France Rubber Industry Analysis, Forecasts and Opportunity Assessment (2017-2023)
Report on France Rubber Industry Analysis, Forecasts and Opportunity Assessment (2017-2023)
Introduction to France Rubber Industry
Rubber Industry in France consists of a number of specialisation, majorly tyre manufacturing, adhesive production and recycling. The big portfolio of production makes French Rubber Industry second in size after Germany in the whole of Europe. With big giants like Michelin Tyres, France observers a huge local market for the product. Tyres have historically been the major driver for the rubber industry and it has been doing the same for the French Industry as well. France enjoys being in top 10 position as an exporter and as an importer as well in rubbers.
The mechanical rubber makes the most part of the business here, a big thanks to the automotive industry and high demands in the industrial equipment. The two types of rubber are natural and synthetic one. Among the natural and synthetic rubber, a big portion of the market is the natural one made possible by its quality leadership and requirements in tyre manufacturing.
With a growing automotive industry, rubber industry is only seeing more and more money coming in. The industry is projected to show even better results year over year. Another major impact is coming from the growing construction industry in France that is fuelling more demands for industrial rubber.
Rubber demands from medical industry are continuously gaining traction worldwide and the same is proving to be a boon for the Rubber Industry in France as well. This has increased demands of isoprene latex (a type of rubber) which is used in making medical gloves, condoms and others just to name a few. Even though France has till now relied on internal market and the fellow nations in the European Union, there is a huge trade potential outside the EU as well, esp. in the USA. As a relief to the rubber industry, the news of Brexit isn’t too damaging for it with experts suggesting an extremely minute blow to France because of the same.
French rubber industry has been majorly categorised by the product type and market type. Based on the market, we have segments as Automotive, Aerospace, Manufacturing, Construction and Medical. The different segments demand different types of rubber for their respective industries. The rubber industry has until now run by Automotive industry. However, Construction and Medical industries have the most future potential for the growth in the rubber industry.
Geographically, French Market can be divided into Northern, Western, Southern, Eastern and Central France. These are sorted in a decreasing order of their market share. Amongst these, the northern region holds almost half of the total market and is expected to grow even more. Central and Eastern regions are extremely small in size when compared to the other three.
A major player in the French Rubber industry is Hutchinson SNC that enjoys the maximum revenue amongst its peers. This along with Michelin Tyres, Cooper Standard France, Goodyear, Lanxess and Trelleborg AB are some of the key players in the industry.
Major Trade Partners
France deals with a number of EU nations to trade rubber. France exports rubber to the Auto making Giant Germany, Italy, Spain, Belgium and UK, in decreasing order of their share.
France is a major importer of rubber as well. France is the 7th largest rubber importing nation in the world. It imports rubber from Germany, Belgium, Italy, Spain, Netherlands and others, listed in decreasing order of import share.
The report contains a comprehensive analysis on:
- France Rubber Industry Segments
- France Rubber Industry Drivers, Restraints and Opportunities
- France Rubber Industry Size & Forecast 2016 to 2023
- Supply & Demand Value Chain
- France Rubber Industry Current Trends
- Competition & Major Companies
- Technology and R&D Status
- Porters Five Force Analysis
- Strategic and Critical Success Factor Analysis of Key Players
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides in-depth market segmentation that is derived from extensive product mapping exercises, macroeconomic factors, and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
- Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
- Consumer and Pricing Analysis
- Market dynamics of the industry
- In-depth Market Segmentation
- Historical and Projected Market Sizing in terms of volume and value
- Recent market trends and Impact Factors
- R&D Status and Technology Overview
- Extensive Industry Structure Coverage