The global rubber extruder market size is expected to reach USD 4,021.5 Million by 2032. The rubber extruder market is growing rapidly. As per FMI analysts, the global rubber extruder market is estimated to be valued at USD 2,399.5 Million in 2022 and is projected to increase at a CAGR of 5.3% during the forecast period.
Over the forecast period, the rubber extruder market is expected to gain traction due to its significant drivers, such as the introduction of new and novel rubber products.
Several other factors are also expected to boost the demand for rubber extruders, such as the growing automotive manufacturing industry in emerging and developed regions and the growing consumer awareness about comfort is expected to gain traction in the overall industry of rubber extruders. Providing fuel-efficient and high-performance vehicles in the automotive industry is a key consumer demand that manufacturers are able to serve with innovative rubber products.
| Report Attribute | Details |
|---|---|
| Rubber extruder Market Estimated Base Year Value (2021) | USD 2,278.73 Million |
| Rubber extruder Market Expected Market Value (2022) | USD 2,399.5 Million |
| Rubber extruder Market Anticipated Forecast Value (2032) | USD 4,021.5 Million |
| Rubber extruder Market Projected Growth Rate (2022 to 2032) | 5.3% CAGR |
There is an expected increase in demand for rubber extruders from both the automotive and construction industries over the forecast period. As a result of the growing population around the world along with growing infrastructure spending, there is an expected increase in industry growth.
With a market share of 26.0% in Europe, countries such as Germany and Russia are predicted to grow during the forecast period. Stringent emission regulations are causing rubber products to become more prevalent in interior floor coverings in all types of vehicles.
The North American market with a market share of 22.0% and the Middle East market with a market share of 19.5% have lavish lifestyles and a higher standard of living, resulting in the growing use of rubber products in a number of industries such as automotive and footwear, which will drive the sales of rubber extruders in global markets.
In the future, people are expected to be more attracted to comfortable and slick rubber products, which makes the rubber extruder market likely to grow rapidly. Developing markets in the APEJ region, especially China and India, will also play an important role in the growth of the rubber extruder market.
As manufacturing industries grow in countries like India and China, the rubber extruder market has tremendous growth potential. Leading manufacturers are focusing on developing innovative products with improved quality and energy efficiency, such as Japan Steel Works, Ltd.
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The rubber extruder market has received a lot of traction in the industry. As a result of significant technological innovations in processing and the introduction of new and innovative rubber products to the global market, the rubber extruder market is expected to gain significant traction over the next few years.
Rubber extruder demand will also be driven by other factors, including the growing automotive industry in emerging and developed regions, increasing awareness about the benefits of rubber extruders, progressive consumer concerns regarding the environment, comfort, and other such factors that will benefit the sales of rubber extruders. There is an opportunity for manufacturers to introduce innovative rubber products that are being mass-produced for fuel-efficient & high-performance vehicles for changing consumer demands.
During the forecast period, the automotive industry and the construction industry are expected to fuel demand for rubber extruders. Furthermore, the growing population and growing infrastructure spending worldwide are also expected to contribute to the rubber extruder market's growth.
Rubber extruders are expected to see rapid growth in the coming years in all developed and developing countries. The markets in the APEJ region, particularly China and India, will play an important role in the growth of rubber extruders in the near future. There is a growth potential for rubber extruders in countries like India and China, whose manufacturing industries are growing rapidly.
The North American region, with a market share of 22.0%, and the Middle Eastern region, which have higher standards of living and higher disposable incomes, have led to high demand for rubber in end-use industries, such as automotive and footwear, which is predicted to increase demand for rubber extruders.
Global rubber extruder demand is expected to grow in APAC and Europe over the forecast period. European countries with 26.0% of the global market share, such as Germany and Russia, are the fastest growing countries. Stringent emission regulations are boosting the demand for rubber extruder in interior materials for all vehicle types.
Principal Consultant
Increasing consumer demands for lower emissions vehicles have encouraged manufacturers to meet minimum fuel economy targets, and in order to continue this trend, manufacturers have formed tie-ups with OEMs to build specific products for cars. Japan Steel Works, Ltd., for example, is investing heavily in developing innovative products for improved quality and efficiency.
Some of the leading companies operating in the global Rubber Extruder Market include G. Engineering Works, KraussMaffei Berstorff, SANTOSH RUBBER MACHINERY PVT. LTD., Barwell Global Ltd., Alchemy Engineers, Slach Hydratecs Equipment Pvt Ltd., TROESTER GmbH & Co. KG, Well Shyang Machinery (WSM), Zenith Worldwide, MITSUBA MFG. CO., LTD., and DEGUMA-SCHÜTZ GmbH.
Market participants in the rubber extruder market with an extensive global presence, dominating the rubber extruder market with their extensive distribution networks, integrated with innovative product portfolios, have been key to the rubber extruder market's growth.
In response to consumer preferences for lower carbon emissions, manufacturers have sought to attain minimum fuel efficiency and have formed partnerships with OEMs to develop automotive-specific products. In particular, Japan Steel Works, Ltd. is at the forefront of developing innovative products with improved quality and energy efficiency.
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| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 5.3% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2016 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | Product Type, Component, End to User, Region |
| Regions Covered | North America; Latin America; Western Europe; Eastern Europe; Asia to Pacific; Japan; Middle East and Africa |
| Key Countries Profiled | USA, Canada, Brazil, Mexico, Germany, U.K, France, Spain, Italy, Russia, Poland, Australia, New Zealand, China, India, Japan, GCC, South Africa, North Africa |
| Key Companies Profiled | G. Engineering Works; KraussMaffei Berstorff; SANTOSH RUBBER MACHINERY PVT. LTD.; Barwell Global Ltd.; Alchemy Engineers; Slach Hydratecs Equipment Pvt Ltd.; TROESTER GmbH & Co. KG; Well Shyang Machinery (WSM); Zenith Worldwide; MITSUBA MFG. CO., LTD.; DEGUMA to SCHÜTZ GmbH |
| Customization | Available Upon Request |
The rubber extruder market is set to exceed USD 4,021.5 Million by 2032.
The U.S. is projected to lead the rubber extruder market during the forecast period.
The rubber extruder market is likely to secure a CAGR of 5.3% through 2032.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Rubber Extruder Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global Rubber Extruder Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type 5.1. Cold Feed 5.2. Hot Feed 5.3. Others 6. Global Rubber Extruder Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Component 6.1. Screw Drives 6.2. Heaters 6.3. Dies 6.4. Others 7. Global Rubber Extruder Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use 7.1. Automotive 7.2. Consumer Goods 7.3. Belt Conveyors and Transmission Belts 7.4. Others 8. Global Rubber Extruder Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. Asia Pacific 8.5. MEA 9. North America Rubber Extruder Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10. Latin America Rubber Extruder Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. Europe Rubber Extruder Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. Asia Pacific Rubber Extruder Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13. MEA Rubber Extruder Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 14. Key Countries Rubber Extruder Market Analysis 15. Market Structure Analysis 16. Competition Analysis 16.1. G. Engineering Works 16.2. KraussMaffei Berstorff 16.3. SANTOSH RUBBER MACHINERY PVT. LTD. 16.4. Barwell Global Ltd. 16.5. Alchemy Engineers 16.6. Slach Hydratecs Equipment Pvt Ltd. 16.7. TROESTER GmbH & Co. KG 16.8. Well Shyang Machinery 16.9. Zenith Worldwide 16.10. MITSUBA MFG. CO., LTD. 16.11. DEGUMA to SCHÜTZ GmbH 17. Assumptions & Acronyms Used 18. Research Methodology
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Rubber Extruder Market
