Ethylidene Norbornene Market to Witness Growth at a Rate of 4% By 2030

May 29, 2023 ⚊ 1 Min read ⚊ Views 36 ⚊ BUSINESS

Ethylidene norbornene (ENB) is manufactured from vinyl norbornene and is generally used in the production of ethylene propylene diene monomer (EPDM) rubber. The demand for ethylidene norbornene has been increasing significantly since the past few years. The growth in the demand can be primarily attributed to the increasing demand for ethylene propylene diene monomer in the automotive and construction industries. The market for ethylidene norbornene stood at about 70 kilotons in 2020 and is expected to expand with a CAGR of over 4% during the forecast period.

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