Synthetic Rubber Market is Expected to Exceed US$ 45 Billion by 2023

New York, August 31, 2018: The scope of the report includes a detailed study of global and regional markets for synthetic rubber with the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include LANXESS AG, China Petroleum & Chemical Corporation (Sinopec Corporation), China National Petroleum Corporation (CNPC), KUMHO PETROCHEMICAL, TSRC Corporation, Asahi Kasei Corporation DuPont, Dynasol Elastomers, Sumitomo Chemical Co., Ltd., , Exxon Mobil Corporation (ExxonMobil),The Dow Chemical Company, and Versalis S.p.A. Company profile includes assign such as company summary, financial summary,business strategy and planning, SWOT analysis and current developments.

The global synthetic rubber market is expected to exceed more than US$ 45 Billion by 2023; Growing at a CAGR of more than 5% in the given forecast period.

Synthetic rubber is any of various products which include nitrile rubber, butyl rubber, neoprene and GR-S. These resemble natural rubber more closely or less closely particular in physical properties. And having skill to be processed that is created typically by polymerization of butadiene, isoprene and related unsaturated hydrocarbons. It also has property of copolymerization of such hydrocarbons with acrylonitrile, isobutylene, styrene or other polymerizable compounds. These have uses similar to that of natural rubber however are superior for few applications and inferior for others and are usually utilized in combination with natural rubber.

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The Synthetic Rubber Market has been segmented as below:

The Synthetic Rubber Market is segmented on the Basis of Product Segment Analysis, End-user Analysis and Regional Analysis. By Product Segment Analysis this market is segmented on the basis of Nitrile, butadiene rubber (NBR), Ethylenean propylene (EPDM), Polybutadiene (BR),Styrene butadiene rubber (SBR) and Others.

By End-user Analysis this market is segmented on the basis of Footwear Industrial goods, Tires and Others (adhesives, asphalt overlay, etc). By Regional Analysis this market is segmented on the basis of North America
Europe, Asia-Pacific and Rest of the World.

This report provides:

1) An overview of the global market for synthetic rubber and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2023.
3) Identifications of new market opportunities and targeted promotional plans for synthetic rubber.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

The major driving factors of synthetic rubber market are as follows:

Growing demand in automotive industry expected to drive synthetic rubber market.
Rising footwear market likely to drive global synthetic rubber market.

The restraining factors of synthetic rubber market are as follows:

Oversupply due to consistent capability additions projected to restrain the growth of synthetic rubber market.
Growing replacement of synthetic rubber by natural rubber.

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Table of Contents

chapter 1 INTRODUCTION

1.1 KEY TAKE AWAYS
1.2 REPORT DESCRIPTION
1.3 MARKETS COVERED
1.4 STAKEHOLDERS
1.5 RESEARCH METHODOLOGY
1.5.1 MARKET SIZE
1.5.2 MARKET SHARE
1.5.3 KEY DATA POINTS FROM SECONDARY SOURCES
1.5.4 KEY DATA POINTS FROM PRIMARY SOURCES

Chapter 2 Executive Summary

Chapter 3 Global Synthetic Rubber Market – Industry Analysis

Chapter 4 Price Trend Analysis

Chapter 5 Global Synthetic Rubber Market – Product Segment Analysis

Chapter 6 Global Synthetic Rubber Market – End-user Segment Analysis

Chapter 7 Global Synthetic Rubber Market – Regional Analysis

Chapter 8 Company Profiles

8.1 Asahi Kasei Corporation
8.2 The Dow Chemical Company
8.3 E. I. du Pont de Nemours and Company (DuPont)
8.4 LANXESS AG
8.5 Exxon Mobil Corporation (ExxonMobil)
8.6 Dynasol Elastomers S.A.
8.7 TSRC Corporation
8.8 Versalis S.p.A.
8.9 Sumitomo Chemical Co., Ltd.
8.10 KUMHO PETROCHEMICAL
8.11 China National Petroleum Corporation (CNPC)
8.12 China Petroleum & Chemical Corporation (Sinopec Corporation)

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