Synthetic Rubber Market Size, Share, Growth, Forecast 2032
Synthetic Rubber Market By Material (Styrene Butadiene Rubber (SBR), Polybutadiene (BR), Ethylenepropylene (EPDM), Nitrile Butadiene Rubber (NBR), Acrylonitrile Butadiene Styrene (ABS), and Others), By End-User Application (Tires, Industrial Goods, Footwear, Adhesives, And Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 - 2032
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 24.21 Billion | USD 36.60 Billion | 4.7% | 2023 |
Table Of Content
- Chapter 1.Preface
- 1.1.Report Description
- 1.2.Report Scope
- Chapter 2.Research Methodology
- 2.1.Research Methodology
- 2.2.Secondary Research
- 2.3.Primary Research
- 2.4.Models
- 2.4.1.Company Share Analysis Model
- 2.4.2.Revenue Based Modeling
- 2.5.Research Limitations
- Chapter 3.Executive Summary
- 3.1.Global Synthetic Rubber Market, 2016 – 2026 (USD Billion)
- 3.2.Global Synthetic Rubber Market: Snapshot
- Chapter 4.Synthetic Rubber Market – Industry Analysis
- 4.1.Introduction
- 4.2.Market Drivers
- 4.2.1.Driving Factor 1 Analysis
- 4.2.2.Driving Factor 2 Analysis:
- 4.3.Market Restraints
- 4.3.1.Restraining Factor Analysis
- 4.4.Market Opportunities
- 4.4.1.Market Opportunity & Use-case Anaysis
- 4.4.2.Use – Cases for Synthetic Rubber
- 4.5.Porter’s Five Forces Analysis
- 4.6.COVID 19 Impact Analysis
- 4.6.1.1.Impact on Product Development and Technology Adoption
- 4.6.1.2.Gap Analysis
- Chapter 5.Investment Proposition Analysis
- 5.1.Global Synthetic Rubber Market Attractiveness, By Type
- 5.2.Global Synthetic Rubber Market Attractiveness, By End User Application
- 5.3.Global Synthetic Rubber Market Attractiveness, By Region
- Chapter 6.Competitive Landscape
- 6.1.Company Market Share Analysis - 2019
- 6.1.1.Global Synthetic Rubber Market: Company Market Share, 2019
- 6.2.Strategic Developments
- 7.1.Global Synthetic Rubber Market Overview: by Type
- 7.1.1.Global Synthetic Rubber Market Revenue Share, by Type, 2019 & 2026
- 7.2.Global Synthetic Rubber Market Analysis/Overview – By Type
- 7.2.1.Styrene Butadiene Rubber (SBR) – Overview/Analysis
- 7.2.2.Pulybutadiene (BR) – Overview/Analysis
- 7.2.3.Ethylenepropylene (EPDM) – Overview/Analysis
- 7.2.4.Nitrile Butadiene Rubber (NBR) – Overview/Analysis
- 7.2.5.Acrylonitrile Butadiene Styrene (ABS) – Overview/Analysis
- 7.2.6.Others – Overview/Analysis
- 7.3.Styrene Butadiene Rubber (SBR)
- 7.3.1.Global Synthetic Rubber Market for Styrene Butadiene Rubber (SBR), Revenue (USD Billion) 2016 - 2026
- 7.4.Pulybutadiene (BR)
- 7.4.1.Global Synthetic Rubber Market for Pulybutadiene (BR), Revenue (USD Billion) 2016 - 2026
- 7.5.Ethylenepropylene (EPDM)
- 7.5.1.Global Synthetic Rubber Market for Ethylenepropylene (EPDM), Revenue (USD Billion) 2016 - 2026
- 7.6.Nitrile Butadiene Rubber (NBR)
- 7.6.1.Global Synthetic Rubber Market for Nitrile Butadiene Rubber (NBR), Revenue (USD Billion) 2016 - 2026
- 7.7.Acrylonitrile Butadiene Styrene (ABS)
- 7.7.1.Global Synthetic Rubber Market for Acrylonitrile Butadiene Styrene (ABS), Revenue (USD Billion) 2016 - 2026
- 7.8.Others
- 7.8.1.Global Synthetic Rubber Market for Others, Revenue (USD Billion) 2016 - 2026
- 8.1.Global Synthetic Rubber Market Overview: by End User Application
- 8.1.1.Global Synthetic Rubber Market Revenue Share, by End User Application, 2019 & 2026
