Automotive rubber component market analysis covering the period 2011 to 2030 for global and regional market demand. Market demand is analysed for rubber compound volume and unit component demand.
The report is based upon a combination of primary and secondary research combined with RCCL’s proprietary market modelling systems and wide ranging experience in rubber segment market analysis. RCCL aims to provide transparency for all market analysis and industry reports. Assumptions, methodology and key inputs are clearly explained and documented. Purchasers of this report can arrange to run reports using their preferred input variables, this can be done at a reduced daily consultation rate.
The report details the proprietary top-down market model developed specifically for analysis of the automotive rubber component market. This model builds representative historic, current and future car parcs by vehicle sub type. Vehicle sub types are assigned rubber components based upon their technology requirements. The final analysis is broken down by original equipment demand and replacement market demand.
Automotive rubber component industry drivers are assessed in detail. This looks at vehicle production, parcs and vehicle types and also covers regional legislation and initiatives. Rubber component technology changes are analysed looking at changing component types, constructions and compositions.
The top-down model is validated against RCCL’s bottom-up market analysis system (Global Tire & Rubber Chemicals Database) which provides an independently calculated check and balance.
Automotive rubber component compound and unit demand forms the largest part of the report. The market is broken down in multiple dimensions including: Global, region, original equipment, replacement, generic component type, application component type, vehicle type and vehicle sub type. The analysis provides insight into changing usage patterns via evolving vehicle and rubber component technologies.
Forward market estimates are always subject to uncertainty. A potential disrupter is the change from combustion engines to electric vehicles. This change has been modelled based on RCCL’s best estimate which considers regional changes and future targets and takes a cautious approach to the rate of change. The report also provides analysis based upon an accelerated rate of change to electric vehicles (specifically BEV – battery electric vehicles which are fully electric), the results are compared to the best estimate analysis.