Report Description

United States industrial rubber market is expected to grow at a steady rate during the forecast period. The United States industrial rubber market is driven by the growing demand from various end user industries such as building & construction, electrical & electronics, healthcare, among others. Additionally, booming automotive industry is further expected to propel the market growth through 2028 on the back of increased adoption of electric vehicles and autonomous vehicles. Furthermore, ongoing technological developments and new product launches by various major players operating in the market is expected to create lucrative opportunities for growth. However, environmental hazards related to manufacturing of rubber can hamper the market growth over the next few years. Besides, the sudden outbreak of pandemic COVID-19 has led to the fall in oil prices below zero and the automotive industry is also massively hit by it thereby negatively impacting the growth of industrial rubber market in the United States.

The United States industrial rubber market is segmented based on type, product, end user industry, company and region. Based on product, the market can be fragmented into mechanical rubber goods, rubber belt, rubber hose and rubber. The mechanical rubber goods segment is expected to dominate the market owing to the increasing demand for durable rubber products from machinery & equipment sector especially, hose & belts distributors and suppliers. Based on end user industry, the market can be categorized into automotive, engineering & manufacturing, healthcare, electrical & electronics, construction and others. The automotive industry is expected to dominate the market on account of the growing demand for light weight vehicles, fuel efficiency and eco-friendly components.

The major players operating in the United States industrial rubber market are The Goodyear Tire & Rubber Company, American Synthetic Rubber Company, Lanxess AG, Kumho Petrochemical, TSRC Corporation, JSR Corporation, Lion Copolymer, Kent Elastomer Products, Inc, Kraton Corporation, Firestone Natural Rubber Co. and others. Major companies are developing advanced technologies and launching new products to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.

Objective of the Study:

  • To analyze and estimate the market size of United States industrial rubber market from 2018 to 2021.
  • To estimate and forecast the market size of United States industrial rubber market from 2022 to 2028 and growth rate until 2028.
  • To classify and forecast United States industrial rubber market based on type, product, end user industry, company and regional distribution.
  • To identify dominant region or segment in the United States industrial rubber market.
  • To identify drivers and challenges for United States industrial rubber market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United States industrial rubber market.
  • To conduct pricing analysis in the United States industrial rubber market.
  • To identify and analyze the profile of leading players operating in United States industrial rubber market.
  • To identify key sustainable strategies adopted by market players in United States industrial rubber market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of United States industrial rubber market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Industrial rubber manufacturers/ suppliers/ distributors
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to industrial rubber

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2022

Historical Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR for 2018-2022 and 2023E-2028F

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Type

·         Product

·         End User Industry

Regional scope

North-East; Mid-West; South; West

Key companies profiled

The Goodyear Tire & Rubber Company, American Synthetic Rubber Company,     Lanxess AG, Kumho Petrochemical, TSRC Corporation, JSR Corporation, Lion Copolymer, Kent Elastomer Products, Inc, Kraton Corporation, Firestone Natural Rubber Co.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, United States industrial rubber market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • United States Industrial Rubber Market, By Type:
    • Natural
      • Isoprene
    • Synthetic
      • NR
      • SBR
      • PBR
      • Butyl Rubber
      • Neoprene
      • EPDM
  • United States Industrial Rubber Market, By Product:
    • Mechanical Rubber Goods
    • Rubber Belt
    • Rubber Hose
    • Rubber
  • United States Industrial Rubber Market, By End User Industry:
    • Automotive
    • Engineering & Manufacturing
    • Healthcare
    • Electrical & Electronics
    • Construction
    • Others
  • United States Industrial Rubber Market, By Region:
    • North-East
    • Mid-West
    • South
    • West

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in United States industrial rubber market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

United States industrial rubber market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on United States Industrial Rubber Market

4.    Executive Summary

5.    Voice of Customer

6.    United States Industrial Rubber Market Overview

6.1.  Total Industrial Rubber Production, By Company

6.2.  Total Industrial Rubber Consumption, By Region

6.3.  Demand- Supply Analysis

7.    United States Industrial Rubber Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Type (Natural (Isoprene), Synthetic (NR, SBR, PBR, Butyl Rubber, Neoprene, EPDM))

7.2.2.     By Product (Mechanical Rubber Goods, Rubber Belt, Rubber Hose, Rubber)

7.2.3.     By End User Industry (Automotive, Engineering & Manufacturing, Healthcare, Electrical & Electronics, Construction, Others)

7.2.4.     By Company (2022)

7.2.5.     By Region

7.3.  Product Market Map

8.    United States Natural Rubber Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Product

8.2.2.     By End User Industry

8.2.3.     By Region

8.2.4.     By Company

9.    United States Synthetic Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Type (NR, SBR, PBR, Butadiene Rubber, Others)

9.2.2.     By Product

9.2.3.     By End User Industry

9.2.4.     By Region

9.2.5.     By Company

10.  Market Dynamics

10.1.              Drivers

10.2.              Challenges

11.  Market Trends & Developments

12.  Policy & Regulatory Landscape

13.  Pricing Analysis

14.  Import-Export Analysis

15.  United States Economic Profile

16.  Competitive Landscape

16.1.              The Goodyear Tire & Rubber Company

16.2.              American Synthetic Rubber Company

16.3.              Lanxess AG

16.4.              Kumho Petrochemical

16.5.              TSRC Corporation

16.6.              JSR Corporation

16.7.              Lion Copolymer

16.8.              Kent Elastomer Products, Inc

16.9.              Kraton Corporation

16.10.            Firestone Natural Rubber CO

17. Strategic Recommendations

Figures and Tables

Frequently asked questions

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The Goodyear Tire & Rubber Company, American Synthetic Rubber Company, Lanxess AG, Kumho Petrochemical, TSRC Corporation, JSR Corporation, Lion Copolymer, Kent Elastomer Products, Inc, Kraton Corporation, Firestone Natural Rubber Co. are the leading market players in the United States Industrial Rubber Market.

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Based on product, the market is divided into mechanical rubber goods, rubber belt, rubber hose, and rubber. The mechanical rubber goods are expected to hold the largest market share in the forecast period due to high demand from the machinery and equipment sector.

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Based on application, the market is divided into automotive, engineering & manufacturing, healthcare, electrical & electronics, construction, and others. The automotive industry is expected to dominate the market during the forecast period due to the growing demand for lightweight vehicles.

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Growing demand from end-user industries such as automotive & transportation and the use of advanced technologies to enhance performance are driving the demand for United States Industrial Rubber Market in the forecast period.

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Sakshi Bajaal

Business Consultant
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