- Silicone Rubber,
- Fluoro Rubber,
- Butyronitrile Rubber,
- EPDM Rubber,
- Chloroprene Rubber
Rubber Compound Market size was valued at USD million in 2022 and is expected to reach a value of USD million by 2028, growing at a significant CAGR from 2023 to 2029. The global market provides a detailed overview of the market and that can be segmented by type and application. By type, the market has been segmented into silicone rubber, fluoro rubber, butyronitrile rubber, EPDM rubber and chloroprene rubber. The butyronitrile rubber segment is likely to be the largest and fastest-growing segment in terms of type. Based on application, the rubber compound market is segmented into transportation analytics , construction, medical, consumer goods, and automotive. Among these, the transportation segment is expected to have the fastest-growing market during the forecast period.
Rubber Compound Market Key Developments:
- In October 2019, for truck and bus radials, TOLINS Tyres Pvt. Ltd. introduced T19 Pre-cured Tread Rubber. The company's ability to diversify its product offering will benefit.
Rubber Compound Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
x%
Largest Market
North America
Fastest Growing Market
Asia Pacific
Rubber Compound Market Dynamics
The consumption of rubber in the tyre manufacturing business, expansion of the market quickly in response to rising demand from the automobile industry and using industrial rubber more frequently in conveyor belts and other belting applications in agriculture and construction machinery are some key factors fueling the market growth.
Asia-Pacific Got Significant Share
Rubber Compound Market Regional Analysis
By region, the Asia Pacific market is expected to witness the highest market share during the forecast period due to the rapidly expanding automobile industry, rising spending patterns and changing consumer tastes. North America held considerable market share during the estimated period owing to the development of numerous sectors and rising auto sales would accelerate the utilization of rubber compounds. The market will expand as a result of the developed economy and manufacturing infrastructure.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The rubber compound market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
- The rubber compound market report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The rubber compound market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The rubber compound market report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The rubber compound market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Rubber Compound Market Segmentation
By Type
By Application
- Transportation,
- Construction,
- Medical,
- Consumer Goods,
- Automotive
By Geography
- North America,
- Europe,
- Asia Pacific,
- Latin America and
- Middle East and Africa
Frequently Asked Questions
The rubber compound market is projected to expand at a CAGR of x% during the forecast period.
The major players in the global rubber compound market are Goodyear, ContiTech AG, Fenner, Bridgestone, Cobra Group, Zhejiang Double Arrow, Shandong Aneng, LUTZE, Polycomp and Soucy Group.
Asia Pacific is the fastest-growing region for rubber compound market
| 1. Executive Summary |
| 2. Global Rubber Compound Market Introduction |
| 2.1. Global Rubber Compound Market Taxonomy |
| 2.2. Global Rubber Compound Market Definitions |
| 2.2.1. By Type |
| 2.2.2. By Application |
| 2.2.3. By Region |
| 3. Global Rubber Compound Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Rubber Compound Market Dynamic Factors - Impact Analysis |
| 3.6. Global Rubber Compound Market – Competition Landscape |
| 3.7. Epidemiology Data |
| 4. Global Rubber Compound Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Rubber Compound Market, By Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.1. Silicone Rubber |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Fluoro Rubber |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Butyronitrile Rubber |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. EPDM Rubber |
| 5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Chloroprene Rubber |
| 5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6. Global Rubber Compound Market, By Application, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.1. Transportation |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Construction |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Medical |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Consumer Goods |
| 6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Automotive |
| 6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Others |
| 6.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 7. Global Rubber Compound Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia-Pacific |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Latin America |
