Rubber Molding Market Size, Share, Sales, Demand & Growth by 2034
The global rubber molding market is expected to experience significant growth, rising
from US$ 54.2 billion in 2024 to US$ 109.3 billion by 2034, with a 7.3% CAGR through
2034. The market’s expansion is also fueled by continuous advancements in rubber material
technologies, stringent regulatory standards, and an emphasis on energy efficiency.
Challenges such as volatile raw material prices, competition from low-cost producers, and
environmental concerns pose potential obstacles.
South Korea is emerging as a strong player in the rubber molding market, with a robust
CAGR of 9.0% projected from 2024 to 2034. This growth is driven by the country’s
technological prowess and expertise in precision molding techniques. Japan is also gaining
dominance with a steady growth rate projected at 8.7% CAGR, driven by its reputation for
precision engineering and innovation, particularly in automotive and electronics applications.
The global rubber molding industry highly depends on materials like ethylene propylene
diene monomer (EPDM), renowned for its exceptional properties and versatile applications
across various sectors. EPDM is widely used in automotive sealing systems, construction
roofing membranes, and electrical insulation, highlighting its dominance in the market.
Transfer molding is also preferred, offering precise control over material distribution and
production efficiency, particularly in industries requiring complex geometries and tight
tolerances.
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Despite the promising growth prospects, the industry faces challenges such as supply chain
disruptions, regulatory restrictions, and competition from alternative materials. However,
with continuous investment in research and development, adherence to quality standards, and
adoption of sustainable practices, the rubber molding market is poised for sustained
expansion. Key players like Continental AG, Freudenberg and Co., Sumitomo Riko, Federal-
Mogul Corporation, NOK Corporation, and Hutchinson SA are expected to shape the
market’s trajectory.
Key Takeaways from the Market Study

Transfer molding propels the rubber molding market with an annual 7.1 % CAGR.

Ethylene propylene diene monomer lead in the rubber molding industry, accounting
for 6.8 % of CAGR.

The rubber molding market in South Korea has the potential to increase at 9.0%
CAGR through 2034.

The rubber molding in Japan is projected to inflate at a CAGR of 8.7% through 2034

The rubber molding market in the United Kingdom is predicted to rise by a
remarkable 8.3% CAGR through 2034.

The rubber molding in China is anticipated to develop at a CAGR of 7.9% through
2034.

The rubber molding in the United States is estimated to rise at 7.5% CAGR through
2034.
About the Chemicals and Materials Division at Future Market Insights (FMI)
The chemicals and materials division of Future Market Insights (FMI) offers a distinct and
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renewable technology developments, and supply-demand-trade assessment. Our research
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institutions, channel partners, and government bodies for developing — ‘The Way Forward’.
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