
Synthetic Rubber Market
Synthetic Rubber Market - Global Industry Assessment & Forecast
Segments Covered
By Form Type Solid, Liquid
By Type Acrylic Rubber (ACM), Butadiene Rubber (BR), Styrene Butadiene Rubber (SBR), Butyl Rubber (IIR), Ethylene Propylene Diene Monomer (EPDM), Fluoroelastomers (FKM)/ Viton, Isoprene Rubber (IR), Nitrile Rubber (NBR), Polychloroprene (CR)/ Neoprene, Polysulfide Rubber (PSR), Silicone Rubber (SiR), Other Types
By End Use Industry Transportation, Building & Construction, Medical, Textile & Apparel, Food & Beverage, Other End Use Industries
By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
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2022 |
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2023 - 2030 |
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2017 - 2021 |
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USD 41.34 Billion |
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USD 65.89 Billion |
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6.00% |
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Asia Pacific |
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Asia Pacific |
Customization Offered
Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market Dynamics
Region Level Market Share
Import Export Analysis
Production Analysis
Others Request Customization Speak To Analyst
Global Synthetic Rubber Market: Form Type Segment Analysis
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- Solid
- Liquid
Global Synthetic Rubber Market: Type Segment Analysis
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- Acrylic Rubber (ACM)
- Butadiene Rubber (BR)
- Styrene Butadiene Rubber (SBR)
- Butyl Rubber (IIR)
- Ethylene Propylene Diene Monomer (EPDM)
- Fluoroelastomers (FKM)/ Viton
- Isoprene Rubber (IR)
- Nitrile Rubber (NBR)
- Polychloroprene (CR)/ Neoprene
- Polysulfide Rubber (PSR)
- Silicone Rubber (SiR)
- Other Types
Global Synthetic Rubber Market: End Use Industry Segment Analysis
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- Transportation
- Building & Construction
- Medical
- Textile & Apparel
- Food & Beverage
- Other End Use Industries
Global Synthetic Rubber Market: Region Segment Analysis
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- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
FAQ
Frequently Asked Question
What is the global demand for Synthetic Rubber in terms of revenue?
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The global Synthetic Rubber valued at USD 41.34 Billion in 2022 and is expected to reach USD 65.89 Billion in 2030 growing at a CAGR of 6.00%.
Which are the prominent players in the market?
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The prominent players in the market are Asahi Kasei Corporation, The Dow Chemical Company, DuPont, LANXESS AG, Exxon Mobil Corporation, Dynasol Elastomers S.A., TSRC Corporation, Versalis S.P.A., Sumitomo Chemical Co. Ltd., KUMHO PETROCHEMICAL, China National Petroleum Corporation (CNPC), China Petroleum & Chemical Corporation (Sinopec Corporation).
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 6.00% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Synthetic Rubber include
- Rising Demand for Manmade Rubber over Natural Rubber is a Prominent Trend
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Synthetic Rubber in 2022.