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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.

Wednesday, January 29, 2020

Retread tire market growing with a CAGR of 4.9 percent through 2027 - click to expand

Global automated handling market forecast to reach $60 billion by 2025 - click to expand

Cimcorp appoints Jarkko Hakkarainen as general manager of its newly established office in Madrid - click to expand

Specialty Silicone Products adds capacity with second mill and EMI extruder - click to expand

Michelin named top tire manufacturer among world’s most admired companies - click to expand

Tuesday, January 28, 2020

Cooper Tire completes acquisition of Mexico joint venture plant - click to expand

Global industrial robotics market likely to surpass $24 billion by 2025 - click to expand

GM invests $2.2 billion in first assembly plant completely devoted to electric vehicles - click to expand

Eastman experts to discuss increased performance, efficiency in tire production - click to expand

Global personal protection equipment market forecast at $73 billion by 2026 - click to expand

Monday, January 27, 2020

Toyo Tire releases videos on its tire development technologies co-produced with Discovery Channel - click to expand

Denka develops acrylic elastomer with heat resistance up to 190 degrees Celsius - click to expand

R.D. Abbott and Alpha Technologies offer one-day course on rheology applications - click to expand

Global polychloroprene market projected to grow at a CAGR of 4.1 percent through 2025 - click to expand

NPE2021 and ChinaPlas correct scheduling conflict - click to expand

India issues quality control orders on various steel imports - click to expand

Friday, January 24, 2020

Michelin announces PennyForAFreeRide scholarship winner - click to expand

Disposable medical gloves market forecast a $10.9 billion by 2026 - click to expand

Book of the day: Thermoplastic Elastomers - click to expand

New ASTM International standard supports flame retardants in plastics - click to expand

IRSG expects world demand for rubber to grow 2.6 percent in 2020 - click to expand

Thursday, January 23, 2020

Global advanced tires industry expected to hit $1.34 billion by 2030 - click to expand

Trinseo to announce fourth quarter and full year 2019 financial results - click to expand

Former Ameritex latex factory to reopen in Alabama under new owners - click to expand

Toshiba Machine fights activist investor's hostile takeover - click to expand

CCSi announces new headquarters and updated website for 2020 - click to expand

Global conductive silicone market forecast at $3.8 billion by 2025 - click to expand

Wednesday, January 22, 2020

Cooper Standard advances diversification strategy; announces three Fortrex technology development agreements - click to expand

Upcoming Rubber Division, ACS, courses announced - click to expand

Cooper Tire scores 100 percent on 2020 Corporate Equality Index - click to expand

Emergence of advanced tire technologies influencing tire cords and tire fabrics production - click to expand

Freudenberg Sealing Technologies’ new method shows how static seals actually age - click to expand

Global tire pressure monitoring system market to surpass $8 billion by 2026 - click to expand

Market Reports

Medical disposable market is anticipated to reach over $365.1 billion by 2026 - click to expand

Global isoprene rubber latex market forecast with a CAGR of 7.19 percent through 2025 - click to expand

Retread tire market growing with a CAGR of 4.9 percent through 2027 - click to expand

Global automated handling market forecast to reach $60 billion by 2025 - click to expand

Global industrial robotics market is lkely to surpass $24 billion by 2025 - click to expand

Global personal protection equipment market forecast at $73 billion by 2026 - click to expand

Global advanced tires industry is expected to hit $1.34 billion by 2030 - click to expand

Global neoprene market is projected to grow at a CAGR of 4.1% through 2025 - click to expand

Disposable medical gloves market forecast a $10.9 billion by 2026 - click to expand

Global conductive silicone market forecast at $3.8 billion by 2025 - click to expand

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