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Rubber Molding Market Expansion To Be Persistent During Forecast Period

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The RUBBER MOLDING Market report discusses in-depth the growth opportunities, challenges, growth drivers and demands of the market. Further, the research assesses the regional market as well as the global market to gather the data into the scope of the RUBBER MOLDING market. The report also provides estimations and forecasts about the market segment and sub-segments exhibiting favourable growth in the upcoming timeline. The report also gives deeper details into the technological development, industrial scenario, and newly launched product in the RUBBER MOLDING market.

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. High demand for automotive tooling among shops supplying the major car makers is creating a demand for new products. Also, these products are highly used in the aerospace industry to perform in extreme pressure and temperature situations on engines and airframes. 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.

Get Sample copy of this report : https://www.polarismarketresearch.com/industry-analysis/rubber-molding-market/request-for-sample

Globally, rubber molded products is largely being used in automotive, and other industrial sectors. They have various applications in automotive industry for development of products such as rubber bumpers. These bumpers can reduce wear and tear on body parts and increase the durability of vehicle components. When used in industrial applications, they are formulated to suit high temperature areas, refrigeration seals, weathering, oil, and fuel resistance. Some of the other products produced by using molded rubber include grips and handles, gloves, snorkels and swim fins, earplugs and so on.

Use of molding in development of these products provides excellent processing performance, fast cure rates, reduced cycle times and lower production costs. With increasing end use applications, the demand for these products is growing at an advanced rate which has propelled companies to enhance their research and manufacturing capabilities. For instance, in June 2017, Jokey Group extended its international manufacturing footprint with the acquisition of injection molder Treplas SL in Spain. Furthermore, technological advancement also plays a vital role in development of this industry segment. Emergence of robotics and automated manufacturing techniques are driving the growth of this market at a significant rate.

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. As the application of liquid silicone rubber is increasing in automotive, medical and other markets, the molders are experiencing resin shortages. The industry has seen supply shortages caused by a global net reduction in silicone monomer capacity. However, emerging economies and growing presence of international players in the developing and under developed countries is expected to offer significant growth opportunities during the forecast period. Growing population, increasing demand for advanced technologies, rapid development of the automotive industries and growing industrial sectors are providing a new avenue for the players to enhance their business by expanding their global presence.

The key players in the market include Freudenberg and Co. Kg, Continental AG, Sumitomo Riko Co. Ltd., NOK Corporation, Federal-Mogul Corporation, Hutchinson SA, Toyoda Gosei Co., Ltd., Trelleborg AB, Bohra Rubber Pvt. Ltd, and Steele Rubber Products among others.

Request For Discount : https://www.polarismarketresearch.com/industry-analysis/rubber-molding-market/request-for-discount-pricing

About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world

Contact us

Polaris Market Research

Phone: 1-646-568-9980

Email: [email protected]

Web: www.polarismarketresearch.com


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