Global Synthetic Rubber Market Growth 2024-2030

Publication ID:

LPI01243372

Publication Date:

January 4, 2024

Pages:

142

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturing (Chemicals) [2]

Chemicals [3]

Description:

The global Synthetic Rubber market size was valued at US$ 32400 million in 2023. With growing demand in downstream market, the Synthetic Rubber is forecast to a readjusted size of US$ 37940 million by 2030 with a CAGR of 2.3% during review period.
The research report highlights the growth potential of the global Synthetic Rubber market. Synthetic Rubber are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Synthetic Rubber. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Synthetic Rubber market.
The Synthetic Rubber market covers Styrene Butadiene Rubber (SBR), Polybutadiene Rubber (BR), Styrenic Block Copolymer (SBC), Ethylene Propylene Diene Monomer (EPDM), Butyl Rubber (IIR), Nitrile Butadiene Rubber (NBR), etc. The typical players include Arlanxeo, Sinopec, Goodyear, Kumho Petrochemical, TSRC, NKNK, JSR, LG Chem, etc.
Synthetic Rubber market is relatively concentrated with the top 10 players takes nearly 50% of the share. The global key Synthetic Rubber manufacturers include Arlanxeo, Sinopec, Kumho Petrochemical, CNPC, TSRC, ExxonMobil, Goodyear, NKNK, etc.
Geographically, Synthetic Rubber is mainly produced in North America, Europe, and Asia Pacific. Asia Pacific is the fastest-growing region, especially China, which plays a more important role in the world. Asia Pacific takes over 55% of the global market share.
In terms of product type, the Synthetic Rubber market covers Styrene Butadiene Rubber (SBR), Polybutadiene Rubber (BR), Styrenic Block Copolymer (SBC), Ethylene Propylene Diene Monomer (EPDM), Butyl Rubber (IIR), Nitrile Butadiene Rubber (NBR), etc. Styrene Butadiene Rubber and Polybutadiene Rubber are the two major types of synthetic rubber consumed.
Synthetic rubber market applications can be split into automotive, industrial, construction, etc. Automotive is the largest market for synthetic rubber which takes over 60% market share.
Key Features:
The report on Synthetic Rubber market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Synthetic Rubber market. It may include historical data, market segmentation by Type (e.g., Styrene Butadiene Rubber (SBR), Polybutadiene Rubber (BR)), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Synthetic Rubber market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Synthetic Rubber market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Synthetic Rubber industry. This include advancements in Synthetic Rubber technology, Synthetic Rubber new entrants, Synthetic Rubber new investment, and other innovations that are shaping the future of Synthetic Rubber.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Synthetic Rubber market. It includes factors influencing customer ' purchasing decisions, preferences for Synthetic Rubber product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Synthetic Rubber market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Synthetic Rubber market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Synthetic Rubber market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Synthetic Rubber industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Synthetic Rubber market.
Market Segmentation:
Synthetic Rubber market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation 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)
Others
Segmentation by application
Automotive
Construction
Industrial
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Arlanxeo
Sinopec
Kumho Petrochemical
CNPC
TSRC
ExxonMobil
Goodyear
NKNK
JSR
Sibur
LG Chem
Versalis
LCY
Kraton
Zeon
Key Questions Addressed in this Report
What is the 10-year outlook for the global Synthetic Rubber market?
What factors are driving Synthetic Rubber market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Synthetic Rubber market opportunities vary by end market size?
How does Synthetic Rubber break out type, application?

