Global industrial rubber market 2015 is estimated to grow USD 168.3 billion by 2022

摘要

Increasing automotive industry and increased demand for high-performance tires are the factors driving the growth of global industrial rubber market. Environmental issues, rising threat from the substitutes and Volatility of the oil prices are the factors hindering the market. Mechanical goods are expected to account for the largest share Global Industrial Rubber Market is expected to reach $168.3 billion by 2022. . Provider of belts and hose will gain profit from increased customer demand of the durable goods, mainly machinery and equipment.