Acumen Research and Consulting estimates that global Industrial Rubber market is expected to reach the market value of around US$ 46 Bn by 2027 and is anticipated to grow at a CAGR of around 6% in terms of revenue during the forecast period 2020 – 2027.
Industrial rubber is of two forms natural and synthetic. Natural rubber is made up of polymers from cotton, rubber trees and other plants containing organic compounds such as isoprene. On the other hand, the synthetic rubber is, an elastomer formed by the polymerisation of unsaturated hydrocarbons from by-products of petrochemical products.
The report provides analysis of global Industrial Rubber market for the period 2016-2027, wherein 2020 to 2027 is the forecast period and 2019 is considered as the base year.
Market Insights
The growing demand for automotive rubber is driving the global market for industrial rubber. Tire industry which is used in buses, tractors, automobiles, trucks, military vehicles and others absorbs a lot of automotive rubber. In addition, the increasing market for industrial rubber in the manufacturing and building sectors in Asia-Pacific is projected to increase. Besides, in tire applications especially in the vehicle industry, rubber penetration into non-tire rubber goods is projected to increase significantly over the forecast period. The key revenue produced by rubber goods are mechanical vehicle rubber part such as screws, joints, slabs, friction control devices and washer blades. In addition, there has been a succession of automotive aftermarket development in an emerging vehicle park, particularly in developing countries, which further drives demand for industrial goods.
Regional Stance
North America became the largest region in 2019 owing to strong demand for industrial rubber from resurgent building and automotive sectors. The rising demand for fuel-efficient car parts is expected to boost market growth in this area due to environmental issues and tough regulations.
Asia Pacific is anticipated to grow at a significant CAGR amid the forecast period in the global industrial rubber industry. The country is a significant producer and consumer of rubber. Motorcycle and bike pneumatics are emerging in Asia Pacific. Many stakeholders are also involved in the development of cars and truck pneus and the expansion of bicycle and motorcycle pneus in the region. There is also a strong automobile industry in the region and it is an emerging market for vehicle production and distribution. There is a healthy demand for cars used for commercial purposes in developing economies as in India, Sri Lanka and Bangladesh, and so the production and selling of heavy goods vehicles like lorries or buses in these countries are growing. Most companies are involved in developing lorry and bus pneumatic systems.
Report coverage
The market research study on “Industrial Rubber Market (Industrial Rubber Market By Type: Synthetic Rubber, Natural Rubber; Industrial Rubber Market By Application: Construction, Automotive, Electrical & Electronics, Manufacturing, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers a detailed insights on the global Industrial Rubber market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report covers global Industrial Rubber market size, and segment markets by type, application, and geography along with the information on companies operating in the market. The Industrial Rubber market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.
The global Industrial Rubber market is segmented as below:
Market Segmentation
Market By Type
- Natural Rubber
- Synthetic Rubber
Market By Application
- Construction
- Automotive
- Electrical & Electronics
- Manufacturing
- Others
Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of MEA
Key Players and Market Situation
Participants include major global players such US Rubber, TSRC, LANXESS, JSR Corporation , LG Chem , ZEON Corporation , Versalis S.p.A. , Nizhnekamskneftekhim Ansell, Asahi Kasei Advance Corporation, THAI RUBBER CORPORATION, NISHIKAWA RUBBER CO.,LTD., and Others.
Their large range of industrial rubber products and large R&D investment in rubber, revenue, capital and employee strength, and the geographical presence of companies characterize their market dominance.
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Industrial Rubber
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Industrial Rubber Market By Type
1.2.2.1. Global Industrial Rubber Market Revenue and Growth Rate Comparison By Type (2020-2027)
1.2.2.2. Global Industrial Rubber Market Revenue Share By Type in 2019
1.2.2.2.1. Natural Rubber
1.2.2.2.2. Synthetic Rubber
1.2.3. Industrial Rubber Market By Application
1.2.3.1. Construction
1.2.3.2. Automotive
1.2.3.3. Electrical & Electronics
1.2.3.4. Manufacturing
1.2.3.5. Others
1.2.4. Industrial Rubber Market By Geography
1.2.4.1. Global Industrial Rubber Market Revenue and Growth Rate Comparison by Geography (2020-2027)
1.2.4.2. North America Industrial Rubber Market Revenue and Growth Rate(2020-2027)
1.2.4.3. Europe Industrial Rubber Market Revenue and Growth Rate(2020-2027)
1.2.4.4. Asia-Pacific Industrial Rubber Market Revenue and Growth Rate(2020-2027)
1.2.4.5. Latin America Industrial Rubber Market Revenue and Growth Rate(2020-2027)
1.2.4.6. Middle East and Africa (MEA) Industrial Rubber Market Revenue and Growth Rate(2020-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Pure Cashmere Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Pure Cashmere Major Manufacturers in 2019
3.3. R&D Status and Technology Source of Global Pure Cashmere Major Manufacturers in 2019
3.4. Raw Materials Sources Analysis of Global Pure Cashmere Major Manufacturers in 2019
CHAPTER 4. Industrial Rubber MARKET By Type
4.1. Global Pure Cashmere Revenue By Type
4.2. Natural Rubber
4.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.3. Synthetic Rubber
4.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 5. Industrial Rubber MARKET By Application
5.1. Global Pure Cashmere Revenue By Application
5.2. Construction
5.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.3. Automotive
5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.4. Electrical & Electronics
5.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.5. Manufacturing
5.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.6. Others
5.6.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 6. NORTH AMERICA Industrial Rubber MARKET BY COUNTRY
6.1. North America Industrial Rubber Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.2. North America Industrial Rubber Market Revenue Share Comparison, 2020 & 2027 (%)
