+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Industrial Rubber Products - Global Market Trajectory & Analytics

  • ID: 338427
  • Report
  • February 2022
  • Region: Global
  • 706 Pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Airboss of America Corp.
  • ContiTech AG
  • Eaton Corporation
  • Gates Corporation
  • JSJ Corporation
  • NOK Corporation

Global Industrial Rubber Products Market to Reach $145 Billion by 2027


Amid the COVID-19 crisis, the global market for Industrial Rubber Products estimated at US$100.1 Billion in the year 2020, is projected to reach a revised size of US$145 Billion by 2027, growing at a CAGR of 5.4% over the analysis period 2020-2027. Mechanical Rubber Goods, one of the segments analyzed in the report, is projected to record a 5% CAGR and reach US$60 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Rubber Hose & Belting segment is readjusted to a revised 6.3% CAGR for the next 7-year period.



The U.S. Market is Estimated at $19.8 Billion, While China is Forecast to Grow at 6.3% CAGR


The Industrial Rubber Products market in the U.S. is estimated at US$19.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$38.7 Billion by the year 2027 trailing a CAGR of 6.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 4.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR.

Other Product Segments Segment to Record 4.6% CAGR


In the global Other Product Segments segment, USA, Canada, Japan, China and Europe will drive the 4.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$15.6 Billion in the year 2020 will reach a projected size of US$21.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$20.6 Billion by the year 2027, while Latin America will expand at a 4.8% CAGR through the analysis period.

Select Competitors (Total 321 Featured) -

  • Airboss of America Corp.
  • Avon Rubber p.l.c.
  • Bando Chemical Industries, Ltd.
  • Bridgestone Corporation
  • ContiTech AG
  • Cooper Standard
  • Dayco Products, LLC
  • Eaton Corporation
  • EnPro Industries, Inc.
  • Federal-Mogul Corporation
  • Gates Corporation
  • Habasit AG
  • Hutchinson S.A.
  • JSJ Corporation
  • Sparks Belting Company
  • Meiji Rubber & Chemical Co., Ltd.
  • Mitsuboshi Belting Ltd.
  • Nichirin Co., Ltd.
  • NOK Corporation
  • Parker-Hannifin Corporation
  • Patch Rubber Company
  • Semperit AG Holding
  • Sumitomo Riko Company Limited
  • Sumitomo Rubber Industries Ltd.
  • The Freudenberg Group
  • The Yokohama Rubber Company Ltd.
  • Toyo Tire Corporation
  • Toyoda Gosei Company Limited
  • Trelleborg AB
Frequently Asked Questions about the Global Market for Industrial Rubber Products

What is the estimated value of the Global Market for Industrial Rubber Products?

The Global Market for Industrial Rubber Products was estimated to be valued at $100.1 Billion in 2020.

What is the growth rate of the Global Market for Industrial Rubber Products?

The growth rate of the Global Market for Industrial Rubber Products is 5.4%, with an estimated value of $145.0 Billion by 2027.

What is the forecasted size of the Global Market for Industrial Rubber Products?

The Global Market for Industrial Rubber Products is estimated to be worth $145.0 Billion by 2027.

Who are the key companies in the Global Market for Industrial Rubber Products?

Key companies in the Global Market for Industrial Rubber Products include Airboss of America Corp., Avon Rubber p.l.c., Bando Chemical Industries, Ltd., Bridgestone Corporation, ContiTech AG, Cooper Standard, Dayco Products, LLC, Eaton Corporation and Federal.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Airboss of America Corp.
  • ContiTech AG
  • Eaton Corporation
  • Gates Corporation
  • JSJ Corporation
  • NOK Corporation

