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The synthetic rubber market is forecasted to grow by USD 12,757.69 mn during 2022-2027, accelerating at a CAGR of 5.67% during the forecast period. The report on the synthetic rubber market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for tires from rising sales of electric vehicles, increasing demand for synthetic rubber from end-user industries, and advancements in technology and innovations in synthetic rubber production.
The synthetic rubber market is segmented as below:
By Type
- Solid
- Liquid
By Application
- Tire
- Automotive components
- Footwear
- Industrial goods
- Others
By Geography
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the synthetic rubber market covers the following areas:
- Synthetic rubber market sizing
- Synthetic rubber market forecast
- Synthetic rubber market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global synthetic rubber market: Asahi Kasei Corp., Bridgestone Corp., China Petrochemical Corp., Dow Chemical Co., Eni SpA, Exxon Mobil Corp., JSR Corp., Lanxess AG, LG Electronics Inc., Michelin Group, Saudi Arabian Oil Co., Saudi Basic Industries Corp., Southland Holdings Inc., Sri Trang Agro Industry Plc, Sumitomo Chemical Co. Ltd., Synthos SA, Ube Corp., Von Bundit Co. Ltd., Kumho Tire Co. Inc., and Reliance Industries Ltd.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is growing demand for high-performance and eco-friendly tires.'
According to the report, one of the major drivers for this market is the increasing demand for tires from rising sales of electric vehicles.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Asahi Kasei Corp.
- Bridgestone Corp.
- China Petrochemical Corp.
- Dow Chemical Co.
- Eni SpA
- Exxon Mobil Corp.
- JSR Corp.
- Lanxess AG
- LG Electronics Inc.
- Michelin Group
- Saudi Arabian Oil Co.
- Saudi Basic Industries Corp.
- Southland Holdings Inc.
- Sri Trang Agro Industry Plc
- Sumitomo Chemical Co. Ltd.
- Synthos SA
- Ube Corp.
- Von Bundit Co. Ltd.
- Kumho Tire Co. Inc.
- Reliance Industries Ltd.