Monday, June 16, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Markets

Markets: Rubber industry to grow at 7.1% CAGR in 2022-29

Fiinews by Fiinews
April 5, 2023
in Markets
Reading Time: 2 mins read
A A
0
United Rubber
0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

Construction industry-increasing urbanization drive market growth

The India rubber products market for civil construction industry is expected to grow at a CAGR of 7.1% from 2022 to 2029 to reach US$311.2 million by 2029, according to a ResearchAndMarkets report released on 3 Apr 2023.

The growing construction industry and increasing urbanization mainly drive this market’s growth in India. Implementing smart technology in manufacturing rubber products and developing rubber industry in India are expected to create market growth opportunities. However, the shortage of labor for natural rubber tapping and problems faced by the rubber industry are major challenges to market growth, cautioned the report.

Based on product, the rubber flooring, matting, and decking segment is expected to grow with the highest CAGR during the forecast period.

The advantages of rubber flooring, matting, and decking in terms of durability and resilience, noise absorption, comfort, insulation, and safety are the main factors driving this segment’s growth in India rubber products market for civil construction industry.

Based on rubber type, the natural rubber segment is expected to grow with the fastest CAGR during the forecast period. Factors driving the growth of this segment include the benefits of natural rubber, such as high tensile strength and good resistance against environmental factors, coupled with the increasing production of natural rubber in India for domestic use and export.

The market is led by:

Saga Elastomer Pvt Ltd

ALP Group

Shin-Etsu Chemical Co Ltd (Japan)

Hira Industries LLC (U.A.E.)

United Rubber Industries (I) Private Limited

Apcotex Industries Ltd

Kantaflex

Zenith Industrial Rubber Products Pvt Ltd

BASF SE (Germany).

The report is titled ‘India Rubber Products Market for Civil Construction Industry by Product (Adhesive, Sealant, Flooring, Matting, Gasket, Bellows & Connectors, Bridge Expansion Joint, Clamp), Rubber Type (Natural, Styrene Butadiene, Chloroprene, EPDM) – Forecast to 2029’. fiinews.com

Tags: ResearchAndMarkets.com
ShareTweetShare

Related Posts

KBC Global
Markets

Market: KBC expands into renewable sector

by Fiinews
June 16, 2025
0
12

Dharan Infra to engage in wide spectrum of activities Nashik-based KBC Global Ltd (BSE: 541161, NSE: KBCGLOBAL) says its new...

IGF Logo
Markets

Market: Indian transforming global economies

by Fiinews
June 15, 2025
0
12

Chande notes confidence of Indian enterprises on global stage Indian businesses are no longer just investing abroad – they are...

SBI

Market: Digital wallet growth set at 30.3%

June 15, 2025
19
Assocham Logo New

Market: Small businesses in cautious phase

June 14, 2025
11
Myntra

Market: India strategic for global brands

June 13, 2025
11
Rai 20

Market: India is great place for FTAs

June 13, 2025
13
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Market: KBC expands into renewable sector
  • Project: DNV-India deepen maritime cooperation
  • Project: Joshi underlines Wind Energy strategy
  • Invest: PM welcomed Cyprus FDI in Indian economy
  • Tech: Infobell-AMD expand AI collaboration

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.