Rubber Market to Reach USD 60.38 Billion by 2026; Increasing Demand from Commercial Sector to Drive Growth, says Fortune

1. Rubber Market Size, Share & Industry Analysis, By Type (Natural, and Synthetic), By Application (Tire, Non-Tire Automotive, Footwear, Industrial Goods, and Others), and Regional Forecast, 2019-2026 Buy Now Sample PDF Get Discount Published Date: April 2019 Region: Global Report Format: PDF Base Year: 2018 Fortune Business Insights Pvt Ltd.

2. Rubber Market Size, Share & Industry Analysis, By Type (Natural, and Synthetic), By Application (Tire, Non-Tire Automotive, Footwear, Industrial Goods, and Others), and Regional Forecast, 2019-2026 Report Highlights: The global rubber market is anticipated to gain impetus from a rise in the demand from tire and non-tire automotive parts sector. This information is published in a report by Fortune Business Insights, titled, “Rubber Market Size, Share & Industry Analysis, By Type (Natural, and Synthetic), By Application (Tire, Non-Tire Automotive, Footwear, Industrial Goods, and Others), and Regional Forecast, 2019-2026.” The report further mentions that the rubber market size is projected to reach USD 60.38 Billion by 2026, thereby exhibiting a CAGR of 5.1% during the forecast period. However, the market was valued at USD 40.71 Billion in 2018. Furthermore, rubber consists of numerous crucial properties, namely, high flexibility, insulation property, and weather resistance. Hence, it is used in manufacturing non-flat belts, elevators, and transmission belts. The report provides a detailed analysis of the market growth rate and size for all the significant segments. It further offers qualitative and quantitative insights into the industry, such as rubber market trends, growth drivers, hindrances, competitive landscape, and challenges. It also aids in highlighting and analyzing the most important business strategies of the renowned market players. Combined with this, it presents accurate information regarding the market value, size, and volume. Fortune Business Insights Pvt Ltd.

3. Rubber Market Size, Share & Industry Analysis, By Type (Natural, and Synthetic), By Application (Tire, Non-Tire Automotive, Footwear, Industrial Goods, and Others), and Regional Forecast, 2019-2026 Synthetic Rubber Segment to Dominate Owing to its Various Beneficial Properties In terms of type, the rubber market is categorized into synthetic and natural. Amongst these, synthetic rubber is exhibiting higher demand due to various applications, namely, industrial goods, footwear, and tire. It is because they possess superior properties, such as toughness, elasticity, high head resistance, and abrasion resistance. All these vital properties have resulted in the rapid inclination of consumers towards synthetic rubber from natural rubber. They are used widely for commercial purposes, especially for manufacturing tires. It is considered to be very cost-effective as compared to natural rubber. North America to Dominate: Increasing Demand from Automotive and Footwear Industries to Boost Growth The rubber market is geographically divided into Europe, the Middle East and Africa, North America, Latin America, and Asia Pacific. Out of these regions, North America is projected to dominate the market during the forecast period. It would occur due to the increasing demand for rubber from footwear and automotive applications. Additionally, the ongoing technological advancements and a rise in the applications in textile and chemical industry would contribute to the rubber market growth in this region. Browse Complete Report Details: https://www.fortunebusinessinsights.com/industry-reports/rubber-market-101612 Fortune Business Insights Pvt Ltd.

4. Rubber Market Size, Share & Industry Analysis, By Type (Natural, and Synthetic), By Application (Tire, Non-Tire Automotive, Footwear, Industrial Goods, and Others), and Regional Forecast, 2019-2026 Fortune Business Insights profiles few of the most prominent companies operating in the rubber market. They are as follows: • LG Chem • ARLANXEO • Petrochina • Southland Holding Lonza • Kumho Petrochemical • Tradewinds Plantation Berhad • Unitex Rubber • TSRC Corporation • Halcyon Agri • Vietnam Rubber Group • Versalis • Ravasco • Dow Chemicals • Tong Thai Rubber Group • Sri Trang Agro-Industry • Von Bundit Fortune Business Insights Pvt Ltd.

5. Rubber Market Size, Share & Industry Analysis, By Type (Natural, and Synthetic), By Application (Tire, Non-Tire Automotive, Footwear, Industrial Goods, and Others), and Regional Forecast, 2019-2026 About Us: Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data. Phone: US: +1 424 253 0390 UK: +44 2071 939123 APAC: +91 744 740 1245 Email: sales@fortunebusinessinsights.com Fortune Business Insights Pvt Ltd.