The global Rubber Compound market was valued at 6239.67 Million USD in 2021 and will grow with a CAGR of 4.27% from 2021 to 2027.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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. A rubber compound could be a combination of 3 to 15 different ingredients of thousands of different compositions and vendors.The markets for most of the rubber compound track the general production and consumption of the major synthetic rubbers (e.g., SBR, BR, EPDM), as well as the natural rubber markets. The construction and automotive industries have a huge impact on demand for rubber compound. The United States, China, Japan, South Korea, Germany, France, Mexico, and Italy are the world`s major consumption regions. 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 about 17% of the sales share.
By Market Vendors:
- 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
By Types:
- EPDM Compounding
- SBR Compounding
- BR Compounding
- Natural Rubber Compounding
- NBR Compounding
- Silicone Rubber Compounding
By Applications:
- Automotive Industry
- Building and Construction Industry
- Wire and Cable
- Footwear
Key Indicators Analysed
- Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
- Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
- Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
- Opportunities and Drivers: Identifying the Growing Demands and New Technology
- Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
- To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
- Assess the production processes, major issues, and solutions to mitigate the development risk.
- To understand the most affecting driving and restraining forces in the market and its impact in the global market.
- Learn about the market strategies that are being adopted by leading respective organizations.
- To understand the future outlook and prospects for the market.
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