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% during the forecast period, according to a new research published by Polaris Market Research. 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.
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 global automotive industry and increasing average life of vehicles has 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, increasing trend towards green materials, stringent government regulations regarding vehicular emissions and safety, and technological advancements are expected provide numerous growth opportunities to the market players 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 manufacturing industry further support market growth in the region.
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Polaris Market Research has segmented the global Rubber Molding Market on the basis of type, material, end-user and region.
- Injection Molding
- Transfer Molding
- Compression Molding
- Others
Rubber Molding Material Outlook (Revenue, USD Billion, 2015 – 2026)
- Ethylene Propylene Diene Monomer
- Styrene-Butadiene Rubber
- Natural Rubber
- Others
Rubber Molding Material End-User Outlook (Revenue, USD Billion, 2015 – 2026)
- Automotive
- Healthcare
- Industrial
- Sporting Goods
- Other
Rubber Molding Material Regional Outlook (Revenue, USD Billion, 2015 – 2026)
- North America (U.S., Canada)
- Europe (France, Germany, UK, Italy, Spain, Belgium, Russia, Netherlands, RoE)
- Asia Pacific (India, Japan, China, Korea, Singapore, Malaysia, Indonesia, Thailand, Philippines, RoAPAC)
- Latin America (Brazil, Mexico, Argentina, RoLATAM)
- MEA (UAE, Saudi Arabia, South Africa, Rest of MEA)
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In 2017, the automotive segment dominated the global market, in terms of revenue.
Rubber molding is increasingly being used in manufacturing of automotive parts.
The growing need for improved fuel efficiency and reduced rolling resistance accelerates the demand for rubber molding.
Increasing demand from developing nations, increasing trend towards green materials, stringent government regulations regarding vehicular emissions and safety, and technological advancements are expected provide numerous growth opportunities to the market players during the forecast period.
Liquid injection molding offers benefits such as reduced contamination, optimized cycle times, biocompatibility, inertness and stability, flexibility, and superior heat resistance.
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.
Global Automotive Battery Thermal Management System Market: Trending in 2021 New York, NY 3 June 2021: The worldwide Automotive Battery Thermal Management System Market is anticipated to reach around USD 5.4 billion by 2026, according to a new research published by Polaris Market Research.
The passenger car dominated the global Automotive Battery Thermal Management System market in 2017.
In 2017, Asia-Pacific accounted for the majority share in the global automotive battery thermal management system market.The significant increase in demand for electric vehicles, and rising need to improve battery performance and efficiency of electric vehicles boosts the demand for automotive battery thermal management system.
New emerging markets, emerging consumer demographics, and stringent government regulations would provide growth opportunities for automotive battery thermal management system market in the coming years.
Request For Sample Copy @ https://www.polarismarketresearch.com/industry-analysis/automotive-battery-thermal-management-system-market/request-for-sample In 2017, Asia-Pacific accounted for the highest share in the global automotive battery thermal management system market.
The growing demand for electric vehicles in the region, established automotive industry, and technological advancements would accelerate the demand for automotive battery thermal management system systems during the forecast period.
Use of air flow sensors in building automation projects, especially as a component in HVAC systems are positioned to create plethora of white spaces for air flow sensor manufacturers.
China along with ASEAN and South Asian countries to captivate global air flow sensor industry stakeholders.
Based on output type, the analog segment is expected to witness a significant CAGR, in terms of volume and value, during the forecast period.Estimated sales of air flow sensors in the global market is estimated to be valued at US$ 1,942.5 Mn by the end of 2018, witnessing a CAGR growth of 3.6% over the forecast period.
North America, China and Europe are expected to account for a lion’s share of the global air flow sensor market by the end of 2026 and are expected to retain their positions during the forecast period.The air flow sensor market report highlights the following players:DENSO CORPORATIONFirst Sensor AGDelphi TechnologiesHELLA GmbH & Co. KGaAOthersThe air flow sensor market report examines the operating pattern of each player – new product launches, partnerships, and acquisitions – has been examined in detail.China & Europe air flow sensors market may continue to dominate the global airflow sensors market during the forecast period.
North America air flow sensor market is expected to be next in the run owing to prompt adoption of automobile and healthcare equipment.
Latin America and MEA are estimated to grow at above average pace over the projected period.
New York, NY 27 July 2021: The global rubber molding market size is expected to reach USD 51.42 billion by 2026 according to a new study by Polaris Market Research.
The report “Rubber Molding Market Share, Size, Trends, Industry Analysis Report By Type (Injection Molding, Transfer Molding, Compression Molding); By Material (EPDM, SBR, Natural Rubber); By End User (Automotive, Healthcare, Industrial, Sporting Goods); By Regions, Segments & Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.Molded rubber parts offer excellent performance characteristics and qualities compared to many other materials, which makes it a great choice for a wide range of automotive, healthcare, sports gear and other applications.
The companies operating in the rubber molding industry are skilled with industrial mold and they can easily make the transition from industrial products to medical or automotive products as both these industries require similar safety standards.
Request For Sample Copy @ https://www.polarismarketresearch.com/industry-analysis/rubber-molding-market/request-for-sampleUse of molding in development of these products provides excellent processing performance, fast cure rates, reduced cycle times and lower production costs.
Factors such as price volatility, shortage of advanced raw material, and regulatory issues are some of the factors that are likely to restrain the growth of this market during the forecast period.
The industry has seen supply shortages caused by a global net reduction in silicone monomer capacity.