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Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Synthetic Rubber Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Synthetic Rubber by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Synthetic Rubber by Country/Region, 2019, 2023 & 2030
2.2 Synthetic Rubber Segment by Type
2.2.1 Styrene Butadiene Rubber (SBR)
2.2.2 Polybutadiene Rubber (BR)
2.2.3 Styrenic Block Copolymer (SBC)
2.2.4 Ethylene Propylene Diene Monomer (EPDM)
2.2.5 Butyl Rubber (IIR)
2.2.6 Nitrile Butadiene Rubber (NBR)
2.2.7 Others
2.3 Synthetic Rubber Sales by Type
2.3.1 Global Synthetic Rubber Sales Market Share by Type (2019-2024)
2.3.2 Global Synthetic Rubber Revenue and Market Share by Type (2019-2024)
2.3.3 Global Synthetic Rubber Sale Price by Type (2019-2024)
2.4 Synthetic Rubber Segment by Application
2.4.1 Automotive
2.4.2 Construction
2.4.3 Industrial
2.4.4 Others
2.5 Synthetic Rubber Sales by Application
2.5.1 Global Synthetic Rubber Sale Market Share by Application (2019-2024)
2.5.2 Global Synthetic Rubber Revenue and Market Share by Application (2019-2024)
2.5.3 Global Synthetic Rubber Sale Price by Application (2019-2024)
3 Global Synthetic Rubber by Company
3.1 Global Synthetic Rubber Breakdown Data by Company
3.1.1 Global Synthetic Rubber Annual Sales by Company (2019-2024)
3.1.2 Global Synthetic Rubber Sales Market Share by Company (2019-2024)
3.2 Global Synthetic Rubber Annual Revenue by Company (2019-2024)
3.2.1 Global Synthetic Rubber Revenue by Company (2019-2024)
3.2.2 Global Synthetic Rubber Revenue Market Share by Company (2019-2024)
3.3 Global Synthetic Rubber Sale Price by Company
3.4 Key Manufacturers Synthetic Rubber Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Synthetic Rubber Product Location Distribution
3.4.2 Players Synthetic Rubber Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Synthetic Rubber by Geographic Region
4.1 World Historic Synthetic Rubber Market Size by Geographic Region (2019-2024)
4.1.1 Global Synthetic Rubber Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Synthetic Rubber Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Synthetic Rubber Market Size by Country/Region (2019-2024)
4.2.1 Global Synthetic Rubber Annual Sales by Country/Region (2019-2024)
4.2.2 Global Synthetic Rubber Annual Revenue by Country/Region (2019-2024)
4.3 Americas Synthetic Rubber Sales Growth
4.4 APAC Synthetic Rubber Sales Growth
4.5 Europe Synthetic Rubber Sales Growth
4.6 Middle East & Africa Synthetic Rubber Sales Growth
5 Americas
5.1 Americas Synthetic Rubber Sales by Country
5.1.1 Americas Synthetic Rubber Sales by Country (2019-2024)
5.1.2 Americas Synthetic Rubber Revenue by Country (2019-2024)
5.2 Americas Synthetic Rubber Sales by Type
5.3 Americas Synthetic Rubber Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Synthetic Rubber Sales by Region
6.1.1 APAC Synthetic Rubber Sales by Region (2019-2024)
6.1.2 APAC Synthetic Rubber Revenue by Region (2019-2024)
6.2 APAC Synthetic Rubber Sales by Type
6.3 APAC Synthetic Rubber Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Synthetic Rubber by Country
7.1.1 Europe Synthetic Rubber Sales by Country (2019-2024)
7.1.2 Europe Synthetic Rubber Revenue by Country (2019-2024)
7.2 Europe Synthetic Rubber Sales by Type
7.3 Europe Synthetic Rubber Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Synthetic Rubber by Country
8.1.1 Middle East & Africa Synthetic Rubber Sales by Country (2019-2024)
8.1.2 Middle East & Africa Synthetic Rubber Revenue by Country (2019-2024)
8.2 Middle East & Africa Synthetic Rubber Sales by Type
8.3 Middle East & Africa Synthetic Rubber Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Synthetic Rubber
10.3 Manufacturing Process Analysis of Synthetic Rubber
10.4 Industry Chain Structure of Synthetic Rubber
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Synthetic Rubber Distributors
11.3 Synthetic Rubber Customer
12 World Forecast Review for Synthetic Rubber by Geographic Region
12.1 Global Synthetic Rubber Market Size Forecast by Region
12.1.1 Global Synthetic Rubber Forecast by Region (2025-2030)
12.1.2 Global Synthetic Rubber Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Synthetic Rubber Forecast by Type
