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Report
Synthetic Rubber Market Research Report Forecast 2030
Market Report I 2023-01-25 I 110 Pages I Market Research Future
Synthetic Rubber Market Research Report Forecast 2030
Market Overview
The synthetic rubber market is anticipated to register a notable CAGR of 4.77% during the review period. The excellent driver of the global synthetic rubber market is its broad use in tire production for travelers and uncompromising vehicles. Synthetic rubber is utilized for assembling low-moving obstruction tires, which consume less energy, have lower fuel utilization, and decrease CO2 emanations. Also, the rising reception of these tires in electric vehicles (EVs) and the rising deals of EVs advance market development. Moreover, the utilization of synthetic rubber in the development business is one prime driver of the global market.
Nevertheless, rigid guidelines with respect to the creation and handling of rubber are supposed to go about as limitations for global market development. Then again, the value unpredictability of raw petroleum, a critical natural substance, is a test looked at by the players in the synthetic rubber market.
Market Segmentation
The global Synthetic Rubber market is classified based on Type, Application, and region.
Based on Type the market is categorized into Ethylene Propylene Diene Monomer (EPDM), Styrene-Butadiene Rubber (SBR), Polyisoprene, Butyl Rubber, and Others.
The Application segment comprises Construction, Automotive & Transportation, Medical, and Others.
Regional Analysis
Asia-Pacific addressed the greatest market share of 35.44% in 2021. Asia-Pacific has been divided into China, India, Japan, South Korea, Australia, and New Zealand, and the rest of Asia-Pacific. The high improvement in the area is credited to quick people advancement, urbanization, and variables, for instance, the presence of a colossal number of creators, humble work costs, and creation of application segments in the district. China remains the greatest creator and customer of synthetic rubber in 2021. India has similarly seen a quick development in usage over the span of late years.
North America addressed the second-greatest market piece of 25.48% in 2021 and should enlist a CAGR of 5.27% during the gauge time span. The North American market has been segregated into the US and Canada. The US is the second-greatest purchaser of synthetic rubber, followed by China. The improvement in the US is a direct result of the presence of gigantic degree end-use undertakings, expansive mechanical and Innovative work limits, and unlimited creation workplaces. From this point forward, the US should drive regional advancement during the assessment period. The advancement in this space is attributed to the enormous degree of production of motor vehicles, and the region tends to be the greatest private monetary sponsor in creative work (Innovative work). Plus, Latin America and Center East and Africa addressed just a single-digit market part of around 7.84% and 5.82%, separately.
Major Players
