Press Resease

Industrial Rubber Product Market by Rubber Type (Natural Rubber and Synthetic Rubber) and by Application (Construction, Aerospace, Automotive and Transportation, Medical, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 - 2024

Published Date: 13-Aug-2018 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-318 Status : Published

Global industrial rubber product market expected to generate revenue of around USD 36.41 billion by the end of 2024, growing at a CAGR of around 4.5% between 2018 and 2024. A rubber product deals with the transformation of elastomers into the useful products such as rubber mats, automobile tires, and others.

Description

The report covers forecast and analysis for the industrial rubber product market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the industrial rubber product market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the industrial rubber product market on a global level.

In order to give the users of this report a comprehensive view of the industrial rubber product market, we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein the rubber type and the application segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Industrial Rubber Product Market

The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launch, agreements, partnerships, collaborations & joint ventures, research & development, technology and regional expansion of major participants involved in the market on the global and regional basis. Moreover, the study covers price trend analysis, technology portfolio of various companies according to the region.

The study provides a decisive view of the industrial rubber product market by segmenting the market based on rubber type, application, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. The regional segmentation includes the historic and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. This segmentation includes demand for Industrial rubber product market based on all segments in all the regions and countries.

Major players operating in the industrial rubber product market include Cooper Automotive Standard Inc., Bridgestone Corporation, Carlisle Companies Inc., Continental AG, The Goodyear Tire & Rubber Company, Freudenberg Group, HEXPOL AB, NOK Corporation, Gates Corporation, Parker-Hannifin Corp., Sumitomo Riko Company Limited, and Yokohama Rubber Co., Ltd., and Myers Industries, Inc.

This report segments the global industrial rubber product market as follows:

Industrial Rubber Product Market: Rubber Type Segment Analysis

  • Naturally Rubber
  • Synthetic Rubber

Industrial Rubber Product Market: Application Segment Analysis

  • Construction
  • Aerospace
  • Automotive and Transportation
  • Medical
  • Others

