Global Robotics Market in Rubber, Plastics, and Chemicals Industries 2017-2021

  • Published: Oct 2017
  • Pages: 84
  • SKU: IRTNTR15453
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This industry research report identifies ABB, FANUC, Kawasaki Heavy Industries, and KUKA as the key vendors in the global robotics market in rubber, plastics, and chemicals industries. A comprehensive analysis of this market is also presented by application (material handling, dispensing, assembling and dissembling, processing, and others), by end-user (rubber and plastics industries and chemicals industry), and by geography (the Americas, APAC, and EMEA).

Overview of the global robotics market in rubber, plastics, and chemicals industries

Research analysis on the global robotics market in rubber, plastics, and chemicals industries identifies that the advantages of robotics over other automation methods will be one of the major factors that will have a positive impact on the growth of the market. Robots can keep up a constant speed for longer time periods unlike automated equipment. The forecast period will witness high adoption of applications such as robotic injection molding for steady and improved operations. Moreover, other applications such as packing, palletizing, and painting and inspection and quality control in the rubber, plastics, and chemicals industries can be made efficient by using robots. As the market gains popularity, there will be an increased production of robots that will lower the time taken to complete tasks such as molding, packing, and palletizing. These robots also ensure lesser injuries among personnel. Technavio’s market research analysts predict that this market will grow at a CAGR of more than 10% by 2021.

In terms of geographic regions, APAC will be the key revenue contributor to the robotics market in rubber, plastics, and chemicals industries throughout the forecast period. APAC serves as a base for the leading foreign manufacturers expanding to the region and the existing companies that are widely adopting co-bots in their production plants, contributing to the market growth in the region. Favourable government legislation and investments are enhancing the growth of the manufacturing industry in APAC, thereby enhancing the infrastructure and related industries.

Competitive landscape and key vendors

The robotics market in rubber, plastics, and chemicals industries consists of several established international robot manufacturers. Manufacturers of the robot manufacturing market compete intensely based on product features, price, customized solutions, and services offered. The popular vendors in the market are increasingly focusing on geographical expansion, increasing their production capacities, and upgrading their existing product portfolios. To attain competitive advantage, vendors are innovating their customer services, support, and training.

The leading vendors in the market are –

  • ABB
  • FANUC
  • Kawasaki Heavy Industries
  • KUKA

The other prominent vendors in the market are Balyo, BA Systèmes, Bastian Solutions, DF Automation and Robotics, Omron Adept Technologies, READY Robotics, Rethink Robotics, Seegrid, Smart Robotics, Stäubli, Suzhou Industrial Park AGV Technologies, Transbotics, and Yaskawa Motoman.

Segmentation by application and analysis of the robotics market in rubber, plastics, and chemicals industries

  • Material handling
  • Dispensing
  • Assembling and dissembling
  • Processing

The use of robots in the material handling  segment is supported by applications such as machine tending, packaging, palletizing, injection, and blow molding. The vendors are also implementing injection molding cells with robotic guidance for picking parts with additional material into the prefabricated plastic parts. These factors will drive the growth of the material handling market.

Segmentation by end-user and analysis of the robotics market in rubber, plastics, and chemicals industries

  • Rubber and plastics industries
  • Chemicals industry

According to this market research report, the rubber and plastics industry will hold the maximum share of this market until 2021. The rise in the adoption rates of improved technologies for manufacturing processes and increasing importance in the rubber and plastics industries to adhere to standards relating to energy efficiency will drive the market growth in this segment.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the robotics market in rubber, plastics, and chemicals industries?
  • What are the key market trends impacting the growth of the robotics market in rubber, plastics, and chemicals industries?
  • What are the challenges to market growth?
  • Who are the key vendors in the robotics market in rubber, plastics, and chemicals industries?
  • What are the market opportunities and threats faced by the vendors in the robotics market in rubber, plastics, and chemicals industries?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the robotics market in rubber, plastics, and chemicals industries?

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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