The rubber testing equipment market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.7% in the forecast period of 2021 to 2028 and is expected to reach USD 268,943.25 thousand by 2028. The increasing use of rubber testing equipment in the medical industry is boosting the growth of the rubber testing equipment market.
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Market Analysis and Insights: Global Rubber Testing Equipment Market
The rubber testing equipment market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.7% in the forecast period of 2021 to 2028 and is expected to reach USD 268,943.25 thousand by 2028. The increasing use of rubber testing equipment in the medical industry is boosting the growth of the rubber testing equipment market.
Rubber is considered a highly suitable material for the healthcare industry with its highly beneficial properties. Various rubber products used in the healthcare industry are rubber caps/tabs, rubber tubes for infusion and transfusion sets, birth control products, surgical gloves, rubber medical masks, rubber catheters, rubber bulb syringes, rubber bladders, and others. These various rubber products need to be tested to work according to the required properties, any compromise in the quality of rubber for medical products can lead to danger to human life. The growing requirement for rubber products by the healthcare industry is thus a major factor for boosting the growth of the rubber testing equipment market.
Global Rubber Testing Equipment Market Scope and Market Size
The rubber testing equipment market is segmented on the basis of type of testing, technology, rubber type, frequency range, and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the differences in your target markets.
• On the basis of type of testing, the rubber testing equipment market is segmented into viscosity testing, density testing, hardness testing, flex testing, thickness tester, mechanical stability tester, impact tester, aging oven testing and others. In 2021, viscosity testing segment dominates type of testing segment and expected to grow at the best rate since viscosity testing is the first and foremost test which indicates category and quality of the rubber.
• On the basis of technology, the rubber testing equipment market is segmented into mooney viscometer, moving die rheometer, automated density tester, automated hardness tester, process analyzer and others. In 2021, mooney viscometer segment dominates the technology segment as it is mechanically operated and has wide adoption rate, however, moving die rheometer segment is gaining market at higher pace due to its smooth bearing operations and rapidly reducing costs.
Rubber Testing Equipment Market Country Level Analysis
Rubber testing equipment market is analysed and market size information is provided by country, type of testing, technology, rubber type, frequency range and application as referenced above.
The countries covered in rubber testing equipment market report are U.S., Canada and Mexico in North America, Germany, U.K., France, Switzerland, Italy, Spain, Netherlands, Russia, Belgium, Turkey, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific in the Asia-Pacific, South Africa, UAE, Saudi Arabia, Israel, Egypt and Rest of Middle East & Africa as a part of Middle East and Africa, Brazil, Argentina, and Rest of South America as part of South America.
Competitive Landscape and Rubber Testing Equipment Market Share Analysis
Rubber testing equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to global rubber testing equipment market.
Key players
The major players covered in the report are Alpha Technologies (A Subsidiary of Roper Technologies, Inc.), International Equipments, Asian Test Equipments, Elastocon AB, Gotech Testing Machines Inc., GÖTTFERT Werkstoff-Prüfmaschinen GmbH, Dak System Inc., Gibitre Instruments, MonTech Rubber Testing Solutions, Ektron Tek Co., Ltd., H.W. Wallace & Co Limited, Haida International Equipment Co., Ltd., U-CAN DYNATEX INC., Qualitest International Inc., J.T.M Technology Co., Ltd., Ueshima Seisakusho Co., Ltd., Testing Machines, Inc., TA Instruments., PRESCOTT INSTRUMENTS LTD, AML Instruments Limited among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Rubber Testing Equipment Market
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