New York, NY -- (SBWire) -- 11/14/2018 --Nov 2018, New York USA (News)- Over the next five years, Research Reports Inc. projects that Sponge Rubber Market will register a 3.6% CAGR in terms of revenue, reach US$ 7410 million by 2023, from US$ 5990 million in 2017.
Sponge Rubber refers to rubber that has been manufactured with a foaming agent to create an air-filled matrix structure. It is also called foam rubber, cellular rubber, expanded rubber or foam sponge rubber and so on.
North America is the dominate producer of sponge rubber, the production was 1993701 Cubic Meters in 2017, accounting for about 24.35% of the total amount. China has the highest production growth rate of 2.07% from 2013 to 2018. A huge space for growth in the Chinese market exists, the quality and technology should be further improved.
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The industry concentration of sponge rubber is very low. There are many players around the world. The top five companies occupied about 10.38% production share of the market in 2017.
Under the influence of raw materials, market competitions and economic conditions, the price of sponge rubber fluctuate from 2013 to 2018. As competition intensifies, prices gap between different brands will go narrowing.
Major Market Players
- RubberMill
- GCP Industrial Products
- American National Rubber
- Kirkhill Manufacturing Company (KMC)
- Martin?s Rubber
- Colonial DPP
- SJG International
- Griswold
- Elasto Proxy
- Stockwell Elastomerics
- CGR Products
- Saint-Gobain
- Mosites Rubber Company
- EMKA GROUP
- Zeon Corporation
- Fostek
- Monmouth Rubber & Plastics
- OHJI RUBBER & CHEMICALS CO., LTD.
- Foamty Corp.
- Changzhou Tiansheng
- Sansheng industry
- Quanzhou NingShun
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Segmentation by product type:
- Closed-cell Rubber
- Open-cell Rubber
- Other
Segmentation by application:
- Automotive Industry
- Building & Construction
- Aerospace Industry
- Medical Industry
- Daily Necessities
- Other
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Table of Contents
2018-2023 Global Sponge Rubber Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Sponge Rubber Consumption 2013-2023
2.1.2 Sponge Rubber Consumption CAGR by Region
2.2 Sponge Rubber Segment by Type
2.2.1 Sponge Rubber Crystal
2.2.2 Industrial Sponge Rubber
2.3 Sponge Rubber Consumption by Type
2.3.1 Global Sponge Rubber Consumption Market Share by Type (2013-2018)
2.3.2 Global Sponge Rubber Revenue and Market Share by Type (2013-2018)
2.3.3 Global Sponge Rubber Sale Price by Type (2013-2018)
2.4 Sponge Rubber Segment by Application
2.4.1 Glass
2.4.2 Explosives
2.4.3 Agricultural
2.4.4 Chemical Industry
2.4.5 Other
2.5 Sponge Rubber Consumption by Application
2.5.1 Global Sponge Rubber Consumption Market Share by Application (2013-2018)
2.5.2 Global Sponge Rubber Value and Market Share by Application (2013-2018)
2.5.3 Global Sponge Rubber Sale Price by Application (2013-2018)
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Global Sponge Rubber Market Is Estimated to Grow at a CAGR of 3.6% 2023 – RubberMill, GCP Industrial Products, American National Rubber
Global Sponge Rubber Market 2018 Trends Analysis Factor Overview and Growth Report