Los Angeles, CA -- (SBWire) -- 01/30/2019 --Rubber track is a kind of circular tape made of rubber and fiber or metal composite material rubber track with a small grounding pressure, traction, vibration, low noise, wet field through the good, and it does not damage the road, the quality of small, fast speed and other characteristics , Rubber track can partially replace tires.Geographically, the consumption market is leading by North America and Europe, sales in Asia Pacific regions like China, Japan, Southeast Asia and India will see significant growth in future period. In terms of year 2017, North America holds the largest market share, with about 304.88 Million USD sales revenue, followed by China, with about 28.61% market share in 2017. China will keep playing important role in Global market.
Bridgestone and Camso are the biggest two players in Global Rubber Track market, with about 27.62% and 9.62% market share separately in 2017. Other leading market players in Rubber Track market include DRB Industrial, Jonggu, Zhejiang Yuan Chuang Rubber Track and Continental etc. the market competition may become more intense with more innovation products, acquisitions and improvement of raw material cost control and etc.The global Rubber Track market is valued at 1050 million US$ in 2018 is expected to reach 1920 million US$ by the end of 2025, growing at a CAGR of 7.8% during 2019-2025.
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This report focuses on Rubber Track volume and value at global level, regional level and company level. From a global perspective, this report represents overall Rubber Track market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Camso
McLaren Industries
Tempo International
Bridgestone
Continental
VMT International
Minitop
Chermack Machine
Soucy
Prowler
Global Track Warehouse
Mattracks
Jinli Long Corporation
Zhejiang Jiuyun
DRB
Jonggu
Zhejiang Yuan Chuang Rubber Track
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Triangular Rubber Track
Regular Rubber Track
Segment by Application
Agricultural Machinery
Industry Machinery
Military Vehicles
Others
Market size split by Region
-North America
-Asia-Pacific
-Europe
-Central & South America
-Middle East & Africa
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Global Rubber Track Market Is Expected to Reach 1920 Million US$ by 2025
Global Rubber Track Market -An insight on the important factors and trends influencing the Industry by 2025