• Rubber Market to Reach $51.21 Billion Forecast by 2027; Rising Application in Textile and Chemical Industries to Foster Growth, states Fortune Business Insights™
    GlobeNewswire

    Rubber Market to Reach $51.21 Billion Forecast by 2027; Rising Application in Textile and Chemical Industries to Foster Growth, states Fortune Business Insights™

    Top players covered the rubber market are Von Bundit (Thailand), Sri Trang Agro-Industry (Thailand), Southland Holding Lonza (Thailand), Vietnam Rubber Group (Vietnam), Tradewinds Plantation Berhad (Malaysia), ARLANXEO (Netherlands), Kumho Petrochemical Co., Ltd. (South Korea), PetroChina (China), TSRC Corporation (Taiwan), LG Chem (South Korea), Versalis (Italy), Dow Chemicals (U.S.), Tong Thai Rubber Group (Thailand), Ravasco (India), Halcyon Agri (Singapore), Unitex Rubber (Thailand) and more companies profiledPune, India, April 16, 2021 (GLOBE NEWSWIRE) -- The global rubber market size is expected to reach USD 51.21 billion by 2027, exhibiting a CAGR of 5.3% during the forecast period. The heavy demand from the automotive industry owing to its insulation property and will propel the growth of the market during the forecast period. The market size stood at USD 40.77 billion in 2019. List of the Leading Companies Profiled in the Global Rubber Market are; ARLANXEO (Netherlands)Kumho Petrochemical Co., Ltd. (South Korea)PetroChina (China)TSRC Corporation (Taiwan)LG Chem (South Korea)Versalis (Italy)Dow Chemicals (U.S.)Von Bundit (Thailand)Sri Trang Agro-Industry (Thailand)Southland Holding Lonza (Thailand)Vietnam Rubber Group (Vietnam)Tradewinds Plantation Berhad (Malaysia)Tong Thai Rubber Group (Thailand)Ravasco (India)Halcyon Agri (Singapore)Unitex Rubber (Thailand) Get Sample PDF Brochure with Impact of COVID19: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/rubber-market-101612 Key Market Driver: Rising Application of Rubber in Numerous Industries to Boost Market The growing demand for tire and other automotive parts will simultaneously spur opportunities during the forecast period. The growing utilization of rubber in wide-ranging automotive products such as tires, crap tubes, adhesives, hoses, pipes, gaskets, and roll coverings will further enhance the scope of the market. Moreover, the increasing application in footwear, industrial goods, construction, textiles, and other consumer products will aid the expansion of the market. For instance, the use of latex offers substantial protection against water, chemicals, electricity, impact, and low temperatures. Additionally, its use in a variety of textiles, and consumer products, such as bands, protective covers, mats, and others will further foster the growth of the market. Key Questions Answered: What are the key demands and trends shaping the market?What are the key opportunities in the market?What are the key companies operating in the market?Which company accounted for the highest market share?What is the market size and growth rate of the global and regional market by various segments?What is the market size and growth rate of the market for selective countries?Which region or sub-segment is expected to drive the market in the forecast period?What Factors are estimated to drive and restrain the market growth?Why Choose Fortune Business Insights? Browse a Detailed Summary of this Research Report With TOC: https://www.fortunebusinessinsights.com/industry-reports/rubber-market-101612 Disturbed Supply Chain to Dwindle Business Amid Coronavirus The coronavirus incident has resulted in the shutdown of production facilities, and restrictions on transportation. The disruption in the supply and distribution can further limit the scope of the market. The major impacted countries include China, India, Germany, Italy, Brazil, and Canada. China is a major consumer of rubber. The constraint on export and import activities of industrial rubber goods and tires will act as an inhibiting