Global Rubber Testing Equipment Market: Figuring the Growth Potential

Rubber demand is influenced positively by ongoing attempts to boost global economies, industrialization, and rising urbanization. The increasing building activity as a result of industrialization and urbanization, together with the steady increase in vehicle manufacturing, is all directly related to the growth of the rubber testing equipment market. Viscosity testing dominated the type of testing segment in 2020 since it is the first and primary test that reveals the category and quality of the rubber.

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Rubber Testing Equipment Market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.7% in the forecast period of 2021 to 2028 and expected to reach USD 268,943.25 thousand by 2028, rising from USD 172,607.90 thousand in 2020. The excellent quality reached by consumers not only helps manufacturers meet the defined criteria, but it also aids in increasing customer trust, leading to an increased client base. This has caused producers to focus more on the quality of the rubber, resulting in an increased demand for testing equipment, creating a big window of opportunity for the growth of the rubber testing equipment market.

Rising demand from rubber and tire industry is expected to drive the market's growth rate

Rubber has long been used in a variety of industries, including manufacturing, automotive, healthcare, and others, to supply products for a wide range of purposes. Rubber's expanding application in a variety of industries has resulted in the rubber sector's rapid rise. Furthermore, the ongoing growth in the vehicle sector, as well as the necessity for long-lasting and highly suited tires, need the production of products in accordance with established criteria. These items are examined for a variety of qualities, including density, hardness, impact, viscosity, and others. With the expansion of the tire and rubber industries over the years, the demand for testing equipment has expanded, which is driving the worldwide 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 2021, viscosity testing segment is expected to dominate the global rubber testing equipment market with 23.30% 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 2021, 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 29.60% 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 2021, silicone rubber segment is expected to dominate the global rubber testing equipment market with 34.50% market share because this type of rubber is used for manufacturing  automotive tires which uses various rubber material in the manufacturing of automotive tires 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 2021, more than 4Hz segment is expected to dominate the global rubber testing equipment market with 61.40% 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 tire and automotive parts, belts, conveyor belts, sports & fitness, industrial rubber products, rubber seals & o rings, rubber mats & carpets, shoe soles, and others.

In 2021, 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 32.80% market share  because the number of vehicles is increasing globally and a large number of high quality rubber is required for manufacturing  tires and other automotive components.

Major Players

Data Bridge Market Research recognizes the following companies as the major market players: 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), U-CAN Dynatex Inc. (Taiwan), Qualitest International Inc. (Canada), J.T.M Technology Co., Ltd. (Taiwan), Ueshima Seisakusho Co., Ltd. (Japan), Testing Machines, Inc. (U.S.),  TA Instruments. (U.S.), PRESCOTT INSTRUMENTS LTD (U.K.) and AML Instruments Limited (U.K.).

Market Development

• In 2020, GTTFERT Werkstoff-Prüfmaschinen GmbH announced the release of new software, miCONNECT, in April. This new programme will enable users to create device-independent test plans in order to analyse and regulate measurements in real time. This new product expanded the company's product portfolio. 

Regional Analysis

Geographically, the countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

As per Data Bridge Market Research analysis:

North America is the dominant region in the rubber testing equipment market during the forecast period 2021 to 2028

Given of the region's expanding vehicle sector, North America dominates the rubber testing equipment market. The United States is one of the world's largest automakers, producing over 8.1 million passenger vehicles per year. Furthermore, North America is gradually rebounding as a result of a significant reversal in the recovering manufacturing sector and motor vehicle output.

Asia-Pacific is estimated to be the fastest growing region in the rubber testing equipment market in the forecast period 2021 to 2028

Given of the growing customer bases in India, China, and Japan, Asia-Pacific is predicted to grow at the quickest rate. Furthermore, because China is the largest supplier and manufacturer of rubber testing equipment, more than 4Hz leads the market. Because of the significant manufacturing of mechanical testing goods with high consumption rates, more than 4Hz dominates in this region. 

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