According to the latest report published by Credence Research, Inc. Industrial Rubber Products Market - Growth, Future Prospects and Competitive Analysis, 2017-2025, the global industrial rubber products market was valued at US$ 48.96 Bn in 2016, and is expected to reach US$ 79.41 Bn by 2025, expanding at a CAGR of 5.5% from 2017 to 2025.
The global industrial products market is expected to progress at a satisfactory pace during the following decade, majorly owing to growing demand of rubber products from automotive OEM manufacturers, construction industry and growing application areas of industrial rubber in commercial, construction and infrastructure sectors. However, fluctuations in prices of raw material used in manufacturing of industrial rubber products may have a restraining effect on the overall market growth.
The demand for mechanical rubber goods products is anticipated to be the highest through the forecast period. Heavy deployments of mechanical goods in manufacturing industry and automotives are the major contributor to the dominance of mechanical rubber products segment. In terms of application areas, rising demand for automotives, and gradual expansion of automotive manufacturers in emerging nations of Middle East and Africa and Asia Pacific will contribute to dominance of automotives as the largest application area for industrial rubber products. The demand for these products across both OEMs and aftermarket solutions is anticipated to remain strong through the forecast period.
In terms of geographical distribution, the global industrial rubber products market is anticipated to be dominated by Asia Pacific. Domicile of several large rubber manufacturing zones and prevalence of several large consumer companies scattered across the region, make Asia Pacific the largest market for industrial rubber products on the global front. On the other hand, heavy infrastructural development in Middle East and Africa especially in commercial, and construction sectors makes the region to present lucrative opportunities for industrial rubber products manufacturers in the region.
Carlisle Companies Inc., Bridgestone Corp., Continental AG, Cooper Standard Automotive Inc., Delphi Corp., Dunlop Conveyor Belting (Fenner plc), Eaton Corp, Freudenberg Group, Goodyear Tire and Rubber Company, Hutchinson SA (Total), Myers Industries Inc., Nichirin Co. Ltd., NoK Corp., Parker-Hannifin Corp., Toyo Tire and Rubber Co. Ltd., Tokai Rubber Industries Ltd., Trelleborg AB and Yokohama Rubber Company Ltd. are some of the most prominent names in the industrial rubber products market.
Rubber Technology is the subject dealing with the transformation of rubbers or elastomers into useful products, such as automobile tires, rubber mats and, exercise rubber stretching bands. The materials includes latex, natural rubber, synthetic rubber and other polymeric materials, such as thermoplastic elastomers. Rubber processed through such methods are components of a wide range of items.
Methods for processing rubber include mastication and various operations like mixing, calendering, extrusion, all processes being essential to bring crude rubber into a state suitable for shaping the final product. The former breaks down the polymer chains, and lowers their molecular mass so that viscosity is low enough for further processing. After this has been achieved, various additions can be made to the material ready for cross-linking. Rubber may be masticated on a two-roll mill or in an industrial mixer, which come in different types.
Rubber is first compounded with additives like sulfur, carbon black and accelerators. It is converted into a dough-like mixture which is called "compound" then milled into sheets of desired thickness. Rubber may then be extruded or molded before being cured.
Source : Wikipedia
Can Natural Rubber be used for manufacturing rubber products which may contact human body?
Yes. Rubber products made from latex of natural rubber is used for medical treatment and examination and they are normally treated in an additional process of the production line in order to reduce the extractable protein content of the product. Rubber products made of solid natural rubber usually contains very low level of extractable protein as compared to the natural rubber latex products. This is because of the many washing processes the latex has to go through before becoming solid (dry) rubber. Therefore, rubber products made of solid (dry) natural rubber do not normally cause any kind of allergy problem, particularly when contact to human body is minimum.
[Ref:industrialrubbergoods.com]
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