Industrial Rubber Market – Global Forecast to 2022 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The "Industrial
Rubber Market by Application (Automotive, Building & Construction,
Industrial Manufacturing, Polymer Modification, Wire & Cable, Electrical
& Electronics, Bitumen Modification), Type, Product, and Region – Global
Forecast to 2022" report has been added to ResearchAndMarkets.com's
offering.

The industrial rubber market is projected to grow from US$26.99 billion
in 2017 to US$33.82 billion by 2022, at a CAGR of 4.6% between 2017 and
2022.

The application segment of the industrial rubber market includes
automotive, building & construction, industrial manufacturing, polymer
modification, wire & cable, electrical & electronics, bitumen
modification, coating, sealant & adhesive, and medical & healthcare. The
growth of the industrial rubber market can be attributed to the robust
economic outlook for the Asia Pacific, and the increased motor vehicle
production and sales across the globe.

The industrial rubber market is expected to witness significant growth
in a number of emerging economies, such as India, Thailand, Malaysia,
and Brazil. The industrial rubber market in developed economies, such as
the US and Japan, will witness market gains below the global average,
owing to sluggish growth in durable goods consumption and automotive
production.

One of the major restraints for the industrial rubber market growth is
environmental regulations and the health hazards associated with the
industrial rubber and its manufacturing. There are a number of
regulations for industrial rubber manufacturing; for example, butadiene
was listed as a toxic substance under the Canadian Environmental
Protection Act, 1999 (CEPA 1999). Such regulations have restricted the
growth of the global industrial rubber market.

Market Dynamics

Drivers

• Increasing Demand From the Automotive Industry
• Growing Demand in Asia Pacific

Restraints

• Environmental Regulations and Health Hazards Associated With
  Industrial Rubber

Opportunities

• Growing Demand for Eco-Friendly Rubber

Challenges

• Volatility in Raw Material Prices
• Overcapacity in Asia Pacific

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industrial Rubber Market, By Type

7 Industrial Rubber Market, By Product

8 Industrial Rubber Market, By Application

9 Industrial Rubber Market, By Region

10 Competitive Landscape

11 Company Profiles

• American Synthetic Rubber Company
• Asahi Kasei Advance Corporation
• Exxonmobil
• Firestone Polymers
• Group Dynasol
• Indian Synthetic Rubber Private Limited
• JSR Corporation
• Kraton Corporation
• Kumho Petrochemical
• LG Chem
• Lanxess
• Lion
• Nizhnekamskneftekhim
• Petrochina
• Rishiroop
• Sibur
• Sinopec
• Synthos
• TSRC Corporation
• The Goodyear Tire and Rubber Company
• Tosoh Corporation
• Trinseo
• UBE Industries
• Versalis S.P.A.
• Zeon Corporation

For more information about this report visit https://www.researchandmarkets.com/research/d4m2nn/industrial_rubber?w=4

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Related
Topics: Rubber