Industrial Rubber Market Report, By Type -Trend Analysis & Forecast Up To 2024

Industrial rubbers are polymer materials that are characterized by ability of reversible deformation under influence of external deformation forces. The deformation depends on the molecular weight and structure of deformed rubber and on external conditions of deformation. Three major categories of industrial rubbers used today are natural rubber, synthetic rubber and reclaimed rubber. The growth of industrial rubber products consumption has been driven by strong demand from user segments. Industrial rubber finds application in a range of end use industries such building & construction, automotive and aerospace among others. The global industrial rubber market is witnessing outstanding growth owing to increasing demand from the automotive industry. Rapidly growing automotive sector in emerging economies and augmented demand for high-performance tires and sealing products are expected to contribute to the growth of this market. Furthermore, the overall market is also being...