World Rubber Testing Equipment Sector Discussed in New Azoth Analytics Report Recently Published at MarketPublishers.com
01 Apr 2016 • by Natalie Aster
LONDON – The global rubber testing equipment market is gaining traction in line with the surging demand for tires. The market has been growing at a moderate tempo during the past 5 years due to the soaring number of vehicles and the upsurge in the demand for tires across different geographies. Through to 2021, the world market for rubber testing equipment is expected to grow moderately owing to the hike in the number of equipment which are close to the end of their performance life during that period and the technology advances in the equipment.
The rubber testing equipment market is still following an upward growth trajectory where the use is dependent on the tires manufactured, and considering an increasing number of vehicles are coming on the roads from pole to pole. The growth in the number of tires produced, a surge in electronic integration and research and the development of the novel products also create the demand for the products, thus inducing the market to expand going forward at a constant pace. However, the market growth is being hindered by a number of challenges such as outsourcing trend for testing raw materials, competition from exhausted and refurbished equipment, and a shift towards non-destructive testing techniques.
Asian Test Equipment’s, Presto Group, Karg Industrietechnik, Qualitest, Ektron Tek Co., Ltd. and Gibitre Instruments are the promising players in the rubber testing equipment universe.
New comprehensive research report “Global Rubber Testing Equipment Market” elborated by Azoth Analytics offers a granular analysis of the worldwide market for rubber testing equipment. It contains an insightful product overview. The research report provides an examination of the market in terms of value and by volume, providing historical (2011-2015) and forecast data (to 2021); it also gives an assessment of the factors having a bearing on the marketplace. The study offers an extensive analysis of the market across North America, APAC, Europe and RoW, providing market values and forecasts for each regional market. It also focuses on investigating the 11 major country markets, giving valuations, historical and forecast for each. The study limelights the market trends, canvasses the market drivers and challenges. A comprehensive trade data analysis is included, covering the top 5 nations with import and export by value. The research study discusses the competitive landscape and offers an outlook for the worldwide rubber testing equipment market.
Global Rubber Testing Equipment Market
Published: March, 2016
Price: US$ 2,400.00
More cutting-edge reports by this publisher are available at Azoth Analytics page.