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Global rubber molding market projected to reach $51.42 billion by 2026

  11/8/2019 - Selbyville, DE - The rubber molding market size was projected to reach $51.42 billion by 2026, and is anticipated to grow at a CAGR of 5.7 percent during the forecast period, according to research by Market Study Report, LLC. The well-known companies profiled in the report include Freudenberg and Co. Kg, Continental AG, Sumitomo Riko Co., Ltd., NOK Corporation, Federal-Mogul Corporation, Hutchinson SA, Toyoda Gosei Co., Ltd., Trelleborg AB, Bohra Rubber Pvt. Ltd. and Steele Rubber Products, among others. These companies are consistently launching new products to enhance their offerings in the rubber molding industry. With the advancement of technologies, companies are innovating and introducing new customized products to cater to the growing needs of customers. Leading companies are also acquiring other companies and enhancing their product offerings to improve their reach in the market. Rubber molding is increasingly being used in manufacturing of automotive parts. The growing urbanization and improving living standards have increased the demand for automobiles, thereby supporting the market growth. The growth in the global automotive industry and increasing average life of vehicles have resulted in market growth. The growing need for improved fuel efficiency and reduced rolling resistance accelerates the demand for rubber molding. Other driving factors include rapid industrialization, production at faster rates, and modernization of industrial machinery. Increasing demand from developing nations, an increasing trend towards green materials, stringent government regulations regarding vehicular emissions and safety, and technological advancements are expected to provide numerous growth opportunities to the market players during the forecast period. In 2017, the automotive segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market during the forecast period. The injection molding process is categorized into three types: namely, organic rubber injection, liquid injection molding and thermoplastic rubber. Organic rubber injection offers benefits such as elimination of operator placement of pre-forms, easy flow into the cavities owing to decreased viscosity of materials, and quicker cycle times than compression and transfer molding. Liquid injection molding offers benefits such as reduced contamination, optimized cycle times, biocompatibility, inertness and stability, flexibility and superior heat resistance. The features offered by thermoplastic rubber include simplified processing, and recyclable scraps and parts. Asia-Pacific generated the highest revenue in the rubber molding market in 2018 and is expected to lead the global market throughout the forecast period. The presence of emerging industries such as healthcare, construction and automotive, substantial initiatives in research and development, and stringent government policies regarding vehicular emissions, performance and safety drive the market growth. Rapid industrialization and growth of the manufacturing industry further support market growth in the region.

Tuesday, January 21, 2020

Kraiburg TPE introduces Thermolast K flame retardant TPE series - click to expand

Minnesota Rubber and Plastics awarded 2019 Medtronic Supplier Excellence Award - click to expand

Greene, Tweed appoints William Rottschaefer as director of business development - click to expand

Synthomer receives European Commission clearance for Omnova acquisition - click to expand

Ashland to report first quarter results January 27 - click to expand

Global RTV silicone market to grow at a CAGR of 4.13 percent through 2029 - click to expand

Monday, January 20, 2020

Freudenberg finalizes acquisition of Filc - click to expand

Goodyear selects VI-grade driving simulators to increase product development capabilities - click to expand

Silicone rubber power cable market forecast at $1 billion by 2025 - click to expand

Sumitomo Rubber establishes a natural rubber procurement subsidiary in Singapore - click to expand

Soo II Lee assumes role of president of Hankook Tire America - click to expand

Milliken & Company to acquire Borchers from The Jordan Company - click to expand

Friday, January 17, 2020

Global reactives and other adhesives market forecast at $19.8 billion by 2023 - click to expand

Borealis to acquire Nova Chemicals' ownership interest in Novealis - click to expand

Goodyear declares quarterly dividend of 16 cents per share - click to expand

Global liquid silicone rubber market is forecast to reach $1.82 billion by 2025 - click to expand

Book of the Day - Rubber Extrusion Technology Short Course Notes - click to expand

BFGoodrich returns to the farm tire market - click to expand

Thursday, January 16, 2020

ADM and P2 Science collaborate on plant-based specialty chemicals and materials - click to expand

Isoprene rubber latex market forecast to reach $367.8 billion by 2026 - click to expand

Evonik opens multi-purpose silicones manufacturing facility in Germany - click to expand

Global automotive adhesive market expected to expand at a CAGR of 5.4 percent - click to expand

Solvay’s HMW HALS capacity now online - click to expand

Cabot Corporation declares quarterly dividend of $0.35 per share - click to expand

Wednesday, January 15, 2020

McMaster University researchers find way to dissolve rubber used in car tires - click to expand

Albright Silicone announces launch of 3D printing capability for silicone parts - click to expand

Injection molding machine market size forecast at $38.7 billion by 2026 - click to expand

Safic-Alcan announces distribution agreement with Evonik in Greece - click to expand

Asia-Pacific process oil market forecast with a CAGR of 4.23 percent through 2027 - click to expand

Tuesday, January 14, 2020

Safic-Alcan extends distribution agreement with Eurotec in Poland - click to expand

Rahco Rubber adds two Pan Stone 350 ton vacuum presses - click to expand

Registration and housing open for Rubber Division, ACS 197th Technical Meeting - click to expand

Industrial rubber products market forecast to reach $174 billion by 2027 - click to expand

Automotive tubeless tires market forecast at $196 billion by 2024 - click to expand

Market Reports

Global conductive silicone market forecast at $3.8 billion by 2025 - click to expand

Global reactives and other adhesives market forecast at $19.8 billion by 2023 - click to expand

Global tire pressure monitoring system market to surpass $8 billion by 2026 - click to expand

Asia-Pacific process oil market forecast with a CAGR of 4.23 percent through 2027 - click to expand

Global automotive adhesive market is expected to expand at a CAGR of 5.4% - click to expand

Global RTV Silicone Market to grow at a CAGR of 4.13% through 2029 - click to expand

Silicone rubber power cable market forecast at $1 billion by 2025 - click to expand

Global liquid silicone rubber market is forecast to reach $1.82 billion by 2025 - click to expand

Isoprene Rubber Latex market forecast to reach $367.8 billion by 2026 - click to expand

Injection molding machine market size forecast at $38.7 billion by 2026 - click to expand

Industrial rubber products market forecast to reach $174 billion by 2027 - click to expand

Global Specialty Silica Market is expected to grow at a CAGR of 6.18 percent through 2025 - click to expand

Automotive tubeless tire market forecast at $196 billion by 2024 - click to expand

Farm Tire Market to reach $10 billion by 2025 - click to expand

Global liquid silicone rubber market forecast with a CAGR of 8% through 2025 - click to expand

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