Industrial Rubber Market 2022-2027
New Study Reports “Industrial Rubber Market 2022 Global Analysis By Key Regions, Production, Consumption, Revenue, Applications, Growth and Forecasts 2027” has been Added on PersistenceMarketResearch.
Report Details:
This report provides in depth study of “Industrial Rubber Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Industrial Rubber Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
The report reveals how years and years of surplus demand has led the global industrial rubber market towards its present value, which is estimated to be US$ 93,067.7 Mn. Much like the last decade, the global demand for industrial rubber is less likely to halt, and will bring in around US$ 167,935 Mn revenues by the end of 2027. During these years, the global market for industrial rubber has also been anticipated to soar at an impressive CAGR of 6.1%.
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Higher capacity for suppression and reusability of rubbers make them an ideal raw material for almost every other industry in the world. The versatile applicability of industrial rubbers keeps raking in billions of dollars, and also manages to save loses worth millions. From aerospace to automotive, Persistence Market Research’s latest report on the global industrial rubber market highlights key end-uses of rubber products across multiple industries.
Key Players:
The report has profiled some of the important players prevalent in the global like – Lanxess AG, Dow Chemical Co., E.I. duPont de Nemours & Company, Asahi Kasei Corporation, JSR Corporation, Exxon Mobil Corporation, Sumitomo Chemical Co. Ltd., Denka Company Limited, Ube Industries Ltd., Zeon Corporation, Bridgestone Corporation, Bando Chemical Industries, Ltd., Goodyear Tire & Rubber Corporation, Eaton Corporation, Trelleborg AB, Continental AG, Parker-Hannifin Corporation, Nichirin Co. Ltd., Yokohama Rubber Company Ltd., and Carlisle Companies Inc and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Industrial Rubber Market.
Cushioning rough surfaces and controlling incidence of abrasion-based damages makes adoption of rubber solutions quite practical for industries. By the end of 2026, nearly 55 million metric tons of industrial rubber will be consumed across the globe. In the report, titled “Industrial Rubber Market: Global Industry Analysis and Forecast, 2016-2026,” Persistence Market Research has attributed the market’s growth to factors such as rising global construction output, soaring sales of industrial rubber through digital marketing, technological advancements improving large-scale production of industrial rubber, and effective application of industrial rubber in automotive as well as emerging industrial verticals.
Although, global consumption of industrial rubber will remain at the mercy of fluctuating raw rubber prices and stringent environmental regulations regarding production, use & disposal of rubber products. The report also highlights the downtrend in global demand for natural rubber products.
In 2017 and beyond, industrial use of natural rubber is projected to slow down, procuring just over 37% of global market value. With respect to synthetic industrial rubbers, the global consumption of styrene butadiene rubber will be growing at 7% CAGR during the forecast period. Besides, the market is also likely to exhibit higher growth in demand for polybutadiene rubber, ethylene-propylene rubber and silicone rubber.
Leading manufacturers of industrial rubber include: Lanxess AG, Dow Chemical Co., E.I. duPont de Nemours & Company, Asahi Kasei Corporation, JSR Corporation, Exxon Mobil Corporation, Sumitomo Chemical Co. Ltd., Denka Company Limited, Ube Industries Ltd., and Zeon Corporation
Prominent manufacturers of industrial rubber products include: Bridgestone Corporation, Bando Chemical Industries, Ltd., Goodyear Tire & Rubber Corporation, Eaton Corporation, Trelleborg AB, Continental AG, Parker-Hannifin Corporation, Nichirin Co. Ltd., Yokohama Rubber Company Ltd., and Carlisle Companies Inc.
The report reveals that a considerable portion of industrial rubber produced in the world will be processed through injection molding method. In 2016, more than US$ 37,189.5 Mn revenues were accounted by global sales of injection-molded industrial rubber. Higher adoption of injection molding will also lower the market presence of compression molding process. Meanwhile, industrial rubber obtained through extrusion process is likely to impose a consistent share on global market value – 34.2% – through 2026.
Automotive industry will indisputably be the largest end-user of industrial rubber in the world. Over 40% of global industrial rubber production is accounted by automotive & transportation businesses. Correspondingly, rampant production of automobiles makes the Asia-Pacific excluding Japan (APEJ) region the world’s largest industrial rubber market. With over one-third share of global revenues, industrial rubber sold across the APEJ region is expected to bring in US$ 55,939.3 Mn in revenues by 2026-end. Meanwhile, industrial rubber revenues in the Middle East & Africa region will record a rampant growth by exhibiting a healthy CAGR of 6.6%.
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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Industrial Rubber Market Manufacturers
Industrial Rubber Market Distributors/Traders/Wholesalers
Industrial Rubber Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Industrial Rubber Market – Report Highlights
- A detailed overview of parent market of Industrial Rubber Market
- Changing Industrial Rubber Market dynamics in the industry
- In-depth segmentation of the Industrial Rubber Market
- Historical, current, and projected Industrial Rubber Market size regarding volume and value
- Recent industry trends and developments in Industrial Rubber Market
- Competitive landscape of the Industrial Rubber Market
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Industrial Rubber Market performance
- Must-have information for Industrial Rubber Market players to sustain and enhance their market footprint
Key Questions Answered in the Industrial Rubber Market Report
How is the Industrial Rubber Market expected to grow over the projected period?
What direction is the Industrial Rubber Market expected to take in terms of volume and value during the forecast period?
What is the impact of macroeconomic factors on the Industrial Rubber Market in future?
What are the key market drivers in the Industrial Rubber Market?
What are significant opportunities and improvement areas for Industrial Rubber Market manufacturers?
What are the key developments and trends taking over the Industrial Rubber Market?
Which are the emerging countries that are expected to create significant growth opportunities in the Industrial Rubber Market?
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