Germany Industrial Rubber Market – Growth, Overview & Outlook

Germany Industrial Rubber Market is projected to grow at a  CAGR of 4.3 percent during 2022-2027. The major factor contributing in the growth of the market is the growing tire industry in the country since Germany is the main exporting hubs for automobile producers, Germany’s automotive industry is known worldwide for its high-quality automobile manufacturing. Moreover, growing vehicle ownership coupled with moderate growth in new vehicle sales is expected to continue boosting tire sales in Germany over the next five years which will further boost the demand for Industrial Rubber in the country. Based on application, the market has been categorized into Automotive, Wire & Cable, Building & Construction, Industrial Manufacturing, Medical & Healthcare, Medical & Healthcare, Coating, Sealant & Adhesive and Others. In 2021, the automotive industry dominated the market in terms of value and volume and is expected to maintain its dominance over the next five years since the automotive industry is the largest sector in Germany. In 2021, the auto sector listed a turnover of EUR 423 billion, around 20 percent of total German industry revenue. Moreover, Germany is home to 40 automobile assembly and engine production plants with a capacity of over one-third of total automobile production in Europe. These factors drive the automotive industry in Germany which further increases the demand for industrial rubber in the country.

Some of the leading players in the Germany Industrial Rubber Market

1. Lanxess, TSRC Corporation
2. The Goodyear Tire and Rubber Company
3. Sinopec
4. Dow Chemical Company
5. Zeon Corporation
6. Nizhnekamskneftekhim
7. Kumho Petrochemical
8. JSR Corporation
9. Versalis S.P.A., LG Chem, etc.

The objective of the Study:

• To analyse and forecast the market size of the Industrial Rubber Market, in terms of value and volume.
• To classify and forecast Germany Industrial Rubber Market based on type, product, application and regional distribution.
• To identify drivers and challenges for Germany Industrial Rubber Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Germany Industrial Rubber Market.
• To conduct the pricing analysis for Industrial Rubber Market.
• To identify and analyze the profile of leading players involved in the manufacturing of the Germany 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 Germany. 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 suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across Germany.

TechSci Research calculated the market size of Germany Industrial Rubber Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

• Industrial Rubber Manufacturers
• End User
• Distribution utilities
• Government utility providers
• Industry associations and experts
• Research organizations and consulting companies.
• Research Institutes
• Industry associations
• Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Germany Industrial Rubber Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Germany Industrial Rubber Market, By Type:
  • Natural Rubber
  • Synthetic Rubber
  • Synthetic Rubber

• Nitrile Rubber
• SBR
• PBR
• Butyl and Halo Butyl Rubber
• Neoprene
• EPDM

• Germany Industrial Rubber Market, By Product:
  • Mechanical Rubber Good
  • Rubber Belt
  • Rubber Hose
  • Rubber Roofing
  • Others
• Germany Industrial Rubber Market, By Application:
  • Automotive
  • Wire & Cable
  • Building & Construction
  • Industrial Manufacturing
  • Medical & Healthcare
  • Medical & Healthcare
  • Coating
  • Sealant & Adhesive
•  Germany Industrial Rubber Market, by Country:
  • Germany
    • North Rhine-Westphalia
    • Bavaria
    • Baden-Wurttemberg
    • Saxony
    • Hesse
    • Rest of Germany

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Industrial Rubber Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the 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).

Profit Margin Analysis

• Profit margin analysis in case of direct and indirect sales channel.

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Table of Content-  Germany Industrial Rubber Market

1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer

4.1.  Product Awareness

4.2.  Factors Influencing the Purchase Decision

4.3.  Product Pricing

4.4.  Challenges & Unmet Needs

5. Impact of COVID-19 on Germany Industrial Rubber Market
6. Germany 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, Wire & Cable, Building & Construction, Industrial Manufacturing, Medical & Healthcare, Medical & Healthcare, Coating, Sealant & Adhesive and Others)

6.2.4.     By Region

6.2.5.     By Company

6.3.  Market Attractiveness Index

7. Germany 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

7.2.3.     By Country

7.3.  Market Attractiveness Index

8. Germany Synthetic 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

8.2.3.     By Country

8.3.  Market Attractiveness Index

9. Price Point Analysis
10. Market Dynamics

10.1.              Drivers

10.2.              Challenges

11. Market Trends & Developments
12. Policy & Regulatory Landscape
13. Germany Economic Profile
14. Competitive Landscape

14.1.              Competition Outlook

14.2.              Company Profiles (Top 10 Companies)

14.2.1.  Lanxess (DSM)

14.2.2.  TSRC Corporation

14.2.3.  Kumho Petrochemical

14.2.4.  The Goodyear Tire and Rubber Company,

14.2.5.  Sinopec

14.2.6.  Zeon Corporation

14.2.7.  Nizhnekamskneftekhim

14.2.8.  JSR Corporation

14.2.9.  Versalis S.P.A.

14.2.10.                Dow Chemical Company

15. Strategic Recommendation