The Synthetic Rubber Market size is expected to grow at an annual average of 3% during 2021-2027. Synthetic rubber is artificial rubber and is made by combining various raw materials such as styrene, butadiene, chloroprene, isoprene acrylonitrile, isobutylene, ethylene, and propylene. It is a type of elastomer derived primarily from petroleum by-products. Automotive products are a huge market and are a major key factor driving the market growth on a regular basis.
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The following segmentation are covered in this report:
By Application
- Tire
- Non-Tire Automotive
- Footwear
- Industrial
By Type
- Styrene Butadiene Rubber (SBR)
- Polybutadiene Rubber (BR)
- Styrenic Block Copolymer (SBC)
- Ethylene Propylene Diene Monomer (EPDM)
- Butyl Rubber (IIR)
- Nitrile Butadiene Rubber (NBR)
Company Profile
- Lanxess
- Sinopec
- Goodyear
- Kumho Petrochemical
- TSRC
- NKNK
- JSR
- LG Chem
- Versalis
- Zeon
The report covers the following objectives:
- Proliferation and maturation of trade in the global Synthetic Rubber Market
- The market share of the global Synthetic Rubber Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Synthetic Rubber Market
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Synthetic Rubber Market
Scope of the report
The research study analyses the Synthetic Rubber Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent developments
- Market overview and growth analysis
- Import and export overview
- Volume analysis
- Current market trends and future outlook
- Market opportunistic and attractive investment segment
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Geographic coverage
- North america market size and/or volume
- Latin america market size and/or volume
- Europe market size and/or volume
- Asia-pacific market size and/or volume
- Rest of the world market size and/or volume
Key Questions Answered by Synthetic Rubber Market Report
- What was the Synthetic Rubber Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
- What will be the CAGR of Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
- Which manufacturer/vendor/players in the Synthetic Rubber Market was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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