Information service company Global Information reports that the global industrial rubber product market will reach a figure of US$101.6 billion by 2018, due to the increasing growth rates in the progressing economies and the end-use markets. The strong demands for products such as household appliances, construction machinery, automotive vehicles and others also helped in predicting the future of the global industrial rubber product market.
The global industrial rubber products market is becoming more competitive as the top ten companies in industrial rubber product market account more than one-third of global sales. The report profiles major players in the industry namely Avon Rubber, Bridgestone Corporation, Carlisle Companies Incorporated, ContiTech AG, Cooper-Standard Automotive Inc., Delphi Automotive PLC, Eaton Corporation, EnPro Industries Inc., Federal-Mogul Corporation, Fenner Plc, Freudenberg Group, Gates Corporation, Habasit AG, Henniges Automotive, Hutchinson S.A., JSJ Corporation, Meiji Rubber & Chemical Co. Ltd., Myers Industries Inc., NOK Corporation, Parker-Hannifin Corporation, Sumitomo Rubber Industries Ltd., The Yokohama Rubber Company Ltd., Tokai Rubber Industries Ltd., Toyo Tire and Rubber Co. Ltd., and Trelleborg AB. (RJA)