Synthetic Rubber Market –Analysis and Forecast of the Global Industry (2024–2030)

The Synthetic Rubber Market size was valued at US$ 20.65 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 4.0% from 2024 to 2030, reaching nearly US$ 27.17 Bn.

Synthetic Rubber Market Overview:

The purpose of this study is to provide an in-depth analysis of the Synthetic Rubber market by component, application, industry, and geography. The study provides detailed information on the major factors influencing the growth of the Synthetic Rubber industry. The study also provides a thorough examination of the market's value chain.

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Market Scope:

The research method used to assess and forecast the Synthetic Rubber market begins with gathering revenue data from key suppliers using secondary research sources. When defining market segmentation, vendor offerings are also considered. Using the bottom-up method, the income of major corporations was utilized to assess the total size of the Synthetic Rubber market.

Segmentation:

by Type

Styrene-butadiene rubber (SBR)
Polybutadiene Rubber (BR)
Styrene block copolymer (SBC)
Ethylene-propylene-diene rubber (EPDM)
Butyl rubber (IIR)
Acrylonitrile-butadiene rubber (NBR)

by Form Type

Solid
Liquid

by Application

Tire
Automotive (Non-tire)
Footwear
Industrial Goods
Consumer Goods
Textile
Others

by End User

Transportation
Building & Construction
Medical
Textile & Apparel
Food & Beverage
Other

Key Players: The key players are

1.Chevron Phillips Chemical Company LLC
2.China Petrochemical Corporation
3.Du Pont
4.SABIC
5.Saudi Arabian Oil Co.
6.The Goodyear Tire & Rubber Company
7.Trinseo
8.TSRC
9.Eastman Chemical Company
10.Exxon Mobil Corporation
11.Hexion
12.INEOS
13.Kumho Petrochemical
14.LyondellBasell Industries Holdings BV
15.Mitsubishi Chemical Corporation (MCC)
16.NOVA Chemicals Corporate

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Regional Analysis:

Market share information for North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.

COVID-19 Impact Analysis on Synthetic Rubber Market: The report also includes the detailed impact of COVID-19 on the Synthetic Rubber market.

Key Questions Answered in the Synthetic Rubber Market Report are:

Which segment had the largest share in the Synthetic Rubber market?
How is the competitive scenario of the Synthetic Rubber market in 2024?
Which are the key drivers impacting the Synthetic Rubber market growth?
Which region holds the maximum share in the Synthetic Rubber market?
What will be the CAGR of the Synthetic Rubber market during the forecast period (2024-2030)?

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