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Rubber Extruder Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Piston Extruder, Roller Extruder, Screw Extruder, and RAM Extruder), By Technology (Cold Feed, Hot Feed, and Others), By End Users (Automotive, Manufacturing, Consumer Goods, Oil and Gas, and Others) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI106968 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Extruded rubber items vary from molded rubber items based on how they are made. Extrude parts are constrained through a die of the desired cross-area with the pressure of an extruder. These parts are frequently made with delicate, vulcanized rubber that are fed in the extruder. The rubber produced by this method remain soft and it needs to be vulcanized and hardened before its actual use. The factors such as an economical and efficient manufacturing process of extruded rubber reduce the production cost of the final goods. Also the wastage of material in this process is very less as the requirement of trimming is less in this method. The rubber extrusion is continuous process that can be manufacture various length of product with different shape as per requirement.


In the recent year the demand of extruded rubber and extruded machine is increasing tremendously. Owing to its benefits such as ability of making various shape of rubber with different length. This extruded parts are widely used in the assembly of various space craft and space shuttle parts, air condition & refrigerator equipment and automotive door manufacturing. This increasing in the demand of the extruded rubber will boost the market globally.

Impact of COVID-19 on Rubber Extruder Market:


Rubber Extruder industry is one of those businesses that are massively affected due to the outbreak of COVID-19. Due to outbreak of coronavirus has affected the rubber extruder industry in numerous ways, it has too brought various opportunities for rubber extruders. At one side, the request for synthetic and normal rubber has declined, the manufacturing of extruded rubber has moreover declined with more than 5%, numerous production facilities are running at 50% capacity and numerous end-user businesses are battling to get their crude fabric (normal and manufactured rubber). On the other hand rubber extruders are utilizing it as an opportunity to reduce the imports of extruded rubber from China and increase their dependence on household industry. Rubber extrusion is labor-intensive industry and has about 6,000 MSMEs that collectively utilize around 600,000 direct employment.COVID-19 pandemic had forced people to stay at home, which had a negative impact on industry.

Key Insights:


The report will cover the following key insights:


  • Recent industry trends and developments.

  • Competitive landscape & strategic key players.

  • The size of the global Rubber Extruder Market is estimated to be 5.5%

  • Complete background analysis including an assessment of the global rubber extruder market.

  • Complete Analysis of Segments.


Regional Analysis:


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  • The Europe region leading the market with a huge share of 49% and it’s projected to dominate the rubber extruder market during the forecast period. In addition, Germany and Italy contributed notably to the boost of the rubber extrusion market in the Europe region.

  • The Asia Pacific rubber extruder market is following the trends of Europe with a market share of 25% and it will remain the highest growing region in the market with the highest CAGR during the forecast period. In addition, the growing adoption of advanced technologies and innovation in rubber extrusions such as physical vapour deposition, hot melt extrusion, and extrusion-based 3D printing.

  • In North America, top key players in the automotive and HVAC industry for developed countries such as the U.S. and Canada are increasing the use of extruded rubber products in their final products. Various space mission programs announced by the United State increasing the demand for extruded rubber in the country as major sealing components in the spacecraft are made by the extrusion method, which will propel the market during the forecast period.

  • Middle East & Africa and South America are holding less share in the market. However, the increasing use of extruded rubber by the oil and gas company in the Middle East countries and the surging manufacturing sector in South America are expected to boost the growth of rubber extruded market during the forecast period.


Analysis by End Users


Extruded rubber has extensive demand in the automotive industry vertical. Extruded rubber is widely used for sealing various engine parts and transmission system joints in the vehicle. It is used for making gaskets in the automobile door system. The use of extruded rubber in consumer goods especially in heat ventilation & air conditioning application is increasing; extruded rubber is used for making insulation pipes, duct, insulators and gaskets. Moreover, the application of rubber extrusion in oil & gas and other sector is increasing rapidly which would opportunistic for the global market during the forecast period.

Key Players Covered:


G. Engineering works, Kraussmaffei berstorff, Santosh rubber machinery pvt. Ltd., Barwell global ltd., Alchemy engineers, Slach hydratecs equipment pvt ltd., Troester gmbh & co. Kg, Well shyang machinery (wsm), Zenith worldwide, Mitsuba mfg. Co., ltd., Deguma-schütz Gmbh, Bharaj machineries, Gomaplast machinery, Northwest rubber extruders, VMI group, Zhejiang Baina Rubberand Plastic Equipment, Bonnot Company, NFM,  Uttam Rubtech Machinery, Troester.

Segmentation:


















By Product Type


By Technology


By End User


By Geography


 


  • Piston Extruder

  • Roller Extruder

  • Screw Extruder

  • RAM Extruder



 


  • Cold Feed

  • Hot Feed

  • Others


 



  • Automotive

  • Manufacturing

  • Oil and Gas

  • Consumer Goods

  • Others


 



  • North America (USA and Canada, Mexico)

  • Europe (U.K., Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe)

  • Asia Pacific (India, China, India, Japan, South Korea, ASEAN, Oceania and Rest of APAC)

  • Middle East and Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of MEA)

  • South America (Brazil, Argentina, Rest of South America)



Key Industry Developments:



  • In November 2021 – Meteor Group Acquired the United States-based extrusion and moulding company Creative Extruded Product. Through this acquisition, Meteor Group expands its presence in North America and solidifies its technological capabilities in thermoplastics products such as PVC, ABS, and thermoplastics rubber.

  • In March 2022, Minnesota Rubber and Plastics, which is a provider of highly precise elastomer products and thermoplastic solutions for the marine, medical, and various industries, acquired Primasil Silicones Ltd. Which is a U.K.-based silicone rubber manufacturer specializing in medical and HVAC markets. This acquisition will benefit the expertise of Primasil Silicon in custom material formulation and mixer to the Minnesota Rubbers research and development team.

  • In May 2022, Mid-South Extrusion, which is a producer of polyethylene film used for packaging o food and in other consumer goods. The company had invested $4.9 million to set up the 12th manufacturing line at its production facility in Monroe. The company will create 170 jobs and eight new jobs. This additional line will help the company to achieve the growing demand for polyethylene film and thin lightweight plastic sheets, which is used in the sealing, and protection of the wide variety of consumer products.





  • Ongoing
  • 2023
  • 2019-2022

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