I. METHODOLOGY


II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Rubber Demand Under Stress During the COVID-19 Outbreak
  • Global Rubber Production (in Million Tons) for the Years 2012-2019
  • Pandemic Crisis Weakens Economic Environment, Triggering Negative Tide in GDP
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021
  • Global PMI Index Points for the Years 2018, 2019 & 2020
  • Industrial Rubber Products: Recovering Economy to Propel Market Growth
  • Futuristic Demand for Automobile to Bode Well for the Market
  • Reclaimed Rubber to Witness Increased Adoption
  • Regional Market Analysis: Developing Markets to Lead Growth
  • World Industrial Rubber Products Market (2020 & 2027): Percentage Breakdown of Sales for Developed and Developing Regions
  • World Industrial Rubber Products Market - Geographic Regions Ranked by Value CAGR for 2020-2027: China, Asia-Pacific, Latin America, Middle East, Africa, USA, Europe, Canada, and Japan
  • Mechanical Rubber Goods Category Continues to Lead the Market
  • Market by Rubber Type
  • World Industrial Rubber Products Market by Rubber Type (2020 & 2027): Percentage Breakdown of Sales for Natural, Styrene Butadiene, Polybutadiene, Ethylene-Propylene, Nitrile Butadiene, and Other Rubber Types
  • Competitive Landscape
  • Recent Market Activity
  • Select Global Brands
  • Industrial Rubber Products - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Automotive Industry: Major End-Use Market
  • Reduction in Automotive Demand in 2020 (In Million Vehicles)
  • World Automobile Production in Million Units for 2008-2022
  • Rubber Products Relevant in Automotive OEM & Aftermarket Applications
  • Increasing Average Life of Vehicles: Fertile Environment for Rubber Products
  • Average Age of Light Vehicles in the United States for the Years 2007, 2011, 2015 & 2019
  • Average Age of Passenger Cars & Light Commercial Vehicles in the United States for the Years 2011, 2015 & 2019
  • Average Age of Vehicles in the EU for the Years 2011, 2015 & 2019
  • Average Age of Passengers Cars in the EU by Select Countries for 2019
  • Relevance of Rubber Products in Construction & Infrastructure Sector
  • Global Construction Spending (In US$ Trillion) for 2019, 2020 & 2021
  • Projected Infrastructure Investment Needed (in US$ Trillion) by Region Over the Period 2016-2040
  • Global Infrastructure Spending: Projected Infrastructure Investment Needs (in $ Trillion) by Sector Over the Period 2016-2040
  • Key Applications of Industrial Rubber Products in Construction & Infrastructure Projects
  • Industrial Machinery Trends Influence Rubber Products Market
  • Importance of Rubber Products in Aerospace Applications
  • Opportunities in Other End-Use Markets
  • Wiper Blades Market: Safety Drives Demand
  • Factors Affecting the Wiper Systems Market - On a Scale of 1-5 Market Drivers
  • Enhancements in Wiper Blade Market
  • Vehicular Hose Market: An Insight
  • New Designs and Superior Performance Qualities Boost Market
  • Growing Threat from Substitute Products: The Ongoing Challenge
  • Stiff Competition from Thermoplastic Elastomers
  • Technological Advancements Lower Demand for Replacement Parts
  • Chloroprene Rubber Seeks to Widen Addressable Market
  • Adhesives Market: Largest Consumer of Chloroprene Rubber
  • Chloroprene Rubber Vs Other Polymers in Contact Adhesive Formulations
  • Global Adhesives Market by Application (in %): 2020
  • Product Innovations & Advancements Augur Well
  • Ford Pioneers Use of Soy Oil-Based Rubber
  • Environmental Issues
  • Environmental Issues Concerning Rubber Products Manufacturing Industry
  • Measures to Prevent Environmental Pollution
  • Environmental Concerns Drive Focus onto Recycled Products
  • Regulatory Environment
  • Environmental Protection Agency (EPA)
  • Occupational Safety and Health Administration (OSHA)
  • ISO Technical Committees (ISO/TCs)
  • An Introduction to Industrial Rubber Products
  • Mechanical Rubber Goods
  • Rubber Hoses
  • Rubber Belting
  • Rubber Hose and Belting: A Perspective
  • Other Industrial Rubber Products
  • Fabricated Rubber Products
  • World Rubber Production and Consumption Scenario
  • Global Rubber Production (2019): Percentage Breakdown of Production Volume by Rubber Type
  • Global Production of Natural and Synthetic Rubber (2019): Percentage Breakdown of Production Volume by Geographic Region
  • Global Rubber Consumption (2019): Percentage Breakdown of Consumption Volume for Natural and Synthetic Rubber
  • Global Consumption of Natural and Synthetic Rubber (2019): Percentage Breakdown of Consumption Volume by Geographic Region
  • Rubber Manufacturing Processes Undergo Drastic Changes
  • Stages of Rubber Manufacturing
  • Manufacturing Processes for Different Industrial Rubber Products
  • Types of Rubber
  • Material and Technology Analysis

