The Global Rubber And Polyurethane Suspension Bushings Market size are projected to reach USD 3.98 Billion by 2028, at a CAGR of 2.8% during the forecast period 2021-2028. The high demand for this product in passenger cars has been driving the growth of this market across regions such as North America, Europe, Asia Pacific, and Latin America; especially in countries like India, China, and Brazil due to their large populations with low car ownership rates.
Rubber and polyurethane suspension bushings are rubber or plastic components that absorb the shock of movement between two parts. The connection is made by a bushing at either end, which can be fixed in place with bolts or clamps. Rubber suspension bushings have higher elasticity than polymer ones for absorbing impact energy; they do not create a seal and are tough to design, assemble, or service. Polyurethane bushings absorb more impact energy than rubber ones; they create an airtight seal that can be suitable for use in cases where vibration is not allowed or as a cushion between metal parts that cannot get wet and thus need protection from corrosion.
On the basis of Types, the market is segmented into rubber and polyurethane.
A rubber suspension bushing is a type of damping device which acts as an energy absorber for sudden shocks by transferring kinetic energy from one object to another. Rubber bushings are made of a resilient material, such as rubber. Rubber construction enables the bushing to act like springs in areas where there will be contact with other components at high speed and loads because they do not create a seal and are tough to design, assemble, or service.
Polyurethane suspension bushings are designed to minimize the installation and maintenance costs associated with rubber suspension bushings. Polyurethane is a durable polymer that can be pressurized or molded into different shapes, providing more stability than common rubber materials. Polyurethanes also have better chemical resistance, so polyurethane suspensions last longer in wet conditions such as coastal areas where saltwater corrosion will shorten the life of less durable materials like rubber. On average, polyurethane bushes cost about three times as much per unit when compared with rubber ones; however, they provide additional lifetime savings due to their durability.
On the basis of Application, the market is segmented into passenger cars, light commercial vehicles (LCV), and heavy commercial vehicles (HCVs).
Passenger car suspension bushings are used to improve ride comfort and vehicle handling, as well as provide noise isolation from other parts of the suspension system. They also play a significant role in ensuring that wheel alignment is maintained when driving on uneven surfaces such as potholes or ruts. Passenger vehicles with bushings that have been designed for heavy-duty use will show increased vibration over time due to wear, leading to an increase in friction between the bushing material and mating surface at high speeds. In these cases, rubber can offer a more durable option than polyurethane suspension bushings because it has higher resilience against abrasive forces compared to its synthetic counterpart.
Rubber suspension bushings are mostly used in the operation of various light commercial vehicles. They provide a quiet ride, reduce vibrations, and dampen oscillations for both passengers and cargo alike.
In automobiles such as vans or trucks that have an engine mounted at the back of the vehicle, rubber bushing pads can also be found to aid with vibration control from this source. In addition, polyurethane-based suspension bushings make it possible to mount all four tires on one axle without compromising stability during turns. This design feature is especially handy in fire engines where there is limited room for spare tire placement.
Heavy commercial vehicles (HCVs) use suspension bushings for the front and rear axles to help absorb road bumps. Rubber is used on both sides of a bushing while polyurethane can be used on either side, but not in combination. Polyurethane has higher resilience than rubber, so it provides better shock absorption capabilities. It also lasts longer because it's more resistant to corrosion from saltwater exposure as well as being less susceptible to wear than rubber under high loads.
However, the polymer is more expensive than rubber when both are ordered by weight and costlier overall since manufacturers charge per piece rather than per kilogram as they do with most products that require raw materials such as steel or aluminum which helps keep costs down.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. North America is expected to lead the global market for rubber and polyurethane suspension bushings during the forecast period. The growth of this region can be attributed to factors such as an increase in demand from passenger cars, especially with respect to SUVs such as Jeep Wrangler (2018), Chevrolet Avalanche 2019, Ford F-150 XL 2020, and Mazda CX-30 2021.
North America is expected to account for a 37% share of rubber bushing globally by 2028 whereas the Asia Pacific will have 26%. The Asia Pacific is anticipated to experience significant growth on account of the region’s large population and growing transportation industry.
The rise in the sales of passenger cars and light commercial vehicles globally is one of the growth factors for the global rubber amp polyurethane suspension bushings market. The passenger car segment accounted for a major share in terms of volume distribution with more than 51% shares by region and the LCV segment accounted for 18.02% shares by type. - Increasing demand from emerging economies such as India, China, Brazil, Thailand, Vietnam among others has led to an increase in production capacity which increased competition among manufacturers leading to reduced pricing due to price war.
The growth can be attributed mainly due to an increased demand for automotive components from passenger car manufacturers globally as well as increasing sales in emerging economies such as India, China, Brazil among others. Apart from this, there are factors like government regulations that may impact the overall performance of the industry over time.
Up Market Research published a new report titled “Rubber amp Polyurethane Suspension Bushings Market research report which is segmented by Types (Rubber, Polyurethane), By Applications (Passenger Car (PC), Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)), By Players/Companies Prothane, Whiteline, Moog, General Motors, Advanced Flow Engineering, Inc., Crown Automotive, BOGE Rubber & Plastics, Tenneco Inc”.
|Report Attributes||Report Details|
|Report Title||Rubber amp Polyurethane Suspension Bushings Market Research Report|
|By Type||Rubber, Polyurethane|
|By Application||Passenger Car (PC), Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)|
|By Companies||Prothane, Whiteline, Moog, General Motors, Advanced Flow Engineering, Inc., Crown Automotive, BOGE Rubber & Plastics, Tenneco Inc|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||222|
|Number of Tables & Figures||156|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Rubber, Polyurethane and By Application Passenger Car (PC), Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV).
Some of the companies that are profiled in this report are:
Rubber amp Polyurethane Suspension Bushings Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Rubber amp Polyurethane Suspension Bushings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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