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Industrial Rubber Market Leaders Profiles and Achievements of Top Companies

01-29-2025 10:56 AM CET | Chemicals & Materials

Press release from: Allied Market Research (AMR)

Industrial Rubber Market

Industrial Rubber Market

The global industrial rubber market is witnessing significant growth, fueled by rising demand from the automotive industry and increasing construction activities worldwide. According to a report by Allied Market Research, the market was valued at $31.3 billion in 2019 and is projected to reach $44.6 billion by 2026, growing at a CAGR of 5.2% from 2019 to 2026.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ: https://www.alliedmarketresearch.com/request-sample/6275

Market Drivers and Opportunities:

The surge in demand for industrial rubber across automotive and construction applications is a key growth driver. However, fluctuating raw material prices pose challenges to market expansion. Despite this, advancements in rubber manufacturing technologies are expected to unlock lucrative opportunities for industry players.

Segment Insights

- By Type: The synthetic rubber segment accounted for over three-fifths of the total market share in 2019 and is projected to remain dominant through 2026. This segment is also expected to register the fastest CAGR of 5.7%, driven by its superior abrasion resistance compared to natural rubber.

- By End-Use Industry: The automotive sector led the market in 2019, contributing over one-third of the total revenue share. This segment is also anticipated to experience the highest growth, with a CAGR of 6.0% through 2026. Other key industries analyzed include construction, electrical & electronics, and manufacturing.

๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐ข๐ง ๐๐ซ๐จ๐œ๐ฎ๐ซ๐ข๐ง๐  ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ? ๐•๐ข๐ฌ๐ข๐ญ ๐‡๐ž๐ซ๐ž: https://www.alliedmarketresearch.com/industrial-rubber-market/purchase-options

Regional Analysis:

Asia-Pacific dominates the industrial rubber market, accounting for over one-third of the global share. The region is projected to witness the highest CAGR of 5.8% from 2019 to 2026, driven by the expansion of manufacturers in economies such as China, India, and Japan. The report also examines market trends across North America, Europe, and LAMEA.

Key Market Players

Leading companies operating in the industrial rubber market include:

- Sinopec Corporation
- The Goodyear Tire & Rubber Company
- LG Chem Ltd.
- Bridgestone Corporation
- Toyo Tire & Rubber Co., Ltd.
- Arkema S.A.
- Lotte Chemical Corporation
- Celanese Corporation
- Braskem S.A.
- United Rubber Industries India Pvt. Ltd.

๐Ž๐›๐ญ๐š๐ข๐ง ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ: https://www.alliedmarketresearch.com/industrial-rubber-market

Contact:

David Correa

United States

1209 Orange Street,

Corporation Trust Center,

Wilmington, New Castle,

Delaware 19801 USA.

Int'l: +1-503-894-6022

Toll Free: +1-800-792-5285

Fax: +1-800-792-5285

help@alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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