Top Companies in Rubber Compound Market | Major Companies Market Forecast, Market Leading Players, Market Historical Data & Future Scope | Vantage Market Research
The completed rubber material generated by processing a combination of raw rubber, fillers, and other chemicals is referred to as a rubber compound
Market Overview:
The Global Rubber Compound Market was valued at USD 8,182.3 Million in 2021 and is expected to reach a value of USD 1, 2698.4 Million by 2028. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 7.6% over the forecast period. The finished rubber material produced by processing a mixture of raw rubber, fillers, and other chemicals is referred to as a Rubber Compound. To achieve the specified performance requirements, chemicals are utilized to improve the qualities of raw rubber. Substances such as polymers, fillers, antioxidants, curing agents, oil, and accelerators create Rubber compounds. They enhance the rubber's physical characteristics and processability, guard against long-term deterioration, and impact vulcanization. The tire and automobile sectors extensively use the Rubber Compound, which comes in various forms, including silicone rubber, fluoro rubber, and butyronitrile rubber.
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Some of the key players operating in the Rubber Compound Market are listed below:
Company Name |
Revenue in the US |
|
$1 Billion |
|
<$5 Million |
|
$2 Billion |
|
$5 Billion |
|
<$5 Million |
|
$18 Million |
|
$470 Million |
|
$77 Million |
Founded in 1997, HEXPOL Compounding is a leading global developer and manufacturer of quality polymer compounds. The Company’s rich heritage embraces customer collaboration by sharing innovation and market knowledge to match the suitable combination with the application.
Phoenix Compounding Technology GmbH manufactures rubber compounds for different applications. The Company offers natural and synthetic rubber, compounds, inquiry compounds, and testing systems. Phoenix Compounding Technology operates in Germany.
Cooper Standard is a leading materials science and manufacturing expert headquartered in Northville, Mich. USA. The Company operates in 21 countries with a global team of close to 25 thousand employees. Cooper Standard company develops materials, systems, as well as components for a wide range of diverse markets. Innovation from materials science to final products – they reinvent boundaries to deliver sustained value for all their stakeholders and the global industries they serve.
Hutchinson is a manufacturer with its headquarters located in Paris, France, and was founded in 1853, by Hiram Hutchinson in the city of Châlette-Sur-Loing, in Central France. The Company is a subsidiary of TotalEnergies. It has around 44 thousand employees working for the Company in around 24 countries globally. The Company offers products for aerospace and automotive industries as well as rail, construction, industry, and defense. It is the third largest non-tire rubber manufacturer in the world.
Polymer-Technik Elbe is a manufacturer that provides polymers, extrusion, and drinking water compound products. Polymer-Technik Elbe headquarters are located in Wittenberg, Baden-Wurttemberg, Germany.
Elastomix is a manufacturing industry that manufactures synthetic rubber and electronic material polishing pads. Elastomix creates a "masterbatch" that is the foundation of rubber products by combining polymer-like raw rubber with various chemicals. "Masterbatch" is transported to various manufacturing businesses, including automobile parts makers, and is utilized for everyday items like automobile parts and household essentials. In addition, electronic material polishing pads are manufactured. They also make polishing pads for semiconductor fabrication, utilizing the skillset they developed in synthetic rubber masterbatch manufacturing.
AirBoss of America is a chemical and manufacturing company based in Toronto, Ontario, Canada. The Company is traded on the Toronto Stock Exchange as BOS and was founded by Alan R. Burns in 1989, focusing on airless rubber treads for skid-steer loaders in the mining industry, which first hit the market in 1995.
American Phoenix is an experienced custom rubber mixer located in Eau Claire, Wisconsin. The Company is one of the major suppliers of runner compounds, meeting exact customer specifications for premier manufacturers in multiple industries.
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