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Global rubber molding market projected to reach $51.42 billion by 2026

  11/8/2019 - Selbyville, DE - The rubber molding market size was projected to reach $51.42 billion by 2026, and is anticipated to grow at a CAGR of 5.7 percent during the forecast period, according to research by Market Study Report, LLC. The well-known companies profiled in the report include Freudenberg and Co. Kg, Continental AG, Sumitomo Riko Co., Ltd., NOK Corporation, Federal-Mogul Corporation, Hutchinson SA, Toyoda Gosei Co., Ltd., Trelleborg AB, Bohra Rubber Pvt. Ltd. and Steele Rubber Products, among others. These companies are consistently launching new products to enhance their offerings in the rubber molding industry. With the advancement of technologies, companies are innovating and introducing new customized products to cater to the growing needs of customers. Leading companies are also acquiring other companies and enhancing their product offerings to improve their reach in the market. Rubber molding is increasingly being used in manufacturing of automotive parts. The growing urbanization and improving living standards have increased the demand for automobiles, thereby supporting the market growth. The growth in the global automotive industry and increasing average life of vehicles have resulted in market growth. The growing need for improved fuel efficiency and reduced rolling resistance accelerates the demand for rubber molding. Other driving factors include rapid industrialization, production at faster rates, and modernization of industrial machinery. Increasing demand from developing nations, an increasing trend towards green materials, stringent government regulations regarding vehicular emissions and safety, and technological advancements are expected to provide numerous growth opportunities to the market players during the forecast period. In 2017, the automotive segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market during the forecast period. The injection molding process is categorized into three types: namely, organic rubber injection, liquid injection molding and thermoplastic rubber. Organic rubber injection offers benefits such as elimination of operator placement of pre-forms, easy flow into the cavities owing to decreased viscosity of materials, and quicker cycle times than compression and transfer molding. Liquid injection molding offers benefits such as reduced contamination, optimized cycle times, biocompatibility, inertness and stability, flexibility and superior heat resistance. The features offered by thermoplastic rubber include simplified processing, and recyclable scraps and parts. Asia-Pacific generated the highest revenue in the rubber molding market in 2018 and is expected to lead the global market throughout the forecast period. The presence of emerging industries such as healthcare, construction and automotive, substantial initiatives in research and development, and stringent government policies regarding vehicular emissions, performance and safety drive the market growth. Rapid industrialization and growth of the manufacturing industry further support market growth in the region.

Tuesday, November 12, 2019

Global butyl rubber market forecast with a CAGR of 4.7 percent through 2024 - click to expand

Bridgestone wins trademark infringement lawsuit against Chinese tire manufacturer - click to expand

Solvay to raise Tecnoflon fluoroelastomer FKM capacity in Italy by 30 percent - click to expand

Mississippi Lime attains ISO certification - click to expand

Safic-Alca publishes sustainability report - click to expand

Geon Performance Solutions appoints Tracy Garrison chief executive officer - click to expand

Monday, November 11, 2019

Lubrizol expands halogen-free Estane ZHF TPU portfolio - click to expand

United Soft Plastics opens TPE facility in Houston - click to expand

West Pharmaceutical Services launches two elastomer product innovations at CPhI Worldwide - click to expand

Trinseo reports third quarter 2019 financial results - click to expand

Global silicone market forecast at $91.4 billion by 2026 - click to expand

Global latex-saturated paper market forecast at $3.67 billion by 2026 - click to expand

Friday, November 8, 2019

Book of the Day - Rubber Extrusion Technology Short Course Notes - click to expand

Global rubber molding market projected to reach $51.42 billion by 2026 - click to expand

Borealis and Borouge launch custom compounding service - click to expand

Apollo Tyres collaborates with GARC to establish first tire test track in India - click to expand

AirBoss announces third quarter financial results and dividend - click to expand

Tire Industry Association partners with retreading authority and releases two training programs - click to expand

Thursday, November 7, 2019

Winter tires market remains hotly contested as a $43 billion opportunity is in the offing - click to expand

Silicone gel market size to grow with a CAGR of 8.2 percent through 2025 - click to expand

MidAtlantic Rubber and Plastics Group holds educational symposium at Lehigh University - click to expand

Arlanxeo to close Keltan production unit in Orange, Texas - click to expand

Hexpol announces the departure of president Tracy Garrison - click to expand

Yokohama Tire sweeps SEMA Show’s Best New Tire awards - click to expand

Wednesday, November 6, 2019

Global Rubber Conference 2019 to be held in Hainan, China, December 12-14 - click to expand

Ontario Rubber Group meets November 19 - click to expand

ACE Products & Consulting announces CubeOne Robot - click to expand

Apollo Tyre reports second quarter financial results - click to expand

Specialty carbon black market forecast with a CAGR of 8.1 percent through 2025 - click to expand

Tuesday, November 5, 2019

Europe Rubber & Latex Expo 2020 to be held May 6-7 in Budapest, Hungary - click to expand

Goodyear accepting nominations for annual Highway Hero Award - click to expand

Cooper Tire plans to acquire 100 percent of its Mexico joint venture manufacturing facility - click to expand

Falken Wildpeak A/T Trail 01A chosen as original equipment for the 2020 Toyota RAV4 - click to expand

Global fluorosilicone rubber market forecast with a CAGR of 5.51 percent through 2025 - click to expand

Silicone adhesives market forecast with a CAGR of 8.2 percent through 2025 - click to expand

Market Reports

Global Butyl rubber market forecast with a CAGR of 4.7% through 2024 - click to expand

Global silicone market forecast at $91.4 billion by 2026 - click to expand

Silicone Oil market worldwide is projected to grow by $805.5 million - click to expand

Global latex-saturated paper market forecast at $3.67 billion by 2026 - click to expand

Global rubber molding market projected to reach $51.42 billion by 2026 - click to expand

Winter tires market remains hotly contested as a $43 billion opportunity is in the offing - click to expand

Silicone gel market size to grow with a CAGR of 8.2% through 2025 - click to expand

Specialty carbon black market forecast with a CAGR of 8.1% through 2025 - click to expand

Silicone adhesives market forecast with a CAGR of 8.2% through 2025 - click to expand

Rubber bonded abrasives market forecast with a CAGR of 4.2% through 2025 - click to expand

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