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Orion Market Research

Synthetic Rubber Market: Global Size, Industry Trends, Leading Players, Share and Forecast 2019-2025 Request

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The synthetic rubber market has been rising due to an increase in the demand for automobiles across the globe. There are various applications of synthetic rubber in the automobile sector such as in the rubber tires, rubber bumper, O-ring, rubber airbag, rubber seal and others. About 60% of the rubber used in the manufacturing of tires is synthetic rubber produced from the hydrocarbons derived from petroleum. Synthetic elastomers have the property to deform under stress and gain its original shape after the removal of stress. This property of hysteresis is an essential parameter for the manufacturing of high-grip tires that raises the demand for synthetic rubber in automotive applications. A full report of Synthetic Rubber Market is available at: https://www.omrglobal.com/industryreports/synthetic-rubber-market-size Substantial Opportunities in Emerging Markets such as China and India Emerging economies such as China and India are expected to witness immense growth and development in the synthetic rubber market during the forecast period due to its rising application in the automotive tire and other automotive application coupled with a large pool of population in these countries. Growing application of hydrogenated nitrile-butadiene rubber (HNBR) in the emerging economies is propelling the market growth. Moreover, China contributes significantly to the market due to rapid industrialization and government policy to promote rubber production raises the demand for synthetic rubber in the country. Additionally, growing demand for synthetic rubber in the footwear industry is contributing to the growth of the market in the region. To know more information, please request a free report sample https://www.omrglobal.com/requestsample/synthetic-rubber-market-size The growing trend toward lightweight products Increasing preference light weight and durable products in various industrial applications are estimated to contribute to the growth of the synthetic rubber market. There are different types of lightweight products such as hand gloves that can be utilized in several places such as in medical field, welding sector for industrial application. The synthetic rubber gloves have high strength and are durable in nature. There are different types of rubber suits such as rubber wet suit, rubber dry suit, rubber rain suit and so on. In defense there is armor made of synthetic rubber. These applications of synthetic rubber further propel market growth. Rising Environmental concern Rising environmental concern due to the production and application of the synthetic rubber may hinder the synthetic rubber market during the forecast period. There is a huge amount of carbon dioxide emitted that increase the greenhouse gases, impacting the ozone layer and increase global warming eventually. There are several types of pollution caused while the production as the plastic waste has to be dumped on the land causing land pollution. Owing to disadvantages such as toxic smoke generation when burned,


incompatibility with solvents and many more, the use of synthetic rubber in industries may get affected which ultimately hinders the market growth in the forecast period. Global Synthetic Rubber Market- Segmentation By Type • • • • • •

Styrene Butadiene Rubber (SBR) Polybutadiene Rubber (BR) Styrene Block Copolymer (SBC) Ethylene Propylene Diene Monomer (EPDM) Butyl Rubber Others (Nitrile Butadiene Rubber)

By Application • • • •

Automotive Industrial Footwear Other (Electronics)

Visit here to know more about Synthetic Rubber Market Size Global Synthetic Rubber Market– Segment by Region North America • •

US Canada

Europe • • • • • •

Germany UK France Spain Italy Rest of Europe


Asia-Pacific • • • •

China India Japan Rest of Asia-Pacific

Rest of the World • •

Middle East & Africa Latin America

Company Profiles • • • • • • • • • • • • • • • • • • • • • • • •

ARLANXEO Holding B.V. Asahi Kasei Group Denka Co. Ltd. DuPont de Nemours, Inc. Dynasol Group Exxon Mobil Corp. Firestone Polymers, LLC Goodyear Tire & Rubber Co. Indian Synthetic Rubber Pvt. Ltd. JSR Corp. Kuraray Co., Ltd. LANXESS AG LCY CHEMICAL CORP. LG Chem, Ltd. Lion Elastomers LLC Reliance Industries Ltd. Saudi Basic Industries Corp. (SABIC) SIBUR International GmbH Sinopec Corp., a company of China Petroleum & Chemical Corp. Sumitomo Corp. Tosoh Corp. Trinseo S.A. TSRC Corp. Ube Industries, Ltd.


About Orion Market Research OMR provide global and regional market reports of various domains such as healthcare, energy, IT, chemicals, and automobiles. OMR provide a 360-degree view of the market with parametric analysis, key market insights, key findings, statistical forecasts, competitive landscape, extensive segmentation, key trends, strategic recommendations and detailed company profiles. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 7803040404 Source: Global Synthetic Rubber Market

Profile for Orion Market Research

Synthetic Rubber Market: Industry Growth, Size, Share and Forecast 2019-2025  

Global synthetic rubber market is projected to grow at significant CAGR 4.8% during the forecast period. The synthetic rubber is the manufac...

Synthetic Rubber Market: Industry Growth, Size, Share and Forecast 2019-2025  

Global synthetic rubber market is projected to grow at significant CAGR 4.8% during the forecast period. The synthetic rubber is the manufac...

Profile for omrglobal
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