Rubber Repair Adhesives - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Rubber Repair Adhesives Market is accounted for $269.05 million in 2018 and is expected to reach $454.57 million by 2027 growing at a CAGR of 6.0% during the forecast period. Increasing demand for rubber conveyor belts from many industry verticals and superior performance properties of rubber repair adhesives over mechanical fasteners are the major factors propelling the market growth. However, volatility in raw material pricing and supply availability are hampering the market growth.
Rubber repair adhesives are adhesive used to repair rubber which are extensively used in the mining & quarrying industry for repair of conveyor belts, pulleys, and rollers. Rubber conveyor belts reinforced with nylon or steel cords are the most expensive part of a conveyor system.
Based on the end user, the mining & quarrying segment is going to have a lucrative growth during the forecast period as this field need constant repair and maintenance of rubber conveyor belts which are exposed to damage in the material processing and shipping. By geography, Asia Pacific is going to have a lucrative growth during the forecast period owing to presence of established industries and continuous technological advancements, rising demand for high performing rubber repair adhesives.
Some of the key players profiled in the Rubber Repair Adhesives Market include Sika, Rema Tip Top AG, Lord Corporation, Illinois Tool Works Inc, Henkel Ag & Co, H.B, Fourthane, Eli-Chem Resins UK Limited, Belzona International Ltd., 3M, Bostik, Permabond LLC, Imtech, Germanbelt Systems Gmbh and Shanxi Betop Industry and Trade Co Ltd.
• Conveyor Belts
• Pipes & Fittings
• Tanks & Vessels
• Cold Bond Rubber Repair Adhesives
• Hot Bond Rubber Repair Adhesives
End Users Covered:
• Mining & Quarrying
• Cement & Aggregate
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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