Report cover image

Rubber Compound Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Publisher Fortune Business Insights Pvt. Ltd.
Published Nov 01, 2024
Length 198 Pages
SKU # FOB19302732

Description

Rubber Compound Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Rubber Compound Market

The rubber compound market size was valued at USD 32.93 billion in 2022, and the market is now projected to grow from USD 34.11 billion in 2023 to USD 44.24 billion by 2030, exhibiting a CAGR of 3.8% during the forecast period of 2023-2030.

The Associate Cabinets of automotive, construction, aerospace, electronics, etc. were most affected by the COVID-19 outbreak because of the active disruption of the supply chain and temporarily shutdowns. Several large industries demonstrated reduced production rates. However, mitigating measures, operational contingency measures, and government policies cropped up and averted the situation. Therefore, it is believed that the market will begin to rise in the upcoming years gradually.

The market is expected to generate a tremendous amount of growth in the coming years of the forecast period, largely due to the increasing demand across the automotive sector. Rubber finds its application in many automotive parts such as tires, automobile seats, rubber hoses for automobiles, and gaskets. Automotive industry was identified to be the biggest consumer of rubber where approximately 75 percent of total rubber production is used in manufacturing tires.

Increase in the usage of rubber compounds in footwear is forecast to drive the growth of the market. With the concomitant increase in demand for such types of shoes, there is a similar increase in the demand for more tenacious and high-performance rubber formulations to blend for such specific forms of shoes. This trend is beneficial in terms of growing the total curve for the industry overall.

Comprehensive Analysis of Rubber Compound Market

The rubber compound market growth is rising at an exponential rate due to its market segmentation. This market expansion rightfully provides a detailed local perspective of the market operating forces such as supply and demand forces that shape the industry. These segmentations are methodically segregated by type analysis, and by application analysis. By type analysis include styrene butadiene rubber, nitrile butadiene rubber, silicone rubber, EPDM rubber, and others. By application analysis include tires, hose and belts, wire and cable insulation, footwear, and others.

The Asia Pacific region lead the rubber compound market share by benefitting a market size of USD 17.70 billion in 2022 due to growing demand for consumer goods.

The role of the top players that we can see in the field of chemicals & advanced materials is highly important for causing the industrial prospectus development and identifying the corresponding market trends. These players include Synthos S.A., Apcotex Industries Ltd., Exxon Mobil Corporation, SABIC, SIBUR, DOW Chemical Company, ENEOS Holdings, Inc., Reliance Industries Limited, Kumho Petrochemical Co., Ltd., China Petrochemical Corporation these market players provide a level-playing competitive landscape.

In December 2022, Dow launched the SILASTIC SA 994X Liquid Silicone Rubber (LSR) series for automotive applications, expanding its product portfolio in the mobility and transportation industry.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2019-2021

Growth Rate CAGR of 3.8% from 2023-2030

Unit Value (USD Billion) and Volume (Kiloton)

Segmentation By Type

Styrene Butadiene Rubber

Nitrile Butadiene Rubber

Silicone Rubber

EPDM Rubber

Others

By Application

Tires

Hose and Belts

Wire and Cable Insulation

Footwear

Others

By Geography

North America (By Type, Application and Country)

U.S. (By Application)

Canada (By Application)

Europe (By Type, Application and Country)

Germany (By Application)

U.K. Italy (By Application)

France (By Application)

Italy (By Application)

Russia (By Application)

Rest of Europe (By Application)

Asia Pacific (By Type, Application and Country)

China (By Application)

India (By Application)

Japan (By Application)

South Korea (By Application)

Rest of Asia Pacific (By Application)

Latin America (By Type, Application and Country)

Brazil (By Application)

Mexico (By Application)

Rest of Latin America (By Application)

Middle East & Africa (By Type, Application and Country)

Saudi Arabia (By Application)

South Africa (By Application)

Rest of the Middle East & Africa (By Application)


Please Note: It will take 5-6 business days to complete the report upon order confirmation.

