Synthetic Rubber Market - Global Industry Analysis

Synthetic Rubber Market Material (Styrene Butadiene Rubber (SBR), Polybutadiene (BR), Ethylenepropylene (EPDM), Nitrile Butadiene Rubber (NBR), Acrylonitrile Butadiene Styrene (ABS), and Others), End-User Application (Tires, Industrial Goods, Footwear, Adhesives, And Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Published Date: 09-Oct-2020 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-302 Status : Published

According to the report published by Zion Market Research, global demand for Synthetic Rubber market was valued at approximately USD 32.45 Billion in 2019, and is expected to generate revenue of around USD 41.67 Billion by end of 2026, growing at a CAGR of around 4.25% between 2020 and 2026.

Description

According to the report published by Zion Market Research, global demand for Synthetic Rubber market was valued at approximately USD 32.45 Billion in 2019, and is expected to generate revenue of around USD 41.67 Billion by end of 2026, growing at a CAGR of around 4.25% between 2020 and 2026.

Global Synthetic Rubber Market: Overview

Synthetic rubber is produced by polymerization of monomers along with combination of intricate chemical compounds. As compared to natural rubber, synthetic rubber offers more superior resistances to heat, as they are versatile to be operated at low and high temperature, respective to flexibility. In addition, they provide better resistant to oil and grease compounds. There are some newly developed synthetic rubbers that are fire proof. Majority of the synthetic rubber is produced by using raw materials such as petroleum, crude oil, coal, and others.

Global Synthetic Rubber Market: Growth Factors

Rising demand of vehicles is anticipated to boost the growth of automobile industry resulting in extreme demand for synthetic rubber parts, which in turn helps in augmenting the growth of the synthetic rubber market. Huge demand of footwear around the world is also driving the synthetic rubber industry. However, cost-effective manufacturing along with reliability and quality output has forced manufacturers to meet the demand and to dominate the competitors in the market. Latest product developments, mergers, acquisitions, and joint ventures are some of the key strategies adopted by the global market players in order to boost the growth of synthetic rubber market. Declining rates of crude oil is also a major factor responsible for growth of the synthetic rubber industry. Synthetic rubber has wide application in industrial products, safety products such as boots, protective suits, and gloves along with diving suits, sleep sacks, which in turn augments the synthetic rubber market. On the other hand, strict rules issued by the government regarding environmental concerns may hinder the growth of the synthetic rubber market.

Global Synthetic Rubber Market: Segmentation

Synthetic rubber is classified under various segments based on the materials used as styrene butadiene rubber (SBR), polybutadiene (BR), ethylenepropylene (EPDM), nitrile BUTADIENE RUBBER (NBR), acrylonitrile butadiene styrene (ABS), and others. Of which, styrene butadiene rubber (SBR) type has the largest demand in the synthetic rubber market globally. Further, based on the end-user application, the global market is segmented as tires, industrial goods, footwear, adhesives, and others. Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Global Synthetic Rubber Market: Regional Analysis

Based on the region, the global Synthetic Rubber market can be divided into five main regions: Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa. Asia Pacific leads the synthetic rubber market globally mainly due to rising automotive industry and is also projected to maintain the position in the near future. North America is expected to grow at a steady pace owing to unstable economy. However, the Middle East is anticipated to witness a rapid growth in the market.