Industrial Rubber Product Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Industrial rubber product market, 2017 - 2024 (USD Million)
    • 2.2. Industrial rubber product market: snapshot
  •  
  • Chapter 3. Industrial rubber product market- Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Rapidly growing of automotive industry coupled with technological advancement in the industries
      • 3.2.2. Rising demand for the high performance tires, tire adhesive, and sealing products
      • 3.2.3. Increasing operational utilization
    • 3.3. Market Restraints
      • 3.3.1. Stringent regulations issued by the government due to ecological concerns
    • 3.4. Opportunities
      • 3.4.1. Growing Demand for Eco-Friendly Rubber
    • 3.5. Porter's five forces analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis, by rubber type segment
      • 3.6.2. Market attractiveness analysis, by application segment
      • 3.6.3. Market attractiveness analysis, by regional segment
  •  
  • Chapter 4. Global Industrial rubber product market- Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Industrial rubber product market: company market share, 2017
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New product launch
      • 4.2.3. Agreements, partnerships, collaborations and joint ventures
      • 4.2.4. Research and development and regional expansion
  •  
  • Chapter 5. Industrial rubber product market-Rubber Type Segment Analysis
    • 5.1. Industrial rubber product market: rubber type overview
      • 5.1.1. Industrial rubber product market revenue share, by rubber type , 2017 and 2024
    • 5.2. Natural Rubber
      • 5.2.1. Industrial rubber product market for natural rubber market, 2017 - 2024 (USD Million)
    • 5.3. Synthetic Rubber
      • 5.3.1. Industrial rubber product market for synthetic rubber market, 2017 - 2024 (USD Million)
  •  
  • Chapter 6. Industrial rubber product market- Application Segment Analysis
    • 6.1. Industrial rubber product market: Application overview
      • 6.1.1. Industrial rubber product market revenue share, by application, 2017 and 2024
    • 6.2. Construction
      • 6.2.1. Industrial rubber product market for construction market, 2017 - 2024 (USD Million)
    • 6.3. Aerospace
      • 6.3.1. Industrial rubber product market for aerospace market, 2017 - 2024 (USD Million)
    • 6.4. Automotive and Transportation
      • 6.4.1. Industrial rubber product market for automotive and transportation market, 2017 - 2024 (USD Million)
    • 6.5. Medical
      • 6.5.1. Industrial rubber product market for medical market, 2017 - 2024 (USD Million)
    • 6.6. Others
      • 6.6.1. Industrial rubber product market for others market, 2017 - 2024 (USD Million)
  •  
  • Chapter 7. Industrial rubber product market- Regional Segment Analysis
    • 7.1. Industrial rubber product market: regional overview
      • 7.1.1. Industrial rubber product market revenue share, by region, 2017 and 2024
    • 7.2. North America
      • 7.2.1. North America Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
      • 7.2.2. North America Industrial rubber product market revenue, by application, 2017 - 2024 (USD Million)
      • 7.2.3. U.S.
        • 7.2.3.1. U.S. Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
        • 7.2.3.2. U.S. Industrial rubber product market revenue, by application, 2017 - 2024 (USD Million)
      • 7.2.4. Canada
        • 7.2.4.1. Canada Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
        • 7.2.4.2. Canada Industrial rubber product market revenue, by application, 2017 - 2024 (USD Million)
      • 7.2.5. Mexico
        • 7.2.5.1. Mexico Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
        • 7.2.5.2. Mexico Industrial rubber product market revenue, by application, 2017 - 2024 (USD Million)
    • 7.3. Europe
      • 7.3.1. Europe Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
      • 7.3.2. Europe Industrial rubber product market revenue, by application, 2017 - 2024 (USD Million)
      • 7.3.3. UK
        • 7.3.3.1. UK Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
        • 7.3.3.2. UK Industrial rubber product market revenue, by application, 2017 - 2024 (USD Million)
      • 7.3.4. Germany
        • 7.3.4.1. Germany Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
        • 7.3.4.2. Germany Industrial rubber product market revenue, by application, 2017 - 2024 (USD Million)
      • 7.3.5. France
        • 7.3.5.1. France Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
        • 7.3.5.2. France Industrial rubber product market revenue, by application, 2017 - 2024 (USD Million)
      • 7.3.6. Spain
        • 7.3.6.1. Spain Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
        • 7.3.6.2. Spain Industrial rubber product market revenue, by application, 2017 - 2024 (USD Million)
      • 7.3.7. Italy
        • 7.3.7.1. Italy Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
        • 7.3.7.2. Italy Industrial rubber product market revenue, by application, 2017 - 2024 (USD Million)
      • 7.3.8. Rest of Europe
        • 7.3.8.1. Rest of Europe Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
        • 7.3.8.2. Rest of Europe Industrial rubber product market revenue, by application, 2017 - 2024 (USD Million)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
      • 7.4.2. Asia Pacific Industrial rubber product market revenue, by application, 2017 - 2024 (USD Million)
      • 7.4.3. China
        • 7.4.3.1. China Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
        • 7.4.3.2. China Industrial rubber product market revenue, by application, 2017 - 2024 (USD Million)
      • 7.4.4. Japan
        • 7.4.4.1. Japan Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
        • 7.4.4.2. Japan Industrial rubber product market revenue, by application 2017 - 2024 (USD Million)
      • 7.4.5. India
        • 7.4.5.1. India Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
        • 7.4.5.2. India Industrial rubber product market revenue, by application, 2017 - 2024 (USD Million)
      • 7.4.6. Southeast Asia
        • 7.4.6.1. Southeast Asia Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
        • 7.4.6.2. Southeast Asia Industrial rubber product market revenue, by application, 2017 - 2024 (USD Million)
      • 7.4.7. Australia
        • 7.4.7.1. Australia Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
        • 7.4.7.2. Australia Industrial rubber product market revenue, by application, 2017 - 2024 (USD Million)
      • 7.4.8. South Korea
        • 7.4.8.1. South Korea Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
        • 7.4.8.2. South Korea Industrial rubber product market revenue, by application, 2017 - 2024 (USD Million)
      • 7.4.9. Rest of Asia Pacific
        • 7.4.9.1. Rest of Asia Pacific Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
        • 7.4.9.2. Rest of Asia Pacific Industrial rubber product market revenue, by application, 2017 - 2024 (USD Million)
    • 7.5. Latin America
      • 7.5.1. Latin America Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
      • 7.5.2. Latin America Industrial rubber product market revenue, by application, 2017 - 2024 (USD Million)
      • 7.5.3. Brazil
        • 7.5.3.1. Brazil Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
        • 7.5.3.2. Brazil Industrial rubber product market revenue, by application, 2017 - 2024 (USD Million)
      • 7.5.4. Argentina
        • 7.5.4.1. Argentina Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
        • 7.5.4.2. Argentina Industrial rubber product market revenue, by application, 2017 - 2024 (USD Million)
      • 7.5.5. Rest of Latin America
        • 7.5.5.1. Rest of Latin America Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
        • 7.5.5.2. Rest of Latin America Industrial rubber product market revenue, by application, 2017 - 2024 (USD Million)
    • 7.6. Middle East and Africa
      • 7.6.1. Middle East and Africa Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
      • 7.6.2. Middle East and Africa Industrial rubber product market revenue, by application, 2017 - 2024 (USD Million)
      • 7.6.3. GCC Countries
        • 7.6.3.1. GCC Countries Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
        • 7.6.3.2. GCC Countries Industrial rubber product market revenue, by application, 2017 - 2024 (USD Million)
      • 7.6.4. South Africa
        • 7.6.4.1. South Africa Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
        • 7.6.4.2. South Africa Industrial rubber product market revenue, by application, 2017 - 2024 (USD Million)
      • 7.6.5. Rest of Middle East & Africa
        • 7.6.5.1. Rest of Middle East & Africa Industrial rubber product market revenue, by rubber type , 2017 - 2024 (USD Million)
        • 7.6.5.2. Rest of Middle East & Africa Industrial rubber product market revenue, by application, 2017 - 2024 (USD Million)
  •  
  • Chapter 8. Company Profile
    • 8.1. Cooper Automotive Standard Inc.
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. Bridgestone Corporation
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. Carlisle Companies Inc.
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. Continental AG
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. Freudenberg Group
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 8.6. Gates Corporation
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. Parker-Hannifin Corp.
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments
    • 8.8. Yokohama Rubber Co., Ltd.
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product portfolio
      • 8.8.4. Business strategy
      • 8.8.5. Recent developments
    • 8.9. Myers Industries, Inc.
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product portfolio
      • 8.9.4. Business strategy
      • 8.9.5. Recent developments
    • 8.10. Sumitomo Riko Company Limited
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Product portfolio
      • 8.10.4. Business strategy
      • 8.10.5. Recent developments

