What is Global Rubber Mounts Market?
The Global Rubber Mounts Market is a comprehensive study of the worldwide market trends and growth prospects. This market is primarily driven by the increasing demand for rubber mounts in various industries. Rubber mounts are essentially anti-vibration components that are used to reduce the noise and vibration produced by machines, vehicles, and other equipment. They are made of rubber, which is a flexible and durable material, and are designed to absorb and isolate the vibrations. The global market for rubber mounts is quite vast, encompassing a wide range of product types and applications. However, the market is also quite competitive, with several key players vying for a larger share of the market. The market's value was estimated at US$ 14690 million in 2022, and it is expected to grow to US$ 17880 million by 2029, at a CAGR of 2.4% during the forecast period 2023-2029.
Cylindrical Mounts, Bushing Mounts, Conical Mounts in the Global Rubber Mounts Market:
The Global Rubber Mounts Market is segmented into three main product types: Cylindrical Mounts, Bushing Mounts, and Conical Mounts. Cylindrical Mounts are the most popular type, accounting for 59% of the market share. These mounts are typically used in applications where a large amount of vibration needs to be absorbed. Bushing Mounts, on the other hand, are used in applications where the vibration is less intense. They are designed to absorb shock and reduce noise in machines and equipment. Conical Mounts are the least common type of rubber mounts, but they are still essential in certain applications. They are typically used in applications where the equipment needs to be isolated from the surrounding environment.
General Industry, Marine Industry, Transportation Vehicles, Others in the Global Rubber Mounts Market:
The Global Rubber Mounts Market finds its applications in various areas such as General Industry, Marine Industry, Transportation Vehicles, and Others. In the General Industry, rubber mounts are used in a wide range of machines and equipment to reduce noise and vibration. In the Marine Industry, they are used in ships and boats to isolate the engine vibrations from the rest of the vessel. In Transportation Vehicles, rubber mounts are used in cars, trucks, buses, and other vehicles to reduce the noise and vibration produced by the engine and other components. The 'Others' category includes various other applications of rubber mounts in different industries.
Global Rubber Mounts Market Outlook:
The Global Rubber Mounts Market outlook highlights the market's growth and the key players in the market. The market was valued at US$ 14690 million in 2022 and is expected to reach US$ 17880 million by 2029, growing at a CAGR of 2.4% during the forecast period 2023-2029. The top five players in the market hold a share of over 38%. China is the largest producer of rubber mounts, holding a share of over 32%. In terms of product type, Cylindrical Mounts is the largest segment, accounting for a share of 59%. In terms of application, Transportation Vehicles has a share of about 58%.
| Report Metric | Details |
| Report Name | Rubber Mounts Market |
| Accounted market size in 2023 | US$ 15530 million |
| Forecasted market size in 2029 | US$ 17880 million |
| CAGR | 2.4 |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Sales by Region |
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| By Company | Sumitomo Riko, Vibracustic, Contitech, Boge, TUOPU, Bridgstone, TOYO TIRE & RUBBER CO., Henniges Automotive, Hutchinson, Zhongding, Yamashita Rubber, JX Zhao's Group, Asimco, DTR VSM, Luoshi, GMT Rubber |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
