Rubber Testing Equipment Market Growth, Technology Advancements and Industry Outlook 2021 to 2025

The report presents an in-depth assessment of the Rubber Testing Equipment Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Rubber Testing Equipment from 2021 till 2025. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry is pointed out.

The rubber testing equipment market was valued at USD 11.91 billion in 2019 and is expected to reach USD 16.09 billion by 2025, at a CAGR of 5% over the forecast period 2020- 2025. 

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Rubber Testing Equipment Market: Alpha Technologies, TA Instruments Inc., U-Can Dynatex Inc., Montech Rubber Testing Instruments, Goettfert, Inc., Prescott Instruments Ltd., Ektron Tek Co. Ltd., Gotech Testing Machines, Norka Instruments, Sanghai Ltd., Gibitre Instruments Srl and others.

Key Developments:

- October 2018 - GOETTFERT GmbH from Buchen (Germany) introduced innovative measurement instruments for quality control, as well as R&D of rubber compounds at the German Rubber Conference (DKT) in Nrnberg. The rubber capillary rheometer (RCR) is able to test the flow behavior of rubber very close to processing conditions. To generate a processability test for injection molding and extrusion, the RCR incorporates the basic functions of a Rheovulkameter and with it, achieves excellent correlation with extrusion and injection molding data.

Scope of the Report
The formulation of ASTM standards proved to be quite beneficial for the rubber testing market. The increase in the production of synthetic rubber has augmented the demand for testing equipment. Automation has empowered the rubber testing market by offering better control over test samples and managing the data obtained. Automation has reduced manual intervention in loading and unloading samples from the testing equipment.

Regional Analysis For Rubber Testing Equipment Market:

North America (The United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Market Key Trends:

Tires Demand Have Driven the Rubber Testing Equipment Market
- Rubber testing equipment for tires is widely used for determining the tensile strength and elongation of rubber and other materials. The equipment is specially designed for dynamic and static testing of tires. It identifies the tire performance and attributes and defines the effect of the tires design on the dynamics of the vehicles.
- Tire testing encompasses a detailed analysis of several properties, such as durability and endurance, force, moment, indoor tread wear, accelerated aging, government regulatory testing, and failure analysis.
- The increasing number of vehicles with the presence of off-the-road tires i.e. OTR, heavy truck tires, and light truck and passenger car tires, has driven the rubber testing equipment market, globally. Evolution of different types of tire testing techniques, such as endurance testing and radical run-out testing, has further boosted the growth of the market.
- Global sales of passenger cars reached over 78 million vehicles in 2017. Along with China, the United States is among the most significant automobile markets worldwide, both in terms of sales and production. Over 6.3 million passenger cars were sold to US customers, and around four million cars were produced in the United States in 2017.

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Rubber Testing Equipment Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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