Report Description

Global synthetic rubber market is projected to register growth at formidable rate during the forecast period, 2023-2027. The market growth can be attributed to the growing trends in automotive to reduce the weight of vehicles for better fuel efficiency and rising use of synthetic rubber in the tire and non-tire automotive applications. Besides, shifting consumer preferences towards electric vehicles and changing regulatory frameworks are contributing to the growth of the global synthetic rubber market. Additionally, rising popularity of car rentals and ridesharing, owing to rapid urbanization, and growing working population are some of the factors contributing to the growth of the global synthetic rubber market. Moreover, rising demand for high-performance and eco-friendly tires as a growing concern over deteriorating environmental conditions is anticipated to fuel the global synthetic rubber market in the coming years. Furthermore, surging demand for green tires and increasing focus of participants on key revenue-generating end uses such as tires, adhesives, and consumer goods is expected to fuel the growth of the global synthetic rubber market in the coming years.

The global synthetic rubber market is segmented on the basis of type, application, and region. Based on type, the market has been categorised into styrene butadiene rubber, ethylene propylene diene monomer, polybutadiene rubber, nitrile butadiene rubber, butyl rubber, ethylene propylene diene monomer and others. In 2021, the SBR dominated the market since it is widely used in automobile & truck tires and manufacturing of carpets globally and the SBR is also expected to dominate the market during the forecast period as well. Based on application, the market has been categorised into tire, non-tire, industrial, footwear and others. In 2021, the tire segment dominated the market and is expected to maintain its dominance over the next five years as well owing to growing automotive industry and growing demand from tire industry due to its various feature for tires like grip control, safety, high fuel efficiency, weather resistance and comfort. APAC region dominated the market in 2021, and is expected to grow at a highest CAGR during the forecast period owing to growing automobile production & sales.


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Some of the leading players in the global synthetic rubber market are Sinopec, The Goodyear Tire and Rubber Company, JSR Corporation, Versalis S.p.A., ZEON Corporation, LANXESS, Kumho Petrochemical, TSRC Corporation, LG Chem, Nizhnekamskneftekhim, etc.

Attribute

Details

Historic Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units, CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends

Segments covered

·         By Type

·         By Application

Region scope

Asia Pacific; Europe & CIS; North America; South America; Middle East & Africa

Country scope

China, India, Japan, South Korea, Australia, Singapore, Malaysia, France, Germany, United Kingdom, Italy, Spain, United States, Mexico, Canada, Brazil, Argentina, Colombia, South Africa, Saudi Arabia, UAE, Qatar

Key companies profiled

Sinopec, The Goodyear Tire and Rubber Company, JSR Corporation, Versalis S.p.A., ZEON Corporation, LANXESS, Kumho Petrochemical, TSRC Corporation, LG Chem, Nizhnekamskneftekhim

Customization scope

10% free report customization with purchase. Addition or alteration to regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Report Scope:

In this report, global synthetic rubber market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Synthetic Rubber Market, By Type:
    • Styrene Butadiene Rubber
    • Ethylene Propylene Diene Monomer
    • Polybutadiene Rubber
    • Nitrile Butadiene Rubber
    • Butyl Rubber
    • Ethylene Propylene Diene Monomer
    • Others
  • Synthetic Rubber Market, By Application:
    • Tire
    • Non-Tire
    • Industrial
    • Footwear
    • Others
  • Synthetic Rubber Market, by Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe & CIS
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global synthetic rubber market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected] 

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Global Synthetic Rubber Market

5.    Voice of Customer

5.1.  Product Awareness

5.2.  Product Pricing

5.3.  Challenges & Unmet Needs

5.4.  Factors Influencing the Purchase Decision

6.    Global Synthetic Rubber Market Overview 

7.    Global Synthetic Rubber Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Type (Styrene Butadiene Rubber, Ethylene Propylene Diene Monomer, Polybutadiene Rubber, Nitrile Butadiene Rubber, Butyl Rubber, Ethylene Propylene Diene Monomer and Others)

