Industrial Rubber Market report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.
Los Angeles, CA -- (SBWIRE) -- 05/16/2019 -- Rubber refers to elastomeric compounds that consist of various monomer units forming polymers that are heat cured (vulcanized). Polymers are long molecular chains that are connected together (cross-linked) to improve their toughness and resilience. Rubber industry is more than 100 years old. Industrial rubber industry is dominated by one major product tires.
The use of industrial rubber in the automotive, building & construction, and other applications is expected to increase in the Asia Pacific region, followed by South America and the Middle East & Africa regions over the next 5 years. This growth in the use of the industrial rubber can be attributed to the increasing population and the growing disposable income in these regions. Based on type, the synthetic rubber segment is expected to grow at the highest CAGR between 2017 and 2022, in terms of value.
The global Industrial Rubber market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025. This report studies the Industrial Rubber market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Industrial Rubber in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Asahi Kasei Advance
American Synthetic Rubber Company
Indian Synthetic Rubber Private Limited
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
Building & Construction
Electrical & Electronics
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