Cellular Rubber Market Size, Share and Industry Growth by 2028

The cellular rubber market was valued at US$ 8,115.83 million in 2021 and is projected to reach US$ 10,884.41 million by 2028; it is expected to grow at a CAGR of 4.3% from 2021 to 2028.

Cellular rubber is a type of foam rubber with a cell structure, wherein the cells are not interconnected. It is lightweight and compressible, and the rubber sheet is generally combined with microporosity cells to create the microcellular rubber sheet. These rubber sheets are commonly used to make the soles of shoes and slippers, and are primarily designed for comfort, flexibility, and durability. Cellular rubber is used in the automobile industry for a variety of applications, including sealing doors and tubes, and manufacturing tires, along with protecting vehicle body parts from harsh weather.

Strategic Insights

Europe is anticipated to hold the largest share of the cellular rubber market during the forecast period. The continuous progress of the automotive sector in this region is expected to fuel the cellular rubber market growth in this region. The growing demand for cars across the region is majorly attributed to the rising spending power of consumers, increasing number of double-income families, growth in working class, and rapid economic growth of the countries. Cellular rubber is being increasingly used in the automotive sector due to its sealing and noise reduction capabilities. The EPDM cellular rubber bonds quickly with metal and acts as an effective shield against weather; it also protects vehicles parts against environment and road surface conditions, and vibrations.

An interrupted supply of raw materials such as polyethylene and polypropylene, affecting production processes, has been a prime factor limiting the cellular rubber market growth during the COVID-19 pandemic. Additionally, a hike in crude oil prices have led to fluctuations in raw material prices, creating hurdles in the steady market growth. However, the cellular rubber market has witnessed a continuous demand from end-user industries such as automotive, construction, HVAC, and consumer goods. Moreover, as a part of economic recovery efforts, several sectors are strategically planning to invest in advanced and bio-based materials, such as cellular rubber, to address the growing need for environment friendly products. The automotive sector has started to gain momentum and is expected to witness significant growth in the coming years with the increasing sale of electric vehicles, eventually providing significant growth opportunities for the cellular rubber market players. Further, the demand for various medicines and COVID-19 vaccines has also surged during the COVID-19 pandemic across the world. The trade of these entities is propelling the need for suitable storage facilities and systems, eventually adding to the demand for cellular rubber as a sealant and insulator.

Geographic Overview of Cellular Rubber Market

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Market Insights

Rising Demand for Cellular Rubber in Automotive Industry

The automotive industry is one of the key end users of cellular rubber due to its beneficial properties, such as sealing, shielding, and high compressibility. In automobiles, cellular rubber is primarily used in HVAC systems gaskets and seals, carburetor gaskets, noise, vibration and harmonics pads, wiring harness gaskets, lighting gaskets (interior and exterior), antenna gaskets, and vehicle trunk & door sealers. Although automotive has been a lucrative industry since long, it has been hit hard by the COVID-19 pandemic. The rising uptake of electric vehicles and imminent recovery of the automotive industry by 2022 from the pandemic’s impact are boosting automobile production, which, in turn, is driving the demand for cellular rubber. Asia Pacific is a prominent automotive market with the largest share in automobile production, especially in China, Japan, and India. Furthermore, there is a surge in demand for electric vehicles across the world. According to the EVAdoption reports, the sale of these vehicles is expected to reach 3,000,000 units by 2028 from 507,710 units in 2020 in the US.

Product Type Insights

Based on product type, the global cellular rubber market is segmented into sheets, rolls, and others. The sheets segment is anticipated to hold the largest share of the market during the forecast period. Cellular rubber is a type of foam rubber with a cell structure, wherein the cells are not interconnected. It is lightweight and compressible, and the rubber sheet is generally combined with microporosity cells to create the microcellular rubber sheet. The cellular rubber sheets find applications in industries such as automotive, aerospace, and electronics due to the ease of use associated with them and their ability to confer effective insulation. It is also an ideal choice for sealing or protection purposes. The cellular rubber sheets are made from different materials, such as NBR, neoprene, and EPDM, and they are available in various sizes and thicknesses. The EPDM cellular rubber sheets are being widely used as seals against liquids, aluminum and wooden windows, and door frames due to their excellent resistance to aging, weathering, ozone, oxygen, and other chemicals.

Material Insights

Based on material, the global cellular rubber market is segmented into nitrile butadiene rubber (NBR), neoprene, ethylene propylene diene monomer rubber (EPDM), silicone, and others.  The EPDM segment is anticipated to hold the largest share of the market during the forecast period. The EPDM is a synthetic rubber made from crude oil and is synthesized via the polymerization of three monomers. Closed cell EPDM rubber is suitable for high-pressure applications manner. It is resistant to moisture, UV rays, and ozone. This makes the EPDM material a popular elastomer to be used in applications such as window sealing in vehicles and homes.

End User Insights

Based on end user, the global cellular rubber market is segmented into automotive, electronics, aerospace, and others. The automotive segment is anticipated to hold the largest share of the market during the forecast period.Cellular rubber is used for sealing doors and tubes and producing tires for the automotive sector; it also protects vehicle body part from extreme weather conditions. It is also used to manufacture body parts and chassis parts among others. The EPDM cellular rubber is often used in the automotive industry due to sealing attributes and noise reduction properties. The EPDM bonds present in the cellular rubber connect with metals to provide a strong barrier against weather and environment, road surface, and engine vibration. EPDM is also UV-resistant and waterproof. Thus, the versatility of EPDM cellular rubber enables it to be used in various automotive applications.

Cellular Rubber Market, by End User – 2020 and 2028

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NDS-Seals, PANA Foamtec GmbH, ERIKS, Ridderflex, Polymax Ltd, Rogers Corporation, W. KÖPP GmbH & Co. KG, SEDO Chemicals Neoprene GmbH, Kautschuk- und Kunststoffteile GmbH, and Oskar Pahlke GmbH are among well-established players in the cellular rubber market. Companies in the market are adopting strategies such as product development, plant expansions, and mergers and acquisitions to expand their footprint worldwide and meet the growing demand from end users.

Report Spotlights

• Progressive industry trends in the cellular rubber market to help players develop effective long-term strategies
• Business growth strategies adopted by developed and developing markets
• Quantitative analysis of the cellular rubber market for the period 2019–2028
• Estimation of the demand for cellular rubber across various industries
• Recent developments to understand the competitive market scenario and the demand for cellular rubber
• Market trends and outlook along with  factors governing the growth of the cellular rubber market
• Understanding on the strategies that underpin commercial interest with regard to the global cellular rubber market growth
• Detailed overview and segmentation of the global cellular rubber market as well as its dynamics in the industry
• Cellular rubber market size in various regions with promising growth opportunities

The report aims to provide an overview of the market with detailed market segmentation based on product type, material, end use, and geography. Based on product type, the cellular rubber market is segmented into sheets, rolls, and others. Based on material, the cellular rubber market is segmented into NBR, neoprene, EPDM, silicone, and others. Based on end user, the market is segmented into automotive, electronics, aerospace, and others. Based on geography, the cellular rubber market is segmented into five main regions—North America, Europe, Asia Pacific, the Middle East and Africa, and South and Central America.

Company Profiles

• NDS-SEALS
• Pana Foamtec GmbH
• Eriks
• Ridderflex
• Polymax Ltd
• Rogers Corporation
• W. KÖPP GmbH & Co. KG
• SEDO Chemicals Neoprene GmbH
• Kautschuk- und Kunststoffteile GmbH.
• Oskar Pahlke GmbH