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Nov 13, 2019 9:40 AM ET

Rubber Market Worth by Top International Players USD 60.38 Billion by 2026| Fortune Business Insights


Rubber Market Worth by Top International Players USD 60.38 Billion by 2026| Fortune Business Insights

iCrowd Newswire - Nov 13, 2019

The global rubber market is anticipated to gain impetus from a rise in the demand from tire and non-tire automotive parts sector. This information is published in a report by Fortune Business Insights, titled, “Rubber Market Size, Share and Industry Analysis, By Type (Natural, and Synthetic), By Application (Tire, Non-Tire Automotive, Footwear, Industrial Goods, and Others), and Regional Forecast, 2019-2026.” The report further mentions that the rubber market size is projected to reach USD 60.38 Billion by 2026, thereby exhibiting a CAGR of 5.1% during the forecast period. However, the market was valued at USD 40.71 Billion in 2018. Furthermore, rubber consists of numerous crucial properties, namely, high flexibility, insulation property, and weather resistance. Hence, it is used in manufacturing non-flat belts, elevators, and transmission belts.

Browse Complete Report [email protected] https://www.fortunebusinessinsights.com/industry-reports/rubber-market-101612

Fortune Business Insights profiles few of the most prominent companies operating in the rubber market. They are as follows:

Get Sample PDF [email protected] https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/rubber-market-101612

The report provides a detailed analysis of the rubber market growth rate and size for all the significant segments. It further offers qualitative and quantitative insights into the industry, such as rubber market trends, growth drivers, hindrances, competitive landscape, and challenges. It also aids in highlighting and analyzing the most important business strategies of renowned market players. Combined with this, it presents accurate information regarding market value, size, and volume.

North America to Dominate: Increasing Demand from Automotive and Footwear Industries to Boost Growth

The rubber market is geographically divided into Europe, the Middle East and Africa, North America, Latin America, and Asia Pacific. Out of these regions, North America is projected to dominate the market during the forecast period. It would occur due to the increasing demand for rubber from footwear and automotive applications. Additionally, the ongoing technological advancements and a rise in the applications in textile and chemical industry would contribute to the rubber market growth in this region.

The Middle East and Africa and Latin America are anticipated to showcase lower growth as compared to the other regions. It is likely to happen due to reduced production of tires, expensive nature of synthetic rubber, and increasing dependency on the imports of natural rubber.

Table of Content from rubber market

1. Introduction of rubber market

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 Industry Trends

4.2. Overview of Global Natural Rubber Production

4.3. Overview of Global Synthetic Rubber Production

4.4. Overview of Global Automotive Production

5. Global Rubber Market Analysis, Insights and Forecast, 2014-2025

5.1. Key Findings / Summary

5.2. Market Analysis, Insights and Forecast By Type

5.2.1. Natural Rubber

5.2.2. Synthetic Rubber

5.3. Market Analysis, Insights and Forecast By Application

5.3.1. Tire

5.3.2. Non-Tire Automotive

5.3.3. Footwear

5.3.4. Industrial Goods

5.3.5. Others

5.4. Market Analysis, Insights and Forecast By Region

5.4.1. North America

5.4.2. Europe

5.4.3. Asia pacific

5.4.4. Latin America

5.4.5. Middle East and Africa

6. North America Rubber Market Analysis, Insights and Forecast, 2014-2025

TOC Continued………!!!!!!!!!!!

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About Us:

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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