India industrial rubber market is expected to grow at a substantial CAGR during the forecast period. The India industrial rubber market is driven by expanding vehicle fleets, surging new vehicle sales and the booming construction industry. Also, growth in the automotive sector in India is expected to bolster the growth of the market over the next few years. Advancements in technologies is further aiding the growth of India industrial rubber market over the coming years.
The India industrial rubber market is segmented based on type, product, application, company and region. Based on the product, the market can be categorized into mechanical rubber good, rubber belts, rubber hose, rubber roofing, and others. Out of which, the mechanical rubber good dominated the India industrial rubber market in 2019 and is forecast to maintain its lead during the forecast period as well which can be attributed to the global output of motor vehicles and industrial machinery equipment.
Based on type, the natural rubber segment is projected to witness the highest growth in the industrial rubber market during the forecast period due to well-targeted research and development activities coupled with the growing use of natural rubber by automotive, chemical, medical, and other industries.
The major players operating in the industrial rubber market
- Lanxess India Private Limited
- Viscon Rubber Pvt. Ltd.
- LG Chemical India Private Limited
- Apcotex Industries Ltd
- Goodyear India Ltd.
- Zeon India Private Limited
- Nizhnekamskneftekhim
- Continental India
- Cooper Standard Automotive India Pvt. Ltd.
- Bridgestone India Private Limited
- Yokohama India Pvt Ltd and others.
The objective of the Study:
- To analyze and estimate the market size of India industrial rubber market from FY2018 to FY2021.
- To estimate and forecast the market size of India industrial rubber market from FY2022 to FY2028 and growth rate until FY2028.
- To classify and forecast India industrial rubber market based on type, product, application, company and regional distribution.
- To identify the dominant region or segment in the India industrial rubber market.
- To identify drivers and challenges for India industrial rubber market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India’s industrial rubber market.
- To conduct pricing analysis for India’s industrial rubber market.
- To identify and analyze the profile of leading players operating in India industrial rubber market.
- To identify key sustainable strategies adopted by market players in India industrial rubber market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of India industrial rubber market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Industrial rubber manufacturers
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to industrial rubber
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | FY2022 |
| Historical Data | FY2018 – FY2021 |
| Estimated Year | FY2023 |
| Forecast Period | FY2024 – FY2028 |
| Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for FY2018- FY2022 and FY2023E-FY2028F |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | Type Product Application |
| Regional scope | North, South, East, West |
| Key companies profiled | Lanxess India Private Limited, Viscon Rubber Pvt. Ltd., LG Chemical India Private Limited, Goodyear India Ltd., Zeon India Private Limited, Nizhnekamskneftekhim, Continental India, Cooper Standard Automotive India Pvt.Ltd., Bridgestone India Private Limited, Yokohama India Pvt Ltd. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, India industrial rubber market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- India Industrial Rubber Market, By Type:
- Natural Rubber
- Synthetic Rubber
- Nitrile Rubber
- SBR
- PBR
- Butyl and Halo Butyl Rubber
- Neoprene
- EPDM
- India Industrial Rubber Market, By Product:
- Mechanical Rubber Good
- Rubber Belt
- Rubber Hose
- Rubber Roofing
- Others
- India Industrial Rubber Market, By Application:
- Automotive
- Construction
- Manufacturing
- Medical & Healthcare
- Electrical & electronics
- Others
- India Industrial Rubber Market, By Region:
- North Region
- East Region
- West Region
- South Region
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in India industrial rubber market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
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Table of Content- India Industrial Rubber Market
- Product Overview
- Research Methodology
- Impact of COVID-19 on India Industrial Rubber Market
- Executive Summary
- Voice of Customers/Customer Insights
- India Industrial Rubber Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Type (Natural Rubber and Synthetic Rubber)
6.2.2. By Product (Mechanical Rubber Good, Rubber Belt, Rubber Hose, Rubber Roofing and Others)
6.2.3. By Application (Automotive, Building & Construction, Industrial Manufacturing, Medical & Healthcare, Electrical & electronics and Others)
6.2.4. By Region (North, South, East, West)
6.2.5. By Company
6.3. Market Attractiveness Index
- India Natural Rubber Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Product
7.2.2. By Application
- India Industrial Rubber Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Product
8.2.2. By Application
- Market Dynamics
9.1. Drivers/Opportunities
9.2. Challenges/Restraints
- Market Trends & Developments
- Policy & Regulatory Landscape
- India Economic Profile
- Competitive Landscape
13.1. Company Profiles
13.1.1. Lanxess India Private Limited
13.1.2. Viscon Rubber Pvt. Ltd.
13.1.3. Apcotex Industries Ltd
13.1.4. LG Chemical India Private Limited
13.1.5. Goodyear India Ltd.
13.1.6. Zeon India Private Limited
13.1.7. Nizhnekamskneftekhim
13.1.8. Continental India
13.1.9. Cooper Standard Automotive India Pvt.Ltd.
13.1.10. Bridgestone India Private Limited
13.1.11. Yokohama India Pvt Ltd
- Strategic Recommendations
- About Us & Disclaimer