Exploring the Growing India Rubber Products Market in the Civil Construction Industry

Apr 10,2023 | Materials

Products made of rubber are adaptable materials that are frequently used in the civil construction sector. They have special qualities that make them perfect for applications including sealing, insulation, and vibration dampening. Rubber products play a vital part in the civil construction sector in India, where they are used extensively in infrastructure projects like buildings, bridges, and road construction.

Rubber gaskets, sealants, sheets, and matting are some common rubber goods used in civil engineering. These goods are an excellent option for a variety of construction projects thanks to their many advantages, including durability, weather resistance, and low maintenance. Rubber items are also inexpensive and widely accessible in the Indian market, which makes them a well-liked option for builders and contractors.

The India rubber products market for civil construction industry is expected to grow at a CAGR of 7.1% from 2022 to 2029 to reach US$311.2 million by 2029. The growing construction industry and increasing urbanization mainly drive this market's growth in India. Implementing smart technology in manufacturing rubber products and developing rubber industry in India are expected to create market growth opportunities.

Following thorough secondary and primary research and in-depth analysis of the market scenario, the exclusive business report provided on Bharatbook, under the Chemical & Materials and Materials categories carries out the key industry drivers, restraints, challenges, and opportunities.

Based on product, the rubber flooring, matting, and decking segment is expected to grow with the highest CAGR during the forecast period. The advantages of rubber flooring, matting, and decking in terms of durability and resilience, noise absorption, comfort, insulation, and safety are the main factors driving this segment's growth in India rubber products market for civil construction industry.

Based on rubber type, the natural rubber segment is expected to grow with the fastest CAGR during the forecast period. Factors driving the growth of this segment include the benefits of natural rubber, such as high tensile strength and good resistance against environmental factors, coupled with the increasing production of natural rubber in India for domestic use and export.

Key companies operating in the India rubber products market for civil construction industry are Saga Elastomer Pvt. Ltd. (India), ALP Group (India), Shin-Etsu Chemical Co., Ltd. (Japan), Hira Industries LLC (U.A.E.), United Rubber Industries (I) Private Limited (India), Apcotex Industries Ltd (India), Kantaflex (India) Private Ltd. (India) Private Ltd. (India), Zenith Industrial Rubber Products Pvt. Ltd. (India), BASF SE (Germany), and The Dow Chemical Company (U.S.).

For more information on the market, I recommend to visit India Rubber Products Market For Civil Construction Industry