Global Industrial Rubber Products Market Analysis–Trends, Insights and Forecasts (2021-2027)

  • Publish Date
    February 21, 2022
  • No of Pages
    330
  • SKU Code
    GIR 8046
  • Format

Global Industrial Rubber Products market – Overview

  • The report will cover the overall analysis and insights in relation to the size and growth rate of the “Global Industrial Rubber Products market ” by various segments at a global and regional level for the 2014-2027 period, with 2014-2019 as historical data, 2020 as a base year, 2021 as an estimated year and 2021-2027 as forecast period.

Global Industrial Rubber Products market – Introduction

  • Industrial rubber is of two types, namely natural and synthetic. Natural rubber consists of polymers of organic compounds like isoprene obtained from latex, rubber trees and other plants. On the other hand, synthetic rubber is an elastomer developed by the polymerization of unsaturated hydrocarbons from petroleum byproducts manufactured in the petrochemical industry. The use of industrial rubber is dominated by one major product – tires. The global industrial rubber market is expected to witness significant growth due to a growing consumption of rubber in the tires manufacturing industry.


Report Includes

  • The report provides a basic overview of the industry including definitions, classifications and industry chain structure.
  • Description of properties and manufacturing processes.
  • To analyze and forecast the market size in terms of volume and value
  • Discussion of the current state, setbacks, innovations, and the future needs of the market.
  • Detailed discussion regarding impact of product on demand
  • Up-to-date analyses of market trends and technological improvements in the market
  • Examination of the market by application and by product sizes; utility scale, medium scale and small scale.
  • To strategically profile key players and comprehensively analyze their market rankings and core competencies
  • The report focuses on detailed profile of major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information.
  • Coverage of historical overview, key industrial development and regulatory framework.

Global Industrial Rubber Products market Report Scope

  • The scope of the report covers the clear understanding and overview of the product.
  • Analysis of market trends in the region, with market data considering 2020 as the base year, 2021 as the estimate year and forecast for 2027 with projection of CAGR from 2021 to 2027.
  • The report covers discussion of economic trends and technology.
  • Market estimates represent revenue.
  • In-depth analysis of the market segmentation assists in determining the prevailing market scope.
Attribute Details
Market size available for years 2014–2027
Base year considered 2020
Forecast period 2021–2027
Historical period 2014-2019
Forecast units Value (USD) & Volume (Million Units)
Segmentation By Regions
North America, Europe, Asia Pacific, Latin America and Middle East & Africa
By Countries
United States, Russia, China, Germany, United Kingdom, France, Japan, Israel, Saudi Arabia, South Korea, United Arab Emirates, Canada, Indonesia, Malaysia, Switzerland, Australia, India, Italy, Sweden, Spain, Belgium, Netherlands, Norway, Brazil, Argentina, Mexico, South Africa and 54 Others.
By  Type
Natural Rubber and Synthetic Rubber (Styrene Butadiene, Polybutadiene, Ethylene-Propylene, Nitrile and Others).
By Product
Mechanical Rubber Goods, Rubber Hose & Belting, Rubber Roofing and Others.
By End-Use
Automotive & Transportation, Building & Construction, Industrial Machinery & Equipment, Energy, Aerospace and Others.
Companies covered Airboss of America Corp.; Avon Rubber p.l.c.; Bando Chemical Industries, Ltd.; Bridgestone Corporation; Continental AG; Cooper Standard; Carlisle Companies Inc.; Dayco Products, LLC; Eaton Corporation; EnPro Industries, Inc.; Federal-Mogul Corporation; Gates Corporation; Goodyear Tire and Rubber Company;  Habasit AG; Hutchinson S.A.; JSJ Corporation; LANXESS; Meiji Rubber & Chemical Co., Ltd.; Mitsuboshi Belting Ltd.; Nichirin Co., Ltd.; NOK Corporation; Parker Hannifin Corporation; Patch Rubber Company;  Sparks Belting Company; Sinopec; Semperit AG Holding; Sumitomo Riko Company Limited; Sumitomo Rubber Industries Ltd.; The Freudenberg Group; The Yokohama Rubber Company Ltd.; Toyo Tire Corporation; Toyoda Gosei Company Limited; Trelleborg AB; TSRC Corporation; Versalis S.p.A. and Others.

Segments Covered in Global Industrial Rubber Products market

  • The global Industrial Rubber Products market is divided into different segments on the basis of types, product, end-users and region. The industrial valves market segment on the basis of product includes Mechanical Rubber Goods, Rubber Hose & Belting, Rubber Roofing and others. On the basis of types, the Industrial Rubber Products market segment comprises a Natural Rubber and Synthetic Rubber (Styrene Butadiene, Polybutadiene, Ethylene-Propylene, Nitrile and Others). The global Industrial Rubber Products market segment by the end-users involves Automotive & Transportation, Building & Construction, Industrial Machinery & Equipment, Energy, Aerospace and many other sectors.
  • The global Industrial Rubber Products market segment on the basis of region includes Europe, Asia-Pacific, North America, and other parts of the world.
  • APEJ has a significant contribution in the global industrial rubber market. It is a leading region in terms of production and consumption of rubber. An emerging trend in APEJ is to manufacture motorcycle and bicycle tires. In addition, many stakeholders are exhibiting interest in the manufacture of car and truck tires and this segment is forecasted to overtake the manufacturing of bicycle and motorcycle tire business in the region.

