Global Industrial Rubber Market, By Type (Synthetic Rubber, Natural Rubber), Product (Mechanical Rubber Good, Rubber Hose, Rubber Belt, Rubber Roofing, Others), Application (Automotive, Building & Construction, Industrial Manufacturing, Polymer Modification, Wire & Cable, Electrical & Electronics, Bitumen Modification), Country (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, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Industrial rubber market will reach an estimated valuation of USD 42.35 billion by 2027, while registering this growth at a rate of 4.9% for the forecast period of 2020 to 2027. Data Bridge Market Research report on industrial rubber market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The increasing consumption of rubber in the tires manufacturing industry is one of the major factors fueling the growth of the industrial rubber market in the forecast period of 2020 to 2027. The increasing construction activities in emerging economies, rising demand from the automotive industry, rising usage in various applications such as hoses, sealing products, conveyor belts and gaskets, rising household income in emerging countries, changing preference for private cars, constant rise in tire production companies and lack of adequate public infrastructure also contributes to the growth of the market. In addition, shifting inclination of consumers towards eco-friendly industrial rubber will further create a lucrative opportunities for the growth of the industrial rubber market in the above mentioned forecast period.
Strict environmental regulations and health hazards coupled with industrial rubber along with volatility in raw material prices will hamper the growth of the industrial rubber market in the above mentioned forecast period.
This industrial rubber market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on industrial rubber market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Industrial Rubber Market Scope and Market Size
Industrial rubber market is segmented on the basis of type, product and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the industrial rubber market is segmented into synthetic rubber and natural rubber.
- Based on product, the industrial rubber market is segmented into mechanical rubber good, rubber hose, rubber belt, rubber roofing and others.
- Industrial rubber market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for industrial rubber market is segmented into automotive, building & construction, industrial manufacturing, polymer modification, wire & cable, electrical & electronics, and bitumen modification.
Industrial Rubber Market Country Level Analysis
Industrial rubber market is analyzed and market size, volume information is provided by country type, product and application as referenced above.
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, Israel, Egypt, South Africa, 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.
Asia-Pacific region is expected to hold the largest growth rate over the forecast period of 2020 to 2027 due to the high demand for industrial rubber from building & construction, automotive, industrial manufacturing along with other applications in countries such as India and China.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Industrial Rubber Market Share Analysis
Industrial rubber market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to industrial rubber market.
The major players covered in the industrial rubber market report are LANXESS, U.S. Rubber, TSRC, Nizhnekamskneftekhim, JSR Corporation, LG Chem, Versalis S.p.A., ZEON Corporation, Ansell Ltd, Asahi Kasei Advance Corporation, Sri Trang Agro-Industry Plc., Dow, Cooper Standard, NISHIKAWA RUBBER CO., LTD., Continental AG, THAI RUBBER LATEX CORPORATION, Trinseo, Bridgestone Corporation, Exxon Mobil Corporation, MICHELIN, Bridgestone Corporation, Freudenberg Group, The Goodyear Tire and Rubber Company, HEXPOL AB, Gates Corporation and NOK CORPORATION, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Industrial Rubber Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.