The demand for cellular rubber is expected to be worth US$ 8.4 billion in 2022 and is projected to increase at a CAGR of 5.91% to US$ 15 billion from 2022 to 2032. Increased demand for the automotive industries is credited with growth.
FMI’s latest report on global Cellular Rubber market provides analysis on regulatory landscape and profitable epidemiology. The study also tracks global sales of primary Cellular Rubber in 20+ high-growth markets, along with the detailed coverage of the impact COVID-19 had on the Cellular Rubber market.
In the last couple of years, chemicals & materials industry has witnessed considerable technological advancements across various sectors. Coupled with this, increasing research and development activities following the outbreak of COVID-19 have had a positive impact on the overall growth.
With the development in petroleum & oil and gas companies and R&D activities, the market has witnessed a healthy expansion. FMI’s latest report offers significant details about the latest trend and challenges that the Cellular Rubber market is expected to witness in the upcoming decade.
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The cellular rubber market is primarily supported by the electrical, automotive, and rubber sectors. Cellular rubber is particularly helpful in end-use industries like the automotive sector, where it is utilized to create, among other things, door seals and tubes, body and chassis elements, and weather-stripping. The space industry uses cellular rubber for a variety of purposes, including sealing, stress reduction, and confinement.
Additionally, cellular rubber-based foam blanks are used for the transportation and installation of solar components. Cellular rubber is also used in the space industry for light and engine sealing. These elements are therefore anticipated to be responsible for the expansion of the cellular rubber market throughout the course of the forecast period.
Cellular Rubber Market: Key Segmentation
Extensive study of the geographical regions offers detailed insights on the market performance across major regions along with descriptive info graphics, datasets, and list of tables.
- Cellular Rubber Sheets
- Cellular Rubber Rolls
- Other Cellular Rubber Products
- Cellular Nitrile Butadiene Rubber (NBR)
- Neoprene Cellular Rubber
- Ethylene Propylene Diene Monomer Cellular Rubber (EPDM)
- Cellular Silicone Rubber
- Other Material based Cellular Rubber
- Cellular Rubber for Automotive
- Cellular Rubber for Electronics
- Cellular Rubber for Aerospace
- Cellular Rubber for Other End Users
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Cellular Rubber Market: Competitive Evaluation
The FMI’s Cellular Rubber market report provides a comprehensive analysis on key players operating in the Cellular Rubber market. Some of the key players are:
- Chicago Wilcox Mfg. Co. Inc.
- Rogers Foam Corp
- Stockwell Elastomerics
- American Foam Rubber, LP
- Foam Rubber LLC
- Saint Gobain Performance Plastics
- Metro Industries,
- Monmouth Rubber & Plastic Corp and Ace Hose & Rubber Co.