6.3. U.S.
6.3.1. U.S. Industrial Rubber Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
6.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
6.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 7. EUROPE Industrial Rubber MARKET BY COUNTRY
7.1. Europe Industrial Rubber Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.2. Europe Industrial Rubber Market Revenue Share Comparison, 2020 & 2027 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.5.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.6.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.7.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 8. ASIA-PACIFIC Industrial Rubber MARKET BY COUNTRY
8.1. Asia-Pacific Industrial Rubber Market Revenue and Growth Rate, 2020 - 2027 ($Million)
8.2. Asia-Pacific Industrial Rubber Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.8.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 9. LATIN AMERICA Industrial Rubber MARKET BY COUNTRY
9.1. Latin America Industrial Rubber Market Revenue and Growth Rate, 2020 - 2027 ($Million)
9.2. Latin America Industrial Rubber Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.4. Mexico
9.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 10. MIDDLE EAST & AFRICA Industrial Rubber MARKET BY COUNTRY
10.1. Middle East & Africa Industrial Rubber Market Revenue and Growth Rate, 2020 - 2027 ($Million)
10.2. Middle East& Africa Industrial Rubber Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. GCC
10.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.4. South Africa
10.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.5. Rest of Middle East & Africa
10.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 11. COMPANY PROFILE
11.1. US Rubber
11.1.1. Company Snapshot
11.1.2. Overview
11.1.3. Financial Overview
11.1.4. Product Portfolio
11.1.5. Key Developments
11.1.6. Strategies
11.2. TSRC
11.2.1. Company Snapshot
11.2.2. Overview
11.2.3. Financial Overview
11.2.4. Product Portfolio
11.2.5. Key Developments
11.2.6. Strategies
11.3. LANXESS
11.3.1. Company Snapshot
11.3.2. Overview
11.3.3. Financial Overview
11.3.4. Product Portfolio
11.3.5. Key Developments
11.3.6. Strategies
11.4. JSR Corporation
11.4.1. Company Snapshot
11.4.2. Overview
11.4.3. Financial Overview
11.4.4. Product Portfolio
11.4.5. Key Developments
11.4.6. Strategies
11.5. LG Chem
11.5.1. Company Snapshot
11.5.2. Overview
11.5.3. Financial Overview
11.5.4. Product Portfolio
11.5.5. Key Developments
11.5.6. Strategies
11.6. ZEON Corporation
11.6.1. Company Snapshot
11.6.2. Overview
11.6.3. Financial Overview
11.6.4. Product Portfolio
11.6.5. Key Developments
11.6.6. Strategies
11.7. Versalis S.p.A.
11.7.1. Company Snapshot
11.7.2. Overview
11.7.3. Financial Overview
11.7.4. Product Portfolio
11.7.5. Key Developments
11.7.6. Strategies
11.8. Nizhnekamskneftekhim Ansell
11.8.1. Company Snapshot
11.8.2. Overview
11.8.3. Financial Overview
11.8.4. Product Portfolio
11.8.5. Key Developments
11.8.6. Strategies
11.9. Asahi Kasei Advance Corporation
11.9.1. Company Snapshot
11.9.2. Overview
11.9.3. Financial Overview
11.9.4. Product Portfolio
11.9.5. Key Developments
11.9.6. Strategies
11.10. Others
11.10.1. Company Snapshot
11.10.2. Overview
11.10.3. Financial Overview
11.10.4. Product Portfolio
11.10.5. Key Developments
11.10.6. Strategies
CHAPTER 12. RESEARCH APPROACH
12.1. Research Methodology
12.1.1. Initial Data Search
12.1.2. Secondary Research
12.1.3. Primary Research
12.2. Assumptions and Scope
