PUBLISHER: Lucintel | PRODUCT CODE: 1417917
PUBLISHER: Lucintel | PRODUCT CODE: 1417917
Non-Tyre Rubber Trends and Forecast
The future of the global non-tyre rubber market looks promising with opportunities in the aerospace, printing, agriculture & forestry, mechanical/plant engineering, defense, construction, ships, ports & ocean, oil & gas, and material handling markets. The global non-tyre rubber market is expected to grow with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are growing demand for rubber gloves, rubber hoses, medical equipment and gadgets, rubber belts, roofing (rubber), mechanical rubber goods and increasing adoption of non-tire rubbers in automotive applications aims to decrease vehicle weight and enhance fuel efficiency.
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Non-Tyre Rubber by Segment
The study includes a forecast for the global non-tyre rubber by product, rubber type, end use industry, and region.
List of Non-Tyre Rubber Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies non-tyre rubber companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the non-tyre rubber companies profiled in this report include-
Non-Tyre Rubber Market Insights
Lucintel forecasts that rubber gloves is expected to witness largest growth over the forecast period due to versatility, affordability, and diverse applications in personal care, cleaning, and more.
Within this market, aerospace will remain the largest segment due to essential role of rubber seals in maintaining comfort and functionality at high altitudes and extreme temperatures.
APAC is expected to witness highest growth over the forecast period due to industry is thriving with a broad spectrum of applications.
Features of the Global Non-Tyre Rubber Market
Market Size Estimates: Non-tyre rubber market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Non-tyre rubber market size by product, rubber type, end use industry, and region in terms of value ($B).
Regional Analysis: Non-tyre rubber market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product, rubber type, end use industry, and regions for the non-tyre rubber market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the non-tyre rubber market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the growth forecast for non-tyre rubber market?
Answer: The global non-tyre rubber market is expected to grow with a CAGR of 4.3% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the non-tyre rubber market?
Answer: The major drivers for this market are growing demand for rubber gloves, rubber hoses, medical equipment and gadgets, rubber belts, roofing (rubber), mechanical rubber goods and increasing adoption of non-tire rubbers in automotive applications aims to decrease vehicle weight and enhance fuel efficiency.
Q3. What are the major segments for non-tyre rubber market?
Answer: The future of the non-tyre rubber market looks promising with opportunities in the aerospace, printing, agriculture & forestry, mechanical/plant engineering, defense, construction, ships, ports & ocean, oil & gas, and material handling markets.
Q4. Who are the key non-tyre rubber market companies?
Answer: Some of the key non-tyre rubber companies are as follows.
Q5. Which non-tyre rubber market segment will be the largest in future?
Answer: Lucintel forecasts that rubber gloves is expected to witness largest growth over the forecast period due to versatility, affordability, and diverse applications in personal care, cleaning, and more.
Q6. In non-tyre rubber market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to industry is thriving with a broad spectrum of applications.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.