Industrial Rubber - Company Evaluation Report, 2025

The Industrial Rubber Companies Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for Industrial Rubber. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. The 360 Quadrants evaluated over 190 companies, of which the Top 23 Industrial Rubber Companies were categorized and recognized as quadrant leaders.

Industrial rubber includes both natural and synthetic elastomers that are capable of undergoing elastic deformation under stress and returning to their original shape once the stress is released. Known for its durability, flexibility, and resistance to heat, chemicals, and abrasion, industrial rubber is vital in various sectors. In the automotive industry, it is used in components like seals, gaskets, and vibration dampers.

Beyond automotive applications, industrial rubber is integral to industries such as construction, manufacturing, polymer modification, wires & cables, electronics, coatings, adhesives, and healthcare. Its versatility and superior performance make it indispensable across multiple industrial sectors. The report divides the market by type, product, application, and region. The regions examined in the report include Asia Pacific, Europe, North America, the Middle East & Africa, and South America.

The 360 Quadrant maps the Industrial Rubber companies based on criteria such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of the Industrial Rubber quadrant. The top criteria for product footprint evaluation included By End-Use Product Processing (Molding, Extrusion, Calendering), By Type (Natural Rubber, Synthetic Rubber), By Product (Mechanical Rubber Goods, Rubber Hoses, Rubber Belts, Rubber Roofing, Other Products), By Application (Automotive, Building & Construction, Industrial Manufacturing, Polymer Modification, Wire & Cable, Electrical & Electronics, Bitumen Modification, Coating, Sealant, & Adhesive, Medical & Healthcare, Other Applications).

Key Players

Key players in the Industrial Rubber market include major global corporations and specialized innovators such as Exxon Mobil Corporation (US), Dynasol Group (Spain), Synthos (Poland), ARLANXEO (Netherlands), China Petrochemical Technology Development Co., Ltd. (China), Versalis S.p.A. (Italy), PetroChina Company Limited (China), TSRC (Taiwan), ENEOS Materials Corporation (Japan), and SIBUR International GmbH (Russia), Asahi Kasei Corporation (Japan), The Goodyear Tire & Rubber Company (US), LG Chem (South Korea), DL Chemical (South Korea), and Reliance Sibur Elastomers Private Limited (India), KURARAY CO., LTD. (Japan), Sinochem International Corporation (China), THAI RUBBER LATEX GROUP PUBLIC COMPANY LIMITED (Thailand), Kumho Petrochemical (South Korea), and Zeon Corporation (Japan), LCY (Taiwan), SK geo centric Co., Ltd. (South Korea), and BRP Manufacturing (US). These companies are actively investing in research and development, forming strategic partnerships, and engaging in collaborative initiatives to drive innovation, expand their global footprint, and maintain a competitive edge in this rapidly evolving market.

Top 3 Companies

TSRC

TSRC, originally known as Taiwan Synthetic Rubber Corp., was established to bolster the development of Taiwan’s petrochemical industry. Initially the country’s only producer of synthetic rubber, it has since evolved into a global leader in synthetic rubber and Styrene-Butadiene Copolymer (SBC) production. The company operates in two main business segments: Synthetic Rubber and Non-synthetic Rubber. It offers its products across three key product lines: synthetic rubber/elastomers, applied materials, and other related products. They produce 805,000 tons of various rubber types annually, including SBR, BR, NBR, TPE, and rubber compounds.

Synthos

Synthos is a chemical company that produces and supplies a wide array of products, including synthetic rubber, styrenics, crop protection solutions, and dispersions and latexes. These products serve a variety of industries, including automotive, construction, packaging, printing, paints and coatings, furniture, wood, paper, mattresses, carpets, agriculture, and energy. They operate several production facilities across Europe, with plants in Poland, the Czech Republic, the Netherlands, Germany, and France, boasting a combined annual production capacity of 760,000 metric tons. The company's facilities manufacture a broad range of high-quality elastomers, which are widely used in the tire industry and other technical applications.