7.2.2.     By Application (Tire, Non-Tire, Industrial, Footwear and Others)

7.2.3.     By Company

7.3.  Market Attractiveness Index

8.    Asia-Pacific Synthetic Rubber Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Application

8.2.3.     By Country

8.3.  Market Attractiveness Index

8.4.  Asia-Pacific: Country Analysis

8.4.1.     China Synthetic Rubber Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value & Volume

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By Type

8.4.1.3.         Market Attractiveness Index

8.4.2.     India Synthetic Rubber Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value & Volume

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By Type

8.4.2.3.         Market Attractiveness Index

8.4.3.     Japan Synthetic Rubber Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value & Volume

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By Type

8.4.3.3.         Market Attractiveness Index

8.4.4.     South Korea Synthetic Rubber Market Outlook

8.4.4.1.         Market Size & Forecast

8.4.4.1.1.             By Value & Volume

8.4.4.2.         Market Share & Forecast

8.4.4.2.1.             By Type

8.4.4.3.         Market Attractiveness Index

8.4.5.     Australia Synthetic Rubber Market Outlook

8.4.5.1.         Market Size & Forecast

8.4.5.1.1.             By Value & Volume

8.4.5.2.         Market Share & Forecast

8.4.5.2.1.             By Type

8.4.5.3.         Market Attractiveness Index

8.4.6.     Singapore Synthetic Rubber Market Outlook

8.4.6.1.         Market Size & Forecast

8.4.6.1.1.             By Value & Volume

8.4.6.2.         Market Share & Forecast

8.4.6.2.1.             By Type

8.4.6.3.         Market Attractiveness Index

8.4.7.     Malaysia Synthetic Rubber Market Outlook

8.4.7.1.         Market Size & Forecast

8.4.7.1.1.             By Value & Volume

8.4.7.2.         Market Share & Forecast

8.4.7.2.1.             By Type

8.4.7.3.         Market Attractiveness Index

9.    Europe & CIS Synthetic Rubber Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By Application

9.2.3.     By Country

9.3.  Market Attractiveness Index

9.4.  Europe: Country Analysis

9.4.1.     France Synthetic Rubber Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value & Volume

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By Type

9.4.1.3.         Market Attractiveness Index

9.4.2.     Germany Synthetic Rubber Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Value & Volume

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By Type

9.4.2.3.         Market Attractiveness Index

9.4.3.     United Kingdom Synthetic Rubber Market Outlook

9.4.3.1.         Market Size & Forecast

9.4.3.1.1.             By Value & Volume

9.4.3.2.         Market Share & Forecast

9.4.3.2.1.             By Type

9.4.3.3.         Market Attractiveness Index

9.4.4.     Italy Synthetic Rubber Market Outlook

9.4.4.1.         Market Size & Forecast

9.4.4.1.1.             By Value & Volume

9.4.4.2.         Market Share & Forecast

9.4.4.2.1.             By Type

9.4.4.3.         Market Attractiveness Index

9.4.5.     Spain Synthetic Rubber Market Outlook

9.4.5.1.         Market Size & Forecast

9.4.5.1.1.             By Value & Volume

9.4.5.2.         Market Share & Forecast

9.4.5.2.1.             By Type

9.4.5.3.         Market Attractiveness Index

10.  North America Synthetic Rubber Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Type

10.2.2.  By Application

10.2.3.  By Country

10.3.              Market Attractiveness Index

10.4.              North America: Country Analysis

10.4.1.  United States Synthetic Rubber Market Outlook

10.4.1.1.      Market Size & Forecast

10.4.1.1.1.           By Value & Volume

10.4.1.2.      Market Share & Forecast

10.4.1.2.1.           By Type

10.4.1.3.      Market Attractiveness Index

10.4.2.  Mexico Synthetic Rubber Market Outlook

10.4.2.1.      Market Size & Forecast

10.4.2.1.1.           By Value & Volume

10.4.2.2.      Market Share & Forecast

10.4.2.2.1.           By Type

