Industrial Rubber Market
Global Industrial Rubber Market Size, Share & Trends Analysis Report by Type (Natural and Synthetic), By Application (Tires & Tubes, Hoses, Gaskets, & Seals, Conveyor Belts, Wires & Cables, and Others), By End-Use Industry (Automotive & Transportation, Building & Construction, Industrial Machinery & Equipment, and Others) Forecast, 2021-2027 Update Available - Forecast 2024-2030
The global industrial rubber market is projected to grow at a CAGR of 4.8% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes a wide range of properties possessed by industrial rubber. Industrial rubber has significant industrial applications owing to better abrasion resistance, thereby, increased demand from the various industries. The industrial rubbers also have better aging, and high heat resistance, which makes them suitable in various applications including, mechanical goods and automobiles. The anti-vibration mountings are utilized to eliminate unwanted vibrations and reduce noise pollution and absorb vibration shocks. These kinds of anti-vibration mountings utilize different types of rubbers such as SBR, ethylene propylene diene monomer (EPDM), and others.
Besides, the building & construction industry uses industrial rubber in elevator belts, seismic bearings, hoses, and others. Further, the growth in the various end-use industries such as automotive & transportation, building & construction, industrial machinery & equipment, and others also adds significantly to the market growth.
Segmental Outlook
The global industrial rubber market is segmented on the basis of type, application, and end-use industry. Based on the type, the market is segmented as natural and synthetic. Based on the application, the market is segmented as tires & tubes, hoses, gaskets, & seals, conveyor belts, wires & cables, and others. Based on the end-use industry, the market is segmented as automotive & transportation, building & construction, industrial machinery & equipment, and others.
Synthetic Rubber Segment to Hold a Significant Market Share
Amongst the type segment of the global industrial rubber, the synthetic rubber segment is projected to hold the most lucrative share in the market. The segmental growth of the market is accredited to the availability of various types of synthetic rubber in the market such as styrene-butadiene rubber, polybutadiene rubber, butyl rubber, nitrile rubber, chloroprene rubber, ethylene-propylene rubber, and silicone rubber among many others. Synthetic rubbers are elastomers that are manufactured by the polymerization of unsaturated hydrocarbons from petroleum byproducts manufactured in the petrochemical industry. The segmental growth of the market is also accredited to the better durability of synthetic rubber over natural rubbers. Hence, owing to the better durability provided by the synthetic rubber, the segment is likely to witness an upsurge over the forecast period.
Global Industrial Rubber Market, by Type 2020 (%)
Regional Outlook
The global industrial rubber market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is projected to hold a significant market share. China, India, Japan, and the Rest of the Asia-Pacific are the major economies primarily contributing to the growth of the Industrial Rubber market in the region. The regional growth of the market is accredited to the growth in the various end-use industries such as automotive & transportation, building & construction, and other manufacturing industries. China is considered as a major economy that contributes to the market owing to the improved production facilities and easy availability of raw materials in the country. Further, the North American region is also estimated to witness a significant value for the market, attributing to the presence of key automakers across the region as well as the well-established aviation sector in the region.
Global Industrial Rubber Market, by Region 2020 (%)
Market Players Outlook
The prominent players functioning in the global industrial rubber market include JSR Corp., Asahi Kasei Corp., E.I. du Pont de Nemours and Co., Exxon Mobil Corp., Lanxess AG, LG Chem Ltd., Sumitomo Chemical Co. Ltd, and Ube Industries, Ltd. among others. These key manufacturers are adopting various strategies such as new product launches and approvals, mergers and acquisitions, partnerships and collaborations, and many others in order to thrive in a competitive environment. For instance, in February 2020, AMMEGA, the holding company of Ammeraal Beltech and Megadyne, announced the acquisition of Midwest Industrial Rubber. The major acquisition by the company is likely to enhance the company's product portfolio and in turn, add to the growth of the market during the forecast period.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Industrial Rubber market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Industrial Rubber Market by Type
5.1.1. Natural
5.1.2. Synthetic
5.2. Global Industrial Rubber Market by Application
5.2.1. Tires & Tubes
5.2.2. Hoses, Gaskets, & Seals
5.2.3. Conveyor Belts
5.2.4. Wires & Cables
5.2.5. Others
5.3. Global Industrial Rubber Market by End-Use Industry
5.3.1. Automotive & Transportation
5.3.2. Building & Construction
5.3.3. Industrial Machinery & Equipment
5.3.4. Others
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. ASEAN
6.3.5. South Korea
6.3.6. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Asahi Kasei Corp.
