Industrial Rubber Product Market: Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021

Report Code: ZMR-318 | Report Format : | Status : Upcoming |

Abstract

Rubber is compounded material that can be produced naturally or by combination of complex chemical compounds. Rubber is an essential material used in our day-to-day life, either directly or indirectly, since many decades. Abrasion resistance, elongation, tensile strength, and tear resistance are some important characteristics of rubber. In addition, rubber is resistive to water owing to which it is widely applicable for rain wear, diving equipment, chemical tubing, and others.

The industrial rubber product market is segmented based on type as natural rubber and synthetic rubber. Natural rubber is made up of latex which is an isoprene polymer; however, it is produced from rubber trees. Synthetic rubber is further classified as styrene butadiene rubber (SBR), polybutadiene (BR), ethylenepropylene (EPDM), nitrile butadiene rubber (NBR), and acrylonitrile butadiene styrene (ABS). Of which, styrene butadiene rubber (SBR) type has the largest demand in rubber market globally. Based on end-user, the global market is segmented as automobile, medical, adhesives, sealants, gloves, and others.

Rubber tire is the largest demanded product in industrial rubber market; however, constantly growing automotive industry and new automobile innovations are majorly responsible for the growth of industrial rubber product market. Owing to its elongation property and high resistance to tear, it is widely used for producing adhesive and sealants in various industries. And hence, this factor contributes to the industrial rubber market growth. Compulsion of industrial safety shoes and accessories due to implementation of ISO standards in industries is also key factor augmenting the growth of the rubber market. Mostly, every type of industry have their production machinery which are installed as per their convenience; thus, various rubbers products such gaskets, hoses, rings, seals and conveyor belts are utilized to make the operation of the machinery and the process smooth and vibration less. Moreover, in order to transmit power to the shaft from the motor, a special rubber belt is used and several other products such as timing belt, spinning belt, and V belt are also utilized in high quantity. Hence, this operational utilization is the key growth factor of industrial rubber product market. However, strict rules issued by the government due to ecological concerns may hamper the growth of the industrial rubber product market in the near future.

Asia Pacific is the largest market for industrial rubber products owing to increasing automotive industry. North America is expected to grow at a steady pace due to economy slowdown. However, the Middle East is anticipated to witness a rapid growth in the market in future.

Some of the key companies dominating the industrial rubber product market include Carlisle Companies Inc., Toyo Tire and Rubber Co., Cooper Standard Automotive Inc., Myers Industries Inc., Continental AG, and Delphi Corp. Other players influencing the global market are Yokohama Rubber Company Ltd., Freudenberg Group, Trelleborg AB, Hutchinson SA, NoK Corp., Parker-Hannifin Corp., Tokai Rubber Industries Ltd., Tomkins Plc., Eaton Corp., Bridgestone Corp. Ltd., Nichirin Co. Ltd., and Goodyear Tire.

Industrial Rubber Product Market: Regional Segment Analysis

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

Related Reports

Biopreservation Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-808 | Report Format:

Global Biopreservation Market: Overview The process that is used to preserve functionality and integrity of the organs, cells, and tissues, DNA, stem cells, and plasma so as to sustain outside the native environment for prolong storage times is known as biopreservation. It stores them in origina...Read More

Bioplastics & Biopolymers Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-807 | Report Format:

Global Bioplastics Biopolymers Market: Overview Packaging industries use bioplastics biopolymers on a large scale. Eco-friendly packagings are made from bio-based polymers. These bio-based polymers include starch-based polymers, PHA, and PLA. They are used in the various applications owing to ...Read More

Ceramic Coatings Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-802 | Report Format:

Global Ceramic Coatings Market: Overview Ceramic coatings are non-metallic in nature and made up of inorganic materials. They possess a very high degree of abrasion resistance and exceptional insulation property. These coatings are generally applied on the metal surface to protect from corrosion...Read More

Marine Composites Market (Carbon Fiber Reinforced Plastics, Foam Core Materials, and Glass Fiber Reinforced Plastics) for Cruise Liners, Powerboats, Sailboats and Other Applications: Global Market Perspective, Comprehensive Analysis and Forecast, 2016 – 2022

Jan-2017 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-800 | Report Format:

The report of marine composites market provides the comprehensive glance on the global and regional level. The study provides historic data of 2014 to 2016 along with a forecast for 2017 to 2022 based revenue and volume. The study includes drivers and restraints for the marine composites market al...Read More

Algaecides Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-797 | Report Format:

Global Algaecides Market: Overview Algaecides are the biocides, which are used to kill and prevent the growth of algae. Barley straw covered in mesh bags are allowed to float in water gardens or fish ponds to control the growth of the algae, without harming pond plants and animals. Algaecide is ...Read More

Choose License Type: