Global Synthetic Rubber And Fibers Market Growth Opportunities And Forecast 2020 – 2030: Covid 19 Impact And Recovery

The Business Research Company offers “Synthetic Rubber And Fibers Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global synthetic rubber and fibers market is expected to decline from $260.8 billion in 2019 to $245.5 billion in 2020 at a compound annual growth rate (CAGR) of -5.9%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of % from 2021 and reach $242.2 billion in 2023.

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The synthetic rubber manufacturing market consists of the sales of synthetic rubber by entities (organizations, sole traders or partnerships) that produce synthetic rubber which is an artificial elastomer which is produced via the polymerization of a variety of petroleum-based monomers.

Increased demand for lightweight and fuel efficient materials or advanced composite materials is increasing the need for synthetic fibers. Synthetic fibers made from polymer aromatic polyamide are mainly of two types, para aramid and meta aramid. Aramids, UHME polyethylene, and POA are the major types of specialty synthetic fibers. Marine, medical, sporting goods, pressure vessel, and reinforcement materials industries are the significant applications for the specialty synthetic fiber market and growth in these markets is driving the fibers market.

Synthetic Rubber And Fibers Market Segmentation: -
By Type
1. Fibers
2. Polybutadiene (BR)
3. Others (IIR, CR, TPR, ABS, etc.)
4. Ethylene Propylene (EPDM)

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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Synthetic Rubber And Fibers Market Characteristics
4. Synthetic Rubber And Fibers Market Product Analysis
5. Synthetic Rubber And Fibers Market Supply Chain
………………
19. Synthetic Rubber And Fibers Market Competitive Landscape
20. Key Mergers And Acquisitions In The Synthetic Rubber And Fibers Market
21. Market Background: Chemicals Market
22. Recommendations
23. Appendix

The report covers the trends and market dynamics of the synthetic rubber and fibers market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the synthetic rubber and fibers market are DOW, Owens Corning, KUMHO Petrochemical, Teijin, TSRC Corporation

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