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Rubber Compound is an elastomer compound, which can be a combination of 3 to 15 various elements and thousands of different formations. Compounding is the process of adding additives, fillers, polymers, or reinforcements to polymer materials in a homogeneous polymer mixture to optimize properties to meet a given set of performance requirements.
In 2019, the global rubber compound market is led by China. Europe is the second-largest region-wise market. The United States, China, Japan, South Korea, Germany, France, Mexico, and Italy are the world's major consumption regions. The largest end-use market, the automotive industry, is experiencing a slowdown. Hexpol Compounding, PHOENIX Compounding, Cooper Standard, Hutchinson, Polymer-Technik Elbe and AirBoss of America are the main players in the global market. Hexpol Compounding is considered to be the global market leader, and in 2019, Hexol Compounding accounted for 16% of the sales share.
Market Analysis and Insights: Global Rubber Compound Market
The global Rubber Compound market was valued at US$ 8049 million in 2019 and it is expected to reach US$ 9545.6 million by the end of 2026, growing at a CAGR of 8.0% during 2021-2026.
Global Rubber Compound Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Rubber Compound Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
EPDM Compounding
SBR Compounding
BR Compounding
Natural Rubber Compounding
NBR Compounding
Others
Segment by Application
Car
Building & Construction Industry
Wire & Cable
Footwear
Others
By Company
Hexpol Compounding
PHOENIX Compounding
Cooper Standard
Hutchinson
Polymer-Technik Elbe
Elastomix
AirBoss of America
Chunghe Compounding
Dongjue Silicone Group
KRAIBURG Holding GmbH
Dongguan New Orient Technology
Guanlian
American Phoenix
Haiyu Rubber
Dyna-Mix
Katosansho
TSRC
Shin-Etsu
Condor Compounds GmbH
Siamnavakam
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
In 2019, the global rubber compound market is led by China. Europe is the second-largest region-wise market. The United States, China, Japan, South Korea, Germany, France, Mexico, and Italy are the world's major consumption regions. The largest end-use market, the automotive industry, is experiencing a slowdown. Hexpol Compounding, PHOENIX Compounding, Cooper Standard, Hutchinson, Polymer-Technik Elbe and AirBoss of America are the main players in the global market. Hexpol Compounding is considered to be the global market leader, and in 2019, Hexol Compounding accounted for 16% of the sales share.
Market Analysis and Insights: Global Rubber Compound Market
The global Rubber Compound market was valued at US$ 8049 million in 2019 and it is expected to reach US$ 9545.6 million by the end of 2026, growing at a CAGR of 8.0% during 2021-2026.
Global Rubber Compound Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Rubber Compound Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
EPDM Compounding
SBR Compounding
BR Compounding
Natural Rubber Compounding
NBR Compounding
Others
Segment by Application
Car
Building & Construction Industry
Wire & Cable
Footwear
Others
By Company
Hexpol Compounding
PHOENIX Compounding
Cooper Standard
Hutchinson
Polymer-Technik Elbe
Elastomix
AirBoss of America
Chunghe Compounding
Dongjue Silicone Group
KRAIBURG Holding GmbH
Dongguan New Orient Technology
Guanlian
American Phoenix
Haiyu Rubber
Dyna-Mix
Katosansho
TSRC
Shin-Etsu
Condor Compounds GmbH
Siamnavakam
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
