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Industrial Rubber Market

Global Industrial Rubber Market Size, Growth: By Type: Natural, Synthetic; By Processing Method: Injection Moulding, Compression Moulding, Extrusion, Others; By End Use: Building and Construction, Automotive and Transportation, Machinery and Equipment, Electrical and Electronics, Others; Regional Analysis; Competitive Landscape; 2024-2032

Global Industrial Rubber Market Outlook

The market for industrial rubber is being driven by increasing demand by the automotive industry as well as rising investments by emerging economies. The market is further expected to grow at a CAGR of 5% in the forecast period of 2024-2032.

 

Global Industrial Rubber Market

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Increasing Production by Automotive Industry Bolstering the Industrial Rubber Industry Growth

Industrial rubber possesses attributes such as abrasion resistance, temperature sustainability, high tear strength, etc. and is highly desirable in the automotive industry. The high-level production of products such as tyres, pads, bushings, mats, etc., is witnessing high level of adoption of industrial rubber, thus significantly boosting the market growth of industrial rubber. A segment among industrial rubber, synthetic rubber is rising in popularity in the automotive industry due to its high performance, stiffness, and low noise levels, etc., and is steadily aiding the growth of the industrial rubber industry. The growing automotive sales in the Asia Pacific region is expected to significantly support the market growth for industrial rubber during the forecast period.

 

Industrial Rubber: Market Segmentation

Rubber is a tough elastic polymeric substance made from the latex of a tropical plant or synthetically. Due to numerous industrial applications such as mining, transportation, power generation etc. industrial rubber is witnessing a rise in demand. Rubber products are used in a diverse range of applications due to which they need to meet a spectrum of properties such as abrasion resistance, fluid resistance, conductivity, temperature resistance, and dynamic properties, among others. Many different polymers are used in the production of industrial rubber to enhance its performance as its used for industrial, residential and commercial purposes.

 

Global Industrial Rubber Market By Processing Method

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Based on type, the market is bifurcated into:

  • Natural
  • Synthetic

On the basis of processing method, the market is divided into:

  • Injection Moulding
  • Compression Moulding
  • Extrusion
  • Others

By end use, the market is categorized into:

  • Building and Construction
  • Automotive and Transportation
  • Machinery and Equipment
  • Electrical and Electronics
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Industrial Rubber Market By Region

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Rising Demand for Different Products to Boost the Growth of Industrial Rubber Market

The range of rubber products is huge, and so are its applications in various industries, such as transportation, manufacturing, and construction, among others. Automotive tyres, conveyor belts, hoses, wires etc. are a few of the major products, and high demand for these products is witnessing a massive rise in the growth rate of the industrial rubber industry. Moreover, emerging economies urbanizing their cities are a major aid to the market growth due to the rising construction of airports, metros and other modern infrastructures is predicted to have increasing demand for industrial rubber, consequently boosting the market growth for the product. The use of rubber products in healthcare such as gloves is also witnessing a rise in demand during the forecast period.
 

Key Industry Players in the Global Industrial Rubber Market

The report gives a detailed analysis of the following key players in the global industrial rubber market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Bridgestone Corporation
  • LG Chem Ltd.
  • Kumho Petrochemical
  • Lanxess AG
  • JSR Corporation
  • Denka Company Limited.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Processing Method
  • End Use
  • Region
Breakup by Type
  • Natural
  • Synthetic
Breakup by Processing Method
  • Injection Moulding
  • Compression Moulding
  • Extrusion
  • Others
Breakup by End Use
  • Building and Construction
  • Automotive and Transportation
  • Machinery and Equipment
  • Electrical and Electronics
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Bridgestone Corporation
  • LG Chem Ltd.
  • Kumho Petrochemical
  • Lanxess AG
  • JSR Corporation
  • Denka Company Limited.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Industrial Rubber Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Industrial Rubber Historical Market (2018-2023) 
    8.3    Global Industrial Rubber Market Forecast (2024-2032)
    8.4    Global Industrial Rubber Market by Type
        8.4.1    Natural
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Synthetic
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Industrial Rubber Market by Processing Method
        8.5.1    Injection Moulding
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Compression Moulding
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Extrusion
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Others
    8.6    Global Industrial Rubber Market by End Use
        8.6.1    Building and Construction
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Automotive and Transportation
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Machinery and Equipment
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Electrical and Electronics
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Others
    8.7    Global Industrial Rubber Market by Region
        8.7.1    North America
        8.7.2    Europe
        8.7.3    Asia Pacific
        8.7.4    Latin America
        8.7.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
        9.2.3    Breakup by Country Kingdom
            9.2.3.1    United 
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2018-2023)
        9.3.2    Forecast Trend (2024-2032)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2018-2023)
        9.4.2    Forecast Trend (2024-2032)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2018-2023)
        9.5.2    Forecast Trend (2024-2032)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    12.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    12.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    12.4    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    12.5    Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    Bridgestone Corporation
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    LG Chem Ltd.
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Kumho Petrochemical
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Lanxess AG
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    JSR Corporation
            13.2.5.1    Company Overview
            13.2.5.2    Product Portfolio
            13.2.5.3    Demographic Reach and Achievements
            13.2.5.4    Certifications
        13.2.6    Denka Company Limited.
            13.2.6.1    Company Overview
            13.2.6.2    Product Portfolio
            13.2.6.3    Demographic Reach and Achievements
            13.2.6.4    Certifications
        13.2.7    Others
14    Key Trends and Developments in the Market


