Global Rubber Molding Market by Components (Hoses, Gaskets, Diaphragm, Bellows, Seals, and Weather-strips), Types (Liquid Injection Molding, Compression Molding), by Material (EPDM, NR, SBR), Vehicle Type (Passenger Vehicle and Commercial Vehicle) and Region - Forecast to 2022
Pune, Maharashtra -- (SBWIRE) -- 01/25/2017 -- Market Highlights
Market Research Future published a Half-Cooked Research Report on Rubber Molding Market. The Global Market for Rubber Molding is expected to grow at a CAGR of about 5.3% during the forecast period, 2016 to 2022.
The key drivers for the growth of the Global Rubber Molding Market are technological advancements, growing demand for lightweight materials, and increasing vehicle production. EPDM by material contributes highest to the overall growth of the market. The main reason for the adoption of EPDM material by automotive applications is its stability in high and low temperature, low electrical conductivity, and resistance to UV exposure & many chemicals. The global rubber molding market is expected to show a growth at CAGR of about 5.3% from 2016 to 2022.
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The key players of global rubber molding market report include:
-DANA Holding Corporation
-Cooper-Standard Holdings Inc.
-Toyoda Gosei Co., Ltd.
-Sumitomo Riko Co., Ltd.
-Freudenberg and Co. Kg
Taste the market data and market information presented through more than 85 market data tables and figures spread in more than hundred pages of the project report. Avail the in-depth table of content TOC & market synopsis on "Global Rubber Molding Market"
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Asia-Pacific: Major Market for Rubber Molding
Asia-Pacific is expected to dominate the rubber molding market in the forecast period and is followed by Europe. China and India region has recently seen the increase in the demands for the automobiles, as the spending capability of the population is increasing. Economical and infrastructural growth in the Asian-Pacific region has boosted the growth of automobile market hence driving the market of rubber molding.
Scope of the Report
This study provides an overview of the global rubber molding industry, tracking market segments across the categorized four geographic regions. The report provides a five-year forecast for the market size in terms of value for North America, Europe, Asia-Pacific, and Rest of the world. The scope of the study segments the global rubber molding market based on components, types, material, and vehicle type.
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