10.4.2.3.      Market Attractiveness Index

10.4.3.  Canada Synthetic Rubber Market Outlook

10.4.3.1.      Market Size & Forecast

10.4.3.1.1.           By Value & Volume

10.4.3.2.      Market Share & Forecast

10.4.3.2.1.           By Type

10.4.3.3.      Market Attractiveness Index

11.  South America Synthetic Rubber Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Type

11.2.2.  By Application

11.2.3.  By Country

11.3.              Market Attractiveness Index

11.4.              South America: Country Analysis

11.4.1.  Brazil Synthetic Rubber Market Outlook

11.4.1.1.      Market Size & Forecast

11.4.1.1.1.           By Value & Volume

11.4.1.2.      Market Share & Forecast

11.4.1.2.1.           By Type

11.4.1.3.      Market Attractiveness Index

11.4.2.  Argentina Synthetic Rubber Market Outlook

11.4.2.1.      Market Size & Forecast

11.4.2.1.1.           By Value & Volume

11.4.2.2.      Market Share & Forecast

11.4.2.2.1.           By Type

11.4.2.3.      Market Attractiveness Index

11.4.3.  Colombia Synthetic Rubber Market Outlook

11.4.3.1.      Market Size & Forecast

11.4.3.1.1.           By Value & Volume

11.4.3.2.      Market Share & Forecast

11.4.3.2.1.           By Type

11.4.3.3.      Market Attractiveness Index

12.  Middle East and Africa Synthetic Rubber Market Outlook

12.1.              Market Size & Forecast

12.1.1.  By Value & Volume

12.2.              Market Share & Forecast

12.2.1.  By Type

12.2.2.  By Application

12.2.3.  By Country

12.3.              Market Attractiveness Index

12.4.              MEA: Country Analysis

12.4.1.  South Africa Synthetic Rubber Market Outlook

12.4.1.1.      Market Size & Forecast

12.4.1.1.1.           By Value & Volume

12.4.1.2.      Market Share & Forecast

12.4.1.2.1.           By Type

12.4.1.3.      Market Attractiveness Index

12.4.2.  Saudi Arabia Synthetic Rubber Market Outlook

12.4.2.1.      Market Size & Forecast

12.4.2.1.1.           By Value & Volume

12.4.2.2.      Market Share & Forecast

12.4.2.2.1.           By Type

12.4.2.3.      Market Attractiveness Index

12.4.3.  UAE Synthetic Rubber Market Outlook

12.4.3.1.      Market Size & Forecast

12.4.3.1.1.           By Value & Volume

12.4.3.2.      Market Share & Forecast

12.4.3.2.1.           By Type

12.4.3.3.      Market Attractiveness Index

12.4.4.  Qatar Synthetic Rubber Market Outlook

12.4.4.1.      Market Size & Forecast

12.4.4.1.1.           By Value & Volume

12.4.4.2.      Market Share & Forecast

12.4.4.2.1.           By Type

12.4.4.3.      Market Attractiveness Index

13.  Supply Chain Analysis

14.  Market Dynamics

14.1.              Drivers

14.2.              Challenges

15.  Market Trends & Developments

16.  Policy & Regulatory Landscape

17.  Competitive Landscape

17.1.              Competition Outlook

17.2.              Company Profiles (Top 10 Companies)

17.2.1.  Sinopec

17.2.2.  The Goodyear Tire and Rubber Company

17.2.3.  JSR Corporation

17.2.4.  Versalis S.p.A.

17.2.5.  ZEON Corporation

17.2.6.  LANXESS

17.2.7.  Petrochemical

17.2.8.  TSRC Corporation

17.2.9.  LG Chem

17.2.10.                Nizhnekamskneftekhim

18. Strategic Recommendations

Figures and Tables

Frequently asked questions

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Rapidly expanding automotive industry is expected to drive the global synthetic rubber market.

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Global synthetic rubber market is segmented into type, application, and region.

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Based on application, the tire segment is expected to register the highest growth in the global synthetic rubber market.

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Sinopec, The Goodyear Tire and Rubber Company, JSR Corporation, Versalis S.p.A., ZEON Corporation, LANXESS, Kumho Petrochemical, TSRC Corporation, LG Chem, Nizhnekamskneftekhim, etc. are the key players in the global synthetic rubber market.

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