Global Synthetic Rubber Market: Competitive Players

Some main participants of the Synthetic Rubber market are Asahi Kasei Corporation, China National Petroleum Corporation (CNPC), TSRC Corporation, China Petroleum & Chemical Corporation, and Sinopec Corporation. Other key players influencing the global market are LANXESS AG, DuPont, ExxonMobil Corporation, The Dow Chemical Company, Sumitomo Chemical Co. Ltd., and Versalis S.p.A.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Synthetic Rubber Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1.Preface
    • 1.1.Report Description
    • 1.2.Report Scope
  • Chapter 2.Research Methodology
    • 2.1.Research Methodology
    • 2.2.Secondary Research
    • 2.3.Primary Research
    • 2.4.Models
      • 2.4.1.Company Share Analysis Model
      • 2.4.2.Revenue Based Modeling
    • 2.5.Research Limitations
  • Chapter 3.Executive Summary
    • 3.1.Global Synthetic Rubber Market, 2016 – 2026 (USD Billion)
    • 3.2.Global Synthetic Rubber Market: Snapshot
  • Chapter 4.Synthetic Rubber Market – Industry Analysis
    • 4.1.Introduction
    • 4.2.Market Drivers
      • 4.2.1.Driving Factor 1 Analysis
      • 4.2.2.Driving Factor 2 Analysis:
    • 4.3.Market Restraints
      • 4.3.1.Restraining Factor Analysis
    • 4.4.Market Opportunities
      • 4.4.1.Market Opportunity & Use-case Anaysis
      • 4.4.2.Use – Cases for Synthetic Rubber
    • 4.5.Porter’s Five Forces Analysis
    • 4.6.COVID 19 Impact Analysis
      • 4.6.1.1.Impact on Product Development and Technology Adoption
      • 4.6.1.2.Gap Analysis
  • Chapter 5.Investment Proposition Analysis
    • 5.1.Global Synthetic Rubber Market Attractiveness, By Type
    • 5.2.Global Synthetic Rubber Market Attractiveness, By End User Application
    • 5.3.Global Synthetic Rubber Market Attractiveness, By Region
  • Chapter 6.Competitive Landscape
    • 6.1.Company Market Share Analysis - 2019
      • 6.1.1.Global Synthetic Rubber Market: Company Market Share, 2019
    • 6.2.Strategic Developments
    • 7.1.Global Synthetic Rubber Market Overview: by Type
      • 7.1.1.Global Synthetic Rubber Market Revenue Share, by Type, 2019 & 2026
    • 7.2.Global Synthetic Rubber Market Analysis/Overview – By Type
      • 7.2.1.Styrene Butadiene Rubber (SBR) – Overview/Analysis
      • 7.2.2.Pulybutadiene (BR) – Overview/Analysis
      • 7.2.3.Ethylenepropylene (EPDM) – Overview/Analysis
      • 7.2.4.Nitrile Butadiene Rubber (NBR) – Overview/Analysis
      • 7.2.5.Acrylonitrile Butadiene Styrene (ABS) – Overview/Analysis
      • 7.2.6.Others – Overview/Analysis
    • 7.3.Styrene Butadiene Rubber (SBR)
      • 7.3.1.Global Synthetic Rubber Market for Styrene Butadiene Rubber (SBR), Revenue (USD Billion) 2016 - 2026
    • 7.4.Pulybutadiene (BR)
      • 7.4.1.Global Synthetic Rubber Market for Pulybutadiene (BR), Revenue (USD Billion) 2016 - 2026
    • 7.5.Ethylenepropylene (EPDM)
      • 7.5.1.Global Synthetic Rubber Market for Ethylenepropylene (EPDM), Revenue (USD Billion) 2016 - 2026
    • 7.6.Nitrile Butadiene Rubber (NBR)
      • 7.6.1.Global Synthetic Rubber Market for Nitrile Butadiene Rubber (NBR), Revenue (USD Billion) 2016 - 2026
    • 7.7.Acrylonitrile Butadiene Styrene (ABS)
      • 7.7.1.Global Synthetic Rubber Market for Acrylonitrile Butadiene Styrene (ABS), Revenue (USD Billion) 2016 - 2026
    • 7.8.Others
      • 7.8.1.Global Synthetic Rubber Market for Others, Revenue (USD Billion) 2016 - 2026
    • 8.1.Global Synthetic Rubber Market Overview: by End User Application
      • 8.1.1.Global Synthetic Rubber Market Revenue Share, by End User Application, 2019 & 2026
    • 8.2.Global Synthetic Rubber Market Analysis/Overview – By End User Application
      • 8.2.1.Tires – Overview/Analysis
      • 8.2.2.Industrial Goods – Overview/Analysis
      • 8.2.3.Footwear – Overview/Analysis
      • 8.2.4.Adhesives – Overview/Analysis
      • 8.2.5.Others – Overview/Analysis