SIBUR International GmbH

SIBUR is an integrated petrochemical company headquartered in Russia, serving a wide range of industries including automotive, construction, consumer goods, healthcare, food, energy, and chemicals. Approximately 42% of the company's sales come from exports to around 80 countries. SIBUR operates through four key business segments: Hydrocarbon Feedstock, Synthetic Rubber, Plastic and Organic Synthesis, and Basic Polymers and BOPP Films. Within the Synthetic Rubber segment, the company offers a variety of rubber products. In 2023, SIBUR generated revenue of USD 12.88 billion. The company has established a strong presence in Europe, North America, and the Asia Pacific regions.

1 Introduction

1.1 Market Definition
1.2 Inclusions and Exclusions of Study
1.3 Stakeholders

2 Executive Summary

3 Market Overview

3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.1.1 Rising Demand from Automotive Industry
3.2.1.2 Growth in Construction and Infrastructure Development Activities
3.2.2 Restraints
3.2.2.1 Environmental Regulations and Health Hazards Associated with Industrial Rubber
3.2.2.2 Availability of Substitutes Like Thermoplastic Elastomers
3.2.3 Opportunities
3.2.3.1 Growing Demand for Eco-Friendly Rubber
3.2.4 Challenges
3.2.4.1 Raw Material Price Volatility

4 Industry Trends

4.1 Value Chain Analysis
4.2 Ecosystem Analysis
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Threat of Substitutes
4.3.3 Bargaining Power of Suppliers
4.3.4 Bargaining Power of Buyers
4.3.5 Intensity of Competitive Rivalry
4.4 Key Conferences and Events
4.5 Patent Analysis
4.5.1 Methodology
4.6 Technology Analysis
4.6.1 Key Technologies
4.6.1.1 Ziegler-Natta Catalyst
4.6.1.2 Metallocene Catalysts
4.6.1.3 Ace
4.6.1.4 Advanced Molecular Catalyst
4.6.2 Complementary Technologies
4.6.2.1 Bio-Based Epdm
4.6.2.2 Nanotechnology
4.7 Trends/Disruptions Impacting Customer Business
4.8 Impact of Generative Ai/Ai on Industrial Rubber Market
4.8.1 Introduction
4.8.1.1 Manufacturing Processes
4.8.1.2 Supply Chain Optimization
4.8.1.3 Research and Development

5 Competitive Landscape

5.1 Introduction
5.2 Key Player Strategies/Right to Win
5.2.1 Overview of Strategies Adopted by Key Market Players, January 2020-May 2025
5.3 Revenue Analysis
5.4 Market Share Analysis
5.5 Brand/Product Comparison
5.6 Company Evaluation Matrix: Key Players, 2024
5.6.1 Stars
5.6.2 Emerging Leaders
5.6.3 Pervasive Players
5.6.4 Participants
5.6.5 Company Footprint: Key Players, 2024
5.6.5.1 Company Footprint
5.6.5.2 Region Footprint
5.6.5.3 Type Footprint
5.6.5.4 Application Footprint
5.6.5.5 Product Footprint
5.7 Company Evaluation Matrix: Startups/Smes, 2024
5.7.1 Progressive Companies
5.7.2 Responsive Companies
5.7.3 Dynamic Companies
5.7.4 Starting Blocks
5.7.5 Competitive Benchmarking: Startups/Smes, 2024
5.7.5.1 Detailed List of Key Startups/Smes
5.7.5.2 Detailed List of Key Startups/Smes
5.8 Company Valuation and Financial Metrics
5.9 Competitive Scenario and Trends
5.9.1 Product Launches
5.9.2 Deals
5.9.3 Expansions

