Rising global demand for rubber-based products and increasing sales of vehicles and outo parts such as tires are key factors

VANCOUVER, BRITISH COLUMBIA, CANADA, May 15, 2023 /EINPresswire.com/ -- Global Synthetic Rubber Market research report published by Emergen Research describes in detail the vital aspects of the Synthetic Rubber market on a global and regional level. The Report includes the approximate study of different segments in terms of overall growth, development, opportunity, business strategies, procedures, etc. The report contains the fundamentals produced and advancements by different applications Share and The latest trend gaining momentum in the market that increases awareness about the Synthetic Rubber market. The report supplies a comprehensive analysis of business aspects like global Synthetic Rubber market size, recent technological advances, and inventions. The research report consists of an introduction of the market, key players, opportunities, restraints, product and type classification, and overall market analysis.

The global synthetic rubber market size is expected to reach USD 24.90 Billion at a revenue CAGR of 3.8% in 2028, according to latest analysis by Emergen Research. Steady global synthetic rubber market growth can be attributed to increasing cost of natural rubber and various benefits provided by synthetic rubber over natural rubber. Synthetic rubber possesses better durability and extended service life as compared to natural rubber due to greater endurance to degradation and damage caused by chemicals and improved resistance to low and high temperatures, UV radiation, ozone, and weathering. Also, synthetic rubber displays excellent elasticity at low temperatures and insulation to electricity. In comparison to natural rubber, synthetic rubber offers ease of production in diverse variations at lower cost, making it appropriate for use in a variety of end-use applications with very specific requirements. Custom-made formulations of synthetic rubber can be produced to improve or add particular material properties, including flame resistance.

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The report aims to provide a determining analysis of the market competition to help the user make a pivotal business analysis. The complete portfolios of the key companies, including their production capacity, revenue share and size, gross margin, sales revenue and margin, growth rate, along with their business strategies and technological developments, have been discussed in the report. The companies operating in the market and profiled in the report include

DuPont

SABIC

SIBUR International

Exxon Mobil Corporation

Asahi Kasei Corporation

LG Chem Ltd.

Goodyear Tire & Rubber Company

Lanxess AG

Mitsui Chemicals Inc.

JSR Corporation

The research study also focuses on a comprehensive analysis of market trends, driving factors and constraints affecting the market growth, and opportunities for business development and expansion.

The report further discusses in detail the market segmentation based on types and applications.

Product Type Outlook (Revenue, USD Billion; 2018–2028)
Styrene Butadiene Rubber

Styrene Block Copolymer

Polybutadiene Rubber

Butyl Rubber

Ethylene Propylene Diene Rubber

Acrylonitrile Butadiene Rubber

Application Outlook (Revenue, USD Billion; 2018–2028)
Automotive Tire

Automotive Non-Tire

Industrial Goods

Footwear

Textile

Consumer Goods

Others

Regional Outlook (Revenue, USD Billion; 2018–2028)
North America

U.S.

Canada

Mexico

Europe

Germany

U.K.

France

Italy

Spain

Sweden

BENELUX

Rest of Europe

Asia Pacific

China

India

Japan

South Korea

Rest of APAC

Latin America

Brazil

Rest of LATAM

Middle East & Africa

Saudi Arabia

UAE

South Africa

Israel

Rest of MEA

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The research study on the global Synthetic Rubber market provides a complete detail-oriented assessment of this market and provides an accurate evaluation of market tendencies such as revenue estimations and shares, current market value, future market valuation, and market size over the forecast years. The report focuses on the evaluation of the given market in major regions and the countries included in those regions. The report provides details of the market considering the geographical landscape that includes North America, Latin America, Asia Pacific, Europe, and Middle East & Africa.

Some Important Points Answered in this Synthetic Rubber Market Report Are Given Below:

Explains an overview of the product portfolio, including product development, planning, and positioning

Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.

Detailed analysis of the Synthetic Rubber market revenue over the forecasted period.

Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.

Study on the segments that are anticipated to dominate the Synthetic Rubber.

Study on the regional analysis that is expected to register the highest growth over the forecast period

Major benefits of the Synthetic Rubber report:

The report discusses in detail the changing dynamics of the competitive landscape

The report provides detail-oriented futuristic prospects of factors driving the growth of the market and limitations affecting the market growth

The report gives a comprehensive analysis of the changing dynamics of the market owing to the current scenario

The report provides valuable insights on key market growth driving trends and monetary competence in the forecast timeline

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Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope 

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2023–2032

Chapter 3. Key Insights

Chapter 4. Synthetic Rubber Market Segmentation & Impact Analysis

    4.1. Synthetic Rubber Market Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Growing incidence of breast cancer

                    4.2.2.2. Increasing awareness on early oncological detection testing

          4.2.3. Market restraints analysis

                    4.2.3.1. Lack of reliable biomarkers

    4.3. Technological Insights 

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Synthetic Rubber Market By Application Insights & Trends, Revenue (USD Billion)

Chapter 6. Synthetic Rubber Market By Circulating Biomarker Insights & Trends, Revenue (USD Billion)

Chapter 7. Synthetic Rubber Market Regional Outlook

    7.1. Synthetic Rubber Market  share By Region, 2023–2032

    7.2. North America

    7.3. Europe

    7.4. Asia-Pacific

    7.5. Latin America

    7.6. Middle East & Africa

Chapter 8. Competitive Landscape

   8.1. Market Revenue Share By Manufacturers

    8.2. Mergers & Acquisitions

    8.3. Competitor’s Positioning

    8.4. Strategy Benchmarking

    8.5. Vendor Landscape

Chapter 9. Company Profiles                    

    9.1. Company

          9.1.1. Company Overview

          9.1.2. Circulating Biomarker & Service Offerings

          9.1.3. Strategic Initiatives 

          9.1.4. Financials

          9.1.5. Emergen Research Insights

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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