Title: Industrial Rubber Market Size, Share, Trend, Forecast, & Industry Analysis – 2020-2025
1Presents a Research Report on
Industrial Rubber Market
Industrial Rubber Market Size, Share, Trend,
Forecast, Industry Analysis 2020-2025 The
Industrial Rubber Market is Segmented by Type
(Natural Rubber, Synthetic Rubber), by Product
Type (Mechanical Rubber Good, Rubber Hose, Rubber
Belt, Rubber Roofing, and Others), by Application
Type (Automotive, Building Construction,
Industrial Manufacturing, Polymer Modification,
Wire Cable, Electrical Electronics, Bitumen
Modification, Coating, Sealant Adhesive,
Medical Healthcare, and Others), and by Region
(North America, Europe, Asia-Pacific, and Rest of
the World)
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2Industrial Rubber Market Growth and Forecast
Highlights Drivers
- Industrial rubber market is likely to witness a
moderate CAGR of 5.0 during the forecast period.
- The prime factor that is contributing to the
demand for industrial rubbers is mainly the
increasing usage of versatile materials in
various applications, such as automotive,
building construction, medical healthcare,
coating, sealant adhesives, and wire cables. - Industrial rubbers are majorly of two types i.e.
synthetic rubber and natural rubber. - Synthetic rubber is an elastomer, developed by
the process of polymerization of unsaturated
hydrocarbons from petroleum byproducts. It is
more flame resistant as compared to natural
rubber. - Industrial rubbers are most versatile and widely
used products, in various applications, such as
automotive, adhesives, buildings construction,
wire cable, and medical healthcare. - This report studies the market covering a period
of 12 years of trend and forecast. - The report provides detailed insights into the
market dynamics to enable informed business
decision making and growth strategy formulation
based on the opportunities present in the market.
3Market Insights
- By Type
- The market is segmented as natural rubber and
synthetic rubber. - The synthetic rubber segment held the larger
share of the market during the forecast period. - The synthetic rubber is an abrasion-resistant
replacement for natural rubber, widely used in
the automotive application, which is driving the
growth of this segment. - Further, it is produced in the latex form to be
used as a rubbery adhesive in manufacturing
carpet. - The various other applications where synthetic
rubber is used are roll coverings, drive
couplings, conveyor belts, and adhesives. - By Application Type
- The market is segmented as automotive, building
construction, industrial manufacturing, polymer
modification, wire cable, electrical
electronics, bitumen modification, coating,
sealant adhesive, medical healthcare, and
others. - The automotive application dominates the market,
as industrial rubbers are majorly used in this
due to their better performance and easier
processing ability. - Further, industrial rubbers are used as a
replacement for metal, glass, and wood parts used
in the automotive application. - They also possess various properties such as
stiffness and abrasion resistance, which are
propelling the growth of the segment during the
forecast period.
4Market Insights
- By Region
- Asia-Pacific is estimated to be the
fastest-growing industrial rubber market during
the forecast period, with lucrative growth
opportunities. - The growth of the market is driven by the
increasing demand for vehicles, automotive
components, and substantial infrastructural
development, growing building construction
sector, which is generating huge demand for
industrial rubbers, and the presence of a large
number of industrial rubber manufacturers in the
Asia-Pacific region. - North America and Europe are also expected to
offer significant growth opportunities during the
forecast period.
5Competitive Insights
Industrial Rubber Market, regional expansion, and
execution of mergers acquisitions are the key
strategies adopted by the major players to gain a
competitive edge in the market. Key Companies
Analysed
- Lanxess AG
- Sinopec
- Kumho Petrochemical Co., Ltd
- TSRC Corporation
- The Goodyear Tire and Rubber Company
6Research Methodology
Data Analysis Top Down and Bottom Up Approach)
Data Triangulation Data Evaluation and Multiple
Data Triangulation)
Final Deliverables Final Report with All Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research
- Annual Reports / Fact Book
- Company Websites
- Magazines / Publications
- Press Releases Journals
- Industry News
- Association Articles
- Government Documents
- Social Media
- Others
- Robust database across value chain
- In-house industry veterans as advisors
- Project based subject matter experts
- Industry Players
- Industry Experts
- Suppliers
- Customers
- Associations
- Government Institutions
- Others
7Report Features
- This report provides market intelligence in the
most comprehensive way. The report structure has
been kept such that it offers maximum business
value. It provides critical insights on the
market dynamics and will enable strategic
decision making for the existing market players
as well as those willing to enter the market. The
following are the key features of the report - Market structure Overview, industry life cycle
analysis, supply chain analysis. - Market environment analysis Growth drivers and
constraints, Porters five forces analysis, SWOT
analysis. - Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics Market share,
product portfolio, product launches, etc. - Attractive market segments and associated growth
opportunities. - Emerging trends.
- Strategic growth opportunities for the existing
and new players. - Key success factors.
8Market Segmentation
- The industrial rubber market is segmented into
the following categories. - Industrial Rubber Market Size, Share, Forecast,
by Type - Natural Rubber (Regional Analysis North America,
Europe, Asia-Pacific, and RoW) - Synthetic Rubber (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Industrial Rubber Market Size, Share, Forecast,
by Application Type - Automotive (Regional Analysis North America,
Europe, Asia-Pacific, and RoW) - Building Construction (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Industrial Manufacturing (Regional Analysis
North America, Europe, Asia-Pacific, and RoW) - Polymer Modification (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Wire Cable (Regional Analysis North America,
Europe, Asia-Pacific, and RoW) - Electrical Electronics (Regional Analysis
North America, Europe, Asia-Pacific, and RoW) - Bitumen Modification (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Coating, Sealant Adhesive (Regional Analysis
North America, Europe, Asia-Pacific, and RoW) - Medical Healthcare (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Others (Regional Analysis North America, Europe,
Asia-Pacific, and RoW)
9Market Segmentation
- Industrial Rubber Market Size, Share, Forecast,
by Product Type - Mechanical Rubber Good (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Rubber Hose (Regional Analysis North America,
Europe, Asia-Pacific, and RoW) - Rubber Belt (Regional Analysis North America,
Europe, Asia-Pacific, and RoW) - Rubber Roofing (Regional Analysis North America,
Europe, Asia-Pacific, and RoW) - Others (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - Industrial Rubber Market Size, Share, Forecast,
by Region - North America (Country Analysis the USA, Canada,
and Mexico) - Europe (Country Analysis Germany, France, the
UK, Russia, Spain, and Rest of Europe) - Asia-Pacific (Country Analysis China, Japan,
India, South Korea, and Rest of Asia-Pacific) - Rest of the World (Sub-Region Analysis Latin
America, the Middle East, and Others)
10About Stratview Research
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