Press release
Global Artificial Rubber Market Analysis to 2025 by Top Competitors LANXESS, Asahi Kasei, DSM Elastomers, DuPont, Showa Denko K.K, Sinopec, Sumitomo, TOSOH
Artificial Rubber Market
Global Artificial Rubber Market Overview:
According to market analysts, Global Artificial Rubber Market is projected to grow at a high CAGR value from 2019 to 2025.
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The Artificial rubber market is driven by the rising demand for artificial rubbers in applications such as tire, non-tire automotive, footwear, and industrial.
The Artificial Rubber Market is segmented based Type, Application and Region. On the basis of type, the market is sub-segmented into SBR, BR, SBC, EPDM, IIR and NBR. Styrene-butadiene rubber (SBR) is the most widely used type and is estimated to be the largest type segment of the market.
On the basis of application, the market is sub-segmented into Tire, Non-tire automotive, Footwear and Industrial. Tire segment is projected to be the fastest-growing application segment of the market during the forecast period.
Regionally, Asia Pacific accounts for a leading share in the global artificial rubber market and going forward too is predicted to hold on to its leading share by rising impressively. The growth in the market is mainly powered by the fastest growing economies in the region – China and India.
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Key Players:
1 LANXESS
2 Asahi Kasei
3 DSM Elastomers
4 Dow Chemical Company
5 DuPont
6 Ube Industries
7 Showa Denko K.K and More...
Key Regions:
1 North America
2 Europe
3 Asia-Pacific
4 South America
5 Middle East & Africa
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Key Questions Answered in this Report:
1 What will the market size and the growth rate be in 2025?
2 What are the key factors driving the Artificial Rubbers Market?
3 What are the challenges to market growth?
4 Who are the key vendors in the market?
5 What are the latest market trends?
Table of Content:
1 Industry Overview
2 Artificial Rubber Market by Type
3 Global Market Demand
4 Major Region Market
5 Major Companies List
6 Conclusion
About us:
BusinessindustryReports.com is digital database of comprehensive market reports for global industries. As a market research company, we take pride in equipping our clients with insights and data that holds the power to truly make a difference to their business. Our mission is singular and well-defined – we want to help our clients envisage their business environment so that they are able to make informed, strategic and therefore successful decisions for themselves.
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