    • 8.3.Tires
      • 8.3.1.Global Synthetic Rubber Market for Tires, Revenue (USD Billion) 2016 - 2026
    • 8.4.Industrial Goods
      • 8.4.1.Global Synthetic Rubber Market for Industrial Goods, Revenue (USD Billion) 2016 - 2026
    • 8.5.Footwear
      • 8.5.1.Global Synthetic Rubber Market for Footwear, Revenue (USD Billion) 2016 - 2026
    • 8.6.Adhesives
      • 8.6.1.Global Synthetic Rubber Market for Adhesives, Revenue (USD Billion) 2016 - 2026
    • 8.7.Others
      • 8.7.1.Global Synthetic Rubber Market for Others, Revenue (USD Billion) 2016 - 2026
  • Chapter 9.Synthetic Rubber Market – Regional Analysis
    • 9.1.Global Synthetic Rubber Market: Regional Overview
      • 9.1.1.Global Synthetic Rubber Market Revenue Share, by Region, 2019 & 2026
      • 9.1.2.Global Synthetic Rubber Market Revenue, by Region, 2016 – 2026 (USD Billion)
    • 9.2.North America
      • 9.2.1.North America Synthetic Rubber Market Revenue, 2016 - 2026 (USD Billion)
      • 9.2.2.North America Synthetic Rubber Market Revenue, by Country, 2016 – 2026 (USD Billion)
      • 9.2.3.North America Synthetic Rubber Market Revenue, by Type, 2016 – 2026
      • 9.2.4.North America Synthetic Rubber Market Revenue, by End User Application, 2016 – 2026
      • 9.2.5. U.S.
      • 9.2.6.Canada
    • 9.3.Europe
      • 9.3.1.Europe Synthetic Rubber Market Revenue, 2016 - 2026 (USD Billion)
      • 9.3.2.Europe Synthetic Rubber Market Revenue, by Country, 2016 – 2026 (USD Billion)
      • 9.3.3.Europe Synthetic Rubber Market Revenue, by Type, 2016 – 2026
      • 9.3.4.Europe Synthetic Rubber Market Revenue, by End User Application, 2016 – 2026
      • 9.3.5.Germany
      • 9.3.6.France
      • 9.3.7. U.K.
      • 9.3.8.Italy
      • 9.3.9.Spain
      • 9.3.10.Rest of Europe
    • 9.4.Asia Pacific
      • 9.4.1.Asia Pacific Synthetic Rubber Market Revenue, 2016 - 2026 (USD Billion)
      • 9.4.2.Asia Pacific Synthetic Rubber Market Revenue, by Country, 2016 – 2026 (USD Billion)
      • 9.4.3.Asia Pacific Synthetic Rubber Market Revenue, by Type, 2016 – 2026
      • 9.4.4.Asia Pacific Synthetic Rubber Market Revenue, by End User Application, 2016 – 2026
      • 9.4.5.China
      • 9.4.6.Japan
      • 9.4.7.India
      • 9.4.8.South Korea
      • 9.4.9.South-East Asia
      • 9.4.10.Rest of Asia Pacific
    • 9.5.Latin America
      • 9.5.1.Latin America Synthetic Rubber Market Revenue, 2016 - 2026 (USD Billion)
      • 9.5.2.Latin America Synthetic Rubber Market Revenue, by Country, 2016 – 2026 (USD Billion)
      • 9.5.3.Latin America Synthetic Rubber Market Revenue, by Type, 2016 – 2026
      • 9.5.4.Latin America Synthetic Rubber Market Revenue, by End User Application, 2016 – 2026
      • 9.5.5.Brazil
      • 9.5.6.Mexico
      • 9.5.7.Rest of Latin America
    • 9.6.The Middle-East and Africa
      • 9.6.1.The Middle-East and Africa Synthetic Rubber Market Revenue, 2016 - 2026 (USD Billion)
      • 9.6.2.The Middle-East and Africa Synthetic Rubber Market Revenue, by Country, 2016 – 2026 (USD Billion)
      • 9.6.3.The Middle-East and Africa Synthetic Rubber Market Revenue, by Type, 2016 – 2026
      • 9.6.4.The Middle-East and Africa Synthetic Rubber Market Revenue, by End User Application, 2016 – 2026
      • 9.6.5.GCC Countries
      • 9.6.6.South Africa
      • 9.6.7.Rest of Middle-East Africa
  • Chapter 10.Company Profiles
    • 10.1.Asahi Kasei Corporation
      • 10.1.1.Company Overview
      • 10.1.2.Financial Overview
      • 10.1.3.Product Portfolio
      • 10.1.4.Business Strategy
      • 10.1.5.Recent Developments
    • 10.2.China National Petruleum Corporation (CNPC)
    • 10.3.TSRC Corporation
    • 10.4.China Petruleum & Chemical Corporation
    • 10.5.Sinopec Corporation
    • 10.6.LANXESS AG
    • 10.7.DuPont
    • 10.8.ExxonMobil Corporation
    • 10.9.The Dow Chemical Company
    • 10.1.Sumitomo Chemical Co. Ltd.
    • 10.11.Versalis S.p.A.

