Market Overview:
The global flexible thermal rubber market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for flexible thermal rubber in various applications, such as HVAC, plumbing, refrigeration, automotive, oil & gas and others. Additionally, the growing demand for automobiles and rising disposable income are also contributing to the growth of this market.
Product Definition:
A flexible thermal rubber is a type of insulation that helps keep heat in or out depending on the application. It is made up of rubber and other materials that make it flexible, which allows it to be used in a variety of applications. Flexible thermal rubbers are important because they help maintain the temperature of objects or spaces, whether it is keeping heat in during winter or keeping cool air in during summer.
NBR Based:
NBR based flexible thermal rubber (NBR FTR) is a type of synthetic rubber, which has high resistance to heat. It can be used as an alternative for natural or semi-natural rubbers in applications where good performance and low temperature flexibility are required. NBR based products have been replacing petroleum-based materials in various industries such as automotive & transportation, consumer goods and electrical & electronics owing to their environment friendly nature along with other properties such as better efficiency at low temperatures.
EPDM Based:
EPDM is a type of rubber that is used in the production of flexible thermal rubber (FTR) for applications such as flooring, insulation, and sealing. EPDM based FTRs are widely utilized in HVAC systems on account of their low cost and excellent properties including flexibility at low temperatures, high tensile strength & modulus, good electrical resistance along with being easily installable.
Application Insights:
The automotive application segment led the market and accounted for more than a 29% share of the global revenue in 2017. The product is widely used in automotive applications, such as HVAC, powertrain, cooling & ventilation systems and lubrication system. It is also used to manufacture oil-free flexible joints which are highly durable and offer better thermal resistance.
Flexible TIRs are increasingly being utilized for manufacturing friction-based products that require good wear resistance along with high temperature stability over wide range of temperatures. They find extensive use in industrial machinery & equipment applications owing to their excellent durability coupled with low maintenance cost as compared to metal alternatives.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a revenue share of more than 60% in 2016 owing to high product demand from various end-use industries, such as HVAC & refrigeration, oil & gas, automotive and others. China is projected to remain a key consumer due to rapid industrialization along with increasing construction activities in the country.
The growth of manufacturing industries coupled with government initiatives towards infrastructural development are likely to drive flexible thermal rubber demand across Asia Pacific during the forecast period. In addition, favorable regulatory policies by governments aimed at promoting investments through FTTXs are further anticipated boost regional growth over the next eight years.
North America emerged as one of the prominent consumers owing to increased spending on home improvement projects such as remodeling or renovation of houses/apartments.
Growth Factors:
- Increasing demand for thermal insulation in construction industry
- Rising awareness about the benefits of flexible thermal rubber among consumers
- Growing popularity of green buildings that use energy-efficient materials
- Proliferation of online retail platforms that offer a wide range of flexible thermal rubber products at competitive prices
- Technological advancements that have led to the development of more efficient and durable flexible thermal rubbers
Scope Of The Report
Report Attributes
Report Details
Report Title
Flexible Thermal Rubber Market Research Report
By Type
NBR Based, EPDM Based, Chloroprene Based, Others
By Application
HVAC, Plumbing, Refrigeration, Automotive, Oil & Gas, Others
By Companies
Armacell, K-FLEX, NMC, Zotefoams, Kaimann, Aeroflex, Union Foam, Thermaflex, Durkee, Huamei, Armacell
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Flexible Thermal Rubber Market Report Segments:
The global Flexible Thermal Rubber market is segmented on the basis of:
Types
NBR Based, EPDM Based, Chloroprene Based, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
HVAC, Plumbing, Refrigeration, Automotive, Oil & Gas, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Armacell
- K-FLEX
- NMC
- Zotefoams
- Kaimann
- Aeroflex
- Union Foam
- Thermaflex
- Durkee
- Huamei
- Armacell
Highlights of The Flexible Thermal Rubber Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- NBR Based
- EPDM Based
- Chloroprene Based
- Others
- By Application:
- HVAC
- Plumbing
- Refrigeration
- Automotive
- Oil & Gas
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flexible Thermal Rubber Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Flexible thermal rubber is a type of insulation that can be easily stretched, molded, and shaped to fit specific needs. It is often used in applications where temperature fluctuations are common, such as air conditioning and heating systems. Flexible thermal rubber typically has a higher R-value than other types of insulation, which means it can provide more protection against heat loss.
Some of the key players operating in the flexible thermal rubber market are Armacell, K-FLEX, NMC, Zotefoams, Kaimann, Aeroflex, Union Foam, Thermaflex, Durkee, Huamei, Armacell.
The flexible thermal rubber market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flexible Thermal Rubber Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Flexible Thermal Rubber Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flexible Thermal Rubber Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Flexible Thermal Rubber Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Flexible Thermal Rubber Market Size & Forecast, 2020-2028
4.5.1 Flexible Thermal Rubber Market Size and Y-o-Y Growth
4.5.2 Flexible Thermal Rubber Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 NBR Based
5.2.2 EPDM Based
5.2.3 Chloroprene Based
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 HVAC
6.2.2 Plumbing
6.2.3 Refrigeration
6.2.4 Automotive
6.2.5 Oil & Gas
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flexible Thermal Rubber Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Flexible Thermal Rubber Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 NBR Based
9.6.2 EPDM Based
9.6.3 Chloroprene Based
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 HVAC
9.10.2 Plumbing
9.10.3 Refrigeration
9.10.4 Automotive
9.10.5 Oil & Gas
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 NBR Based
10.6.2 EPDM Based
10.6.3 Chloroprene Based
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 HVAC
10.10.2 Plumbing
10.10.3 Refrigeration
10.10.4 Automotive
10.10.5 Oil & Gas
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 NBR Based
11.6.2 EPDM Based
11.6.3 Chloroprene Based
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 HVAC
11.10.2 Plumbing
11.10.3 Refrigeration
11.10.4 Automotive
11.10.5 Oil & Gas
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 NBR Based
12.6.2 EPDM Based
12.6.3 Chloroprene Based
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 HVAC
12.10.2 Plumbing
12.10.3 Refrigeration
12.10.4 Automotive
12.10.5 Oil & Gas
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 NBR Based
13.6.2 EPDM Based
13.6.3 Chloroprene Based
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 HVAC
13.10.2 Plumbing
13.10.3 Refrigeration
13.10.4 Automotive
13.10.5 Oil & Gas
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Flexible Thermal Rubber Market: Competitive Dashboard
14.2 Global Flexible Thermal Rubber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Armacell
14.3.2 K-FLEX
14.3.3 NMC
14.3.4 Zotefoams
14.3.5 Kaimann
14.3.6 Aeroflex
14.3.7 Union Foam
14.3.8 Thermaflex
14.3.9 Durkee
14.3.10 Huamei
14.3.11 Armacell
