UK synthetic rubber market is forecast to augment with significant growth during the forecast period. The market in the UK for synthetic rubber is primarily driven by the demand in the automobile sector and due to the demand of medical gloves in the health care sector. The automobile industry in the UK is being supported by the British Tyres Manufacturers Association (BTMA). This organization represents and promotes the valid interests of the tire manufacturing industry and assist in its development in the UK. BTMA’s extensive part and room of activities give it the authority to characterize the industry to customers, the media, government, the EU and other international organizations. As per the Tyre Federation, UK imports over 300 brands of tires from over 45 countries. The other major end-user segment of the synthetic rubber industry is the demand for disposable gloves in the UK. The demand for these gloves has risen in non-medical applications such as food & beverage cleanroom, industrial, as compared to medical applications.
UK synthetic rubber market is divided based on type and end-user. By type, the market is further segmented into Styrene Butadiene Rubber, Polybutadiene Rubber, Ethylene Propylene Rubber, Isoprene Rubber, and others. Styrene-Butadiene rubber is expected to hold the largest market share in the near future. By end-user, the market is further segmented into automobile components, industrial application, footwear, household, and others. Other segments include applications such as electronics, aerospace and so on. By end-user, automobile components will have the largest market share in the country.
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UK Synthetic Rubber Market Segmentation
By Type
- Styrene-Butadiene Rubber (SBR)
- Polybutadiene Rubber (BR)
- Ethylene Propylene Rubber (EPDM)
- Isoprene Rubber (IR)
- Others (Nitrile Butadiene Rubber (NBR), Butyl Rubber (IIR), Chloroprene Rubber (CR))
By End-User
- Automobile Component
- Industrial Application
- Footwear
- Household
- Others (Electronics, Aerospace)
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Company Profiles
- ARLANXEO Holding B.V.
- Asahi Kasei Corp.
- Bridgestone Corp.
- Exxon Mobil Corp.
- Kuraray Co., Ltd.
- LG Chem, Ltd.
- Lion Elastomers, LLC
- SABIC
- The Dow Chemical Co.
- The Goodyear Tire & Rubber Co.
- The Michelin Group
- Tosoh Corp.
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