Rubber Repair Adhesives Market Growth Projections in a Revised Study Based on COVID-19 Impact- Exclusive Report by MarketsandMarkets™

The global rubber repair adhesives market size is estimated to be USD 291 million in 2020 to USD 354 million by 2025, at a CAGR of 4.0% during the forecast period. Rubber repair adhesives are widely used in the mining & quarrying end-use industry for repairing and maintaining conveyor belts, pulleys, and rollers. The rubber repair adhesives have superior performance over mechanical fasteners and have no potential substitute.

Rubber repair adhesives are used in the mini & quarrying, cement & aggregate, steel, and other end-use industries. The mining & quarrying end-use industry accounted for the largest market share in the global rubber repair adhesives market. Rubber repair adhesives offer properties such as superior adhesion, lower operating costs, and time-saving. The rubber repair adhesives have large demand for rubber linings in conveyor belts, pulley laggings and rollers of mining & quarrying end-use industry.

The key players in the market include LORD Corporation (US), Fourthane (Chile), 3M (US), Henkel AG & Co. KGaA (Germany), Sika AG (Switzerland), H.B. Fuller Company (US), Belzona International Ltd. (England), Rema Tip Top AG (Germany), ITW Performance Polymers (US) and Eli-Chem Resins UK Limited (UK).These companies are adopting various inorganic and organic strategies to increase their foothold in the market.
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