The report "Rubber Repair Adhesives Market by Process (Hot Bond, Cold Bond), Application (Conveyor Belts, Tanks & Vessels, Pipes & Fittings, and Others), End-use Industry (Mining & Quarrying, Cement & Aggregate, Steel and Others), Region - Global Forecast to 2025", is expected to grow from USD 291 million in 2020 to USD 354 million by 2025, at a CAGR of 4.0% during the forecast period. The market is growing due to the increase in the demand for high performing rubber repair adhesives in the mining & quarrying, cement & aggregate and steel industries. Strict environmental regulations in Europe and North America are encouraging the development of novel rubber repair adhesives used in the cold bond process.
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Rubber repair adhesives used in the hot bond process comprises the major share of the market in terms of value.
The hot bond segment dominated the market in terms of value, in 2019. Adhesives used in the hot bond process offers a strong, long-lasting repair with a minimal risk of tearing, snagging, and other wear to the belt. They are largely polyurethane-based and have high demand for rubber conveyor belt repairing in the mining & quarrying industry.
Conveyor belts is the largest application of rubber repair adhesives
Amongst all applications, conveyor belts is the largest application of rubber repair adhesives. Rubber repair adhesives are largely used for repairing conveyor belts that are damaged in transporting heavy loads or material handling. These belts are largely used in mining & quarrying, cement & aggregate, and steel industries.
The mining & quarrying end-use industry accounted for the largest share in the global rubber repair adhesives market
Rubber repair adhesives are used in various end-use industries, such as mining & quarrying, cement & aggregate, steel, and others. The rubber repair adhesives in the mining & quarrying industry accounts for the largest share owing to wide usage in conveyor belts, pulleys and rollers. Further, the rubber repair adhesives in the mining & quarrying industry have better performance properties over mechanical fasteners.
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APAC is the largest rubber repair adhesives market.
The rubber repair adhesives market is segmented on the basis of region into Europe, North America, APAC, MEA, and South America. APAC accounted for the largest share in the rubber repair adhesives market. The growth of the market in the region is mainly driven by the demand from the fast-growing end-use industries. The growth of the market is also attributed to the presence of established manufacturers and technological advancement related to the development of rubber repair adhesives products. China is the leading market in the region. China accounts for almost 50% steel and cement production of in the global market. This leads to high demand for rubber conveyor belts and their repair adhesives in China.
The key players in the market include LORD Corporation (US), Fourthane (Chile), 3M (US), Henkel AG & Co. KGaA (Germany), Sika AG (Switzerland), H.B. Fuller Company (US), Belzona International Ltd. (England), Rema Tip Top AG (Germany), ITW Performance Polymers (US) and Eli-Chem Resins UK Limited (UK).These companies are adopting various inorganic and organic strategies to increase their foothold in the market.
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Rubber Adhesives market is segmented by region (country), players, by Type, and by Application.
Players, stakeholders, and other participants in the global Rubber Adhesives market will be able to gain the upper hand as they use the report as a powerful resource.
The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.Segment by Type, the Rubber Adhesives market is segmented into:Styrene AdhesivesAcrylonitrile AdhesivesNatural Rubber AdhesivesNeoprene AdhesivesPolyurethaneOthersDownload FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/59333/global-japan-rubber-adhesives-2026-351Segment by Application, the Rubber Adhesives market is segmented into:Building & ConstructionAerospaceElectrical & ElectronicsAutomotiveOthersRegional and Country-level Analysis:The Rubber Adhesives market is analysed and market size information is provided by regions (countries).The key regions covered in the Rubber Adhesives market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.The report includes country-wise and region-wise market size for the period 2015-2026.
It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.Competitive Landscape and Rubber Adhesives Market Share Analysis:Rubber Adhesives market competitive landscape provides details and data information by players.
The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020.
The new Rubber and Elastomeric Repair Market report offers a comprehensive study of the current scenario of the market including major market dynamics.
Also, it highlights the in-depth marketing research with the newest trends, drivers, and segments with reference to regional and country.
Further, this report profiles top key players and analyze their market share, strategic development, and other development across the world.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the rubber and elastomeric repair market include Belzona, 3M, Devcon(ITW), Enecon, Thortex, TRUCO, MaxKote, Unique Polymer Systems, Resimac, Henkel, Patch Rubber, Bolton Adhesives.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Rubber and Elastomeric Repair Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/rubber-and-elastomeric-repair-market/download-sampleMarket DynamicsThe global rubber and elastomeric repair market are projected to grow steadily during the forecast period.
The exciting part is that a significant part of this could be recovered and repaired using rubber and elastomeric repair, which is based on the latest solvent-free or solvent-based rubber and elastomeric technology and is ideally suited to rebuilding resurfacing equipment and components.