Table of Contents

198 Pages
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Regions
4.2. Key Developments: Mergers, Acquisition, Partnership, etc.
4.3. Latest Technological Advancement
4.4. Insights on Regulatory Scenario
4.5. Porters Five Forces Analysis
5. Qualitative Insights – Impact of COVID-19 on Global Rubber Compound Market
5.1. Supply Chain Challenges
5.2. Steps taken by Government/Companies to overcome this impact
5.3. Potential opportunities due to COVID-19 outbreak
6. Global Rubber Compound Market Analysis, Insights and Forecast, 2019-2030
6.1. Key Findings / Summary
6.2. By Type (Value and Volume)
6.2.1. Styrene Butadiene Rubber
6.2.2. Nitrile Butadiene Rubber
6.2.3. Silicone Rubber
6.2.4. EPDM Rubber
6.2.5. Others
6.3. By Application (Value and Volume)
6.3.1. Tires
6.3.2. Hose and Belts
6.3.3. Wire and Cable Insulation
6.3.4. Footwear
6.3.5. Others
6.4. By Region (Value and Volume)
6.4.1. North America
6.4.2. Europe
6.4.3. Asia Pacific
6.4.4. Latin America
6.4.5. Middle East & Africa
7. North America Rubber Compound Market Analysis, Insights and Forecast, 2019-2030
7.1. Key Findings / Summary
7.2. By Type (Value and Volume)
7.2.1. Styrene Butadiene Rubber
7.2.2. Nitrile Butadiene Rubber
7.2.3. Silicone Rubber
7.2.4. EPDM Rubber
7.2.5. Others
7.3. By Application (Value and Volume)
7.3.1. Tires
7.3.2. Hose and Belts
7.3.3. Wire and Cable Insulation
7.3.4. Footwear
7.3.5. Others
7.4. By Country (Value and Volume)
7.4.1. U.S.
7.4.1.1. By Application (Value and Volume)
7.4.1.1.1. Tires
7.4.1.1.2. Hose and Belts
7.4.1.1.3. Wire and Cable Insulation
7.4.1.1.4. Footwear
7.4.1.1.5. Others
7.4.2. Canada
7.4.2.1. By Application (Value and Volume)
7.4.2.1.1. Tires
7.4.2.1.2. Hose and Belts
7.4.2.1.3. Wire and Cable Insulation
7.4.2.1.4. Footwear
7.4.2.1.5. Others
8. Europe Rubber Compound Market Analysis, Insights and Forecast, 2019-2030
8.1. Key Findings / Summary
8.2. By Type (Value and Volume)
8.2.1. Styrene Butadiene Rubber
8.2.2. Nitrile Butadiene Rubber
8.2.3. Silicone Rubber
8.2.4. EPDM Rubber
8.2.5. Others
8.3. By Application (Value and Volume)
8.3.1. Tires
8.3.2. Hose and Belts
8.3.3. Wire and Cable Insulation
8.3.4. Footwear
8.3.5. Others
8.4. By Country (Value and Volume)
8.4.1. Germany
8.4.1.1. By Application (Value and Volume)
8.4.1.1.1. Tires
8.4.1.1.2. Hose and Belts
8.4.1.1.3. Wire and Cable Insulation
8.4.1.1.4. Footwear
8.4.1.1.5. Others
8.4.2. U.K.
8.4.2.1. By Application (Value and Volume)
8.4.2.1.1. Tires
8.4.2.1.2. Hose and Belts
8.4.2.1.3. Wire and Cable Insulation
8.4.2.1.4. Footwear
8.4.2.1.5. Others
8.4.3. France
8.4.3.1. By Application (Value and Volume)
8.4.3.1.1. Tires
8.4.3.1.2. Hose and Belts
8.4.3.1.3. Wire and Cable Insulation
8.4.3.1.4. Footwear
8.4.3.1.5. Others
8.4.4. Italy
8.4.4.1. By Application (Value and Volume)
8.4.4.1.1. Tires
8.4.4.1.2. Hose and Belts
8.4.4.1.3. Wire and Cable Insulation
8.4.4.1.4. Footwear
8.4.4.1.5. Others
8.4.5. Spain
8.4.5.1. By Application (Value and Volume)
8.4.5.1.1. Tires
8.4.5.1.2. Hose and Belts
