The global abrasion-resistant rubber pipes market is expected to grow at a significant rate during 2023-2033, says a report.
The market is driven by factors such as the rapid growth in the transportation sector, increasing demand for energy, and the growing demand for rubber pipes in industrial and infrastructure applications, says the Datalys report.
Abrasion-resistant rubber pipes are made from natural rubber, synthetic rubber, or a combination of both. They are designed to resist mechanical wear and tear, making them ideal for use in applications that require high pressure, heat, and chemical resistance. They are also widely used in industrial, infrastructure, and water-supply applications.
A key factor driving the demand for abrasion-resistant rubber pipes is the rapid growth in the transportation sector. This is due to the increasing demand for efficient delivery of goods and services. The increasing need for energy and water-supply applications is also driving the demand for abrasion-resistant rubber pipes, the report says.
Moreover, the growing demand for rubber pipes in infrastructure and industrial applications is expected to fuel the market growth. Rubber pipes are used in several industrial and infrastructure applications such as water pipelines, sewerage systems, and chemical and fuel pipelines. Growing demand for infrastructure and industrial rubber pipes is expected to drive the market growth.
In addition, technological advancements in the manufacturing of rubber pipes are expected to drive the market growth. The development of advanced manufacturing processes such as injection molding and extrusion are expected to increase the production of abrasion-resistant rubber pipes. This is expected to lead to cost-effective production of these pipes, thus driving their demand.
The global abrasion-resistant rubber pipes market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into natural rubber, synthetic rubber, and mixed rubber. Natural rubber pipes are expected to dominate the market owing to their superior properties such as resistance to high temperature and weather, chemical and oil resistance, and flexibility.
On the basis of application, the market is segmented into industrial, infrastructure, and transportation. The industrial segment is expected to dominate the market owing to the increasing demand for rubber pipes in industrial applications such as water pipelines, fuel pipelines, and chemical pipelines. The transportation segment is expected to witness significant growth owing to the increasing demand for efficient delivery of goods and services.
The Asia Pacific region is expected to witness significant growth owing to the increasing demand for rubber pipes in transportation and infrastructure applications. The increasing investment in the infrastructure sector in the region is expected to drive the market growth.
The European region is expected to witness moderate growth owing to the presence of major players in the region and the increasing demand for rubber pipes in industrial and infrastructure applications.
The major players in the global abrasion-resistant rubber pipes market are Bridgestone Corporation, ContiTech AG, Goodyear Tire & Rubber Company, Trelleborg AB, and Veyance Technologies. These players are adopting various strategies such as product launches, mergers and acquisitions, and partnerships to strengthen their market position.
