DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Plastics And Rubber Products Manufacturing Market Global Briefing 2017" report to their offering.
The rubber products industry comprise establishments that manufacture tires and retreading, rubber hoses and belting, rubber sealants and all other rubber products which have domestic and industrial applications.
Asia was the largest region in the rubber products manufacturing market in 2016, accounting for 40% market share. This was due to high demand for rubber products from manufacturing industries, especially from the industrial machinery and motor vehicle industries. The Americas was the second largest region accounting for 30% market share. Europe was the third largest region accounting for 23% market share.
Computer simulation and 3D printing technology is expected to have a significant impact on the rubber product manufacturing industry. Increasing number of companies are adopting 3D technology to design and develop rubber or rubber products. Software aided system offers 3D presentations on production line processes, including potential fault lines and also provides control on the manufacturing process .
For example, Stratasys develops 3D printing technologies to produce automotive tires that can be customized to different levels of hardness, and elongation . In March 2016, Goodyear introduced the Eagle-360 that will be a 3D printed spherical tire that promises to provide a 360 degree motion.
Companies Mentioned
- Bridgestone
- Michelin Inc
- Good Year
- Pirelli
- Yokohama Rubber Company Ltd
- Cooper Tire & Rubber Co
- Toyo Tire & Rubber Co Ltd
- Carlisle Companies
- Apollo Tyres
- Top Glove
For more information about this report visit http://www.researchandmarkets.com/research/tpltv3/plastics_and