Global Cellular Rubber Market Size study, by Product Type (Cellular Rubber Sheets, Cellular Rubber Rolls, Other Cellular Rubber Products), by Material Type (Cellular Nitrile Butadiene Rubber (NBR), Neoprene Cellular Rubber, Ethylene Propylene Diene Monomer Cellular Rubber (EPDM), Cellular Silicone Rubber, Others), by End-User (Automotive, Electronics, Aerospace, Others) and Regional Forecasts 2022-2028
Global Cellular Rubber Market is valued at approximately USD 7.93 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.91 % over the forecast period 2022-2028. Cellular rubber is a porous rubber made up of enclosed cells all around. They're made utilizing gas-developing chemicals in accordance with the expansion process. Weather resistance, low water absorption, strong tear strength, oil resistance, chemical and acid resistance, and suitability for self-adhesives are all advantages of cellular rubber. Rising demand from automotive industry, rising applications, and rise in popularity of Electric Automobiles have driven the adoption of Cellular Rubber across the projected period. For Instance: As estimated by EVAdoption, in the US the sales of electronic cars will rise from 507,710 units in 2020 to 3,000,000 by 2028. Also, investment in cold chain infrastructure and emerging trends of Bio-Based Products are most likely to boost the overall growth of the Cellular Rubber market. However, variations in the cost of raw materials and inclement weather can obstruct the market's expansion over the projection period of2022-2028.
The key regions considered for the global Cellular Rubber market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Rising private investment in R&D and expanding automotive industry are driving the market growth in North America. Whereas, Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. The market is expected to grow during the projected period, due to rising investment in Automobile Sector.
Major market players included in this report are:
Chicago Wilcox Mfg. Co.
Rogers Foam Corporation
Stockwell Elastomerics
American Foam Rubber, LP
Foam Rubber LLC
Saint Gobain Performance Plastics
Metro Industries
Monmouth Rubber & Plastic Corp
Ace Hose & Rubber Co.
Sedo Chemicals Neoprene GmbH
Polymax Ltd
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Cellular Rubber Sheets
Cellular Rubber Rolls
Other Cellular Rubber Products
By Material Type:
Cellular Nitrile Butadiene Rubber (NBR)
Neoprene Cellular Rubber
Ethylene Propylene Diene Monomer Cellular Rubber (EPDM)
Cellular Silicone Rubber
Others
By End User:
Automotive
Electronics
Aerospace
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Cellular Rubbers Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Chicago Wilcox Mfg. Co.
Rogers Foam Corporation
Stockwell Elastomerics
American Foam Rubber, LP
Foam Rubber LLC
Saint Gobain Performance Plastics
Metro Industries
Monmouth Rubber & Plastic Corp
Ace Hose & Rubber Co.
Sedo Chemicals Neoprene GmbH
Polymax Ltd
Please note:The single user license is non-downloadable and non-printable. Global Site license will allow these actions.
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