it will produce 24 GWh of green electricity annually, equivalent to the consumption of 9.000 inhabitants.
• The rising demand for EPDM rubber as an insulation material for cables and wires in electrical applications is facilitating the growth of the market which is due to its thermal stability, excellent electrical properties, and resistance to chemicals and moisture.
• Strict rules and regulations regarding vehicle emissions, energy efficiency, and building codes mandate the use of high-performance materials like EPDM rubber which is creating a positive outlook for the market. For instance, The Energy Policy Act (EPA) addresses energy production in the United States, including energy efficiency; renewable energy; oil and gas; coal; Tribal energy; nuclear matters and security; vehicles and motor fuels, including ethanol; hydrogen; electricity; energy tax incentives; hydropower and geothermal energy; and climate change technology.

EPDM Rubber News

The report covers the latest developments, updates, and trends impacting the global EPDM rubber market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in EPDM rubber production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the EPDM rubber price trend.

Latest developments in the EPDM rubber industry:

• In 2023, DOW, Inc. announced that its board of directors declared the final investment decision on the Company’s Fort Saskatchewan Path2Zero investment to build the world's first net 0 scope1and 2 emissions-integrated ethylene cracker and derivatives facility in Alberta, Canada.
• In 2022, Firestone Building Products Company, LLC announced that it is adopting the Holcim name and brand identification, establishing the Holcim Building Envelope segment inside its Solutions & Products Business Unit. Elevate™ is the new name for Firestone, the market leader in roofing, wall, and lining systems. It represents Holcim's zeal to provide high-quality, innovative building solutions.

Product Description

Ethylene propylene diene monomer, or EPDM, refers to a kind of synthetic rubber that is generally employed across various industries. It is made from propylene, ethylene, and diene monomers and is a very durable and versatile type of rubber with many applications.

While some synthetic rubbers, like EPDM, are made to be able to tolerate more harsh circumstances and can last considerably longer, natural rubber may deteriorate with exposure to sunlight and ozone and become brittle over time.

EPDM has several uses because of its flexibility, durability, capacity to resist a huge range of temperatures as low as -60°F(-51°C), and as high as 350°F(177°C), and several other properties. This incorporates water gaskets, flexible connectors, O-rings, grommets, and a diversity of automotive parts, as well as lots of other outdoor applications. It is also the only rubber that is utilized for creating full roofing systems.

This durability of EPDM makes it a very common choice for many different outdoor applications. Unlike many other types of rubber, it does not bloom, meaning its color never fades when exposed to the elements. If its care is taken properly, it can last for decades.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of EPDM rubber pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting EPDM rubber price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The EPDM rubber price charts ensure our clients remain at the forefront of the industry.