Industry Insights
[210+ Pages PDF Report] Global Industrial Rubber market was approximately USD 32 Billion in 2019 and is anticipated to reach around USD 45 Billion by 2026, at a CAGR of 5% during the forecast period.
This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Industrial Rubber industry. The report analyzes and declares the historical and current trends analysis of the Industrial Rubber industry and subsequently recommends the projected trends anticipated to be observed in the Industrial Rubber market during the upcoming years.
The Industrial Rubber market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Industrial Rubber market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Kilo Tons) and value (USD Million) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Industrial Rubber industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Industrial Rubber industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Industrial Rubber market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Industrial Rubber industry. The Industrial Rubber market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Industrial Rubber sector. Key strategic developments in the Industrial Rubber market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Industrial Rubber market are appropriately highlighted in the report.
The Industrial Rubber market research report delivers an acute valuation and taxonomy of the Industrial Rubber industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Industrial Rubber industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Industrial Rubber industry is provided for the leading economies of the world.
The Industrial rubber market is segmented by type, product and application. Based on type market is bifurcated as synthetic rubber, and natural rubber. On the basis of product market is categorized as Mechanical Rubber Good, Rubber Roofing, Rubber Belt, Rubber Hose, and Others. In the terms of application market is further divided as Automotive, Medical & Healthcare, Building & Construction, Coating, Sealant, & Adhesive, Industrial Manufacturing, Bitumen Modification, Polymer Modification, Electrical & Electronics, Wire & Cable, and Others.
Top Market Players
Some of the essential players operating in the Industrial Rubber market, but not restricted to include LANXESS, ZEON Corporation, Sinopec, Versalis S.p.A., LG Chem, Goodyear Tire and Rubber Company, JSR Corporation, Kumho Petrochemical, Nizhnekamskneftekhim, and TSRC Corporation.
The taxonomy of the Industrial Rubber market by its scope and segmentation is as follows:
Global Industrial Rubber Market: By Type Segmentation Analysis (Customizable)
- Synthetic Rubber
- Natural Rubber
Global Industrial Rubber Market: By Product Segmentation Analysis (Customizable)
- Mechanical Rubber Good
- Rubber Roofing
- Rubber Belt
- Rubber Hose
- Others
Global Industrial Rubber Market: By Application Segmentation Analysis (Customizable)
- Automotive
- Medical & Healthcare
- Building & Construction
- Coating, Sealant, & Adhesive
- Industrial Manufacturing
- Bitumen Modification
- Polymer Modification
- Electrical & Electronics
- Wire & Cable
- Others
Global Industrial Rubber Market: Regional Segmentation Analysis (Customizable)
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
KEY REPORT POINTERS & HIGHLIGHTS:
- Statistically Validated Analysis of Historical, Current, and Projected Industry Trends with Authenticated Market Sizes Information and Data in terms of Value and Volume, wherever applicable
- Direct and Indirect Factors that Impacted the Industry as well Projected Rationales expected to affect the industry going forward
- Micro, Meso, Macro, and In-Depth Analysis of Technically relevant and Commercially viable Segments and Sub-segments of the Market
- Historical and Projected Company / Vendor / OEM / Supplier Market Shares, Competitive Landscape, and Player Positioning Data
- Historical and Current Demand (Consumption) and Supply (Production) Scenarios as well as Projected Supply-Demand Scenario Analysis
- Detailed List of Key Buyers and End-Users (Consumers) analyzed as per Regions and Applications
- Value Chain and Supply Chain Analysis along with Horizontal and Vertical Integration Scenarios
- Manufacturing and Production Cost Structure Analysis including Labor Cost, Raw Material Expenses, and Other Manufacturing Expenses, wherever relevant
- Overview of Key Marketing Strategies and Key Sales Channels Adopted in the Market
- Market Attractiveness Analysis and Key Investment Opportunity Analysis in the Market going forward
- Technological Roadmap, Patents Analysis, Potential Substitutes, and Technical Analysis
- The professionally substantiated market research report study is calculated, constructed, and assembled by implementing a Robust Research Methodology. The Triangular Process comprises a buoyant mix of Exhaustive Primary Research (focused interviews, questionnaires, and ad-hoc surveys) and Extended Secondary Research (paid external databases, proprietary in-house database, and publically-available validated sources), where it is finally triangulated and validated through in-house industry experts, industry leaders, and independent consultants through a tri-level quality check practice.
Table of Content
Key Insights from Primary Research
- It was recognized through primary research that the industrial rubber market was valued at around USD 32 Billion in 2019.
- Asia Pacific is expected to hold the largest market share of the industrial rubber market in the revenue, in 2019.
- Based on application-based segmentation the “Automotive” category, was the leading revenue-generating category in 2019.
- Based on the product, the “Mechanical Rubber Good” category, contributing to the largest revenue-generation.
- According to our primary respondents, the industrial rubber market is set to grow annually at a rate of around 5%.
Key Recommendations from Analysts
- Rubber products are having a wide range of applications in various fields. The rubber components used in the automotive industry are generating significant demand for industrial rubber.
- The rubber components used in the automotive industry are generating significant demand for industrial rubber. In the automotive industry, industrial rubber is used in the brakes, components, and tire.
- A growing disposable income of the population and rising technological advancement in the construction and building industry is boosting the growth of the industrial rubber market.
- The growing greenhouse gas legislation and mandates may hinder the market growth, while it is also estimated to create an opportunity for natural-based or bio-based rubber in the upcoming years.
- Asia Pacific market is estimated to lead the industrial rubber market. The rise in disposable income leads to growing construction activities in a region that is propelling industrial rubber demand.
Industry Major Market Players
- LANXESS
- ZEON Corporation
- Sinopec
- Versalis S.p.A.
- LG Chem
- Goodyear Tire and Rubber Company
- JSR Corporation
- Kumho Petrochemical
- Nizhnekamskneftekhim
- TSRC Corporation
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