Press Release / Industry / Industrial Rubber Market by Type, Application & End-Users Analysis Report 2018

Industrial Rubber Market by Type, Application & End-Users Analysis Report 2018

Description:
Industrial Rubbers are polymer materials that are characterized by ability of reversible deformation under influence of external deformation forces. The deformation depends on the molecular weight and structure of deformed rubber and on external conditions of deformation.

Major Categories of Industrial Rubbers Used Are:
Natural rubber
Synthetic rubber
Reclaimed rubber

Industrial Rubber Market: Overview
The growth of industrial rubber products consumption has been driven by strong demand from user segments. Industrial rubber finds application in a range of end use industries such building & construction, automotive and aerospace among others.

The global industrial rubber market is observing outstanding growth due to increasing demand from the automotive industry. Rapidly growing automotive sector in developing economies and augmented demand for high-performance tires and sealing products are expected to contribute to the growth of this market.

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Industrial Rubber Market: Segmentation
Segmentation: By Type
Based on type, the market is segmented into,
Natural rubber
Synthetic rubber
Among all types, the synthetic rubber accounted for the largest market share of the industrial rubber market in 2017.
This growth is attributed to rich availability of synthetic rubber products in the market, as these products are easily processed as compared to natural products.

Segmentation: By Product
Based on product, the global industrial rubber market is divided into,
Mechanical rubber goods
Rubber belt
Rubber hose
Rubber roofing and
The mechanical rubber good segment accounted for the largest product type of industrial rubber market in 2017.
This segment has observed steady growth due to increasing global output of motor vehicles and industrial machinery equipment.

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Industrial Rubber Market: Top Key Market Participants
The leading market players of the global industrial rubber market include,
Bando Chemical Industries
Ltd
Bridgestone Corporation
Carlisle Companies Inc.
Continental AG
Eaton Corporation PLC
Goodyear Tire & Rubber Corporation
LG Chem
Nichirin Co. Ltd.
Parker-Hannifin Corporation Trelleborg AB
Versalis S.P.A.
Yokohama Rubber Company Ltd.
Zeon Corporation among others.

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