From Freedonia comes a new study, that analyses the US market for industrial rubber products through 2014. According to the study, the market is expected to recover from the declines registered during the 2004 - 2009 period, increasing 6.0 % annually to USD 17.7 billion in 2014.
Rebounding levels of motor vehicle production will support demand increases, as will accelerating output in the machinery industry, forecasts the study. Sales of mechanical rubber goods, such as body seals, vibration control products, and wiper blades, will post strong increases through 2014 and will continue to account for the largest share of overall demand.
With the exception of rubber roofing, every major product category is forecast to improve from its 2004 - 2009 performance. These and other trends are presented in the study.