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Industrial Rubber Products Market worth US$ 174 Bn by 2027 – KSU


Industrial Rubber Products Market worth US$ 174 Bn by 2027
Industrial Rubber Products Market is projected to grow at CAGR of 6% during forecast period 2019 to 2027. Natural Rubber Held Major Share of Global Industrial Rubber Products Market
tmrJune 1, 2021
Global Industrial Rubber Products Market: Key Highlights
The global industrial rubber products market was valued at ~US$ 106 Bn in 2018, and is anticipated to expand at a CAGR of ~6% from 2019 to 2027. The demand for synthetic rubber has increased in industrial, automotive, and performance-demanding applications due to their unique properties.
In terms of volume, the automotive industry is a major consumer of industrial rubber products, which are used in various dynamic and static seals, belts, and hoses. Thus, rise in the demand for rubber products in various industries is driving the global industrial rubber products market. ....

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Worldwide Automotive NVH Materials Industry to 2026 - Featuring BASF, ExxonMobil and 3M Among Others


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The global automotive NVH materials market reached a value of US$ 11.01 Billion in 2020. Automotive NVH materials, also known as noise, vibration, and harshness materials, are used to reduce unwanted noise, vibrations (oscillations due to automobile mechanics), and harshness (the level of discomfort) in automobiles. NVH materials, including molded rubbers, metal and film laminates, molded foams and engineering resins, are used to control air and structure-borne noises as well as noise generated from the interior components of the vehicles. In recent years, there has been a heightened demand for NVH materials as they absorb noise and prevent it from entering the vehicle, thereby preventing discomfort and improving the ride quality. ....

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