- 8.2.Global Synthetic Rubber Market Analysis/Overview – By End User Application
- 8.2.1.Tires – Overview/Analysis
- 8.2.2.Industrial Goods – Overview/Analysis
- 8.2.3.Footwear – Overview/Analysis
- 8.2.4.Adhesives – Overview/Analysis
- 8.2.5.Others – Overview/Analysis
- 8.3.Tires
- 8.3.1.Global Synthetic Rubber Market for Tires, Revenue (USD Billion) 2016 - 2026
- 8.4.Industrial Goods
- 8.4.1.Global Synthetic Rubber Market for Industrial Goods, Revenue (USD Billion) 2016 - 2026
- 8.5.Footwear
- 8.5.1.Global Synthetic Rubber Market for Footwear, Revenue (USD Billion) 2016 - 2026
- 8.6.Adhesives
- 8.6.1.Global Synthetic Rubber Market for Adhesives, Revenue (USD Billion) 2016 - 2026
- 8.7.Others
- 8.7.1.Global Synthetic Rubber Market for Others, Revenue (USD Billion) 2016 - 2026
- 6.1.Company Market Share Analysis - 2019
- Chapter 9.Synthetic Rubber Market – Regional Analysis
- 9.1.Global Synthetic Rubber Market: Regional Overview
- 9.1.1.Global Synthetic Rubber Market Revenue Share, by Region, 2019 & 2026
- 9.1.2.Global Synthetic Rubber Market Revenue, by Region, 2016 – 2026 (USD Billion)
- 9.2.North America
- 9.2.1.North America Synthetic Rubber Market Revenue, 2016 - 2026 (USD Billion)
- 9.2.2.North America Synthetic Rubber Market Revenue, by Country, 2016 – 2026 (USD Billion)
- 9.2.3.North America Synthetic Rubber Market Revenue, by Type, 2016 – 2026
- 9.2.4.North America Synthetic Rubber Market Revenue, by End User Application, 2016 – 2026
- 9.2.5. U.S.
- 9.2.6.Canada
- 9.3.Europe
- 9.3.1.Europe Synthetic Rubber Market Revenue, 2016 - 2026 (USD Billion)
- 9.3.2.Europe Synthetic Rubber Market Revenue, by Country, 2016 – 2026 (USD Billion)
- 9.3.3.Europe Synthetic Rubber Market Revenue, by Type, 2016 – 2026
- 9.3.4.Europe Synthetic Rubber Market Revenue, by End User Application, 2016 – 2026
- 9.3.5.Germany
- 9.3.6.France
- 9.3.7. U.K.
- 9.3.8.Italy
- 9.3.9.Spain
- 9.3.10.Rest of Europe
- 9.4.Asia Pacific
- 9.4.1.Asia Pacific Synthetic Rubber Market Revenue, 2016 - 2026 (USD Billion)
- 9.4.2.Asia Pacific Synthetic Rubber Market Revenue, by Country, 2016 – 2026 (USD Billion)
- 9.4.3.Asia Pacific Synthetic Rubber Market Revenue, by Type, 2016 – 2026
- 9.4.4.Asia Pacific Synthetic Rubber Market Revenue, by End User Application, 2016 – 2026
- 9.4.5.China
- 9.4.6.Japan
- 9.4.7.India
- 9.4.8.South Korea
- 9.4.9.South-East Asia
- 9.4.10.Rest of Asia Pacific
- 9.5.Latin America
- 9.5.1.Latin America Synthetic Rubber Market Revenue, 2016 - 2026 (USD Billion)
- 9.5.2.Latin America Synthetic Rubber Market Revenue, by Country, 2016 – 2026 (USD Billion)
- 9.5.3.Latin America Synthetic Rubber Market Revenue, by Type, 2016 – 2026
- 9.5.4.Latin America Synthetic Rubber Market Revenue, by End User Application, 2016 – 2026
- 9.5.5.Brazil
- 9.5.6.Mexico
- 9.5.7.Rest of Latin America
- 9.6.The Middle-East and Africa
- 9.6.1.The Middle-East and Africa Synthetic Rubber Market Revenue, 2016 - 2026 (USD Billion)
- 9.6.2.The Middle-East and Africa Synthetic Rubber Market Revenue, by Country, 2016 – 2026 (USD Billion)
- 9.6.3.The Middle-East and Africa Synthetic Rubber Market Revenue, by Type, 2016 – 2026
- 9.6.4.The Middle-East and Africa Synthetic Rubber Market Revenue, by End User Application, 2016 – 2026
- 9.6.5.GCC Countries
- 9.6.6.South Africa
