The Rubber Molding market is projected to witness a significant growth during the forecast period. Rapid developments in the automotive industry is the major factor driving the growth of the rubber molding market. Increasing development of advanced automotive and growing research and development activities in producing rubost material that would help increase the life of the vehicle is generating demand for rubber molding material.
Moreover, increasing demand in developing nations, growing trend towards green materials, stringent government regulations regarding vehicular emissions and safety, and technological advancements are also expected to provide significant growth opportunities in this market.
However, price volatility, and stringent regulatory barriers are likely to hinder the growth of the rubber molding market during the forecast period..
Covid-19 Impact on Rubber Molding Market:
The ongoing COVID-19 pandemic conditions has severely affected every sector around the world. Whereas, the chemicals and materials sectors moderately affected during the pandemic. This is primarily due to uncut demand of chemicals for healthcare, life science and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, construction materials are facing diminution in demand. Strict lockdown resulted in nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end use industries directly affected the chemical demand all around the world.
Rubber Molding Market Segment Overview
Based on type, the market is segmented into injection molding, transfer molding, compression molding, and others. The demand for injection molding is expected to increase during the forecast period owing to benefits such as automatic material feeding, use in high precision molding applications, high level of repeatability, and closed mold injection.
Based on material, the industry is segmented into ethylene propylene diene monomer, styrene-butadiene rubber, natural rubber, and others. The ethylene propylene diene monomer accounted for the highest share in the global rubber molding industry in 2018 owing to increasing demand from the automotive sector, rising penetration of electric vehicles, and stringent government regulations.
On the basis of application, the market is segmented into automotive, healthcare, industrial, sporting goods, and others. The automotive sector accounted for the highest market share in 2018 owing to increasing demand for passenger vehicles, and increasing restrictions regarding vehicle performance, safety, and emissions.
Market Analysis, Insights and Forecast – By Type
· Molding, Transfer Molding
· Compression Molding
· Others
Market Analysis, Insights, and Forecast – By Material
· Ethylene Propylene Diene Monomer
· Styrene-Butadiene Rubber
· Natural Rubber
· Others
Market Analysis, Insights, and Forecast – By Application
· Automotive
· Healthcare
· Industrial
· Sporting Goods
· Others
Rubber Molding Market Regional Overview
The regional analysis include adoption of Rubber Molding products across North America, Europe, Asia-Pacific (APAC), Latin America Middle East & Africa (MEA). In 2020, Asia-Pacific dominated the market as the automotive industry is this regional segment is growing at a rapid pace. Moreover, rapid urbanization, increasing resreach and development activities, expansion of international players in this region, and technological advancements are some of the additional factors attributed to the growth of this regional segment. Furthermore, Europe is expected to follow Asia-Pacific and hold second highest market share in the global market. Large presence of key players operating in this industry, and rapid advnacements in automotive industry are considered to the factors attributed to the huge market in this region.
Rubber Molding Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Rubber Molding Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Rubber Molding are highlighted below.
· In June 2019, Trelleborg launched its expanded liquid silicone rubber manufacturing facility in Pernik, Bulgaria. This enabled the company to better focus on LSR manufacturing and enhanced customer service..
Rubber Molding Market, Key Players
· Freudenberg and Co. Kg
· Continental AG
· Sumitomo Riko Co., Ltd
· Hutchinson SA
· Toyoda Gosei Co., Ltd
· Trelleborg AB
· Federal-Mogul Corporation
· NOK Corporation
· Bohra Rubber Pvt. Ltd
· Steele Rubber Products
1. Introduction
- 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 Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Rubber Molding Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Molding, Transfer Molding
- 5.2.2. Compression Molding
- 5.2.3. Others
- 5.3. Market Analysis, Insights, and Forecast – By Material
- 5.3.1. Ethylene Propylene Diene Monomer
- 5.3.2. Styrene-Butadiene Rubber
- 5.3.3. Natural Rubber
- 5.3.4. Others
- 5.4. Market Analysis, Insights, and Forecast – By Application
- 5.4.1. Automotive
- 5.4.2. Healthcare
- 5.4.3. Industrial
- 5.4.4. Sporting Goods
- 5.4.5. Others
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East, and Africa
6. North America Rubber Molding Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Molding, Transfer Molding
- 6.2.2. Compression Molding
- 6.2.3. Others
- 6.3. Market Analysis, Insights, and Forecast – By Material
- 6.3.1. Ethylene Propylene Diene Monomer
- 6.3.2. Styrene-Butadiene Rubber
- 6.3.3. Natural Rubber
- 6.3.4. Others
- 6.4. Market Analysis, Insights, and Forecast – By Application
- 6.4.1. Automotive
- 6.4.2. Healthcare
- 6.4.3. Industrial
- 6.4.4. Sporting Goods
- 6.4.5. Others
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Rubber Molding Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Molding, Transfer Molding
- 7.2.2. Compression Molding
- 7.2.3. Others
- 7.3. Market Analysis, Insights, and Forecast – By Material
- 7.3.1. Ethylene Propylene Diene Monomer
- 7.3.2. Styrene-Butadiene Rubber
- 7.3.3. Natural Rubber
- 7.3.4. Others
- 7.4. Market Analysis, Insights, and Forecast – By Application
- 7.4.1. Automotive
- 7.4.2. Healthcare
- 7.4.3. Industrial
- 7.4.4. Sporting Goods
- 7.4.5. Others
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Rubber Molding Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Molding, Transfer Molding
- 8.2.2. Compression Molding
- 8.2.3. Others
- 8.3. Market Analysis, Insights, and Forecast – By Material
- 8.3.1. Ethylene Propylene Diene Monomer
- 8.3.2. Styrene-Butadiene Rubber
- 8.3.3. Natural Rubber
- 8.3.4. Others
- 8.4. Market Analysis, Insights, and Forecast – By Application
- 8.4.1. Automotive
- 8.4.2. Healthcare
- 8.4.3. Industrial
- 8.4.4. Sporting Goods
- 8.4.5. Others
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East, and Africa Rubber Molding Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. Molding, Transfer Molding
- 9.2.2. Compression Molding
- 9.2.3. Others
- 9.3. Market Analysis, Insights, and Forecast – By Material
- 9.3.1. Ethylene Propylene Diene Monomer
- 9.3.2. Styrene-Butadiene Rubber
- 9.3.3. Natural Rubber
- 9.3.4. Others
- 9.4. Market Analysis, Insights, and Forecast – By Application
- 9.4.1. Automotive
- 9.4.2. Healthcare
- 9.4.3. Industrial
- 9.4.4. Sporting Goods
- 9.4.5. Others
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2020
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Freudenberg and Co. Kg
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Freudenberg and Co. Kg
- 10.6. Continental AG
- 10.7. Sumitomo Riko Co., Ltd
- 10.8. Hutchinson SA
- 10.9. Toyoda Gosei Co., Ltd
- 10.10. Trelleborg AB
- 10.11. Federal-Mogul Corporation
- 10.12. NOK Corporation
- 10.13. Bohra Rubber Pvt. Ltd
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
