Global Industrial Rubber Products Strategic Business Report 2023: Market to Reach $173.9 Billion by 2030 - The Evolution of Rubber Manufacturing Processes and Technologies

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Dec 08, 2023, 14:15 ET

DUBLIN, Dec. 8, 2023 /PRNewswire/ -- The "Industrial Rubber Products - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Industrial Rubber Products Market to Reach $173.9 Billion by 2030

The global market for Industrial Rubber Products estimated at US$106.1 Billion in the year 2022, is projected to reach a revised size of US$173.9 Billion by 2030, growing at a CAGR of 6.4% over the analysis period 2022-2030. Mechanical Rubber Goods, one of the segments analyzed in the report, is projected to record 5.9% CAGR and reach US$71 Billion by the end of the analysis period. Growth in the Rubber Hose & Belting segment is estimated at 7.4% CAGR for the next 8-year period.

The industrial rubber products market is poised for growth, driven by a recovering economy and increasing demand in the automotive sector. The adoption of reclaimed rubber is on the rise, contributing to market expansion. Developing markets are expected to lead the growth, as indicated by regional market analysis.

Mechanical rubber goods continue to dominate the market, and the report provides insights into the market by rubber type, including natural, styrene butadiene, polybutadiene, ethylene-propylene, nitrile butadiene, and other rubber types.

The competitive landscape of the industrial rubber products market is examined, along with recent market activity and select global brands. Key competitors' market share and their competitive market presence are also highlighted in the report. Overall, the report offers a comprehensive view of the industrial rubber products market, its growth drivers, regional dynamics, and competitive landscape, providing valuable insights for industry stakeholders and businesses in this sector.

The U.S. Market is Estimated at $20.9 Billion, While China is Forecast to Grow at 7.4% CAGR

The Industrial Rubber Products market in the U.S. is estimated at US$20.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$47.5 Billion by the year 2030 trailing a CAGR of 7.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.1% and 5.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.7% CAGR.

What`s New?

Special discussions on the global economic climate and market sentiment
Coverage on global competitiveness and key competitor percentage market shares
Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and trademarked research platform
Complimentary updates for one year
Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET TRENDS & DRIVERS

Automotive Industry: Major End-Use Market
Reduction in Automotive Demand in 2020 (In Million Vehicles)
World Automobile Production in Million Units for 2008-2022
Rubber Products Relevant in Automotive OEM & Aftermarket Applications
Increasing Average Life of Vehicles: Fertile Environment for Rubber Products
Average Age of Light Vehicles in the United States for the Years 2007, 2011, 2015 & 2019
Average Age of Passenger Cars & Light Commercial Vehicles in the United States for the Years 2011, 2015 & 2019
Average Age of Vehicles in the EU for the Years 2011, 2015 & 2019
Average Age of Passengers Cars in the EU by Select Countries for 2019
Relevance of Rubber Products in Construction & Infrastructure Sector
Global Construction Spending (In US$ Trillion) for 2019, 2020 & 2021
Projected Infrastructure Investment Needed (in US$ Trillion) by Region Over the Period 2016-2040
Global Infrastructure Spending: Projected Infrastructure Investment Needs (in $ Trillion) by Sector Over the Period 2016-2040
Key Applications of Industrial Rubber Products in Construction & Infrastructure Projects
Industrial Machinery Trends Influence Rubber Products Market
Importance of Rubber Products in Aerospace Applications
Opportunities in Other End-Use Markets
Wiper Blades Market: Safety Drives Demand
Factors Affecting the Wiper Systems Market - On a Scale of 1-5 Market Drivers
Enhancements in Wiper Blade Market
Vehicular Hose Market: An Insight
New Designs and Superior Performance Qualities Boost Market
Growing Threat from Substitute Products: The Ongoing Challenge
Stiff Competition from Thermoplastic Elastomers
Technological Advancements Lower Demand for Replacement Parts
Chloroprene Rubber Seeks to Widen Addressable Market
Adhesives Market: Largest Consumer of Chloroprene Rubber
Chloroprene Rubber Vs Other Polymers in Contact Adhesive Formulations
Global Adhesives Market by Application (in %): 2020
Product Innovations & Advancements Augur Well
Ford Pioneers Use of Soy Oil-Based Rubber
Environmental Issues
Environmental Issues Concerning Rubber Products Manufacturing Industry
Measures to Prevent Environmental Pollution
Environmental Concerns Drive Focus onto Recycled Products
Regulatory Environment
Environmental Protection Agency (EPA)
Occupational Safety and Health Administration (OSHA)
ISO Technical Committees (ISO/TCs)
An Introduction to Industrial Rubber Products
Mechanical Rubber Goods
Rubber Hoses
Rubber Belting
Rubber Hose and Belting: A Perspective
Other Industrial Rubber Products
Fabricated Rubber Products
World Rubber Production and Consumption Scenario
Global Rubber Production (2019): Percentage Breakdown of Production Volume by Rubber Type
Global Production of Natural and Synthetic Rubber (2019): Percentage Breakdown of Production Volume by Geographic Region
Global Rubber Consumption (2019): Percentage Breakdown of Consumption Volume for Natural and Synthetic Rubber
Global Consumption of Natural and Synthetic Rubber (2019): Percentage Breakdown of Consumption Volume by Geographic Region
Rubber Manufacturing Processes Undergo Drastic Changes
Stages of Rubber Manufacturing
Manufacturing Processes for Different Industrial Rubber Products
Types of Rubber
Material and Technology Analysis

FOCUS ON SELECT PLAYERS (Total 321 Featured)

Federal-Mogul Corporation
Bridgestone Corporation
Freudenberg SE
Amp Impex Private Limited
Caledonian Industries Ltd.
Dayco Products LLC
ABG Rubber & Plastics Ltd.
ALFAGOMMA SpA
American High Performance Seals, Inc.
Bando Chemical Industries, Ltd. (Bando Group)
Bangkok Synthetics Co., Ltd.
Bohra Rubber Pvt., Ltd.
Codan Rubber A/S
Buchanan Rubber Ltd.
As One Corporation

For more information about this report visit https://www.researchandmarkets.com/r/gmgknn

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