7.2. Denka Co. Ltd.
7.3. E.I. du Pont de Nemours and Co.
7.4. Exxon Mobil Corp.
7.5. Goodyear Tire and Rubber Co.
7.6. JSR Corp.
7.7. Kumho Petrochemical Co., Ltd.
7.8. Lanxess AG
7.9. LG Chem Ltd.
7.10. Sumitomo Chemical Co. Ltd
7.11. TSRC Corp.
7.12. Ube Industries, Ltd.
7.13. Versalis SpA
7.14. Zeon Corp.
1. GLOBAL INDUSTRIAL RUBBER MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
2. GLOBAL NATURAL INDUSTRIAL RUBBER MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL SYNTHETIC INDUSTRIAL RUBBER MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL INDUSTRIAL RUBBER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
5. GLOBAL INDUSTRIAL RUBBER FOR TIRES & TUBES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL INDUSTRIAL RUBBER FOR HOSES, GASKETS, & SEALS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL INDUSTRIAL RUBBER FOR CONVEYOR BELTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL INDUSTRIAL RUBBER FOR WIRES & CABLES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL INDUSTRIAL RUBBER FOR OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL INDUSTRIAL RUBBER MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2020-2027 ($ MILLION)
11. GLOBAL AUTOMOTIVE & TRANSPORTATION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL BUILDING & CONSTRUCTION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
13. GLOBAL INDUSTRIAL MACHINERY & EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
14. GLOBAL OTHER END-USE INDUSTRIES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
15. GLOBAL INDUSTRIAL RUBBER MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
16. NORTH AMERICAN INDUSTRIAL RUBBER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
17. NORTH AMERICAN INDUSTRIAL RUBBER MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
18. NORTH AMERICAN INDUSTRIAL RUBBER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
19. NORTH AMERICAN INDUSTRIAL RUBBER MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2020-2027 ($ MILLION)
20. EUROPEAN INDUSTRIAL RUBBER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
21. EUROPEAN INDUSTRIAL RUBBER MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
22. EUROPEAN INDUSTRIAL RUBBER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
23. EUROPEAN INDUSTRIAL RUBBER MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2020-2027 ($ MILLION)
24. ASIA-PACIFIC INDUSTRIAL RUBBER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
25. ASIA-PACIFIC INDUSTRIAL RUBBER MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
26. ASIA-PACIFIC INDUSTRIAL RUBBER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
27. ASIA-PACIFIC INDUSTRIAL RUBBER MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2020-2027 ($ MILLION)
28. REST OF THE WORLD INDUSTRIAL RUBBER MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
29. REST OF THE WORLD INDUSTRIAL RUBBER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
30. REST OF THE WORLD INDUSTRIAL RUBBER MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2020-2027 ($ MILLION)
1. GLOBAL INDUSTRIAL RUBBER MARKET SHARE BY TYPE, 2020 VS 2027 (%)
2. GLOBAL INDUSTRIAL RUBBER MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)
3. GLOBAL INDUSTRIAL RUBBER MARKET SHARE BY END-USE INDUSTRY, 2020 VS 2027 (%)
4. GLOBAL INDUSTRIAL RUBBER MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
5. US INDUSTRIAL RUBBER MARKET SIZE, 2020-2027 ($ MILLION)
6. CANADA INDUSTRIAL RUBBER MARKET SIZE, 2020-2027 ($ MILLION)
7. UK INDUSTRIAL RUBBER MARKET SIZE, 2020-2027 ($ MILLION)
8. FRANCE INDUSTRIAL RUBBER MARKET SIZE, 2020-2027 ($ MILLION)
9. GERMANY INDUSTRIAL RUBBER MARKET SIZE, 2020-2027 ($ MILLION)
10. ITALY INDUSTRIAL RUBBER MARKET SIZE, 2020-2027 ($ MILLION)
11. SPAIN INDUSTRIAL RUBBER MARKET SIZE, 2020-2027 ($ MILLION)
12. ROE INDUSTRIAL RUBBER MARKET SIZE, 2020-2027 ($ MILLION)
13. INDIA INDUSTRIAL RUBBER MARKET SIZE, 2020-2027 ($ MILLION)
14. CHINA INDUSTRIAL RUBBER MARKET SIZE, 2020-2027 ($ MILLION)
15. JAPAN INDUSTRIAL RUBBER MARKET SIZE, 2020-2027 ($ MILLION)
16. ASEAN INDUSTRIAL RUBBER MARKET SIZE, 2020-2027 ($ MILLION)
17. SOUTH KOREA INDUSTRIAL RUBBER MARKET SIZE, 2020-2027 ($ MILLION)
18. REST OF ASIA-PACIFIC INDUSTRIAL RUBBER MARKET SIZE, 2020-2027 ($ MILLION)
19. REST OF THE WORLD INDUSTRIAL RUBBER MARKET SIZE, 2020-2027 ($ MILLION)
