Press release
Liquid Synthetic Rubber Market Size to Soar in the Years to Come
Liquid Synthetic Rubber Market
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ: https://www.alliedmarketresearch.com/request-sample/10722
Market Dynamics
Drivers:
- Increased utilization in the adhesive industry.
- Rise in global tyre production.
Restraints:
- Fluctuations in raw material prices.
Opportunities:
- Expanded use in industrial rubber manufacturing.
Segment Insights
By Resin Type:
- Liquid Styrene Butadiene Rubber: Dominated the market in 2019 with over two-fifths share, driven by focus on tyre durability and performance.
- Liquid Isoprene Rubber: Expected to register the highest CAGR of 6.3% due to increasing infrastructure and construction activities in developing countries like India and China.
By Application:
- Adhesives: Projected to grow at the highest CAGR of 5.0%, supported by the booming construction industry in China and India.
- Tyre Manufacturing: Held the largest market share in 2019, accounting for more than two-fifths of the market, due to the presence of major tyre manufacturers in Asia.
Regional Analysis
Asia-Pacific:
- Expected to register the highest CAGR of 4.8% by 2027.
Dominated the market in 2019 with nearly three-fifths share, driven by the rapid development in manufacturing and construction sectors in China, India, and Japan.
Key Market Players
- H.B. Fuller
- Evonik Industries
- Asahi Kasei Corporation
- Synthomer PLC
- Efremov Synthetic Rubber
- Kuraray Co., Ltd.
- Nippon Soda Co., Ltd.
- Saudi Aramco
- Puyang Linshi Chemical New Material Co., Ltd.
- Sibur International GmbH
This report offers detailed insights into market trends, drivers, restraints, opportunities, and the competitive landscape, making it an essential resource for stakeholders and industry participants looking to make informed business decisions.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐ซ๐ข๐ง๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ข๐ฌ๐ข๐ญ ๐๐๐ซ๐:
https://www.alliedmarketresearch.com/liquid-synthetic-rubber-market/purchase-options
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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