6 Company Profiles

6.1 Key Players
6.1.1 Tsrc
6.1.1.1 Business Overview
6.1.1.2 Products Offered
6.1.1.3 Recent Developments
6.1.1.3.1 Deals
6.1.1.4 Analyst's View
6.1.1.4.1 Key Strengths
6.1.1.4.2 Strategic Choices
6.1.1.4.3 Weaknesses and Competitive Threats
6.1.2 Dynasol Group
6.1.2.1 Business Overview
6.1.2.2 Products Offered
6.1.2.3 Analyst's View
6.1.2.3.1 Key Strengths
6.1.2.3.2 Strategic Choices
6.1.2.3.3 Weaknesses and Competitive Threats
6.1.3 Synthos
6.1.3.1 Business Overview
6.1.3.2 Products Offered
6.1.3.3 Recent Developments
6.1.3.3.1 Deals
6.1.3.4 Analyst's View
6.1.3.4.1 Key Strengths
6.1.3.4.2 Strategic Choices
6.1.3.4.3 Weaknesses and Competitive Threats
6.1.4 Arlanxeo
6.1.4.1 Business Overview
6.1.4.2 Products Offered
6.1.4.3 Recent Developments
6.1.4.3.1 Expansions
6.1.4.4 Analyst's View
6.1.4.4.1 Key Strengths
6.1.4.4.2 Strategic Choices
6.1.4.4.3 Weaknesses and Competitive Threats
6.1.5 Sibur International GmbH
6.1.5.1 Business Overview
6.1.5.2 Products Offered
6.1.5.3 Analyst's View
6.1.5.3.1 Key Strengths
6.1.5.3.2 Strategic Choices
6.1.5.3.3 Weaknesses and Competitive Threats
6.1.6 Exxon Mobil Corporation
6.1.6.1 Business Overview
6.1.6.2 Products Offered
6.1.6.3 Recent Developments
6.1.6.3.1 Product Launches
6.1.7 Eneos Materials Corporation
6.1.7.1 Business Overview
6.1.7.2 Products Offered
6.1.8 Kumho Petrochemical
6.1.8.1 Business Overview
6.1.8.2 Products Offered
6.1.8.3 Recent Developments
6.1.8.3.1 Deals
6.1.9 Lg Chem
6.1.9.1 Business Overview
6.1.9.2 Products Offered
6.1.10 Zeon Corporation
6.1.10.1 Business Overview
6.1.10.2 Products Offered
6.1.11 Reliance Sibur Elastomers Private Limited
6.1.11.1 Business Overview
6.1.11.2 Products Offered
6.1.12 Dl Chemical Co., Ltd.
6.1.12.1 Business Overview
6.1.12.2 Products Offered
6.1.12.3 Recent Developments
6.1.12.3.1 Expansions
6.1.13 Versalis S.P.A.
6.1.13.1 Business Overview
6.1.13.2 Products Offered
6.1.14 Petrochina Company Limited
6.1.14.1 Business Overview
6.1.14.2 Products Offered
6.1.15 Lcy
6.1.15.1 Business Overview
6.1.15.2 Products Offered
6.1.16 Asahi Kasei Corporation
6.1.16.1 Business Overview
6.1.16.2 Products Offered
6.1.16.3 Recent Developments
6.1.16.3.1 Deals
6.1.17 Sk Geocentric Co., Ltd.
6.1.17.1 Business Overview
6.1.17.2 Products Offered
6.1.18 Brp Manufacturing
6.1.18.1 Business Overview
6.1.18.2 Products Offered
6.1.19 China Petrochemical Technology Development Co., Ltd.
6.1.19.1 Business Overview
6.1.19.2 Products Offered
6.1.20 The Goodyear Tire & Rubber Company
6.1.20.1 Business Overview
6.1.20.2 Products Offered
6.1.21 Kuraray Co., Ltd.
6.1.21.1 Business Overview
6.1.21.2 Products Offered
6.1.22 Sinochem International Corporation
6.1.22.1 Business Overview
6.1.22.2 Products Offered
6.1.23 Thai Rubber Latex Group Public Company Limited
6.1.23.1 Business Overview
6.1.23.2 Products Offered
6.2 Other Players
6.2.1 Ube Elastomer Co. Ltd.
6.2.2 Lion Elastomers
6.2.3 Indian Synthetic Rubber Private Limited
6.2.4 Rishiroop Polymers Pvt. Ltd.
6.2.5 Timco Rubber

