Material (Ethylene Propylene Diene Terpolymer, Natural Rubber, Styrene Butadiene Rubber)
By material, the ethylene propylene diene terpolymer segment is anticipated to dominate around 56.4% rubber molding market share by the end of 2037, due to its exceptional durability, flexibility, and resistance to heat, ozone, and weathering. Additionally, it is resistant to steam and polar chemicals and stable at temperatures as high as 150°C. EPDM is widely used in automotive and construction applications, including weatherstripping, seals, and gaskets, where long-lasting performance is critical. Its ability to maintain properties under extreme temperatures makes it ideal for under-the-hood components in vehicles. As demand for high-performance and sustainable materials increases, EPDM continues to gain traction in the market.
End Use (Automotive, Consumer Goods, Healthcare, Electrical & Electronics, Construction)
Based on end use, the automotive segment is established to hold a lucrative rubber molding market share by the end of 2037. The segment’s growth is attributed to its extensive use in vehicle manufacturing. . The growing demand for electric vehicles (EVs) and advancements in automotive technology further drive the need for high-performance rubber materials. From about 4% of all automobile sales in 2020 to 18% in 2023, the proportion of electric vehicles has grown. Moreover, stringent regulations regarding vehicle emissions and efficiency have increased the adoption of lightweight, durable rubber parts. With the global automotive industry’s expression, this segment remains the dominant contributor to the market.
Our in-depth analysis of the global rubber molding market includes the following segments:
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Author Credits: Rajrani Baghel
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