Cellular rubber is a type of foam rubber that has a cell structure that is not interconnected. The rubber sheet is lightweight and compressible, and it is typically paired with microporosity cells to form the microcellular rubber sheet. These rubber sheets are often used to construct the soles of shoes and slippers, and they are primarily intended to provide comfort, flexibility, and durability. Cellular rubber is utilised in the automotive industry for a range of purposes, including door and tube sealing, tyre manufacture, and weather protection for vehicle body sections.
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 interruption in the supply of raw materials such as polyethylene and polypropylene, which hampered production operations, was a major factor restraining the expansion of the cellular rubber market during the COVID-19 pandemic. Furthermore, a rise in crude oil prices has caused swings in raw material prices, posing challenges to the market's continuous expansion. The cellular rubber industry, on the other hand, has seen consistent demand from end-user industries such as automotive, construction, HVAC, and consumer products. Furthermore, as part of the economic recovery effort, numerous sectors are strategically planning to invest in sophisticated and bio-based materials, such as cellular rubber, in order to meet the growing demand for environmentally 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.
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