7 Appendix

7.1 Research Methodology
7.1.1 Research Data
7.1.1.1 Secondary Data
7.1.1.2 Primary Data
7.1.2 Research Assumptions
7.1.3 Research Limitations
7.1.4 Risk Assessment
7.2 Company Evaluation Matrix: Methodology

List of Tables

Table 1 Industrial Rubber Market Snapshot: 2025 Vs. 2030
Table 2 Role of Companies in Industrial Rubber Ecosystem
Table 3 Industrial Rubber Market: Porter's Five Forces Analysis
Table 4 Industrial Rubber Market: List of Key Conferences and Events, 2025-2026
Table 5 Industrial Rubber Market: List of Major Patents, 2014-2024
Table 6 Industrial Rubber Market: Degree of Competition
Table 7 Industrial Rubber Market: Region Footprint
Table 8 Industrial Rubber Market: Type Footprint
Table 9 Industrial Rubber Market: Application Footprint
Table 10 Industrial Rubber Market: Product Footprint
Table 11 Industrial Rubber Market: Detailed List of Key Startups/Smes
Table 12 Industrial Rubber Market: Competitive Benchmarking of Key Startups/Smes
Table 13 Industrial Rubber Market: Product Launches, January 2020-May 2025
Table 14 Industrial Rubber Market: Deals, January 2020-May 2025
Table 15 Industrial Rubber Market: Expansions, January 2020-May 2025
Table 16 Tsrc: Company Overview
Table 17 Tsrc: Products Offered
Table 18 Tsrc: Deals
Table 19 Dynasol Group: Company Overview
Table 20 Dynasol Group: Products Offered
Table 21 Synthos: Company Overview
Table 22 Synthos: Products Offered
Table 23 Synthos: Deals
Table 24 Arlanxeo: Company Overview
Table 25 Arlanxeo: Products Offered
Table 26 Arlanxeo: Expansions
Table 27 Sibur International GmbH: Company Overview
Table 28 Sibur International GmbH: Products Offered
Table 29 Exxon Mobil Corporation: Company Overview
Table 30 Exxon Mobil Corporation: Products Offered
Table 31 Exxon Mobil Corporation: Product Launches
Table 32 Eneos Materials Corporation: Company Overview
Table 33 Eneos Materials Corporation: Products Offered
Table 34 Kumho Petrochemical: Company Overview
Table 35 Kumho Petrochemical: Products Offered
Table 36 Kumho Petrochemical: Deals
Table 37 Lg Chem: Company Overview
Table 38 Lg Chem: Products Offered
Table 39 Zeon Corporation: Company Overview
Table 40 Zeon Corporation: Products Offered
Table 41 Reliance Sibur Elastomers Private Limited: Company Overview
Table 42 Reliance Sibur Elastomers Private Limited: Products Offered
Table 43 Dl Chemical Co., Ltd.: Company Overview
Table 44 Dl Chemical Co., Ltd.: Products Offered
Table 45 Dl Chemical Co., Ltd.: Expansions
Table 46 Versalis S.P.A.: Company Overview
Table 47 Versalis S.P.A.: Products Offered
Table 48 Petrochina Company Limited: Company Overview
Table 49 Petrochina Company Limited: Products Offered
Table 50 Lcy: Company Overview
Table 51 Lcy: Products Offered
Table 52 Asahi Kasei Corporation: Company Overview
Table 53 Asahi Kasei Corporation: Products Offered
Table 54 Asahi Kasei Corporation: Deals
Table 55 Sk Geocentric Co., Ltd.: Company Overview
Table 56 Sk Geo Centric Co., Ltd.: Products Offered
Table 57 Brp Manufacturing: Company Overview
Table 58 Brp Manufacturing: Products Offered
Table 59 China Petrochemical Technology Development Co., Ltd.: Company Overview
Table 60 China Petrochemical Technology Development Co., Ltd.: Products Offered
Table 61 The Goodyear Tire & Rubber Company: Company Overview
Table 62 The Goodyear Tire & Rubber Company: Products Offered
Table 63 Kuraray Co., Ltd.: Company Overview
Table 64 Kuraray Co., Ltd.: Products Offered
Table 65 Sinochem International Corporation: Company Overview
Table 66 Sinochem International Corporation: Products Offered
Table 67 Thai Rubber Latex Group Public Company Limited: Company Overview
Table 68 Thai Rubber Latex Group Public Company Limited: Products Offered
Table 69 Ube Elastomer Co. Ltd.: Company Overview
Table 70 Lion Elastomers: Company Overview
Table 71 Indian Synthetic Rubber Private Limited: Company Overview
Table 72 Rishiroop Polymers Pvt. Ltd.: Company Overview
Table 73 Timco Rubber: Company Overview