Table Of Figures

List of Figures 

FIG. 1 Research Methodology
FIG. 2 Research Methodology – Basic Overview
FIG. 3 Research Methodology – Detailed View
FIG. 4 Global Synthetic Rubber Market Revenue, 2016 - 2026 (USD Billion)
FIG. 5 Porter’s Five Forces Analysis for Global Synthetic Rubber Market
FIG. 6 Global Synthetic Rubber Market Attractiveness, By Type
FIG. 7 Global Synthetic Rubber Market Attractiveness, By End User Application
FIG. 8 Global Synthetic Rubber Market Attractiveness, By End-User
FIG. 9 Company Share Analysis, 2019
FIG. 10 Global Synthetic Rubber Market Revenue Share, by Type, 2019 & 2026
FIG. 11 Global Synthetic Rubber Market for Styrene Butadiene Rubber (SBR), Revenue (USD Billion) 2016 - 2026
FIG. 12 Global Synthetic Rubber Market for Polybutadiene (BR), Revenue (USD Billion) 2016 - 2026
FIG. 13 Global Synthetic Rubber Market for Ethylenepropylene (EPDM), Revenue (USD Billion) 2016 - 2026
FIG. 14 Global Synthetic Rubber Market for Nitrile Butadiene Rubber (NBR), Revenue (USD Billion) 2016 - 2026
FIG. 15 Global Synthetic Rubber Market for Acrylonitrile Butadiene Styrene (ABS), Revenue (USD Billion) 2016 - 2026
FIG. 16 Global Synthetic Rubber Market for Others, Revenue (USD Billion) 2016 - 2026
FIG. 17 Global Synthetic Rubber Market Revenue Share, by End User Application, 2019 & 2026
FIG. 18 Global Synthetic Rubber Market for Tires, Revenue (USD Billion) 2016 - 2026
FIG. 19 Global Synthetic Rubber Market for Industrial Goods, Revenue (USD Billion) 2016 - 2026
FIG. 20 Global Synthetic Rubber Market for Footwear, Revenue (USD Billion) 2016 - 2026
FIG. 21 Global Synthetic Rubber Market for Adhesives, Revenue (USD Billion) 2016 - 2026
FIG. 22 Global Synthetic Rubber Market for Others, Revenue (USD Billion) 2016 - 2026
FIG. 23 Global Synthetic Rubber Market Revenue Share, by Region, 2019 & 2026
FIG. 24 North America Synthetic Rubber Market Revenue, 2016 - 2026 (USD Billion)
FIG. 25 Europe Synthetic Rubber Market Revenue, 2016 - 2026 (USD Billion)
FIG. 26 Asia Pacific Synthetic Rubber Market Revenue, 2016 - 2026 (USD Billion)
FIG. 27 Latin America Synthetic Rubber Market Revenue, 2016 - 2026 (USD Billion)
FIG. 28 The Middle-East and Africa Synthetic Rubber Market Revenue, 2016 - 2026 (USD Billion)
FIG. 29 Asahi Kasei Corporation Business Segment Revenue Share, 2018 (%)
FIG. 30 Asahi Kasei Corporation Geographical Segment Revenue Share, 2018 (%)