- 9.6.7.Rest of Middle-East Africa
- 9.1.Global Synthetic Rubber Market: Regional Overview
- Chapter 10.Company Profiles
- 10.1.Asahi Kasei Corporation
- 10.1.1.Company Overview
- 10.1.2.Financial Overview
- 10.1.3.Product Portfolio
- 10.1.4.Business Strategy
- 10.1.5.Recent Developments
- 10.2.China National Petruleum Corporation (CNPC)
- 10.3.TSRC Corporation
- 10.4.China Petruleum & Chemical Corporation
- 10.5.Sinopec Corporation
- 10.6.LANXESS AG
- 10.7.DuPont
- 10.8.ExxonMobil Corporation
- 10.9.The Dow Chemical Company
- 10.1.Sumitomo Chemical Co. Ltd.
- 10.11.Versalis S.p.A.
- 10.1.Asahi Kasei Corporation
Table Of Figures
List of Figures
FIG. 1 Research Methodology
FIG. 2 Research Methodology – Basic Overview
FIG. 3 Research Methodology – Detailed View
FIG. 4 Global Synthetic Rubber Market Revenue, 2016 - 2026 (USD Billion)
FIG. 5 Porter’s Five Forces Analysis for Global Synthetic Rubber Market
FIG. 6 Global Synthetic Rubber Market Attractiveness, By Type
FIG. 7 Global Synthetic Rubber Market Attractiveness, By End User Application
FIG. 8 Global Synthetic Rubber Market Attractiveness, By End-User
FIG. 9 Company Share Analysis, 2019
FIG. 10 Global Synthetic Rubber Market Revenue Share, by Type, 2019 & 2026
FIG. 11 Global Synthetic Rubber Market for Styrene Butadiene Rubber (SBR), Revenue (USD Billion) 2016 - 2026
FIG. 12 Global Synthetic Rubber Market for Polybutadiene (BR), Revenue (USD Billion) 2016 - 2026
FIG. 13 Global Synthetic Rubber Market for Ethylenepropylene (EPDM), Revenue (USD Billion) 2016 - 2026
FIG. 14 Global Synthetic Rubber Market for Nitrile Butadiene Rubber (NBR), Revenue (USD Billion) 2016 - 2026
FIG. 15 Global Synthetic Rubber Market for Acrylonitrile Butadiene Styrene (ABS), Revenue (USD Billion) 2016 - 2026
FIG. 16 Global Synthetic Rubber Market for Others, Revenue (USD Billion) 2016 - 2026
FIG. 17 Global Synthetic Rubber Market Revenue Share, by End User Application, 2019 & 2026
FIG. 18 Global Synthetic Rubber Market for Tires, Revenue (USD Billion) 2016 - 2026
FIG. 19 Global Synthetic Rubber Market for Industrial Goods, Revenue (USD Billion) 2016 - 2026
FIG. 20 Global Synthetic Rubber Market for Footwear, Revenue (USD Billion) 2016 - 2026
FIG. 21 Global Synthetic Rubber Market for Adhesives, Revenue (USD Billion) 2016 - 2026
FIG. 22 Global Synthetic Rubber Market for Others, Revenue (USD Billion) 2016 - 2026
FIG. 23 Global Synthetic Rubber Market Revenue Share, by Region, 2019 & 2026
FIG. 24 North America Synthetic Rubber Market Revenue, 2016 - 2026 (USD Billion)
FIG. 25 Europe Synthetic Rubber Market Revenue, 2016 - 2026 (USD Billion)
FIG. 26 Asia Pacific Synthetic Rubber Market Revenue, 2016 - 2026 (USD Billion)
FIG. 27 Latin America Synthetic Rubber Market Revenue, 2016 - 2026 (USD Billion)
FIG. 28 The Middle-East and Africa Synthetic Rubber Market Revenue, 2016 - 2026 (USD Billion)
FIG. 29 Asahi Kasei Corporation Business Segment Revenue Share, 2018 (%)
FIG. 30 Asahi Kasei Corporation Geographical Segment Revenue Share, 2018 (%)
Table Of Tables
List of Tables
TABLE 1 Global Synthetic Rubber Market: Snapshot
TABLE 2 Drivers of the Synthetic Rubber Market: Impact Analysis
TABLE 3 Restraints for the Synthetic Rubber Market: Impact Analysis
TABLE 4 Global Synthetic Rubber Market Revenue, by Region, 2016 – 2026 (USD Billion)
