Scope of the Study
Cellular rubber is also known as foam rubber as it is manufactured with the foaming agent. These are made of polyurethane or latex. The structure of cellular rubber consist of partly open cells as compared to the sponge rubber which consists of completely opened cells. It is applicable in automotive as well as space industry where it is used for sealing, isolating, confinement and shock absorption. Moreover, the cellular rubber appears black as it is filled with soot. It comes with various features such as limited water absorption, weather resistant, high tear strength, resistant to chemicals and acid and others.
The market study is being classified by Type (Cellular rubber sheet and Cellular rubber rolls), by Application (Sealing, Isolating, Confinement and Shock absorption) and major geographies with country level break-up.
Rubbermill (United States), GCP (Canada), American National Rubber (United States), Kirkhill (United States), Hanna Rubber Company (United States), Martins Rubber (United Kingdom), Reilly Foam Corporation (United States), Colonial Diversified Polymer Products, LLC (United States), Sperry & Rice LLC (United States) and SJG International (United Kingdom) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Griswold (United States).
The market of cellular rubber is moderately concentrated. The companies are focusing on technological advancements. Also, the emerging economies are to estimate positive growth due to the factors such as growing usage in consumer electronics in upcoming years Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Cellular Rubber market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Cellular Rubber market by Type, Application and Region.
On the basis of geography, the market of Cellular Rubber has been segmented into 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Usage of cellular rubber in electronic and automotive industry is contributing towards the market growth. The cellular rubber is used for sealing or isolating from the vibrations in electronic devices and vehicles. In addition, it is used while fitting the solar components and photovoltaic systems. These wide range of applications in automotive and electronics are fueling the market.
Restraints
- Fluctuations in prices of raw materials
Opportunities
- Customizable properties of cellular rubber catering to specific requirements
Challenges
- Stiff competition among the major players
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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