factor for the development of the global market. Regional Analysis: Rising Construction Activities to Bolster Growth in Asia Pacific The market size in Asia Pacific stood at USD 22.09 billion in 2019 and is expected to witness an exponential growth rate during the forecast period. The growth in the region is attributed to the rising production and consumption in India and China. Thailand is the largest producing country of natural rubber. The flourishing automotive and construction industry is predicted to enable speedy expansion of the market in the region. The market in North America is expected to rise tremendously owing to the rising demand in footwear applications. The growing automotive, chemical, and textile industries are expected to create opportunities for the market in North America. Key Development: June 2018: Kumho Petrochemical announced that it has extended its NB Latex production capacity by 400 KT to 550 KT per annum at its manufacturing plant in Ulsan. Inquire Before Buying This Research Report: https://www.fortunebusinessinsights.com/enquiry/queries/rubber-market-101612 Detailed Table of Content: Introduction Research ScopeMarket SegHouseholdtationResearch MethodologyDefinitions and Assumptions Executive SummaryMarket Dynamics Market DriversMarket RestraintsMarket Opportunities Key Insights Key Emerging Trends – For Major CountriesKey Developments: Mergers, Acquisition, Partnership, etc.Insights on Regulatory ScenarioPorters Five Forces Analysis Qualitative Insights – Impact of COVID-19 on Global Rubber Market Supply Chain ChallengesSteps taken by Government/Companies to overcome this impactPotential opportunities due to COVID-19 outbreak Global Rubber Market Analysis, Insights and Forecast, 2016-2027 Key Findings / SummaryMarket Size Estimates and Forecast By Type (Volume/Value) Natural RubberSynthetic Rubber By Application (Volume/Value) TireNon-Tire AutomotiveFootwearIndustrial GoodsOthers By Region (Volume/Value) North AmericaEuropeAsia PacificLatin AmericaMiddle East & Africa TOC Continued…! Get your Customized Research Report: https://www.fortunebusinessinsights.com/enquiry/customization/rubber-market-101612 Have a Look at Related Research Insights: Rubber Color Masterbatch Market Size, Share & Industry Analysis, By Product type (Silicone Rubber Color Masterbatch, EPDM Rubber Color Masterbatch, Others), By Application (Pigment, Fiber, Film, Others) and Regional Forecast, 2020-2027 Rubber Compound Market Size, Share & Industry Analysis, By Rubber Type (Silicone Rubber, Fluoro Rubber, Butyronitrile Rubber, EPDM Rubber, Chloroprene Rubber, Others), By End-User (Tires, Hose & Belting, Roofing & Geo Membranes, Footwear, Wire & Cable Insulation, Others)and Regional Forecast, 2020-2027 Rubber Foam Market Size, Share & Industry Analysis, By Rigidity (Rigid Foam, Flexible Foam), By Foam Type (Polyurethane Foam, Cross-linked Polyethylene Foam, Neoprene Foam, Silicone Foam, Polyvinyl Chloride – Nitrile Butadiene Rubber (PVC – NBR blend) Foam, Others), By Application (Household Furnishing, Construction, Automotive) Others and Regional Forecast, 2019-2026 Rubber Foam Materials Market Size, Share & Industry Analysis, By Type (Cross-Linked Polyethylene Foam, Polyurethane Foam, Microcellular Urethane Foam), By Application (Dust seals for HVAC access doors, Cabinet insulation, Noise and vibration reducers, Transportation, Automotive trim, Refrigerated transport vehicles, Foam rubber tubes) and Regional Forecast, 2019-2026 About Us: Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in. Phone: US: +1 424 253 0390 UK: +44 2071 939123 APAC: +91 744 740 1245 Email: sales@fortunebusinessinsights.com LinkedIn: https://www.linkedin.com/company/fortune-business-insights Facebook: https://www.facebook.com/FortuneBusinessInsightsPvtLtd Twitter: https://twitter.com/FBInsightPvtLtd Read Press Release: https://www.fortunebusinessinsights.com/press-release/rubber-market-9349

