Growing Industrialization and Rapid Urbanization drive the Rubber Testing Equipment Market

Industries are constantly trying to find ways to upsurge the precision of safety and to work with increasing technology. The use of rubber testing equipment is fulfilling the necessity for these reasons because they are used to control and measure the quality of rubber. The global rubber testing equipment market is rapidly growing owing to the growing demand in vehicles and tire manufacturing, which are estimated to increase the market's growth in the near future.

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Data Bridge Market Research analyses that the rubber testing equipment market is expected to reach USD 1,482.70 million by 2027 from USD 1,163.38 million in 2019, growing with the CAGR of 5.3% in the forecast period of 2020 to 2027. The growing number of vehicles with the availability of off-the-road tires, light truck, heavy truck tires and passenger car tires, has driven the market globally. Development of several tire testing techniques, such as radical run-out testing and endurance testing, will likely boost the market growth rate.

Rising demand of rubber testing equipment in tire and rubber industry is expected to drive the market's growth rate

Rubber has been playing a vital role in numerous industries such as manufacturing, automotive, healthcare and others to deliver products for many applications. The increasing use of rubber in numerous sectors has ultimately led to the high growth of the rubber sector. Moreover, with the constant growth in the automobile sector and the need of long durable and highly suitable tires for require to manufacture products on the basis of set standards. These products are tested for numerous properties, some of which are density, hardness, impact, viscosity, and others. These tests define the quality of the rubber products and also find any default present in the products. With the growth in the tire and rubber industry over the years the demand for testing equipment has increased which is acting as a major growth factor for the growth of the global rubber testing equipment market.

Report Scope and Market Segmentation

Segment Analysis:

The rubber testing equipment market is segmented on the basis of type of testing, technology, rubber type, frequency range and application.

• On the basis of type of testing, the rubber testing equipment market is segmented into density testing, viscosity testing, hardness testing, aging oven testing, mechanical stability tester, impact tester, thickness tester and flex testing and others. In 2020, viscosity testing segment is expected to dominate the global rubber testing equipment market with 22.8% market share because viscosity testing is the initial step to test the category and quality  of the rubber, which can further be used for several applications. 
• On the basis of technology, the rubber testing equipment market is segmented into mooney viscometer, moving die rheometer, automated density tester, automated hardness tester, process analyzer and others. In 2020,

In 2020, the mooney viscometer segment of technology segment is anticipated to dominate the rubber testing equipment market

MOONEY viscometer is expected to dominate the global rubber testing equipment market with 29.1% market share due to its low price applications; however moving die rheometer is projected to grow at higher rate because of its low friction bearing and decreasing cost of the equipment. 

• On the basis of rubber type, the rubber testing equipment market is segmented into natural rubber, neoprene rubber, silicone rubber, nitrile rubber, EPDM rubber, styrene butadiene rubber, butyl rubber and others. In 2020, silicone rubber segment is expected to dominate the global rubber testing equipment market with 34.0% market share because this type of rubber is used for manufacturing  automotive tyres which uses various rubber material in the manufacturing of automotive tyres worldwide.
• On the basis of frequency range, the rubber testing equipment market is segmented into less than 1Hz, 1 to 4 Hz and more than 4Hz. In 2020, more than 4Hz segment is expected to dominate the global rubber testing equipment market with 60.9% market share because this range of frequency is more proficient for resisting growth of the crack in the rubber material.  
• On the basis of application, the rubber testing equipment market is segmented into   tyre and automotive parts, belts, conveyor belts, sports & fitness, industrial rubber products, rubber seals & o rings, rubber mats & carpets, shoe soles, and others.

In 2020, the industrial/professional segment is projected to hold the largest share of application segment in the rubber testing equipment market

The industrial/professional segment is expected to dominate the global rubber testing equipment market with a 32.3% market share  because the number of vehicles is increasing globally and a large number of high quality rubber is required for manufacturing  tyres and other automotive components.

Major Players

Data Bridge Market Research recognizes the following companies as the major rubber testing equipment market players in rubber testing equipment market Alpha Technologies (U.S.), International Equipments (India), Asian Test Equipments (India), Elastocon AB (Sweden), Gotech Testing Machines Inc. (China), GÖTTFERT Werkstoff-Prüfmaschinen GmbH (Germany), Dak System Inc (India). Gibitre Instruments (Italy), MonTech Rubber Testing Solutions (U.S.), Ektron Tek Co., Ltd. (U.S.), H.W. Wallace & Co Limited (U.K.), Haida International Equipment Co., Ltd. (China),

Market Development

• In October 2018, Alpha Technologies launched Encapsulated Sample Rheometer (ESR), a Premier instrument line and more sensitive in measurements of glass cure, gel point viscosity and, transition temperature. Moreover, it also characterizes with 8x faster data rate per cycle for advanced processing and data sampling. This product augmented the market share of the company.
• In September 2018, MonTech Rubber Testing Solutions launched Ring Cutter (RC 3000) which is used for cutting standard tensile testing rings for laboratory accessibility, confirming the repeatability of results and long durability of components. This device increased the portfolio of the company.
• In April 2020, GÖTTFERT Werkstoff-Prüfmaschinen GmbH announced the launch of new software, miCONNECT. This new software will allow consumers to make device-independent test plans to analyze and control the measurements live. This new product augmented the product portfolio of the company.  

Regional Analysis

Geographically, the countries covered in the rubber testing equipment market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.

As per Data Bridge Market Research analysis:

North America is the dominant region in rubber testing equipment market during the forecast period 2020 - 2027

North America dominates the rubber testing equipment market due to the growing vehicle sector in this region. The U.S. is one of the world largest automakers which is producing an approx. above 8.1 million passenger vehicles per year. Furthermore, North America is progressively recovering, due to a drastic turnaround in recovering manufacturing sector and motor vehicle production.

Asia-Pacific is estimated to be the fastest growing region in rubber testing equipment market the forecast period 2020- 2027

Asia-Pacific is expected to grow during the 2020-2027 due to the increasing consumer base in India, China and Japan. Furthermore, more than 4Hz leads in china market because china is the largest exporter and manufacturer of the rubber testing equipment. More than 4Hz dominates in this region due to high manufacturing of mechanical testing products with high consumption rate.

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