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Report
Industrial Rubber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-05-29 I 175 Pages I IMARC Group
Market Overview:
The global industrial rubber market size reached US$ 28.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 36.0 Billion by 2028, exhibiting a growth rate (CAGR) of 3.7% during 2023-2028.
Industrial rubber is widely available in the form of sheets, molds, and pieces for making belts, roofs, hoses and mechanical products. It offers several advantages, such as conductivity, friction, permeation, strength, longevity, and water and heat resistance. As a result, it is used in manufacturing tires for automotive vehicles, aircraft, and bicycles due to the elasticity, resilience, and toughness of industrial rubber. Industrial rubber also finds application in the production of machinery and equipment around the world.
Industrial Rubber Market Trends:
There is currently an increase in the demand for industrial rubber in the manufacturing of joints, seals and gaskets due to its high durability and corrosion-resistance. This, coupled with the expanding construction industry across the globe, is propelling the growth of the market. In addition, governments of several countries, especially in developing countries, are extensively investing in the development of airports, metros, highways, and other smart city projects, which is positively influencing the market. Besides this, the increasing utilization of industrial rubber as adhesive for lamination, shoe, carpentry, and ceramic and plastic tile attachment is offering lucrative growth opportunities to industry investors. Furthermore, the rising employment of industrial rubber in the conveyor belt to transport products in a straight line or through changes in elevation is bolstering the growth of the market. Apart from this, there is an increase in the sales of electric vehicles (EVs) on account of the growing environmental concerns among individuals and the imposition of stringent emission regulations by regulatory authorities. This, along with considerably investment in research and development (R&D) activities to develop compounding rubber for manufacturing novel products, is projected to catalyzing the demand for industrial rubber.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global industrial rubber market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, product and end use industry.
Breakup by Type:
Natural Rubber
Synthetic Rubber
Breakup by Product:
Mechanical Rubber Goods
Rubber Hose
Rubber Belt
Rubber Roofing
Others
Breakup by End Use Industry:
Automotive
Construction
Manufacturing
Electrical and Electronics
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Asahi Kasei Corporation, Braskem, Bridgestone Corporation, Denka Company Limited, Lanxess AG, LG Chem Ltd., The Goodyear Tire and Rubber Company, Trinseo PLC, TSRC Corporation, UBE Corporation, Yokohama Rubber Co. Ltd. and Zeon Corporation.
Key Questions Answered in This Report:
What was the size of the global industrial rubber market in 2022?
What is the expected growth rate of the global industrial rubber market during 2023-2028?
What are the key factors driving the global industrial rubber market?
What has been the impact of COVID-19 on the global industrial rubber market?
What is the breakup of the global industrial rubber market based on the type?
What is the breakup of the global industrial rubber market based on the product?
What is the breakup of the global industrial rubber market based on the end use industry?
What are the key regions in the global industrial rubber market?
Who are the key players/companies in the global industrial rubber market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Industrial Rubber Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Natural Rubber
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Synthetic Rubber
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Product
7.1 Mechanical Rubber Goods
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Rubber Hose
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Rubber Belt
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Rubber Roofing
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by End Use Industry
8.1 Automotive
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Construction
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Manufacturing
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Electrical and Electronics
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Asahi Kasei Corporation
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Braskem
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Bridgestone Corporation
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Denka Company Limited
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.5 Lanxess AG
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 LG Chem Ltd.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 The Goodyear Tire and Rubber Company
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Trinseo PLC
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.9 TSRC Corporation
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.10 UBE Corporation
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 Yokohama Rubber Co. Ltd.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Zeon Corporation
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
Figure 1: Global: Industrial Rubber Market: Major Drivers and Challenges
Figure 2: Global: Industrial Rubber Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Industrial Rubber Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Industrial Rubber Market: Breakup by Type (in %), 2022
Figure 5: Global: Industrial Rubber Market: Breakup by Product (in %), 2022
Figure 6: Global: Industrial Rubber Market: Breakup by End Use Industry (in %), 2022
Figure 7: Global: Industrial Rubber Market: Breakup by Region (in %), 2022
Figure 8: Global: Industrial Rubber (Natural Rubber) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Industrial Rubber (Natural Rubber) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Industrial Rubber (Synthetic Rubber) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Industrial Rubber (Synthetic Rubber) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Industrial Rubber (Mechanical Rubber Goods) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Industrial Rubber (Mechanical Rubber Goods) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Industrial Rubber (Rubber Hose) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Industrial Rubber (Rubber Hose) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Industrial Rubber (Rubber Belt) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Industrial Rubber (Rubber Belt) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Industrial Rubber (Rubber Roofing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Industrial Rubber (Rubber Roofing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Industrial Rubber (Other Products) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Industrial Rubber (Other Products) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Industrial Rubber (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Industrial Rubber (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Industrial Rubber (Construction) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Industrial Rubber (Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Industrial Rubber (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Industrial Rubber (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Industrial Rubber (Electrical and Electronics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Industrial Rubber (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Industrial Rubber (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Industrial Rubber (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: North America: Industrial Rubber Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: North America: Industrial Rubber Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: United States: Industrial Rubber Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: United States: Industrial Rubber Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Canada: Industrial Rubber Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Canada: Industrial Rubber Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Asia-Pacific: Industrial Rubber Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Asia-Pacific: Industrial Rubber Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: China: Industrial Rubber Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: China: Industrial Rubber Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Japan: Industrial Rubber Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Japan: Industrial Rubber Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: India: Industrial Rubber Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: India: Industrial Rubber Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: South Korea: Industrial Rubber Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: South Korea: Industrial Rubber Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Australia: Industrial Rubber Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Australia: Industrial Rubber Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Indonesia: Industrial Rubber Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Indonesia: Industrial Rubber Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Others: Industrial Rubber Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Others: Industrial Rubber Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Europe: Industrial Rubber Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Europe: Industrial Rubber Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Germany: Industrial Rubber Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Germany: Industrial Rubber Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: France: Industrial Rubber Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: France: Industrial Rubber Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: United Kingdom: Industrial Rubber Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: United Kingdom: Industrial Rubber Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Italy: Industrial Rubber Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Italy: Industrial Rubber Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Spain: Industrial Rubber Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Spain: Industrial Rubber Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Russia: Industrial Rubber Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Russia: Industrial Rubber Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Others: Industrial Rubber Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Others: Industrial Rubber Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Latin America: Industrial Rubber Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Latin America: Industrial Rubber Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Brazil: Industrial Rubber Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Brazil: Industrial Rubber Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Mexico: Industrial Rubber Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Mexico: Industrial Rubber Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Others: Industrial Rubber Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Others: Industrial Rubber Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Middle East and Africa: Industrial Rubber Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Middle East and Africa: Industrial Rubber Market: Breakup by Country (in %), 2022
Figure 80: Middle East and Africa: Industrial Rubber Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Global: Industrial Rubber Industry: SWOT Analysis
Figure 82: Global: Industrial Rubber Industry: Value Chain Analysis
Figure 83: Global: Industrial Rubber Industry: Porter's Five Forces Analysis
Table 1: Global: Industrial Rubber Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Industrial Rubber Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Industrial Rubber Market Forecast: Breakup by Product (in Million US$), 2023-2028
Table 4: Global: Industrial Rubber Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
Table 5: Global: Industrial Rubber Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Industrial Rubber Market: Competitive Structure
Table 7: Global: Industrial Rubber Market: Key Players
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