Marktgröße und -anteil von Vulkanfiber nach Güteklasse (Handels-, Elektro-, Knochen-, Rumpf-, flexible und abrasive Güteklasse), Anwendung (elektrische und elektronische Isolierung, Möbelherstellung, landwirtschaftliche Geräte) – Globale Angebots- und Nachfrageanalyse, Wachstumsprognosen, Statistikbericht 2024–2036

Globaler Markt für vulkanisierte Fasern Regionale Zusammenfassung

The market share of vulcanized fibers in North America among the market in all other regions is expected to be the largest with a share of around ~38% by the end of 2036. The growth of the market is primarily attributed to flexible government policies. It is estimated that the electronics industry in the United States of America is expected to grow at a CAGR of around 51% in 2022. Due to the emerging electronics industry, the global vulcanized fibers market is estimated to grow during the forecast period. In addition, the growing marine industry is also expected to boost the global vulcanized fibers market during the forecast period. The report published by the National Marine Manufacturers Association states that the annual revenue of marine and boating products and services was valued at USD 42 billion in 2019. It is estimated that the growing population across the region and the growing number of people using cars due to high disposable income will drive the market growth. It is predicted that the rising living standards of people driven by the increasing use of smart kitchen appliances in households for various purposes in kitchen, living room, garage and other areas will boost the market growth in the coming years.

The Asia Pacific vulcanized fiber market is estimated to be the second largest, registering a share of around ~26% by the end of 2036. It is estimated that Asia Pacific will offer lucrative business opportunities for the growth of the global vulcanized fiber market in the future. It was estimated that the kitchen and dining furniture market accounted for USD 5 billion in China alone in 2020. Therefore, due to rapid urbanization in Asia Pacific, the global vulcanized fiber market is estimated to grow significantly during the forecast period. The rising price of petrochemicals in the region due to supply chain disruption during the pandemic is expected to boost the market growth. The market growth is also attributed to the rising air emissions with a high vehicle population that uses petrochemicals. Digitalization of education, employment, and general life is expected to drive the growth of the market in the coming years. The applications of vulcanized fibers in various sectors in the region are expected to drive the market growth with the increasing population and economic growth of the country.

Furthermore, the market in Europe is predicted to hold the majority of the share along with the market in all other regions by the end of 2036. The growth of the market is mainly attributed to the increasing investments in research and development to create new textile control machines in the region. The increasing number of manufacturers in the region willing to invest in the vulcanized fiber business is estimated to boost the market growth. The number of industries of automobiles and automobile spare parts is estimated to drive the growth of the market during the forecast period. The increasing purchases of electric passenger vehicles due to the self-driving option is predicted to dominate the market growth. The increasing number of new electronic devices and the rising purchasing power of the people are expected to contribute to the market growth. The emerging furniture sector in the region with increasing living standards of the people is also estimated to boost the market growth in the coming years. The increasing demand for laminates in the construction sector is also expected to have a positive impact on the growth of the market.