Synthetic Rubber Market Report - Industry Size, Share, Trends, Growth And Forecast Till 2025

Synthetic Rubber Market evaluates the market share held by the key Players of the industry and offers a full assessment of the competitive landscape. This market is fragmented into different segments with the insightful analysis of each segment with respect to the geography for the study period. Based on the historical data, the report evaluation future prospects and provides the market trends, size, growth, and estimation for the period 2018-2025.

Synthetic rubber is a polymeric component synthetically prepared from petroleum monomers. Synthetic rubber undergoes deformation very easily as compared to other polymers and thus has a wide range of end- user applications. Synthetic rubber is used in end-user applications like footwear, automobile tires, adhesives, rubber coatings, construction, machinery parts, sealants, hoses and others.

Synthetic rubber along with several applications also has some beneficial properties. It can be molded into desired shape and size and have several benefits over natural rubber. Products segment the global synthetic rubber into ethylene propylene (EPDM), nitrile butadiene rubber (NBR), styrene butadiene rubber (SBR), polybutadiene (BR) and others (IIR, CR, TPR, ABS, etc.) Based on end-use global synthetic rubber is classified as industrial goods, footwear, tires and others (Adhesives, Asphalt Overlay, Etc.). Styrene butadiene rubber is the most popularly used product with wide range of industrial uses.

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Increase in the demand for vehicles surges market growth of automobile and in turn facilitates rapid growth of global synthetic rubber market. Synthetic rubber has many benefits over natural rubber and is cost effective yet efficient as compared to natural rubber. These factors significantly empower the growth of this market. Other applications are expected to augment market growth of synthetic rubber for the forecast.

Major player assessed in the report are:
- Exxon Mobil Corporation
- Kumho Petrochemical
- Lanxess AG
- Sumitomo Chemical Co. Ltd.
- TSRC Corporation
- The Dow Chemical Company
- Versalis S.p.A.
- Dynasol Elastomers SA
- Others

Geographically, global synthetic rubber market is segmented as Europe, Asia Pacific, North America, Latin America and Middle East and Africa. Asia Pacific is geography wise the most dominant region of this market. Ever increasing population in India and China and demand for vehicles in these region support market growth of Asia Pacific. Europe and North America are developed economies with mature markets and expected to show substantial growth for the forecast.

Major Table of Contents:

1.Introduction To The Synthetic Rubber Market
2.Executive Summary
3.Market Analysis Of Synthetic Rubber
4.Synthetic Rubber Market Analysis By Product
5.Synthetic Rubber Market Analysis By End-Use
6.Synthetic Rubber Market Analysis By Region
7.Competitive Landscape Of Synthetic Rubber Companies
8.Company Profiles Of Synthetic Rubber Industry

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