The global market for industrial rubber products is projected to increase 5.8 percent per year to $140 billion in 2016. The Asia/Pacific region -- the largest market -- is also forecast to post the best annual growth, led by China. The motor vehicle market will grow the fastest while industrial equipment remains the largest market.
This study analyzes the $105.5 billion world industrial rubber product industry. It presents historical demand data for the years 2001, 2006 and 2011, and forecasts for 2016 and 2021 by market (e.g., industrial equipment, motor vehicles, construction, aerospace), product (e.g., mechanical goods, hose, belts, roofing), world region and for 27 countries.
The study also considers market environment factors, details industry structure, evaluates company market shares and profiles 39 industry players, including Hutchinson, Tokai Rubber and Tomkins.