Home / Chemicals / Industrial

Industrial Rubber Products Market By Rubber (Natural Rubber, Styrene Butadiene Rubber, Polybutadiene, Ethylene-Propylene, Nitrile Butadiene Rubber), By Product (Mechanical Goods, Hose, Roofing, Belts), By Application (Construction, Industrial Equipment Manufacturing, Automotives, Aerospace) - Growth, Future Prospects And Competitive Analysis, 2017 - 2025

The purpose of this research study titled "Industrial Rubber Products Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025" is to provide investors, developers, company executives, and industry participants with in-depth analysis to allow them to take strategic initiatives and decisions related to the prospects in the global industrial rubber products market. This report presents and analyses the major trends prevalent in the global industrial rubber products market and the market's size and forecast.

This report categorizes the global industrial rubber products market in terms of rubber type, product type, application, and geographical distribution. The major rubber types considered in this study are natural rubber, styrene-butadiene rubber, polybutadiene, ethylene-propylene, and nitrile butadiene rubber. Based on product types, this report studies the global industrial rubber products market, which is segmented into mechanical goods (vibration goods and others), hose, roofing, belts, and others.

Based on application areas, the industrial rubber products market is categorized into construction, industrial equipment manufacturing, automotive (OEM and aftermarket solutions), aerospace, and other applications. The market size and forecast for each mentioned segment for the period 2015–2025 are presented in the report, along with respective CAGRs for the forecast duration of 2017–2025.

Geographically, the global industrial rubber products market is best understood by segmenting it into five major regions and five major region-level markets, as follows:

  • North America
  • U.S.
  • Canada
  • Europe
  • EU 7
  • CIS
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Rest of Asia-Pacific
  • Latin America Middle East, and Africa
  • Brazil
  • Mexico
  • rest of Latin America
  • Middle East and Africa
  • GCC
  • Rest of the Middle East and Africa

Each considered geographical market's market size and forecast are presented for the period 2015-2025, along with CAGRs for the forecast period 2017-2025, and are further cross-sectionally presented in terms of rubber type, product type, applications, and constituent region/country level markets.

This report also includes qualitative assessment factors such as market dynamics (drivers, restraints, and opportunities) to have a good understanding of the current and anticipated trends in the global industrial rubber products market. Competition assessment tools such as market attractiveness assessment and competitive landscape analysis by key players are also demonstrated in the study.

Furthermore, this report concludes with a profile of key market players currently enjoying prominent positions in the industrial rubber goods market. The key players profiled in this report are Bridgestone Corp., Carlisle Companies Inc., Continental AG, Cooper Standard Automotive Inc., Delphi Corp., Dunlop Conveyor Belting (Fenner plc), Eaton Corp., Freudenberg Group, Goodyear Tire, and Rubber Company, Hutchinson SA (Total), Myers Industries Inc., Nichirin Co. Ltd., NOK Corp., Parker-Hannifin Corp., Toyo Tire and Rubber Co. Ltd., Tokai Rubber Industries Ltd., Trelleborg AB, and Yokohama Rubber Company Ltd.

Based on product types, the global industrial rubber products market is studied for the following categories:

  • Mechanical Goods
  • vibration control products
  • Others
  • Hose
  • Roofing
  • Belts
  • Others

Among the considered product types, the mechanical rubber goods segment is anticipated to witness significant demand during the forecast period, thus determining the overall market trends. Heavy usage of rubber products in the automotive industry is a key factor contributing to the dominance of this segment due to the growing output of automobiles and vehicles.

Furthermore, strong demand for rubber goods is being witnessed in the roofing segment. The adoption of rubber roofing is gradually increasing in both commercial and residential construction and other infrastructure development areas. As the construction and real estate industries are anticipated to recover during the forecast period, the demand for rubber roofing on the grounds of its peculiar advantages over conventional counterparts is expected to experience a boost.

Based on major application areas, the global industrial rubber products market is segmented as follows:

  • Construction
  • Industrial Equipment Manufacturing
  • Automotives
  • OEM
  • Aftermarket Solutions
  • Aerospace
  • Others

Construction and automotive form the most prominent application segments for industrial rubber products. The base material ethylene propylene diene terpolymer (EPDM) is experiencing significant demand from the automotive sector. Several automotive manufacturers and research organizations have intensified their efforts toward improving EPDM compounds and processing techniques.

EPDM materials offer the benefits of shorter cycle times, and the introduction of EDPMs with improved high and low-temperature qualities is a lucrative possibility. In addition, further EPDM compounds are anticipated to be introduced in the market, which bears qualities such as impact-resistant pseudo structure, better stiffness, and high abuse application. Hence technological innovation in rubber types will further induce the application areas of industrial rubber in the automotive industry.

Geographically, the global industrial rubber products market is cumulative for North America, Europe, Asia Pacific, the Middle East, Africa, and Latin America.

Among the considered regional markets, Asia Pacific led the global industrial rubber products industry with a share of over 40% in 2016. The presence of several large rubber production facilities in the region, along with respective manufacturing industries, significantly contributes to the dominance of Asia Pacific in the global market. Countries such as China, India, Thailand, and Malaysia are the major consumers of industrial rubber products in the Asia Pacific.

The economic and infrastructural development of the emerging countries in the region is the major impact factor contributing to industry growth in Asia Pacific. It is anticipated that, over the forecast period, the expansion of automotive manufacturers and construction companies in Asia Pacific will further facilitate the growth in demand for rubber products in the region.

In addition, the Middle East and African markets present lucrative expansion opportunities for the consumption of industrial rubber. The commercial and infrastructure sectors in the region are currently experiencing a significant boom, which supports the demand for industrial rubber products in the region.

The detailed regional classification of the global industrial rubber products market is as follows:

  • North America (U.S. and Canada)
  • Europe (EU 7, CIS, and Other European Countries)
  • Asia-Pacific (China, India, and the Rest of Asia-Pacific)
  • Middle East and Africa (GCC and the Rest of the Middle East and Africa)
  • Latin America (Brazil, Mexico, and the Rest of Latin America)

Frequently Asked Question:

The market for Industrial Rubber Products Market is expected to reach USD$79.41 Bn in 2025.

The Industrial Rubber Products Market is expected to see significant CAGR growth over the coming years, at 5.5%.

The report is forecasted from 2017 -2025.

What is the base year considered for Industrial Rubber Products Market?

Who are the major players in this market?

Choose License Type
Trusted By
Published Date:  Apr 2017
Category:  Chemicals
Report ID:   58397
Report Format:   PDF
Pages:   120
Rating:    4.5 (50)
Delivery Time: 24 Hours to 48 Hours   
Connect With Us
24/7 Research Support