Rubber Products Manufacturing Market is boosted by rise in adoption

Posted by sainath on February 1st, 2019

The Business Research Company’s Rubber Products Manufacturing Global Market report, covers the year-on-year growth of the global rubber products manufacturing market historic and forecast growth. It also includes chapters on the rubber products manufacturing market trends, geographical analysis, and competitive landscape.

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The rubber products manufacturing market size is expected to reach a higher value by 2022, growing at a steady CAGR during the forecast period.

Rubber Products Manufacturing Market Trends

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.

Computer simulation and 3D printing technology is expected to have a significant impact on the rubber product manufacturing industry. Increasing number of companies are adopting 3D technology to design and develop rubber or rubber products. Software aided system offers 3D presentations on production line processes, including potential fault lines and also provides control on the manufacturing process. For example, Stratasys develops 3D printing technologies to produce automotive tires that can be customized to different levels of hardness, and elongation. In March 2016, Goodyear introduced the Eagle-360 that will be a 3D printed spherical tire that promises to provide a 360-degree motion.

The global rubber products manufacturing market is primarily driven by high demand for rubber products from manufacturing industries, especially from the industrial machinery and motor vehicle industries.

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The global rubber products manufacturing market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.

With increasing demand for tires from the automobile industry, the global rubber products manufacturing market is expected to increase in potential and scope. TBRC’s report also covers the rubber products manufacturing drivers and restraints in the market.

The global rubber products manufacturing market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.

The top companies included in the global rubber products manufacturing market report are Bridgestone Corporation, Michelin Inc, Good Year Tire & Rubber Company, Continental Tire the Americas, and Pirelli & C SpA.

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