The key players operating in the global synthetic rubber include LANXESS (Germany), Ltd (South Korea), LG Chem Ltd (South Korea), ZEON CORPORATION (Saudi Arabia), Kumho Petrochemical Co., Sinopec (China), Versalis S.p.A. (Italy), SIBUR (Russia), TSRC Corporation (Taiwan), Group Dynasol (Europe), Kraton Corporation (US), JSR Corporation (Japan), PJSC Nizhnekamskneftekhim (Russia), The Goodyear Tire & Rubber Company (US), Trinseo (US), and PetroChina (China).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 17
1.1 MARKET ATTRACTIVENESS ANALYSIS 19
1.1.1 GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE 20
1.1.2 GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION 21
1.1.3 GLOBAL SYNTHETIC RUBBER MARKET, BY REGION 22
2 MARKET INTRODUCTION 23
2.1 DEFINITION 23
2.2 SCOPE OF THE STUDY 23
2.3 MARKET STRUCTURE 24
3 RESEARCH METHODOLOGY 25
3.1 RESEARCH PROCESS 25
3.2 PRIMARY RESEARCH 26
3.3 SECONDARY RESEARCH 27
3.4 MARKET SIZE ESTIMATION 27
3.5 TOP-DOWN AND BOTTOM-UP APPROACHES 28
3.6 FORECAST MODEL 29
3.7 LIST OF ASSUMPTIONS & LIMITATIONS 30
4 MARKET DYNAMICS 31
4.1 INTRODUCTION 31
4.2 DRIVERS 33
4.2.1 INCREASING USE OF SYNTHETIC RUBBER IN TIRE MANUFACTURING 33
4.2.2 USE OF SYNTHETIC RUBBER FOR CONSTRUCTION PURPOSES 34
4.3 RESTRAINTS 35
4.3.1 STRINGENT REGULATIONS AND ADVERSE EFFECTS ASSOCIATED WITH RUBBER PROCESSING 35
4.4 OPPORTUNITIES 36
4.4.1 DEVULCANIZATION OF SYNTHETIC RUBBER 36
4.4.2 USE OF END-OF-LIFE TIRES FOR STORABLE ENERGY CARRIERS AND TIRE-DERIVED FUEL 37
4.5 CHALLENGES 37
4.5.1 VOLATILE RAW MATERIAL PRICES 37
5 MARKET FACTOR ANALYSIS 39
5.1 SUPPLY CHAIN ANALYSIS 39
5.1.1 RAW MATERIAL SUPPLIERS 40
5.1.2 SYNTHETIC RUBBER PRODUCERS 41
5.1.3 DISTRIBUTION & SALES CHANNELS 41
5.1.4 APPLICATIONS 41
5.2 PORTER'S FIVE FORCES ANALYSIS 42
5.2.1 THREAT OF NEW ENTRANTS 42
5.2.2 BARGAINING POWER OF SUPPLIERS 43
5.2.3 THREAT OF SUBSTITUTES 43
5.2.4 BARGAINING POWER OF BUYERS 43
5.2.5 INTENSITY OF RIVALRY 43
5.3 PRICING OVERVIEW 44
5.4 IMPACT OF COVID 19 OUTBREAK ON GLOBAL SYNTHETIC RUBBER MARKET 45
5.4.1 IMPACT ON GLOBAL ECONOMY 45
5.4.2 IMPACT ON SUUPLY CHAIN OF SYNTHETIC RUBBER MARKET 45
5.4.3 QUALITATIVE ANALYSIS ON CHANGES IN DEMAND FROM END USERS 45
6 GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE 46
6.1 OVERVIEW 46
6.1.1 GLOBAL SYNTHETIC RUBBER MARKET ESTIMATES & FORECAST BY TYPE, 2019 TO 2030 46
6.1.2 GLOBAL SYNTHETIC RUBBER MARKET ESTIMATES & FORECAST BY TYPE, 2019 TO 2030 47
6.2 STYRENE-BUTADIENE RUBBER (SBR) 48
6.2.1 STYRENE-BUTADIENE RUBBER (SBR) MARKET ESTIMATES & FORECAST BY REGION,2019 TO 2030 48
6.3 ETHYLENE PROPYLENE DIENE MONOMER (EPDM) 49
6.3.1 ETHYLENE PROPYLENE DIENE MONOMER (EPDM) MARKET ESTIMATES & FORECAST BY REGION,2019 TO 2030 49
6.4 BUTYL RUBBER 50
6.4.1 BUTYL RUBBER MARKET ESTIMATES & FORECAST BY REGION,2019 TO 2030 50
6.5 POLYISOPRENE 51
6.5.1 POLYISOPRENE MARKET ESTIMATES & FORECAST BY REGION,2019 TO 2030 51
6.6 OTHERS 52
6.6.1 OTHERS MARKET ESTIMATES & FORECAST BY REGION,2019 TO 2030 52
7 GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION 53
7.1 OVERVIEW 53
7.1.1 GLOBAL SYNTHETIC RUBBER MARKET ESTIMATES & FORECAST BY APPLICATION, 2019 TO 2030 53
7.1.2 GLOBAL SYNTHETIC RUBBER MARKET ESTIMATES & FORECAST BY APPLICATION, 2019 TO 2030 54
7.2 CONSTRUCTION 55
7.2.1 CONSTRUCTION: MARKET ESTIMATES & FORECAST BY REGION,2019 TO 2030 55
7.3 AUTOMOTIVE & TRANSPORTATION 56
7.3.1 AUTOMOTIVE & TRANSPORTATION MARKET ESTIMATES & FORECAST BY REGION, 2019 TO 2030 56