12.7 Global Synthetic Rubber Forecast by Application
13 Key Players Analysis
13.1 Arlanxeo
13.1.1 Arlanxeo Company Information
13.1.2 Arlanxeo Synthetic Rubber Product Portfolios and Specifications
13.1.3 Arlanxeo Synthetic Rubber Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Arlanxeo Main Business Overview
13.1.5 Arlanxeo Latest Developments
13.2 Sinopec
13.2.1 Sinopec Company Information
13.2.2 Sinopec Synthetic Rubber Product Portfolios and Specifications
13.2.3 Sinopec Synthetic Rubber Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Sinopec Main Business Overview
13.2.5 Sinopec Latest Developments
13.3 Kumho Petrochemical
13.3.1 Kumho Petrochemical Company Information
13.3.2 Kumho Petrochemical Synthetic Rubber Product Portfolios and Specifications
13.3.3 Kumho Petrochemical Synthetic Rubber Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Kumho Petrochemical Main Business Overview
13.3.5 Kumho Petrochemical Latest Developments
13.4 CNPC
13.4.1 CNPC Company Information
13.4.2 CNPC Synthetic Rubber Product Portfolios and Specifications
13.4.3 CNPC Synthetic Rubber Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 CNPC Main Business Overview
13.4.5 CNPC Latest Developments
13.5 TSRC
13.5.1 TSRC Company Information
13.5.2 TSRC Synthetic Rubber Product Portfolios and Specifications
13.5.3 TSRC Synthetic Rubber Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 TSRC Main Business Overview
13.5.5 TSRC Latest Developments
13.6 ExxonMobil
13.6.1 ExxonMobil Company Information
13.6.2 ExxonMobil Synthetic Rubber Product Portfolios and Specifications
13.6.3 ExxonMobil Synthetic Rubber Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 ExxonMobil Main Business Overview
13.6.5 ExxonMobil Latest Developments
13.7 Goodyear
13.7.1 Goodyear Company Information
13.7.2 Goodyear Synthetic Rubber Product Portfolios and Specifications
13.7.3 Goodyear Synthetic Rubber Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Goodyear Main Business Overview
13.7.5 Goodyear Latest Developments
13.8 NKNK
13.8.1 NKNK Company Information
13.8.2 NKNK Synthetic Rubber Product Portfolios and Specifications
13.8.3 NKNK Synthetic Rubber Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 NKNK Main Business Overview
13.8.5 NKNK Latest Developments
13.9 JSR
13.9.1 JSR Company Information
13.9.2 JSR Synthetic Rubber Product Portfolios and Specifications
13.9.3 JSR Synthetic Rubber Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 JSR Main Business Overview
13.9.5 JSR Latest Developments
13.10 Sibur
13.10.1 Sibur Company Information
13.10.2 Sibur Synthetic Rubber Product Portfolios and Specifications
13.10.3 Sibur Synthetic Rubber Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Sibur Main Business Overview
13.10.5 Sibur Latest Developments
13.11 LG Chem
13.11.1 LG Chem Company Information
13.11.2 LG Chem Synthetic Rubber Product Portfolios and Specifications
13.11.3 LG Chem Synthetic Rubber Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 LG Chem Main Business Overview
13.11.5 LG Chem Latest Developments
13.12 Versalis
13.12.1 Versalis Company Information
13.12.2 Versalis Synthetic Rubber Product Portfolios and Specifications
13.12.3 Versalis Synthetic Rubber Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Versalis Main Business Overview
13.12.5 Versalis Latest Developments
13.13 LCY
13.13.1 LCY Company Information
13.13.2 LCY Synthetic Rubber Product Portfolios and Specifications
13.13.3 LCY Synthetic Rubber Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 LCY Main Business Overview
13.13.5 LCY Latest Developments
13.14 Kraton
13.14.1 Kraton Company Information
13.14.2 Kraton Synthetic Rubber Product Portfolios and Specifications
13.14.3 Kraton Synthetic Rubber Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 Kraton Main Business Overview
13.14.5 Kraton Latest Developments
13.15 Zeon
13.15.1 Zeon Company Information
13.15.2 Zeon Synthetic Rubber Product Portfolios and Specifications
13.15.3 Zeon Synthetic Rubber Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 Zeon Main Business Overview
13.15.5 Zeon Latest Developments
14 Research Findings and Conclusion

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