Methodology

Free Analysis

A rubber product deals with the transformation of elastomers into the useful products such as rubber mats, automobile tires, and others. Rubbers used in the industrial products are naturally produced or sometimes it is the combination of complex chemical compounds. Rubber offers significant characteristics such as elongations, abrasion resistance, tear resistance, and tensile strength. Moreover, rubber is water resistant owing to which it is widely used for chemical tubing, rainwear, diving equipment, and others. Rubber products are used in various industrial applications and rubber product industry is considered to be the significant resource-based industry sector.
 
Rapidly increasing automotive industry coupled with technological advancement in the industries is majorly responsible for propelling the growth of industrial rubber product market. Moreover, rising demand for the high-performance tires, tire adhesive, and sealing products are anticipated to add on to the growth of the industrial rubber market across the globe. The use of industrial rubber is dominated by the product rubber tire. The compulsion of rubber safety shoes in the industries and accessories is also the major factor driving the industrial rubber product market. In addition to this, for power transmission in the motor, a special rubber is used and other rubber products such as a spinning belt, V-belt, timing belt, and others are used at a large scale. Therefore, operational utilization is also considered as a key factor which is positively influencing the growth of the market. However, stringent regulations issued by the government due to ecological concerns may restrain the growth of the market in upcoming years.

Global Industrial Rubber Product Market

On the basis of rubber type, the industrial rubber product market is segmented into natural rubber and synthetic rubber. Synthetic rubber is further categorized into nitrile butadiene rubber (NBR), polybutadiene (BR), styrene butadiene rubber (SBR), ethylene propylene (EPDM) and acrylonitrile butadiene styrene (ABS). Natural rubber is considered to have the highest demand in the market across the globe. On the basis of applications, the market is segmented into construction, aerospace, automotive and transportation, medical, and others. 

Regionally, Asia Pacific dominates the overall industrial rubber product market. The growth is accredited to the increase in automotive industries in this region. Moreover, Asia Pacific is the leading region in the production and consumption of the rubber products. In addition to this, increasing investments in the automotive industry of emerging countries such as China, India, Indonesia, Thailand, and others are projected to drive the market growth. Europe is the second largest region in the consumption of rubber products and the region held a substantial revenue share in 2017. This trend is anticipated to continue during the forecast period. 

Major players operating in the industrial rubber product market include Cooper Automotive Standard Inc., Bridgestone Corporation, Carlisle Companies Inc., Continental AG, The Goodyear Tire & Rubber Company, Freudenberg Group, HEXPOL AB, NOK Corporation, Gates Corporation, Parker-Hannifin Corp., Sumitomo Riko Company Limited, and Yokohama Rubber Co., Ltd., and Myers Industries, Inc.

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