Rubber Molding Market 2022 Growth Research, Demand, Strategic Assessment by Top Players and Forecast 2030
The global rubber molding market has been experiencing swift growth over the past few years. Technological advancements and spreading awareness regarding advantages of lightweight automotive parts are fueling the growth of the market. Increasing automation alongside, the integration of the entire value chain in the rubber processing industry is positively impacting the market growth. According to Market Research Future (MRFR), the global rubber molding market is expected to register a moderate 5.3% CAGR throughout the forecast period (2016 to 2022). High demand for fuel-efficient vehicles is also another key driving force, enhancing the growth of the rubber molding market. The transportation industry, including aerospace, automotive, and marine, are growing by making the best of rubber molding advantages of performance and usability. Major Players: Players leading the global rubber molding market include Continental AG, Federal-Mogul Corporation, DANA Holding Corporat