The global Sponge Rubber market was valued at 636.03 Million USD in 2021 and will grow with a CAGR of 2.74% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

This report studies the Sponge Rubber market.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. 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.

By Market Verdors:

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

By Types:

Closed-cell Rubber

Open-cell Rubber

By Applications:

Automotive Industry

Building & Construction

Aerospace Industry

Medical Industry

Daily Necessities

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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