4. GLOBAL MARKET PERSPECTIVE


III. MARKET ANALYSIS

UNITED STATES

  • Industrial Rubber Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
  • Market Overview
  • Manufacturing Activities Come to a Halt amidst COVID-19 Crisis
  • Demand Trends in Industrial Rubber Products Set the Tone for Mechanical Rubber Goods and Rubber Hoses & Belts
  • Automotive: The Largest End-Use Application Market

CANADA

  • Market Overview

JAPAN

  • Industrial Rubber Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)

CHINA

  • Industrial Rubber Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
  • China: A Leading Rubber Consumer
  • COVID-19 Pandemic Affects the China’s Manufacturing Activity, Affecting Growth Outlook
  • Industrial Rubber Products Market in China: Breakdown of Value Sales (in %) by Product for 2019
  • A Brief Note on China’s Automotive Industry
  • Automotive Rubber Hose Market: An Insight
  • Automotive Rubber Hose Market in China (2019): Percentage Breakdown of Volume Demand by Segment - New Vehicles and Old Vehicles

EUROPE

  • Industrial Rubber Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
  • Brief Overview

FRANCE

  • Industrial Rubber Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)

GERMANY

  • Industrial Rubber Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)

ITALY

UNITED KINGDOM

  • Industrial Rubber Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)

SPAIN


RUSSIA


REST OF EUROPE

ASIA-PACIFIC

  • Industrial Rubber Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
  • Market Overview

AUSTRALIA

  • Industrial Rubber Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2022 (E)

INDIA

  • Industrial Rubber Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2022 (E)
  • Market Overview
  • Rubber Production (in Metric Tons) in India by Type: 2019 & 2020
  • Rubber Consumption (in Metric Tons) in India by Type: 2019 & 2020
  • Rubber Prices to Decline due to COVID-19 Pandemic

SOUTH KOREA

REST OF ASIA-PACIFIC

  • An Insight into Indonesian Rubber Industry
  • Malaysia: A Major Rubber Producer Worldwide
  • Rubber Production (in Thousand Tons) in Malaysia: 2012-2019

LATIN AMERICA

  • Industrial Rubber Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2022 (E)

ARGENTINA


BRAZIL


MEXICO


REST OF LATIN AMERICA

MIDDLE EAST

  • Industrial Rubber Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2022 (E)

AFRICA

  • Industrial Rubber Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2022 (E)

IV. COMPETITION

  • Total Companies Profiled: 321
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Airboss of America Corp.
  • Avon Rubber p.l.c.
  • Bando Chemical Industries, Ltd.
  • Bridgestone Corporation
  • ContiTech AG
  • Cooper Standard
  • Dayco Products, LLC
  • Eaton Corporation
  • EnPro Industries, Inc.
  • Federal-Mogul Corporation
  • Gates Corporation
  • Habasit AG
  • Hutchinson S.A.
  • JSJ Corporation
  • Sparks Belting Company
  • Meiji Rubber & Chemical Co., Ltd.
  • Mitsuboshi Belting Ltd.
  • Nichirin Co., Ltd.
  • NOK Corporation
  • Parker-Hannifin Corporation
  • Patch Rubber Company
  • Semperit AG Holding
  • Sumitomo Riko Company Limited
  • Sumitomo Rubber Industries Ltd.
  • The Freudenberg Group
  • The Yokohama Rubber Company Ltd.
  • Toyo Tire Corporation
  • Toyoda Gosei Company Limited
  • Trelleborg AB
Note: Product cover images may vary from those shown