Synthetic Rubber Market Research Report- by Type (Styrene-Butadiene, Nitrile, and Butadiene Rubber, Ethylene Propylene Diene Monomers, Styrenic Block Copolymer), End Use (Construction, Automotive & Transportation) and Region- Forecast till 2023

Synthetic Rubber is a kind of elastic polymer mainly derived from petroleum byproducts. Synthetic Rubber possess various properties such as elasticity, oil resistant, durability, and excellent water repellant property which make them suitable for various end use industries such as construction, footwear, automotive & transportation, industrial, and others. Moreover, it is used for making polymer concrete for waterproofing, tires, hoses, conveyor belt covers, gaskets, tubes, and others.

Competitive Dashboard:

Some of the prominent players operating in the Synthetic Rubber Market are LANXESS (Germany), The Dow Chemical Company (U.S.), Versalis S.p.A. (Italy), Kumho Petrochemical (South Korea), JSR Corporation (Japan), LGChem (SouthKorea), Exxonmobil (U.S.), Asahi Kasei Corporation (Japan), Sumitomo Chemical Co., Ltd. (Japan), ZEON Corporation (Japan) among others.

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Market Segment:

The Global Synthetic Rubber Market is segmented on the basis of type, end use industry, and region. On the basis of type, the market is classified into SBR, NBR, BR, EPDM, SBC, others. Other type include IR, IIR, and CR. On the basis of end use, the market is categorized into construction, automotive & transportation, industrial, footwear, and others. On the basis of region, the market is segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

Market Regional Insights:

Asia Pacific is expected to be the largest market for Synthetic Rubber followed by Europe and North America on account of increasing demand from numerous end use industries such as building & construction and automobile & transportation among others. Emerging countries of Asia Pacific such as China, India, Thailand, Japan, and South Korea are the fastest growing market for synthetic rubber, and is predicted to grow with the same pace in the near future. In Asia Pacific, some of the driving factors for market growth are strong economic growth rate, competitive manufacturing costs, and availability of inexpensive raw material. Europe Synthetic Rubber Market is estimated to witness a steady growth due to continuous growth of footwear industry. North America is expected to witness a substantial growth during the assessment period on account of rising demand for Synthetic Rubber in construction industry. The Middle East & African countries is estimated to witness strong market growth due to increasing building & construction activities. In Latin America market growth is majorly due to expansion of automotive sector.

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Intended Audience

Synthetic Rubber Manufacturers
Traders and Distributors of Synthetic Rubber
Production Process Industries
Potential Investors
Raw Material Suppliers
Nationalized Laboratory
About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: [email protected]

Synthetic Rubber Market Research Report- by Type (Styrene-Butadiene, Nitrile, and Butadiene Rubber, Ethylene Propylene Diene Monomers, Styrenic Block Copolymer), End Use (Construction, Automotive & Transportation) and Region- Forecast till 2023

Synthetic Rubber is a kind of elastic polymer mainly derived from petroleum byproducts. Synthetic Rubber possess various properties such as elasticity, oil resistant, durability, and excellent water repellant property which make them suitable for various end use industries such as construction, footwear, automotive & transportation, industrial, and others. Moreover, it is used for making polymer concrete for waterproofing, tires, hoses, conveyor belt covers, gaskets, tubes, and others.

Competitive Dashboard:

Some of the prominent players operating in the Synthetic Rubber Market are LANXESS (Germany), The Dow Chemical Company (U.S.), Versalis S.p.A. (Italy), Kumho Petrochemical (South Korea), JSR Corporation (Japan), LGChem (SouthKorea), Exxonmobil (U.S.), Asahi Kasei Corporation (Japan), Sumitomo Chemical Co., Ltd. (Japan), ZEON Corporation (Japan) among others.

Request a sample copy @ https://www.marketresearchfuture.com/sample_request/4952

Market Segment:

The Global Synthetic Rubber Market is segmented on the basis of type, end use industry, and region. On the basis of type, the market is classified into SBR, NBR, BR, EPDM, SBC, others. Other type include IR, IIR, and CR. On the basis of end use, the market is categorized into construction, automotive & transportation, industrial, footwear, and others. On the basis of region, the market is segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

Market Regional Insights:

Asia Pacific is expected to be the largest market for Synthetic Rubber followed by Europe and North America on account of increasing demand from numerous end use industries such as building & construction and automobile & transportation among others. Emerging countries of Asia Pacific such as China, India, Thailand, Japan, and South Korea are the fastest growing market for synthetic rubber, and is predicted to grow with the same pace in the near future. In Asia Pacific, some of the driving factors for market growth are strong economic growth rate, competitive manufacturing costs, and availability of inexpensive raw material. Europe Synthetic Rubber Market is estimated to witness a steady growth due to continuous growth of footwear industry. North America is expected to witness a substantial growth during the assessment period on account of rising demand for Synthetic Rubber in construction industry. The Middle East & African countries is estimated to witness strong market growth due to increasing building & construction activities. In Latin America market growth is majorly due to expansion of automotive sector.

Browse full detailed report @ https://www.marketresearchfuture.com/reports/synthetic-rubber-market-4952

Intended Audience

Synthetic Rubber Manufacturers
Traders and Distributors of Synthetic Rubber
Production Process Industries
Potential Investors
Raw Material Suppliers
Nationalized Laboratory
About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: [email protected]