COVID 19 Impacts on Global Industrial Rubber Products

COVID-19 is a new strain of coronavirus that has not been previously identified in humans . Coronaviruses (CoV) are a family of RNA (ribonucleic acid) viruses. COVID-19 started in Asia and is now spreading over the rest of the world via person-to-person contact and community spread. COVID-19 pandemic may have an potential impacts on Global Industrial Rubber Products Market.

Recent Developments in Global Industrial Rubber Products market

  • On April 10, 2019, Bridgestone Corporation’s Australian subsidiary, i.e. Bridgestone Mining Solutions Australia Pty. Ltd., established the Hunter Valley Mining Solution Center. The subsidiary sells and provides services pertaining to tires used in mining vehicles and conveyor belts.
  • On June 19, 2018, The Goodyear Tire & Rubber Company and Bridgestone Americas, Inc. jointly formed TireHub LLC, a joint venture for the distribution of passenger vehicle and light truck tires. TireHub LLC would be providing tire dealers and retailers in the U.S. with a wide range of passenger vehicle and light truck tires.
  • The Goodyear Tire & Rubber Company focuses on expanding its presence in emerging markets across the globe. In November 2016, the company expanded its tire factory in Pulandian, China. This expansion aims to increase the capacity of the factory by approximately 5 million tires a year. The new plant is expected to be operational by 2020.

Key Market Players in Global Industrial Rubber Products market

  • The major players in the Global Industrial Rubber Products market are Airboss of America Corp.; Avon Rubber p.l.c.; Bando Chemical Industries, Ltd.; Bridgestone Corporation; Continental AG; Cooper Standard; Carlisle Companies Inc.; Dayco Products, LLC; Eaton Corporation; EnPro Industries, Inc.; Federal-Mogul Corporation; Gates Corporation; Goodyear Tire and Rubber Company; Habasit AG; Hutchinson S.A.; JSJ Corporation; LANXESS; Meiji Rubber & Chemical Co., Ltd.; Mitsuboshi Belting Ltd.; Nichirin Co., Ltd.; NOK Corporation; Parker Hannifin Corporation; Patch Rubber Company;  Sparks Belting Company; Sinopec; Semperit AG Holding; Sumitomo Riko Company Limited; Sumitomo Rubber Industries Ltd.; The Freudenberg Group; The Yokohama Rubber Company Ltd.; Toyo Tire Corporation; Toyoda Gosei Company Limited; Trelleborg AB; TSRC Corporation; Versalis S.p.A. and Others.
  • Also, the Industrial Rubber Products market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

Objectives of the Global Industrial Rubber Products market Study

  • To provide detailed information regarding drivers, restraints, opportunities and challenges are influencing the growth in the Global Industrial Rubber Products market.
  • To analyze the competitive intelligence of players based on company profiles and their key growth strategies.
  • To strategically analyze micro markets with respect to the individual growth trends, their prospects, and their contribution to the total Global Industrial Rubber Products market.
  • To analyze competitive developments such as expansions, and product launches, along with research & development (R&D) activities undertaken in the Global Industrial Rubber Products market.
  • A unique model is created customized for each study also offers suggestions that help enterprises to identify and mitigate risks.

Note –

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INTRODUCTION

Objectives of the study

Global Industrial Rubber Products market definition

Global Industrial Rubber Products market scope

Global Industrial Rubber Products market Stakeholders

Global Industrial Rubber Products market Limitations

Summary of changes

RESEARCH METHODOLOGY

Research data

Secondary data

Primary data

Global Industrial Rubber Products market size estimation

Global Industrial Rubber Products market breakdown & data triangulation

Global Industrial Rubber Products market share analysis

Global Industrial Rubber Products market Risk assessment/limitations

Assessment of the impact of covid-19 on the economic scenario

EXECUTIVE SUMMARY

GLOBAL INDUSTRIAL RUBBER PRODUCTS MARKET OUTLOOK / MARKET OVERVIEW

Introduction

Market dynamics

Market drivers

Increasing demand from the automotive industry

Countries

Market restraints

Environmental regulations and health hazards associated with industrial rubber

Opportunities

Growing demand for eco-friendly rubber

Challenges

Volatility in raw material prices

INDUSTRY INSIGHTS

Introduction

Industry trends

Strategic benchmarking

Pricing analysis

Value chain analysis

Ecosystem analysis

Patent analysis

Trade analysis

IMPACT OF COVID-19 ON THE GLOBAL INDUSTRIAL RUBBER PRODUCTS MARKET

GLOBAL INDUSTRIAL RUBBER PRODUCTS MARKET BY PRODUCT

Mechanical Rubber Goods

Rubber Hose & Belting

Rubber Roofing

and Others.

