Global Industrial Rubber Products by Product and Market, 4th Edition

Report Overview

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Outlook for Global Industrial Rubber Market to Improve Through 2021

Growth at the world level will be driven by rising motor vehicle and machinery output, and the expansion of global motor vehicle, heavy equipment, and industrial machinery stocks. A shift toward more expensive product types in developing nations, together with the development of new, high-end industrial rubber products for mature markets, will contribute to market gains as well.

Key Findings in the Global Industrial Rubber Products Study:

China to Account for Two-Fifths of All New Global Product Demand

Sales of industrial rubber products in China, the world’s largest market, are projected to advance 8% annually through 2021 as its large transportation equipment, machinery, and other durable goods industries expand at an impressive pace, supported by additional inflows of foreign capital. A shift toward more expensive product types will fuel growth as well.

India to Register Faster Growth than All Other Major Markets

India’s industrial rubber products market is forecast to grow 10% per annum during the 2016-2021 period, causing product demand to increase by two-thirds. As shipments of motor vehicles and machinery, and India’s motor vehicle park, grow at a rapid pace through 2021, and construction spending increases considerably, sales of rubber goods will surge.

Sales of Rubber Goods for Industrial Equipment Applications to Increase Considerably

The large industrial equipment market for rubber goods is expected to account for more than half of all new product demand during the 2016-2021 period as global machinery output expands at a health rate, the worldwide stock of heavy equipment and industrial machinery grows considerably, and more sophisticated rubber products are developed for industrial equipment applications.

Study Coverage

This industry study presents historical demand (2006, 2011, and 2016) and forecasts for 2021 by product (mechanical goods, hose, belts, and other industrial rubber products) and by market (industrial equipment, motor vehicle OEM, motor vehicle aftermarket, and other markets). The study also analyzes the structure of the global industrial rubber products industry and presents company market share in dollar terms for the world’s leading suppliers, including Continental, Cooper-Standard, Federal-Mogul, Freudenberg, Gates, NOK, Sumitomo Electric, Total, Toyoda Gosei, and Trelleborg.

This study analyzes the global market for industrial rubber products. The following types of products are included:

• mechanical rubber goods (bellows, vehicular body seals, vibration control components, wiper blades, etc.)
• hose (vehicular, fluid power, water, air, and other industrial)
• belts (both flat and nonflat)
• other products (roofing membranes, film, flooring and wall coverings, geomembranes, roll coverings, sheet, etc.)

Excluded from the scope of the study are

• tires and related products (such as inner tubes and tread rubber, wire and cable jacketing)
• gaskets and most seals (with the exception of vehicular body seals)
• druggist and medical rubber sundries (such as gloves and prophylactics)
• medical rubber tubing
• coated fabrics and rubber clothing
• balloons
• toys
• life rafts and boats
• rubber bands

The term “rubber” as used in this study includes products made from both thermoset (natural or synthetic rubber) and thermoplastic elastomers, including blends. Major markets for industrial rubber products include industrial equipment, motor vehicles, construction, aerospace, and all other applications.