8.4.5.1.3. Wire and Cable Insulation
8.4.5.1.4. Footwear
8.4.5.1.5. Others
8.4.6. Rest of Europe
8.4.6.1. By Application (Value and Volume)
8.4.6.1.1. Tires
8.4.6.1.2. Hose and Belts
8.4.6.1.3. Wire and Cable Insulation
8.4.6.1.4. Footwear
8.4.6.1.5. Others
9. Asia-Pacific Rubber Compound Market Analysis, Insights and Forecast, 2019-2030
9.1. Key Findings / Summary
9.2. By Type (Value and Volume)
9.2.1. Styrene Butadiene Rubber
9.2.2. Nitrile Butadiene Rubber
9.2.3. Silicone Rubber
9.2.4. EPDM Rubber
9.2.5. Others
9.3. By Application (Value and Volume)
9.3.1. Tires
9.3.2. Hose and Belts
9.3.3. Wire and Cable Insulation
9.3.4. Footwear
9.3.5. Others
9.4. By Country (Value and Volume)
9.4.1. China
9.4.1.1. By Application (Value and Volume)
9.4.1.1.1. Tires
9.4.1.1.2. Hose and Belts
9.4.1.1.3. Wire and Cable Insulation
9.4.1.1.4. Footwear
9.4.1.1.5. Others
9.4.2. India
9.4.2.1. By Application (Value and Volume)
9.4.2.1.1. Tires
9.4.2.1.2. Hose and Belts
9.4.2.1.3. Wire and Cable Insulation
9.4.2.1.4. Footwear
9.4.2.1.5. Others
9.4.3. Japan
9.4.3.1. By Application (Value and Volume)
9.4.3.1.1. Tires
9.4.3.1.2. Hose and Belts
9.4.3.1.3. Wire and Cable Insulation
9.4.3.1.4. Footwear
9.4.3.1.5. Others
9.4.4. South Korea
9.4.4.1. By Application (Value and Volume)
9.4.4.1.1. Tires
9.4.4.1.2. Hose and Belts
9.4.4.1.3. Wire and Cable Insulation
9.4.4.1.4. Footwear
9.4.4.1.5. Others
9.4.5. Southeast Asia
9.4.5.1. By Application (Value and Volume)
9.4.5.1.1. Tires
9.4.5.1.2. Hose and Belts
9.4.5.1.3. Wire and Cable Insulation
9.4.5.1.4. Footwear
9.4.5.1.5. Others
9.4.6. Rest of Asia Pacific
9.4.6.1. By Application (Value and Volume)
9.4.6.1.1. Tires
9.4.6.1.2. Hose and Belts
9.4.6.1.3. Wire and Cable Insulation
9.4.6.1.4. Footwear
9.4.6.1.5. Others
10. Latin America Rubber Compound Market Analysis, Insights and Forecast, 2019-2030
10.1. Key Findings / Summary
10.2. By Type (Value and Volume)
10.2.1. Styrene Butadiene Rubber
10.2.2. Nitrile Butadiene Rubber
10.2.3. Silicone Rubber
10.2.4. EPDM Rubber
10.2.5. Others
10.3. By Application (Value and Volume)
10.3.1. Tires
10.3.2. Hose and Belts
10.3.3. Wire and Cable Insulation
10.3.4. Footwear
10.3.5. Others
10.4. By Country (Value and Volume)
10.4.1. Brazil
10.4.1.1. By Application (Value and Volume)
10.4.1.1.1. Tires
10.4.1.1.2. Hose and Belts
10.4.1.1.3. Wire and Cable Insulation
10.4.1.1.4. Footwear
10.4.1.1.5. Others
10.4.2. Mexico
10.4.2.1. By Application (Value and Volume)
10.4.2.1.1. Tires
10.4.2.1.2. Hose and Belts
10.4.2.1.3. Wire and Cable Insulation
10.4.2.1.4. Footwear
10.4.2.1.5. Others
10.4.3. Rest of Latin America
10.4.3.1. By Application (Value and Volume)
10.4.3.1.1. Tires
10.4.3.1.2. Hose and Belts
10.4.3.1.3. Wire and Cable Insulation
10.4.3.1.4. Footwear
10.4.3.1.5. Others
11. Middle East & Africa Rubber Compound Market Analysis, Insights and Forecast, 2019-2030
11.1. Key Findings / Summary
11.2. By Type (Value and Volume)
11.2.1. Styrene Butadiene Rubber
11.2.2. Nitrile Butadiene Rubber
11.2.3. Silicone Rubber
