UAE industrial rubber market is projected to grow at a robust CAGR during the forecast period, 2017-2027. The market growth can be attributed to the rising construction sector and increasing motor vehicle production and sales in the country. Industrial rubber is utilized in various end-user industries such as automotive, building & construction, industrial manufacturing, electrical and electronics, etc.
The Important Elements of the UAE Industrial Rubber Market
Besides, rising demand for industrial rubber for non-tire applications due to its strong properties such as tear resistance and robustness is expected to drive the growth of the united arab emirates industrial rubber market. Additionally, the development of novel products has led to an enhanced application of industrial rubber in packaging, manufacturing, engineering, and construction, which is expected to fuel market growth in the coming years. Moreover, the rising incorporation of rubber in footwear and other consumer goods such as protective covers, mats, and others is anticipated to boost the growth of the UAE industrial rubber market.
UAE industrial rubber market is segmented on the basis of type, product, application, and region. Based on type, the market is categorized into natural and synthetic rubber. The synthetic rubber segment is projected to grow at the highest CAGR by 2027 in terms of value. Based on product, the market is segmented into mechanical rubber goods, rubber belts, rubber hoses, rubber roofing, and others. The mechanical rubber goods segment is projected to dominate the industrial rubber market during 2023-2027.
This segment will witness steady growth due to the global output of motor vehicles and industrial machinery equipment. Furthermore, the expanding vehicle fleet along with the rising purchasing power of the customers is further expected to boost the tire market in the UAE during the forecast period which will boost the demand for industrial rubber during the forecast period.
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Some of the leading players in the united arab emirates industrial rubber market
- Lanxess
- TSRC Corporation
- The Goodyear Tire and Rubber Company
- Sinopec
- Zeon Corporation
- Nizhnekamskneftekhim
- Kumho Petrochemical
- JSR Corporation
- Versalis S.P.A.
- LG Chem, etc.
| Attribute | Details |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, Volume in Units, CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends |
| Segments covered | · By Type
· By Product · By Application |
| Region scope | Dubai, Abu Dhabi, Sharjah, Rest of UAE |
| Key companies profiled | Lanxess, TSRC Corporation, The Goodyear Tire and Rubber Company, Sinopec, Zeon Corporation, Nizhnekamskneftekhim, Kumho Petrochemical, JSR Corporation, Versalis S.P.A., LG Chem |
| Customization scope | 10% free report customization with purchase. Addition or alteration to 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) |
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Report Scope:
In this report, the UAE industrial rubber market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- united arab emirates Industrial Rubber Market, By Type:
- Natural Rubber
- Synthetic Rubber
- UAE Industrial Rubber Market, By Product:
- Mechanical Rubber Good
- Rubber Belt
- Rubber Hose
- Rubber Roofing
- Others
- UAE Industrial Rubber Market, By Application:
- Automotive
- Wire & Cable
- Building & Construction
- Industrial Manufacturing
- Medical & Healthcare
- Medical & Healthcare
- Coating
- Sealant & Adhesive
- united arab emirates Industrial Rubber Market, By Region:
-
- Dubai
- Abu Dhabi
- Sharjah
- Rest of UAE
-
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in united arab emirates industrial rubber market.
