Synthetic Rubber Market Expected To Be Worth US$ 45 Billion By 2023

Synthetic rubber is any of various products which include nitrile rubber, butyl rubber, neoprene and GR-S. These resemble natural rubber more closely or less closely particular in physical properties. And having skill to be processed that is created typically by polymerization of butadiene, isoprene and related unsaturated hydrocarbons. It also has property of copolymerization of such hydrocarbons with acrylonitrile, isobutylene, styrene or other polymerizable compounds. These have uses similar to that of natural rubber however are superior for few applications and inferior for others and are usually utilized in combination with natural rubber.

The global synthetic rubber market is expected to exceed more than US$ 45 Billion by 2023; Growing at a CAGR of more than 5% in the given forecast period.

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The major driving factors of synthetic rubber market are as follows:

Growing demand in automotive industry expected to drive synthetic rubber market.
Rising footwear market likely to drive global synthetic rubber market.

The restraining factors of synthetic rubber market are as follows:

Oversupply due to consistent capability additions projected to restrain the growth of synthetic rubber market.
Growing replacement of synthetic rubber by natural rubber.

This report provides:

1) An overview of the global market for synthetic rubber and related technologies.
2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2023.
3) Identifications of new market opportunities and targeted promotional plans for synthetic rubber.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

The scope of the report includes a detailed study of global and regional markets for synthetic rubber with the reasons given for variations in the growth of the industry in certain regions.

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The Synthetic Rubber Market has been segmented as below:

By Product Segment Analysis

Nitrile butadiene rubber (NBR)
Ethylenean propylene (EPDM)
Polybutadiene (BR)
Styrene butadiene rubber (SBR)
Others

By End-user Analysis

Footwear
Industrial goods
Tires
Others (adhesives, asphalt overlay, etc)

By Regional Analysis

North America
Europe
Asia-Pacific
Rest of the World

Table of Contents
chapter 1 INTRODUCTION
Chapter 2 Executive Summary
Chapter 3 Global Synthetic Rubber Market – Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
3.3.1 Rising Demand in Automotive Industry Anticipated to Drive Global Synthetic Rubber Market
3.3.1.1 Global Automotive Market (Cars and Commercial Vehicles) Volume, 2014 – 2023 (Mn Units)
3.3.1.2 Global Passenger Car Tires Volume, 2014 – 2023 (Mn Units)
3.3.2 Growing Footwear Market Projected to Drive Global Synthetic Rubber Market
3.3.2.1 Global Footwear Market, 2014 – 2023 (US$ Bn)
3.4 Restraints
3.4.1 Oversupply Due to Consistent Capacity Additions Expected to Restrain Global Synthetic Rubber Market
3.4.2 Increasing Substitution of Synthetic Rubber by Natural Rubber Projected to Restrain Global Synthetic Rubber Market
3.4.2.1 Percentage of Natural Rubber and Synthetic Rubber from Total Consumption, 1990 – 2010
3.5 Opportunity
3.5.1 Emergence of Bio-based Feedstock Anticipated to Act as an Opportunity for Global Synthetic Rubber Market
3.6 Porter’s Five Forces Analysis
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat of New Entrants
3.6.4 Threat of Substitutes
3.6.5 Degree of Competition
3.7 Market Attractiveness Analysis
3.7.1 Global Synthetic Rubber Market Attractiveness, by End-user Segment, 2014
3.8 Company Market Share Analysis
3.8.1 Global Synthetic Rubber Market Share, by Company, 2014
3.9 Turkey Synthetic Rubber Supply Analysis
3.9.1 Turkey Synthetic Rubber Market Supply, 2011 – 2013 (Kilo Tons)
3.9.2 Turkey Synthetic Rubber Market Supply, 2014 – 2023 (Kilo Tons)
3.10 Africa Synthetic Rubber Supply Analysis
3.10.1 Africa Synthetic Rubber Market Supply, 2011 – 2013 (Kilo Tons)
3.10.2 Africa Synthetic Rubber Market Supply, 2014 – 2023 (Kilo Tons)
Chapter 4 Price Trend Analysis
Chapter 5 Global Synthetic Rubber Market – Product Segment Analysis
Chapter 6 Global Synthetic Rubber Market – End-user Segment Analysis
Chapter 7 Global Synthetic Rubber Market - Regional Analysis
Chapter 8 Company Profiles
8.1 Asahi Kasei Corporation
8.2 The Dow Chemical Company
8.3 E. I. du Pont de Nemours and Company (DuPont)
8.4 LANXESS AG
8.5 Exxon Mobil Corporation (ExxonMobil)
8.6 Dynasol Elastomers S.A.
8.7 TSRC Corporation
8.8 Versalis S.p.A.
8.9 Sumitomo Chemical Co., Ltd.
8.10 KUMHO PETROCHEMICAL
8.11 China National Petroleum Corporation (CNPC)
8.12 China Petroleum & Chemical Corporation (Sinopec Corporation)

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