GLOBAL INDUSTRIAL RUBBER PRODUCTS MARKET BY TYPE

Natural Rubber

Synthetic Rubber (Styrene Butadiene, Polybutadiene, Ethylene-Propylene, Nitrile and Others)

GLOBAL INDUSTRIAL RUBBER PRODUCTS MARKET BY END-USE

Automotive & Transportation

Building & Construction

Industrial Machinery & Equipment

Energy

Aerospace

and Others

GLOBAL INDUSTRIAL RUBBER PRODUCTS MARKET BY GEOGRAPHY

Overview

North America

U.S.

Canada

Mexico

Europe

Germany

U.K.

France

Rest of Europe

Asia Pacific

China

Japan

India

Rest of Asia Pacific

Rest of the World

Latin America

Middle East & Africa

8 GLOBAL INDUSTRIAL RUBBER PRODUCTS MARKET COMPETITIVE LANDSCAPE

Introduction

Footprint analysis of the top players in the global Industrial Rubber Products market

Product & service portfolio matrix

Market share analysis

Company evaluation quadrant

Company evaluation quadrant for start-ups/smes

Competitive scenario

9 COMPANY PROFILES

(Business overview, Products & services offered, Recent Developments, Competitive analysis, SWOT Analysis,)

  1. Airboss of America Corp.
  2. Avon Rubber p.l.c.
  3. Bando Chemical Industries, Ltd.
  4. Bridgestone Corporation
  5. Continental AG
  6. Cooper Standard
  7. Dayco Products, LLC
  8. Goodyear Tire and Rubber Company
  9. Hutchinson S.A.
  10. LANXESS
  11. Mitsuboshi Belting Ltd.
  12. Nichirin Co., Ltd.
  13. NOK Corporation
  14. Patch Rubber Company
  15. Sparks Belting Company
  16. Sumitomo Rubber Industries Ltd.
  17. The Yokohama Rubber Company Ltd.
  18. Toyo Tire Corporation
  19. Trelleborg AB
  20. TSRC Corporation
  21. ZEON Corporation
  22. Other 70+

APPENDIX

  • Discussion guide
  • Available customizations
  • Related reports

Methodology

Research Methodology is the process used to collect information and data for the purpose of making business decisions. The success of a research project is entirely dependent on the research methodology adopted by the company. Research Methodology and Scope We have implemented a mix of primary and secondary research for our market estimate and forecast. Secondary research formed the initial phase of our study, where we conducted extensive data mining, referring to verified data sources such as independent studies, company annual reports, white papers, case studies, government and regulatory published articles, technical journals, magazines, and paid data sources. It was also used to obtain important information about the key players and market classification & segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives. A database of the key industry leaders was also prepared using secondary research.

In the primary research process, various primary sources from both supply and demand sides have been interviewed to obtain qualitative and quantitative information important for respective regions. The primary sources from the supply side included industry experts such as CEOs, VPs, marketing directors, technology and innovation directors, and related executives from key companies and organizations operating in the respective regions. The primary data has been collected through questionnaires, e-mails, and telephonic interviews, end-user surveys, consumer surveys, technology distributors and wholesaler’s surveys.

  • Quantitative methods (e.g. surveys) are best for measuring, ranking, categorizing, identifying patterns and making generalizations
  • Qualitative methods (e.g. interviews) are best for describing, interpreting, contextualizing, and gaining in-depth insight into specific concepts or phenomena
  • Mixed methods allow for a combination of numerical measurement and in-depth exploration.

Market drivers and restraints, along with their current and expected impacts, technological scenario and expected developments, end-use industry trends and dynamics  and consumer behavior trends  these forecasting parameters were considered.

Ethical approach, attention to detail, consistency, latest trend in the market and highly authentic source these are benefits of company’s research methodology.

Global Industry Reports

Market size estimation methodology top-down and bottom-up approaches

Both top-down and bottom-up approaches have been used to estimate and validate the total size of the virtual reality market. These methods have also been extensively used to estimate the sizes of various market subsegments. Estimating the size of the market in each region by adding the sizes of country-wise markets and tracking the ongoing and upcoming implementation of virtual reality projects by various companies in each region and forecasting the size of the virtual reality market based on these developments and other critical parameters, including COVID-19 related impacts

Data Triangulation

After arriving at the overall market size—using the market size estimation processes explained above—the market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. It provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, company profiles, key player strategies competitive developments and key developments) influencing the virtual reality market growth.

Statistical Model

Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, technology landscape, application development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis.

Frequently Asked Questions ?

Players in this market have adopted expansions, acquisitions, and agreements strategies to increase their market share.

The Global Market for Industrial Rubber Products was estimated to be valued at $100.1 Billion in 2020.

The growth rate of the Global Market for Industrial Rubber Products is 5.4%, with an estimated value of $145 Billion by 2027.

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