List of Figures

Figure 1 Automotive Segment to Hold Largest Market Share in 2030
Figure 2 Synthetic Rubber Segment to Hold Largest Market Share During Forecast Period
Figure 3 Asia-Pacific to Register Highest CAGR During Forecast Period
Figure 4 Industrial Rubber Market Dynamics
Figure 5 Cars Manufactured Globally, 2022 Vs. 2024
Figure 6 Industrial Rubber Market: Value Chain Analysis
Figure 7 Industrial Rubber Market: Ecosystem Analysis
Figure 8 Industrial Rubber Market: Porter's Five Forces Analysis
Figure 9 Major Patents Related to Industrial Rubber, 2014-2024
Figure 10 Trends/Disruptions Impacting Customer Business
Figure 11 Industrial Rubber Market: Revenue Analysis of Few Key Players, 2020-2024 (USD Billion)
Figure 12 Industrial Rubber Market Share Analysis, 2024
Figure 13 Industrial Rubber Market: Brand/Product Comparison
Figure 14 Industrial Rubber Market: Company Evaluation Matrix (Key Players), 2024
Figure 15 Industrial Rubber Market: Company Footprint
Figure 16 Industrial Rubber Market: Company Evaluation Matrix (Startups/Smes), 2024
Figure 17 Ev/Ebitda of Key Manufacturers
Figure 18 Enterprise Value of Key Manufacturers
Figure 19 Year-To-Date (Ytd) Price Total Return and Five-Year Stock Beta of Key Manufacturers
Figure 20 Tsrc: Company Snapshot
Figure 21 Exxon Mobil Corporation: Company Snapshot
Figure 22 Kumho Petrochemical: Company Snapshot
Figure 23 Lg Chem: Company Snapshot
Figure 24 Zeon Corporation: Company Snapshot
Figure 25 Versalis S.P.A.: Company Snapshot
Figure 26 Petrochina Company Limited: Company Snapshot
Figure 27 Asahi Kasei Corporation: Company Snapshot
Figure 28 The Goodyear Tire & Rubber Company: Company Snapshot
Figure 29 Kuraray Co., Ltd.: Company Snapshot
Figure 30 Sinochem International Corporation: Company Snapshot
Figure 31 Thai Rubber Latex Group Public Company Limited: Company Snapshot
Figure 32 Industrial Rubber Market: Research Design

Companies Mentioned

Tsrc
Dynasol Group
Synthos
Arlanxeo
Sibur International GmbH
Exxon Mobil Corporation
Eneos Materials Corporation
Kumho Petrochemical
Lg Chem
Zeon Corporation
Reliance Sibur Elastomers Private Limited
Dl Chemical Co., Ltd.
Versalis S.P.A.
Petrochina Company Limited
Lcy
Asahi Kasei Corporation
Sk Geocentric Co., Ltd.
Brp Manufacturing
China Petrochemical Technology Development Co., Ltd.
The Goodyear Tire & Rubber Company
Kuraray Co., Ltd.
Sinochem International Corporation
Thai Rubber Latex Group Public Company Limited
Ube Elastomer Co. Ltd.
Lion Elastomers
Indian Synthetic Rubber Private Limited
Rishiroop Polymers Pvt. Ltd.
Timco Rubber

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Key Players

Top 3 Companies

TSRC

Synthos

SIBUR International GmbH

Table of Contents

Companies Mentioned

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