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Industrial Rubber Market Global Demand, Industry Sales and Shares

Global Industrial Rubber Market: Segmental Analysis

The Global Industrial Rubber Market has been segmented on the basis of Product, Type, Product Processing, Region and End-Use Industry.

By Mode of Product Processing, the Global Industrial Rubber Market is segmented into roller die, coating, extrusion, calendering, molding & casting, and others.

By Mode of End-Use Industry, the Global Industrial Rubber Market is segmented into electrical & electronics, automotive, building & construction, industrial manufacturing, and others.

Market Scenario

The Industrial Rubber Market is estimated to expand at a staggering CAGR during the forecast period (2018-2023) owing to the increasing demand from the automotive industry, asserts Market Research Future (MRFR). Rubber is a hydrocarbon polymer which occurs as a milky latex in the sap of several plants and can also be synthetically manufactured. Industrial Rubber can naturally occur or can be synthesized commercially.

Industry News

Mahansaria Tyres Private Limited has proposed a manufacturing plant for several types of automobiles and tyres ancillary items. The company intends to manufacture off-highway tires for vehicles used in construction, forestry, agriculture, industrial, and mining handling. The company apart from this will also manufacture tyres for motorcycles and passenger cars.

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