The global Rubber Compound market was valued at US$ 7150.3 million in 2020 and it is expected to reach US$ 10920 million by the end of 2027, growing at a CAGR of 3.7% during 2021-2027.
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.
Global rubber compound key players include Hexpol Compounding, PHOENIX Compounding, Cooper Standard, Hutchinson, Polymer-Technik Elbe, etc. Global top 5 manufacturers hold a share about 28%. Asia Pacific is the largest market, with a share about 50%, followed by Europe and North America, both have a share about 44% percent.
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.
Key Companies profiled in this report are 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 and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-rubber-compound-market-outlook
Segment by Type
- EPDM Compounding
- SBR Compounding
- BR Compounding
- Natural Rubber Compounding
- NBR Compounding
- Silicone Rubber Compounding
Segment by Application
- Building & Construction
- Wire & Cable
Table of Content:
1 Rubber Compound Market Overview
2 Rubber Compound Market Competition by Manufacturers
3 Rubber Compound Retrospective Market Scenario by Region
4 Global Rubber Compound Historic Market Analysis by Type
5 Global Rubber Compound Historic Market Analysis by Application
6 Key Companies Profiled
7 Rubber Compound Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Rubber Compound Market Dynamics
10 Global Rubber Compound Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.