Booming Growth in Synthetic Rubber Market and Expected to Reach US$ 37020 Million by 2022 | Analysis by Global Key Vendors – LANXESS, Sinopec, Goodyear Tire, TSRC Corporation, JSR , LG Chem, Versalis SpA, ZEON

“Global Synthetic Rubber Market Report 2019” report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

Global Synthetic Rubber Market Overview:

The report spread across 125 pages is an overview of the Global Synthetic Rubber Market Report 2019. The Global Synthetic Rubber Market is projected to grow at a healthy growth rate from 2019 to 2022 according to new research. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies.

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The Synthetic Rubber Market has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Synthetic Rubber market size to maintain the average annual growth rate of 5.55% from 23950 Million $ in 2014 to 28160 Million $ in 2017, market analysts believe that in the next few years, Synthetic Rubber market size will be further expanded, we expect that by 2022, The market size of the Synthetic Rubber will reach 37020 Million $.

According to the market report analysis, the Global Synthetic Rubber Market is expected to be augmented by the growing demand for synthetic rubber products in the automotive Industry. In addition, increasing consumption of styrene in athletic footwear is anticipated to fuel the demand during the forecast period (2019 - 2022).

The Global Synthetic Rubber Market is segmented based on Type, End-Use Industry and Region. Based on Type, the Global Synthetic Rubber Market is classified into SBR, NBR, BR, EPDM, SBC, others. Other type includes IR, IIR, and CR. On the basis of End-Use industry, the Global Synthetic Rubber Market is categorized into construction, automotive & transportation, industrial, footwear and others.

In terms of regional analysis, APAC is expected to grow with a highest CAGR during the forecast period, due to stable economy and tremendous growth of automotive & transportation industry. The demand for synthetic rubber is estimated to propel in the various countries of APAC such as China, India, Vietnam, Thailand, Singapore, South Korea, Malaysia and Japan on account of high adoption rate by the automobile manufacturers. Moreover, growing automotive production as well as increasing demand for industrial products in developing countries along with increasing disposable income of consumer is expected to fuel the growth of the market.

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Major Key Players:

1 LANXESS (Germany)

2 Sinopec (China)

3 The Goodyear Tire and Rubber Company (US)

4 Kumho Petrochemical (South Korea)

5 TSRC Corporation (Taiwan)

6 Nizhnekamskneftekhim (Russia)

7 JSR Corporation (Japan)

8 LG Chem (South Korea)

9 Versalis S.p.A. (Italy)

10 ZEON Corporation and More....................

Market segment by Regions/Countries, this report covers

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

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This study answers to the below key questions:

1 What will the market size be in 2022?

2 What are the key factors driving the Global Synthetic Rubber Market?

3 What are the challenges to market growth?

4 Who are the key players in the Synthetic Rubber Market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Synthetic Rubber Market.

Major Points in Table of Contents:

Global Synthetic Rubber Market Report 2019

1 Synthetic Rubber Product Definition

2 Global Synthetic Rubber Market Manufacturer Share and Market Overview

3 Manufacturer Synthetic Rubber Business Introduction

4 Global Synthetic Rubber Market Segmentation (Region Level)

5 Global Synthetic Rubber Market Segmentation (Product Type Level)

6 Global Synthetic Rubber Market Segmentation (Industry Level)

7 Global Synthetic Rubber Market Segmentation (Channel Level)

8 Synthetic Rubber Market Forecast 2019-2022

9 Synthetic Rubber Segmentation Product Type

10 Synthetic Rubber Segmentation Industry

11 Synthetic Rubber Cost of Production Analysis

12 Conclusion

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