Table Of Tables

List of Tables

TABLE 1 Global Synthetic Rubber Market: Snapshot
TABLE 2 Drivers of the Synthetic Rubber Market: Impact Analysis
TABLE 3 Restraints for the Synthetic Rubber Market: Impact Analysis
TABLE 4 Global Synthetic Rubber Market Revenue, by Region, 2016 – 2026 (USD Billion)
TABLE 5 North America Synthetic Rubber Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 6 North America Synthetic Rubber Market Revenue, by Type, 2016 – 2026 (USD Billion)
TABLE 7 North America Synthetic Rubber Market Revenue, by End User Application, 2016 – 2026 (USD Billion)
TABLE 8 Europe Synthetic Rubber Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 9 Europe Synthetic Rubber Market Revenue, by Type, 2016 – 2026 (USD Billion)
TABLE 10 Europe Synthetic Rubber Market Revenue, by End User Application, 2016 – 2026 (USD Billion)
TABLE 11 Asia Pacific Synthetic Rubber Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 12 Asia Pacific Synthetic Rubber Market Revenue, by Type, 2016 – 2026 (USD Billion)
TABLE 13 Asia Pacific Synthetic Rubber Market Revenue, by End User Application, 2016 – 2026 (USD Billion)
TABLE 14 Latin America Synthetic Rubber Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 15 Latin America Synthetic Rubber Market Revenue, by Type, 2016 – 2026 (USD Billion)
TABLE 16 Latin America Synthetic Rubber Market Revenue, by End User Application, 2016 – 2026 (USD Billion)
TABLE 17 The Middle-East and Africa Synthetic Rubber Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 18 The Middle-East and Africa Synthetic Rubber Market Revenue, by Type, 2016 – 2026 (USD Billion)
TABLE 19 The Middle-East and Africa Synthetic Rubber Market Revenue, by End User Application, 2016 – 2026 (USD Billion)


 

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FrequentlyAsked Questions

Rising demand of vehicles is anticipated to boost the growth of automobile industry resulting in extreme demand for synthetic rubber parts, which in turn helps in augmenting the growth of the synthetic rubber market. Huge demand of footwear around the world is also driving the synthetic rubber industry.

According to Zion Market Research, global demand for Synthetic Rubber market is expected to generate revenue of around USD 41.67 Billion by end of 2026, growing at a CAGR of around 4.25% between 2020 and 2026.

Asia Pacific leads the synthetic rubber market globally mainly due to rising automotive industry and is also projected to maintain the position in the near future. North America is expected to grow at a steady pace owing to unstable economy. However, the Middle East is anticipated to witness a rapid growth in the market.

Some main participants of the Synthetic Rubber market are Asahi Kasei Corporation, China National Petroleum Corporation (CNPC), TSRC Corporation, China Petroleum & Chemical Corporation, and Sinopec Corporation. Other key players influencing the global market are LANXESS AG, DuPont, ExxonMobil Corporation, The Dow Chemical Company, Sumitomo Chemical Co. Ltd., and Versalis S.p.A.

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