Cellular Rubber Market Size

  • Report ID: 2755
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Cellular Rubber Market Size

Cellular Rubber Market size was valued at USD 9.48 billion in 2024 and is expected to reach USD 20.98 billion by 2037, registering around 6.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of cellular rubber is evaluated at USD 10.46 billion.
 

The major key factor anticipated for the growth of the market includes the rise in the rubber, space, electronics, and automotive industries. As of 2023, there are 157 Car & Automotive production businesses in the United States.

Cellular rubber is used for sealing purposes, along with shock absorption and confinement among others in the space industry. Moreover, foam blanks made from cellular rubber are used for the transportation and fitting of solar components. In addition, in the space industry, cellular rubber is used for engine seals and light seals. These rubber sheets are also often used in the manufacture of footwear and slipper soles and are mainly intended for ease of use, adaptability, and durability. Hence, these factors are expected to account for the rise in the cellular rubber market over the forecast period.

Additionally, the rubber has the capacity to rapidly bind with the metal and provide a strong weather screen. Many electrical appliances use cellular rubber for device encapsulation and vibration avoidance. The rising demand from several small and medium-sized firms offers the market an adequate buffer. As a result, these factors are projected to propel the cellular rubber market forward. 


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Author Credits:  Rajrani Baghel


  • Report ID: 2755
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of cellular rubber is evaluated at USD 10.46 billion.

The cellular rubber market size was valued at USD 9.48 billion in 2024 and is expected to reach USD 20.98 billion by 2037, registering around 6.3% CAGR during the forecast period i.e., between 2025-2037. Rising environment awareness and increasing use of bio-polymers will boost the market growth.

Asia Pacific industry is poised to hold largest revenue share by 2037, on account of customizable properties catering to specific requirements.

The major players in the market are Hanna Rubber Company, Rubbermill, American Foam Rubber, Chicago Wilcox Manufacturing Company, Stockwell Elastomerics, Rogers Foam Corporation, Saint Gobain Performance Plastics, GCP Applied Technologies Inc, Monmouth Rubber & Plastic Corporation, Foam Rubber LLC, Reilly Foam Company, Colonial Diversified Polymer Products LLC
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