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SYNTHETIC RUBBER MARKET Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats.

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Presentation on theme: "SYNTHETIC RUBBER MARKET Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats."— Presentation transcript:

1 SYNTHETIC RUBBER MARKET 2018-2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

2 www.marketresearchfuture.com2 SYNTHETIC RUBBER MARKET Overview: Synthetic Rubber is a kind of elastic polymer mainly derived from petroleum byproducts. Synthetic Rubber possess various properties such as elasticity, oil resistant, durability, and excellent water repellant property which make them suitable for various end use industries such as construction, footwear, automotive & transportation, industrial, and others. Moreover, it is used for making polymer concrete for waterproofing, tires, hoses, conveyor belt covers, gaskets, tubes, and others. Synthetic Rubber is classified as elastic polymer from which rubber is obtained and manufactured on the basis of petrochemical raw material. It is mostly used with natural rubbers as a single polymer or in mixture and is majorly produced synthetically by polymerization. It is predominantly used as the main constituent of the tires used on automobiles, airplanes, and bicycles. It finds a wide application scope in numerous end use industries such as footwear, industrial, construction, automotive & transportation, and others. Synthetic Rubber Market : Overview, Regional Analysis, Segmentation, Key Players And Forecasts to 2023

3 www.marketresearchfuture.com3 SYNTHETIC RUBBER MARKET Global Synthetic Rubber Market Share, By Region (2016) (%): Source: MRFR Analysis

4 www.marketresearchfuture.com 4 SYNTHETIC RUBBER MARKET Regional Analysis: Browse Report @ https://www.marketresearchfuture.com/reports/synthetic-rubber-market-4952https://www.marketresearchfuture.com/reports/synthetic-rubber-market-4952 Geographically, Synthetic Rubber Market is segmented across Five Regions in the world namely: Asia Pacific, North America, Europe, Latin America, Middle East & Africa. Asia Pacific has emerged as the leading market region for Synthetic Rubber followed by Europe and North America. North America is predicted to witness a moderate growth in synthetic rubber due to recovery of industrial sector combined with escalating investments to revitalize industrial sector. In North America, the U.S. is followed by Canada in the regional market growth and both countries are expected to see a significant growth on account of continuous expansion of footwear industry. European countries such as Russia, Poland, France, Italy, Germany, and U.K have emerged as important consumer markets due to developed end use industries and heavy investment on Research & Development as well as innovation. Latin American countries such as Mexico, Brazil, Colombia, Peru, Guatemala, and Argentina are also predicted to witness an average growth due to increasing expenditure on passenger cars and commercial vehicles. Moreover, increasing air traffic in the developing countries such as Brazil, China, India, Malaysia, and Vietnam has resulted in increased demand for tires and which in turn has given a new momentum for the market growth. The Middle East & Africa regional market is predicted to witness a significant growth during the review period due to high adoption rate in various application and is predicted to positively influence industry growth during the assessment period.

5 www.marketresearchfuture.com5 SYNTHETIC RUBBER MARKET Segmentation: The Global Synthetic Rubber Market is segregated into the Type, End User, and Region: By Type: SBR, NBR, BR, EPDM, SBC IR, IIR, CR By End User: Construction, Automotive & Transportation, Industrial Footwear By Region: Asia Pacific, North America, Europe, Latin America, Middle East & Africa. Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/4952https://www.marketresearchfuture.com/sample_request/4952

6 www.marketresearchfuture.com6 SYNTHETIC RUBBER MARKET Key Players: Some of the Top Key Players functioning in the Global Synthetic Rubber Market are: LANXESS (Germany), Exxonmobil (U.S.), Asahi Kasei Corporation (Japan), Sumitomo Chemical Co., Ltd. (Japan), ZEON Corporation (Japan) The Dow Chemical Company (U.S.), Versalis S.p.A. (Italy), Kumho Petrochemical (South Korea), JSR Corporation (Japan), LGChem (SouthKorea)

7 www.marketresearchfuture.com7 ABOUT US MARKET RESEARCH FUTURE: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous- Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.comwww.marketresearchfuture.cominfo@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future.

8 www.marketresearchfuture.com8 MARKET RESEARCH FUTURE THANK YOU salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK)


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