TABLE 5 North America Synthetic Rubber Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 6 North America Synthetic Rubber Market Revenue, by Type, 2016 – 2026 (USD Billion)
TABLE 7 North America Synthetic Rubber Market Revenue, by End User Application, 2016 – 2026 (USD Billion)
TABLE 8 Europe Synthetic Rubber Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 9 Europe Synthetic Rubber Market Revenue, by Type, 2016 – 2026 (USD Billion)
TABLE 10 Europe Synthetic Rubber Market Revenue, by End User Application, 2016 – 2026 (USD Billion)
TABLE 11 Asia Pacific Synthetic Rubber Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 12 Asia Pacific Synthetic Rubber Market Revenue, by Type, 2016 – 2026 (USD Billion)
TABLE 13 Asia Pacific Synthetic Rubber Market Revenue, by End User Application, 2016 – 2026 (USD Billion)
TABLE 14 Latin America Synthetic Rubber Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 15 Latin America Synthetic Rubber Market Revenue, by Type, 2016 – 2026 (USD Billion)
TABLE 16 Latin America Synthetic Rubber Market Revenue, by End User Application, 2016 – 2026 (USD Billion)
TABLE 17 The Middle-East and Africa Synthetic Rubber Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 18 The Middle-East and Africa Synthetic Rubber Market Revenue, by Type, 2016 – 2026 (USD Billion)
TABLE 19 The Middle-East and Africa Synthetic Rubber Market Revenue, by End User Application, 2016 – 2026 (USD Billion)
Methodology
FrequentlyAsked Questions
Synthetic rubber is a synthetic material that is synthesised by the polymerisation of a variety of petrochemical monomers, which are primarily derived from petroleum oil. It is intended to replicate the characteristics of natural rubber, which is obtained from rubber trees. Synthetic rubber is produced in industrial contexts through chemical processes, in contrast to natural rubber, which is derived from a biological source (latex).
The automotive industry is the primary consumer of synthetic rubber, which is used in the production of tires. The demand for synthetic rubber is directly influenced by the expansion of the automotive industry, particularly in developing regions. The market growth is also fuelled by the increase in demand for tires with superior performance, which is a result of the proliferation of electric vehicles (EVs).
Zion Market Research has published a report on the global Synthetic Rubber Market, estimating its value at USD 24.21 Billion in 2023, with projections indicating that it will reach USD 36.60 Billion by 2032.
Zion Market Research has published a report on the global Synthetic Rubber Market is expected to expand at a compound annual growth rate (CAGR) of 4.7% over the forecast period 2024-2032.
Based on the region, the global Synthetic Rubber market can be divided into five main regions: Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa.
Some main participants of the Synthetic Rubber market are Asahi Kasei Corporation, China National Petroleum Corporation (CNPC), TSRC Corporation, China Petroleum & Chemical Corporation, and Sinopec Corporation. Other key players influencing the global market are LANXESS AG, DuPont, ExxonMobil Corporation, The Dow Chemical Company, Sumitomo Chemical Co. Ltd., and Versalis S.p.A.
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