| 7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Middle East and Africa |
| 7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Global Rubber Compound Market - Opportunity Analysis Index, By Type, By Resin, By Application, and Region, 2023 - 2029 |
| 8. North America Rubber Compound Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1. Silicone Rubber |
| 8.1.2. Fluoro Rubber |
| 8.1.3. Butyronitrile Rubber |
| 8.1.4. EPDM Rubber |
| 8.1.5. Chloroprene Rubber |
| 8.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 8.2.1. Transportation |
| 8.2.2. Construction |
| 8.2.3. Medical |
| 8.2.4. Consumer Goods |
| 8.2.5. Automotive |
| 8.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 8.3.1. U.S. |
| 8.3.2. Canada |
| 8.4. North America Rubber Compound Market - Opportunity Analysis Index, By Type, Application, And Country, 2023 - 2029 |
| 8.5. North America Rubber Compound Market Dynamics – Trends |
| 9. Europe Rubber Compound Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 9.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Silicone Rubber |
| 9.1.2. Fluoro Rubber |
| 9.1.3. Butyronitrile Rubber |
| 9.1.4. EPDM Rubber |
| 9.1.5. Chloroprene Rubber |
| 9.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Transportation |
| 9.2.2. Construction |
| 9.2.3. Medical |
| 9.2.4. Consumer Goods |
| 9.2.5. Automotive |
| 9.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Germany |
| 9.3.2. UK |
| 9.3.3. France |
| 9.3.4. Spain |
| 9.3.5. Italy |
| 9.3.6. Russia |
| 9.3.7. Poland |
| 9.3.8. Rest of Europe |
| 9.4. Europe Rubber Compound Market - Opportunity Analysis Index, By Type, Application, And Country, 2023 - 2029 |
| 9.5. Europe Rubber Compound Market Dynamics – Trends |
| 10. Asia-Pacific Rubber Compound Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 10.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Silicone Rubber |
| 10.1.2. Fluoro Rubber |
| 10.1.3. Butyronitrile Rubber |
| 10.1.4. EPDM Rubber |
| 10.1.5. Chloroprene Rubber |
| 10.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Transportation |
| 10.2.2. Construction |
| 10.2.3. Medical |
| 10.2.4. Consumer Goods |
| 10.2.5. Automotive |
| 10.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Japan |
| 10.3.2. China |
| 10.3.3. India |
| 10.3.4. ASEAN |
| 10.3.5. Australia & New Zealand |
| 10.3.6. Rest of Asia-Pacific |
| 10.4. Asia-Pacific Rubber Compound Market - Opportunity Analysis Index, By Type, Application, And Country, 2023 - 2029 |
| 10.5. Asia-Pacific Rubber Compound Market Dynamics – Trends |
| 11. Latin America Rubber Compound Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 |
| 11.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.2. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1. Silicone Rubber |
| 11.2.2. Fluoro Rubber |
| 11.2.3. Butyronitrile Rubber |
| 11.2.4. EPDM Rubber |
| 11.2.5. Chloroprene Rubber |
| 11.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Transportation |
| 11.3.2. Construction |
| 11.3.3. Medical |
| 11.3.4. Consumer Goods |
| 11.3.5. Automotive |
| 11.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. Brazil |
| 11.4.2. Mexico |
| 11.4.3. Argentina |
| 11.4.4. Rest of Latin America |
| 11.5. Latin America Rubber Compound Market - Opportunity Analysis Index, By Type, Application, And Country, 2023 - 2029 |
| 11.6. Latin America Rubber Compound Market Dynamics – Trends |
| 12. Middle East and Africa Rubber Compound Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 12.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Silicone Rubber |
| 12.1.2. Fluoro Rubber |
| 12.1.3. Butyronitrile Rubber |
| 12.1.4. EPDM Rubber |
| 12.1.5. Chloroprene Rubber |
| 12.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Transportation |
| 12.2.2. Construction |
| 12.2.3. Medical |
| 12.2.4. Consumer Goods |
| 12.2.5. Automotive |
| 12.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Gulf Cooperation Council (GCC) Countries |
| 12.3.2. Israel |
| 12.3.3. South Africa |
| 12.3.4. Rest of MEA |
| 12.4. MEA Rubber Compound Market - Opportunity Analysis Index, By Type, Application, And Country, 2023 - 2029 |
| 12.5. MEA Rubber Compound Market Dynamics – Trends |
| 13. Competition Landscape |
| 13.1. Strategic Dashboard of Top Market Players |
| 13.2. Company Profiles (Introduction, Financial Analysis, Key Developments, Strategies, and SWOT Analysis) |
| 13.2.1. Goodyear |
| 13.2.2. ContiTech AG |
| 13.2.3. Fenner |
| 13.2.4. Bridgestone |
| 13.2.5. Cobra Group |
| 13.2.6. Zhejiang Double Arrow |
| 13.2.7. Shandong Aneng |
| 13.2.8. LUTZE |
| 13.2.9. Polycomp |
| 13.2.10. Soucy Group |
| 14. Research Methodology |
| 15. Key Assumptions and Acronyms |
- Goodyear
- ContiTech AG
- Fenner
- Bridgestone
- Cobra Group
- Zhejiang Double Arrow
- Shandong Aneng
- LUTZE
- Polycomp
- Soucy Group