Cellular rubber is basically a porous rubber consisting of round and closed cells. They are mainly manufactured in accordance with the expansion procedure using gas-developing agents. Cellular rubber provides various advantages such as weather resistance, high tear strength, limited water absorption, oil resistance, chemicals & acid resistance, and is appropriate for self-adhesives. In the automotive industry, cellular rubber is utilized in spacers, load supports, sealing strips, cattle protection, die-cuttings, filters, and distance pads. Nitrile rubber is quite suitable for applications in carburetor as well as fuel pump diaphragms, aircraft hoses, seals, and gaskets, owing to its properties, including excellent resistance to chemicals & oils & high durability. Styrene-Butadiene Rubber (SBR) is further used in processes that involve strong acids, greases, ozone, oils, fats, and hydrocarbons. EPDM has excellent resistance to gas permeability along with aging arising through steam exposure.
MARKET DYNAMICS
The cellular rubbers market has witnessed a significant growth owing to factors such as wider application in end-use industries, such as aerospace and defense, electrical and electronics, sound insulation products, automotive, space applications, and others. Globally increasing consumption in the electrical & electronics, along with the automotive industry, is expected to drive the demand for cellular rubber during the period of study. Furthermore, customizable properties of this rubber catering to specific requirements are fueling the growth of the cellular rubber market, especially in the Asia Pacific and the Middle East regions. However, regulations on various raw materials may hamper the growth of the cellular rubbers market. Nevertheless, with the steady growth in the chemical processing industry and rubber industry, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Cellular Rubbers Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the cellular rubbers market with detailed market segmentation by type, end-use industry, product form, and geography. The global cellular rubbers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cellular rubbers market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global cellular rubbers market is segmented on the basis of type, end-use industry, and product form. On the basis of type, the cellular rubbers market is segmented into carboxymethyl cellulose (CMC), methyl cellulose (MC), hydroxyethyl methyl cellulose, hydroxypropyl methyl cellulose, hydroxyethyl cellulose (HEC), hydroxylpropyl cellulose (HPC), ethyl cellulose (EC), and others. The cellular rubbers market on the basis of the end-use industry is classified into aerospace and defense, electrical and electronics, sound insulation products, automotive, space applications, and others. On the basis of product form, global cellular rubbers market is bifurcated into sheets and rolls.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global cellular rubbers market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cellular rubbers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the cellular rubbers market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the cellular rubbers market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global cellular rubbers market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from cellular rubbers market are anticipated to lucrative growth opportunities in the future with the rising demand for cellular rubbers in the global market. Below mentioned is the list of few companies engaged in the cellular rubbers market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cellular rubbers market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Ace Hose and Rubber Co.
- American Foam Rubber
- Chicago Wilcox Mfg. Co. Inc.
- Foam Rubber LLC
- Hanna Rubber Company
- Metro Industries
- Monmouth Rubber and Plastic Corp
- Rogers Foam Corporation
- Saint Gobain Performance Plastics
- Stockwell Elastomerics
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.