(Australia-NewsWire.Com, October 28, 2016 ) According to Publisher, the Global Industrial Rubber Market is expected to reach $168.3 billion by 2022. Increasing automotive industry and increased demand for high-performance tires are the factors driving the growth of global industrial rubber market. Environmental issues, rising threat from the substitutes and Volatility of the oil prices are the factors hindering the market. Mechanical goods are expected to account for the largest share. Provider of belts and hose will gain profit from increased customer demand of the durable goods, mainly machinery and equipment. Construction market is estimated to be the strongest gain during the forecast period.
Report URL: http://www.reportsweb.com/industrial-rubber-global-market-outlook-2015-2022 North America dominated the global industrial rubber market in terms of market revenue followed by Europe. Asia Pacific is the major producer and consumer of industrial rubber, with its tire sector witnessing promising growth rate. Manufacturers have shifted their manufacturing facilities to emerging economies, due to the low labor and operating costs.
Some of the key players in the market include Bando Chemical Industries Limited, Bridgestone Corporation, China National Chemical Corporation, Continental AG, Datwyler Holding Incorporated, Dayco Products, Eaton Corporation plc, GenFlex Roofing Systems, Federal-Mogul Corporation, Freudenberg & Company KG, Hutchinson, Mitsubishi Corporation, Semperit AG Holding, Tenneco Incorporated and Trelleborg AB.
Applications Covered: - Aerospace - Industrial Equipment - Construction - Motor Vehicles - Manufacturing - Automotive
Products Covered: - Conveyor belts - Footwear - Hoses - Sealing products - Gaskets - Mechanical Goods - Vibration Control Products - Other Mechanical Goods - Roofing - Other Products
End Users Covered: - Ophthalmic Clinics - Ambulatory Surgical Centers - Hospitals - Other End Users
Regions Covered: - North America - US - Canada - Mexico - Europe - Germany - France - Italy - UK - Spain - Rest of Europe - Asia Pacific - Japan - China - India - Australia - New Zealand - Rest of Asia Pacific - Rest of the World - Middle East - Brazil - Argentina - South Africa - Egypt
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