Asia Pacific Synthetic Rubber Market Size, Share and Forecast 2019-2025

Asia Pacific synthetic rubber market is estimated to grow with lucrative growth during the forecast period. The high adoption of synthetic rubber in various applications is one of the chief factors for the growth of the market in the region. China, India, Thailand, Indonesia, Malaysia, Vietnam are among the top producer of natural and synthetic rubber all across the globe. Moreover, the region caters to the significant application of synthetic rubber including tires. As per the International Organization of Motor Vehicle Manufacturers, in Asia Pacific, more than 50 million vehicles were manufactures in the region. Moreover, India and China are among the largest two-wheeler industry globally. Additionally, the region is a hub for the manufacturing of consumer electronics which creates considerable demand for synthetic rubber in the region.

Request a Free Sample of our Asia Pacific Synthetic Rubber Market: https://www.omrglobal.com/request-sample/asia-pacific-synthetic-rubber-market

Asia Pacific synthetic rubber market is divided based on type and end-user. By type, the market is further divided into Styrene Butadiene Rubber, Polybutadiene Rubber, Ethylene Propylene Rubber, Isoprene Rubber, and others. Due to significant demand for tires in the region, Styrene-Butadiene Rubber is expected to hold the largest market share during the forecast period. By end-user, the market is further segmented into automobile components, industrial application, footwear, household, and others. Automobile components will hold the largest market share in the region. Based on geography, the market is divided into China, Japan, India and the Rest of Asia Pacific. China is expected to hold a major market share during the forecast period. In the rest of Asia-Pacific region, South Korea and South-East Asian countries including Thailand, Indonesia, Malaysia, and Vietnam are expected to hold a considerable market share in the region.

A full Report of Asia Pacific Synthetic Rubber Market is Available at: https://www.omrglobal.com/industry-reports/asia-pacific-synthetic-rubber-market

Asia Pacific Synthetic Rubber Market Segmentation

By Type

• Styrene Butadiene Rubber (SBR)
• Polybutadiene Rubber (BR)
• Ethylene Propylene Rubber (EPDM)
• Isoprene Rubber (IR)
• Others (Nitrile Butadiene Rubber (NBR), Butyl Rubber (IIR), Chloroprene Rubber (CR))
• Asia Pacific Synthetic Rubber Market by End-User
• Automobile component
• Industrial Application
• Footwear
• Household
• Others (Electronics)

Regional Analysis

• China
• Japan
• India
• Rest of APAC

Company Profiles

• ARLANXEO Holding B.V.
• Asahi Kasei Corp.
• Bridgestone Corp.
• Exxon Mobil Corp.
• Indian Synthetic Rubber Pvt. Ltd.
• JSR Corp.
• Kuraray Co., Ltd.
• LCY Chemical Corp.
• LG Chem, Ltd.
• Reliance Industries Ltd.
• SABIC
• Sumitomo Chemical Co., Ltd.
• The Dow Chemical Co.
• The Goodyear Tire & Rubber Co.
• The Michelin Group
• Tosoh Corp.
• Trinseo LLC
• TSRC Corp.
• Ube Industries, Ltd.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/asia-pacific-synthetic-rubber-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.