Global Rubber Products Market
Paper, Plastics, Rubber, Wood And Textile Manufacturing

Global Rubber Products Market Outlook, Opportunities And Strategies

Learn about the global rubber products market through The Business Research Company, which provides information on rubber products market size, rubber products market drivers and restraints, rubber products market players, the COVID-19 impact on the rubber products market, and more.

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The global rubber products market is expected to grow from $327.4 billion in 2020 to $359.7 billion in 2021 at a compound annual growth rate (CAGR) of 9.%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $442.8 billion in 2025 at a CAGR of 5%.

Technology is expected to be a continued driver of market growth during this period.

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The rubber products market consists of sales of rubber products by entities (organizations, sole traders and partnerships) that produce tires and retreading, rubber hoses and belting, rubber sealants and all other rubber products which have domestic and industrial applications.

Global Rubber Products Market Segments Include:

By Type: Tire, Hoses And Belting, Other Rubber Product

By Process: Moulded, Extruded, Fabricated, Latex-based, Others

By End-User: Industry: Construction & Infrastructure, Automotive, Electrical & Electronics, Others

Subsegments Covered: Radial Tires, Bias Tires, Rubber Hoses, Rubber Belts

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the global rubber products market, accounting for 48% of the market in 2020.

Computer simulation and 3D printing technology is expected to have a significant impact on the rubber product manufacturing industry. An increasing number of companies are adopting 3D technology to design and develop rubber products. Software aided system offers 3D presentations on production line processes, including potential fault lines and also provides control on the manufacturing process.

TBRC’s rubber products market report covers:

Major Market Players: Bridgestone Corporation, Michelin Inc, Good Year Tire & Rubber Company, Continental Tire the Americas, Pirelli & C SpA.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Rubber Products Global Market Report 2021 – COVID-19 Impact And Recovery To 2030 is one of a series of new reports from The Business Research Company that provides rubber products market overviews, analyses and forecasts market size, share, rubber products market players, rubber products market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s rubber products market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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