Market Highlights: Rubber compounding refers to procedure in which some chemicals are added to the raw rubber to obtain the final product. Rubber compound market has high growth prospects owing to increasing demand for the rubber product in the automotive, footwear, wire and cable insulation, and other industries. Further, growing automobile industry supplementing the growth of rubber compound market. In addition, rising demand from the developing economies expected to drive the demand for rubber compound over the forecasted period. The market study is being classified by Type (Silicone Rubber, Fluoro Rubber, Butyronitrile Rubber, EPDM Rubber, Chloroprene Rubber and Others), by Application (Tires, Hose and Belting, Roofing and Geo Membranes, Footwear and Wire and Cable Insulation) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Rubber Compound are AirBoss of America (Canada), B D Technical Polymer (United Kingdom), Bridgestone (Japan), Continental AG (Germany), HEXPOL (Sweden), Polycomp (Netherlands), Sanock Rubber Company (Poland), Condor (Germany) and Roop Polymers Ltd. (India).
Key Questions Answered in the Report What will the Rubber Compound Market size and the growth rate be in Future? What are the key factors driving the Rubber Compound Market? What are the key market trends and macro-economic impacting the growth of the Rubber Compound Market? What are the challenges to market growth? Who are the key vendors in the Rubber Compound Market? What are the market opportunities and threats faced by the vendors in the Rubber Compound Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Rubber Compound Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Rubber Compound market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Rubber Compound market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Rubber Compound Manufacturers, Rubber Compound Distributors/Traders/Wholesalers, Rubber Compound Subcomponent Manufacturers, Industry Association, Downstream Vendors and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.