Press release
Rubber Molding Market Size 2017 and Industry Estimated to Rise Profitably with CAGR 5.3% during Forecast Period 2017-2022
Global Rubber Molding Market Information by Components (Hoses, Gaskets, Diaphragm, Bellows, Seals, and Weather-strips), by Types (Liquid Injection Molding, Compression Molding, Transfer Molding, and Others), by Material (Ethylene Propylene Diene Terpolymer (EPDM), Natural Rubber (NR), Styrene-Butadiene Rubber (SBR), and Others), by Vehicle Type (Passenger Vehicle and Commercial Vehicle) and Region - Forecast to 2022
Market Scenario
The key drivers for the growth of the rubber molding market are technological advancements, growing demand for lightweight materials, and increasing vehicle production. EPDM by material contributes highest to the overall growth of the market. The main reason for the adoption of EPDM material by automotive applications are its stability in high and low temperature, low electrical conductivity, and resistance to UV exposure & many chemicals.
The Global Rubber Molding Market is expected to show a growth at CAGR of about 5.3% from 2016 to 2022.
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Regional Analysis of Global Rubber Molding Market
Asia-Pacific is expected to dominate the rubber molding market in the forecast period and is followed by Europe. China and India region has recently seen the increase in the demands for the automobiles, as the spending capability of the population is increasing. Economical and infrastructural growth in the Asian-Pacific region have boosted the growth of automobile market hence driving the market of rubber molding.
Key Players
The key players of Global Rubber molding Market report include- Continental AG, DANA Holding Corporation, Federal-Mogul Corporation, Hutchinson Sa, Cooper-Standard Holdings Inc., Toyoda Gosei Co., Ltd., Sumitomo Riko Co., Ltd., AB SKF, Freudenberg and Co. Kg, Trelleborg AB, and NOK Corporation.
Target Audience
• Manufacturers of automotive Rubber moldings
• Raw material suppliers
• Government and research organization
• Investment bankers and M&A Consultants
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Akash Anand,
Market Research Future
Pune – 411028
Maharashtra, India
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