Additional Customisations Available

1    Manufacturing Process
    1.1    Detailed Process Flow
    1.2    Operations Involved
    1.3    Mass Balance
2    Project Requirements and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment


List of Key Figures and Tables

1.    Global Industrial Rubber Market: Key Industry Highlights, 2018 and 2032
2.    Global Industrial Rubber Historical Market: Breakup by Type (USD Billion), 2018-2023
3.    Global Industrial Rubber Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.    Global Industrial Rubber Historical Market: Breakup by Processing Method (USD Billion), 2018-2023
5.    Global Industrial Rubber Market Forecast: Breakup by Processing Method (USD Billion), 2024-2032
6.    Global Industrial Rubber Historical Market: Breakup by End Use (USD Billion), 2018-2023
7.    Global Industrial Rubber Market Forecast: Breakup by End Use (USD Billion), 2024-2032
8.    Global Industrial Rubber Historical Market: Breakup by Region (USD Billion), 2018-2023
9.    Global Industrial Rubber Market Forecast: Breakup by Region (USD Billion), 2024-2032
10.    North America Industrial Rubber Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    North America Industrial Rubber Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Europe Industrial Rubber Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Europe Industrial Rubber Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Asia Pacific Industrial Rubber Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Asia Pacific Industrial Rubber Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Latin America Industrial Rubber Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Latin America Industrial Rubber Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Middle East and Africa Industrial Rubber Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Middle East and Africa Industrial Rubber Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    North America Historical Price Trends and Forecast 2018-2028
21.    Europe Historical Price Trends and Forecast 2018-2028
22.    Asia Pacific Historical Price Trends and Forecast 2018-2028
23.    Latin America Historical Price Trends and Forecast 2018-2028
24.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
25.    Global Industrial Rubber Market Structure

Key Questions Answered in the Report

The global industrial rubber market is projected to grow at a CAGR of 5% between 2021 and 2026.

The major drivers of the market include the increasing demand by the automotive industry, growing urbanisation, rapid industrialisation, and a growing demand from the healthcare industry.

Rising investments by emerging economies is the key industry trend propelling the growth of the market.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading types of industrial rubber in the industry are natural and synthetic.

The major processing methods of industrial rubber in the market are injection moulding, compression moulding, and extrusion, among others.

The significant end use sectors of industrial rubber in the industry are building and construction, automotive and transportation, machinery and equipment, and electrical and electronics, among others.

The major players in the industry are Bridgestone Corporation, LG Chem Ltd., Kumho Petrochemical, Lanxess AG, JSR Corporation, and Denka Company Limited, among others.

Analyst Review

Aided by the rising investments by emerging economies, the global industrial rubber market is expected to witness a healthy growth in the forecast period of 2024-2032, growing at a CAGR of 5%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the market is bifurcated into natural and synthetic. On the basis of processing method, the market is divided into injection moulding, compression moulding, extrusion, and others. By end use, the market is categorised into building and construction, automotive and transportation, machinery and equipment, electrical and electronics, and others. The major regional markets for industrial rubber are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Bridgestone Corporation, LG Chem Ltd., Kumho Petrochemical, Lanxess AG, JSR Corporation, Denka Company Limited, and others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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