Title: Industrial Rubber Products Market - Forecast(2022 - 2027)
1Industrial Rubber Products MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report (2022 -
2027)
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(1) 970-236-3677
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- The industrial rubber market size is forecast to
reach US160 billion by 2026, after growing at a
CAGR of 7 during 2021-2026. -
- Natural rubber and synthetic rubber are often
used in various end-use industries for
applications such as belts, hoses, tubes, and
bearings. The rapid growth in tire manufacturing
has been contributing towards the industrial
rubber products industry growth. - In addition, there is a surge in the production
of medical equipment, which as a result is
increasing the demand for industrial rubber for
the manufacturing of medical equipment.
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Key Takeaways
- Asia-Pacific region dominates the industrial
rubber products market, owing to the increasing
automotive manufacturing in the region. For
instance, according to Invest India, India is
expected to be the world's third-largest
automotive market in terms of volume, and it is
estimated to reach US300 billion by 2026. - Synthetic rubber is extensively used across
various industries because it has a good heat
resistance and heat aging quality, which is
expected to aid towards the industrial rubber
products market growth.
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- By Distribution Channel- Segment Analysis
- The synthetic rubber segment held the largest
share in the industrial rubber products market in
2020. Synthetic rubber has its application across
industries where it is used in various parts and
components. - Synthetic rubber is preferred over natural
rubber, due to its better abrasion resistance, as
well as it has superior resistance to heat. The
advantage of synthetic rubber is that in
comparison with natural rubber, they are
available in different variants. -
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- Industrial Rubber Products Market Industry
Outlook - Bridgestone Corporation
- Cooper Standard Inc.
- Continental AG
- Freudenberg Group
- The Goodyear Tire Rubber Company
- HEXPOL AB
- Gates Corporation
- NOK Corporation
- Sumitomo Riko Company LTD.
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Industrial Rubber Products Market -
Forecast(2022 - 2027) Learn More About the
Report _at_ https//www.industryarc.com/Report/1590
0/industrial-rubber-products-market.html
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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/purchasereport.php?id15900
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
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Contact (1) 970-236-3677
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