Press release
Cellular Rubber Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025
Cellular Rubber Market
Nitrile rubber is suitable for applications in carburetor and fuel pump diaphragms, seals, aircraft hoses, and gaskets, owing to its properties such as excellent resistance to chemicals and oils and high durability. Styrene Butadiene Rubber (SBR) is used in processes that involve strong acids, ozone, greases, oils, fats and hydrocarbons. EPDM has excellent resistance to gas permeability and aging arising through steam exposure.
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Cellular Rubber Market Taxonomy
On the basis of product type, the global cellular rubber market is classified into:
Sheets
Rolls
On the basis of material, the global cellular rubber market is classified into:
Neoprene
EPDM
SBR blend
Silicone
On the basis of end use industry, the global cellular rubber market is classified into:
Automotive
Electronics
Space
Home Furnishing
Silicone cellular rubber is used in environmental seals for protection against penetration of dust, air, moisture, or light within outdoor additions such as HVAC units, lighting fixtures, and electronic cabinets. It is also used for vibration isolation in electronic modules and transportation vehicles. Foam blanks made from cellular rubber are used for the transportation and fitting of solar components and photovoltaic systems in flat roofs and systems used on open land. Cellular rubber is also used in fittings for protection against condensation and heat loss of cooling, ventilation systems and sanitary pipes. In spacecraft, cellular rubber is used for cable bushing, engine seals, light seals and cockpit insulation.
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Cellular Rubber Market Outlook – Rising Demand from Chemicals and allied Industries to be the Major Market Driver
Asia Pacific and North America are expected to be the most potential markets for cellular manufacturers. Asia Pacific is projected to witness relatively high growth in terms of value over the forecast period. According to IBEF, US$ 7.64 billion was generated by the Indian plastic industry in 2015-16. This included exports to countries such as US (US$ 898.45 million), UAE (US$ 422.74 million), Saudi Arabia (US$ 169.1 million), China (US$ 489.25 million), UK (US$ 287.68 million), Germany (US$ 290.03 million), Italy (US$ 286.9 million), Bangladesh (US$ 184.33 million), Turkey (US$ 285.23 million) and Nepal (US$ 161.09 million). India Brand Equity Foundation (IBEF) is a Trust established by the Ministry of Commerce and Industry, Department of Commerce in collaboration with the Government of India with the purpose of promoting and creating international awareness of goods manufactured in India.
Customizable properties catering to specific requirements are fueling the growth of cellular rubber market, especially in Asia Pacific and Middle East regions. Product innovation and expansion in various geographies is a key strategy adopted by the major players in the chloroform market. Monmouth Rubber, a leading manufacturer of foams and plastics has invented ecofriendly products in cellular and solid Neoprene products portfolio based on the limestone process. The limestone process, which is exclusively used by Monmouth Rubber is more environment friendly as compared to others. Some of the major companies operating in the global cellular rubber market include PANA Foamtec GmbH, GCP, Monmouth Rubber & Plastic Corp, Monmouth Rubber & Plastics Corp, Stockwell Elastomerics, Rogers Foam Corp, American Foam Rubber, LP, Saint Gobain Performance Plastics, Foam Rubber LLC, Metro Industries, and Ace Hose & Rubber Co. McMaster-Carr.
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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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