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04. December 2006

Industrial Rubber Products

Freedonia Group, 2006, 301 p., USD 4,200

A new study published by Freedonia Group, Cleveland, OH, USA, focuses on Industrial Rubber Products. According to this study demand for these products in the US is expected to increase 2.9 % annually to USD 17.5 billion in 2010. Aggregate increases will benefit from an acceleration in durable goods output, as growth continues to rebound from the 2001 to 2002 economic downturn. In addition, the routine maintenance and repair needs of the vast installed base of vehicles, equipment and machinery that went into service during the 1990s will support aftermarket demand for industrial rubber products. Furthermore, more expensive components are being used due to changes in equipment designs, particularly higher operating temperatures in engine compartments. Among the major product types, rubber roofing membranes are according to Freedonia expected to see the fastest increases through 2010, supported by strong growth in non-residential improvement expenditures and solid gains in thermoplastic polyolefin roofing membranes, although some of these increases will come at the expense of other rubber roofing products. Mechanical rubber goods are the largest component of the industrial rubber product market, accounting for just over half of total demand in 2005. Industrial equipment (including machinery and off-road vehicles) will remain the largest market for industrial rubber products. Beside detailed market analysis with forecasts to 2010 and 2015 he study also contains company profiles of the major players in this sector from American Biltrite to Yokohama Rubber Company.

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