11.2.4. EPDM Rubber
11.2.5. Others
11.3. By Application (Value and Volume)
11.3.1. Tires
11.3.2. Hose and Belts
11.3.3. Wire and Cable Insulation
11.3.4. Footwear
11.3.5. Others
11.4. By Country (Value and Volume)
11.4.1. GCC
11.4.1.1. By Applucation (Value and Volume)
11.4.1.1.1. Tires
11.4.1.1.2. Hose and Belts
11.4.1.1.3. Wire and Cable Insulation
11.4.1.1.4. Footwear
11.4.1.1.5. Others
11.4.2. South Africa
11.4.2.1. By Application (Value and Volume)
11.4.2.1.1. Tires
11.4.2.1.2. Hose and Belts
11.4.2.1.3. Wire and Cable Insulation
11.4.2.1.4. Footwear
11.4.2.1.5. Others
11.4.3. Rest of Middle East & Africa
11.4.3.1. By Application (Value and Volume)
11.4.3.1.1. Tires
11.4.3.1.2. Hose and Belts
11.4.3.1.3. Wire and Cable Insulation
11.4.3.1.4. Footwear
11.4.3.1.5. Others
12. Competitive Landscapes
12.1. Company Market Share/Market Ranking Analysis, By Key Players
12.2. Company Profiles
12.2.1. Apcotex Industries Ltd
12.2.1.1. Overview
12.2.1.2. Description
12.2.1.3. Product Portfolio
12.2.1.4. Financials (Data as available in public domain and/or on paid databases)
12.2.1.5. Recent Developments
12.3. China Petroleum & Chemical Corporation
12.3.1. Overview
12.3.2. Description
12.3.3. Product Portfolio
12.3.4. Financials (Data as available in public domain and/or on paid databases)
12.3.5. Recent Developments
12.4. Kumho Petrochemical Co., Ltd. (KKPC)
12.4.1. Overview
12.4.2. Description
12.4.3. Product Portfolio
12.4.4. Financials (Data as available in public domain and/or on paid databases)
12.4.5. Recent Developments
12.5. KUMHO PETROCHEMICAL
12.5.1. Overview
12.5.2. Description
12.5.3. Product Portfolio
12.5.4. Financials (Data as available in public domain and/or on paid databases)
12.5.5. Recent Developments
12.6. Reliance Industries Limited
12.6.1. Overview
12.6.2. Description
12.6.3. Product Portfolio
12.6.4. Financials (Data as available in public domain and/or on paid databases)
12.6.5. Recent Developments
12.7. SABIC
12.7.1. Overview
12.7.2. Description
12.7.3. Product Portfolio
12.7.4. Financials (Data as available in public domain and/or on paid databases)
12.7.5. Recent Developments
12.8. SIBUR
12.8.1. Overview
12.8.2. Description
12.8.3. Product Portfolio
12.8.4. Financials (Data as available in public domain and/or on paid databases)
12.8.5. Recent Developments
12.9. Synthos S.A.
12.9.1. Overview
12.9.2. Description
12.9.3. Product Portfolio
12.9.4. Financials (Data as available in public domain and/or on paid databases)
12.9.5. Recent Developments
12.10. Dow Chemical Company
12.10.1. Overview
12.10.2. Description
12.10.3. Product Portfolio
12.10.4. Financials (Data as available in public domain and/or on paid databases)
12.10.5. Recent Developments
12.11. ENEOS Holdings, Inc.
12.11.1. Overview
12.11.2. Description
12.11.3. Product Portfolio
12.11.4. Financials (Data as available in public domain and/or on paid databases)
12.11.5. Recent Developments
13. Strategic Recommendations

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us