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  • GlobeNewswire

    Global Private Wireless Networks Market Report 2021-2026: Evaluate 5G NR and the Market Outlook for MNO and VNO to Offer Private IoT Networks

    Dublin, April 16, 2021 (GLOBE NEWSWIRE) -- The "Private Wireless Networks Market by LTE, 5G, and Edge Computing in Enterprise, Industrial, and Government Solutions 2021 - 2026" report has been added to ResearchAndMarkets.com's offering. This report evaluates 5G NR and the market outlook for MNO and VNO to offer private IoT networks for the benefit of industrial automation and mission-critical enterprise applications and services. The report evaluates major players, technologies, and solutions. Carrier-supported private LTE and 5G networks will consist of Virtualized Network Solutions, Dedicated/Non-Virtualized Network Solutions, and Hybrid Network Solutions with an anticipated global market opportunity of $12.6, $9.2B, and $17.1B respectively. LTE Advanced (LTE-A) represents a major step in the evolution of 4G technology, providing mobile coverage, higher performance, and greater connection stability. The 5G New Radio (NR) access technology is a part of 5G Radio Access Network (RAN) architecture that is composed of LTE evolution and millimeter wave (mmWave) technology that will be operable from sub-1 GHz to 24+ GHz in a range of the low band, mid-band, and high band. A variety of complementary technologies will enable 5G NR supported systems including massive MIMO, advanced LPDC, TDD subframe, beamforming, and mmWave radiofrequency. For communication service providers, mmWave will bring both challenges and opportunities for general RAN infrastructure and in particular for the private Internet of Things (IoT) networks for industrial automation and mission-critical services for enterprise across many industry verticals. The higher frequencies suffer from attenuation, which means they lose signal over distance and when they hit objects (even water vapor, but especially solid objects like trees, buildings, etc.). This is why there is a need for massive MIMO and other multi-signal approaches to help, along with beam-forming to direct RF energy to where it is needed, but the signal is so directional in nature that it is very hard to maintain with a moving object. From an infrastructure and managed services perspective, 5G NR will facilitate vertical market opportunities for vendors to offer distributed macro-cell base stations, small cells units, remote radio head units, and C-RAN baseband units for both dedicated and shared resource networks. 5G RRHs unit shipment alone will grow at over 70% CAGR and will exceed 115M units by 2026. Enterprise and industrial segments will continue to deploy private networks utilizing LTE and WiFi. Many of these networks will evolve to 5G and include edge computing to maximize overall throughput and minimize latency, which will be crucial for certain critical communications solutions such as industrial process automation. The report also assesses market challenges, opportunities, and the overall outlook for 5G NR equipment and components. The report provides detailed forecasts for equipment globally and regionally as well as investment in 5G NR by industry vertical. Select Report Findings: The carrier-provided 5G indoor market will reach $2.1B globally by 2026, growing at 51.9% CAGRThe highest ROI solutions for carrier LTE-A and 5GNR offerings will be for enterprise applications and industrial automationGrowth of private LTE and 5G solutions for enterprise and industrial customers is 37% faster than public apps and services5GNR solutions will be largely fixed wireless WAN connectivity and support of industrial private communications networksSolutions will consist of Fully Virtualized, Dedicated/Non-Virtualized, and Hybrid Network Solutions for business customersCarriers will move ahead aggressively with non-standalone 5G but will realize significant benefits with 5G core network upgrades5G wireless deployment in indoor environments within smart cities and suburbs will exceed the total of all exurban and rural areas combined globallyThe global 5G fixed wireless transport to smart buildings for specifically for support of WiFi connectivity/backhaul will reach $320.8M by 20265G subscription within public networks will exceed private through 2026, although the latter will experience a 20% faster growth rate, set to overtake the former by 2030 Examples of some recent carrier-supported private wireless deployments include the following: Verizon: The company recently partnered with U.K. port operator Associated British Ports (ABP) to provide the Port of Southampton with a private 5G wireless network. The port of Southampton is a part of a large supply chain, accounting for £40 billion in U.K. exports yearly. Southampton also serves as the country's largest port for cars (nearly 900,000/year) and cruise liners. The network runs on the Nokia Digital Automation Cloud, which offers edge computing capabilities.AT&T: The company established a public/private partnership with Chicago's MxD (Manufacturing x Digital), has created a 5G private network with funding from the Department of Defense and other private members. The wireless network is meant to help companies learn how to improve their manufacturing operations through 5G networks. The MxD private network uses only two radios, one with mmWave 5G and the other with sub-6 5G that connects to AT&T's central network core. Companies Mentioned ADLINK Technology Inc.Affirmed NetworksAirspanAirtelAlibabaAltair SemiconductorAlvarionAmerica MovilAnalog Devices Inc.AppleAscomAsusAT&TBroadcom CorporationBT GroupCavium Inc.China MobileChina TelecomChina UnicomCiena CorporationCisco SystemsClearBladeClearSky TechnologiesClipBucketCloudifyCobham WirelessColtContus VplayCoolpad DynoCradlepointCTSD-LinkDeutsche Telekom AGDishDUEdgeConnexEdgeworxEntelEricssonEurotechFacebookFirstNetFitbitFubo TVFujitsu Ltd.GemaltoGeoverseGoogleHarrisHPEHTCHuawei TechnologiesHuluHyteraInmarsatIntel CorporationInterDigital Inc.Juniper Network Inc.KDDI CorporationKeysight TechnologiesKT CorporationLeonardoLG ElectronicsLG UplusM2M ConnectivityMACOM TechnologyMediaTek Inc.Mentura GroupMicrosoftMimic TechnologyMisfitMobiledgeXMobioticsMobvoiMotorolaMovistarMuviMYCOM OSINEC CorporationNetcracker (NEC)NetflixNetgearNew York Power AuthorityNokiaNTT DoCoMoOnGo AllianceOoredooOoyalaOrange SAOriPhilo TVPixeomPluribus NetworksQorvo Inc.QualcommQuickplayQuortusRakuten (Viber)RedLinXREVE SystemsRibbon CommunicationsRogers CommunicationsRohde & SchwarzRokuSaguna NetworksSamsung ElectronicsSaudi Telecom CompanySierra Wireless (Accel Networks)SimNet WirelessSingTelSirettaSK TelecomSky GoSoftbank GroupSonySpark NZSpiderCloud WirelessSwisscomSymbioticwareT-MobileTelecom ItaliaTelefonicaTelegramTelenorTelit CommunicationsTelstraTencentTexim EuropeUbiFiVapor IOVasona Networks (ZephyrTel)VerizonVidmindVMware Inc.Vodafone GroupVplayedWeChatXcel EnergyZainZenitelZTE CorporationZyxel For more information about this report visit https://www.researchandmarkets.com/r/pjtd9i CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900