7.4 MEDICAL 57
7.4.1 MEDICAL: MARKET ESTIMATES & FORECAST BY REGION,2019 TO 2030 57
7.5 OTHERS 58
7.5.1 OTHERS: MARKET ESTIMATES & FORECAST BY REGION,2019 TO 2030 58
8 GLOBAL SYNTHETIC RUBBER MARKET, BY REGION 59
8.1 OVERVIEW 59
8.2 NORTH AMERICA 62
8.2.1 US 65
8.2.2 CANADA 67
8.3 EUROPE 69
8.3.1 GERMANY 72
8.3.2 UK 74
8.3.3 FRANCE 76
8.3.4 SPAIN 78
8.3.5 ITALY 80
8.3.6 RUSSIA 82
8.3.7 REST OF EUROPE 84
8.4 ASIA-PACIFIC 86
8.4.1 CHINA 89
8.4.2 JAPAN 91
8.4.3 INDIA 93
8.4.4 SOUTH KOREA 95
8.4.5 AUSTRALIA & NEW ZEALAND 97
8.4.6 REST OF ASIA-PACIFIC 99
8.5 LATIN AMERICA 101
8.5.1 BRAZIL 104
8.5.2 MEXICO 106
8.5.3 ARGENTINA 108
8.5.4 REST OF LATIN AMERICA 110
8.6 MIDDLE EAST & AFRICA 112
8.6.1 GCC COUNTRIES 115
8.6.2 TURKEY 117
8.6.3 SOUTH AFRICA 119
8.6.4 REST OF THE MIDDLE EAST & AFRICA 121
9 COMPETITIVE LANDSCAPE 123
9.1 MARKET INTRODUCTION 123
9.2 GLOBAL MARKET STRATEGY ANALYSIS 123
9.3 RECENT DEVELOPMENTS 123
9.4 COMPETITIVE BENCHMARKING 125
10 COMPANY PROFILES 127
10.1 LANXESS 127
10.1.1 COMPANY OVERVIEW 127
10.1.2 FINANCIAL OVERVIEW 128
10.1.3 PRODUCTS OFFERED 128
10.1.4 KEY DEVELOPMENTS 129
10.1.5 SWOT ANALYSIS 129
10.1.6 KEY STRATEGIES 129
10.2 KUMHO PETROCHEMICAL CO., LTD 130
10.2.1 COMPANY OVERVIEW 130
10.2.2 FINANCIAL OVERVIEW 130
10.2.3 PRODUCTS OFFERED 131
10.2.4 KEY DEVELOPMENTS 131
10.2.5 SWOT ANALYSIS 132
10.2.6 KEY STRATEGIES 132
10.3 LG CHEM LTD 133
10.3.1 COMPANY OVERVIEW 133
10.3.2 FINANCIAL OVERVIEW 133
10.3.3 PRODUCTS OFFERED 134
10.3.4 KEY DEVELOPMENTS 134
10.3.5 SWOT ANALYSIS 134
10.3.6 KEY STRATEGIES 134
10.4 SINOPEC 135
10.4.1 COMPANY OVERVIEW 135
10.4.2 FINANCIAL OVERVIEW 136
10.4.3 PRODUCTS OFFERED 137
10.4.4 KEY DEVELOPMENTS 137
10.4.5 SWOT ANALYSIS 138
10.4.6 KEY STRATEGIES 138
10.5 VERSALIS SPA. 139
10.5.1 COMPANY OVERVIEW 139
10.5.2 FINANCIAL OVERVIEW 140
10.5.3 PRODUCTS OFFERED 141
10.5.4 KEY DEVELOPMENTS 141
10.5.5 SWOT ANALYSIS 142
10.5.6 KEY STRATEGIES 142
10.6 TSRC CORPORATION 143
10.6.1 COMPANY OVERVIEW 143
10.6.2 FINANCIAL OVERVIEW 144
10.6.3 PRODUCTS OFFERED 145
10.6.4 KEY DEVELOPMENTS 145
10.6.5 SWOT ANALYSIS 146
10.6.6 KEY STRATEGIES 146
10.7 ZEON CORPORATION 147
10.7.1 COMPANY OVERVIEW 147
10.7.2 FINANCIAL OVERVIEW 147
10.7.3 PRODUCTS OFFERED 147
10.7.4 KEY DEVELOPMENTS 148
10.7.5 SWOT ANALYSIS 148
10.7.6 KEY STRATEGIES 148
10.8 GROUP DYNASOL 149
10.8.1 COMPANY OVERVIEW 149
10.8.2 FINANCIAL OVERVIEW 149
10.8.3 PRODUCTS OFFERED 149
10.8.4 KEY DEVELOPMENTS 150
10.8.5 SWOT ANALYSIS 151
10.8.6 KEY STRATEGIES 151
10.9 KRATON CORPORATION 152
10.9.1 COMPANY OVERVIEW 152
10.9.2 FINANCIAL OVERVIEW 153
10.9.3 PRODUCTS OFFERED 154
10.9.4 KEY DEVELOPMENTS 154
10.9.5 SWOT ANALYSIS 155
10.9.6 KEY STRATEGIES 155
10.10 JSR CORPORATION 156
10.10.1 COMPANY OVERVIEW 156
10.10.2 FINANCIAL OVERVIEW 157
10.10.3 PRODUCTS OFFERED 158
10.10.4 KEY DEVELOPMENTS 158
10.10.5 SWOT ANALYSIS 159
10.10.6 KEY STRATEGIES 159
10.11 PJSC NIZHNEKAMSKNEFTEKHIM 160
10.11.1 COMPANY OVERVIEW 160
10.11.2 FINANCIAL OVERVIEW 161
10.11.3 PRODUCTS OFFERED 162
10.11.4 KEY DEVELOPMENTS 162
10.11.5 SWOT ANALYSIS 163
10.11.6 KEY STRATEGIES 163
10.12 SIBUR 164
10.12.1 COMPANY OVERVIEW 164
10.12.2 FINANCIAL OVERVIEW 165
10.12.3 PRODUCTS OFFERED 166
10.12.4 KEY DEVELOPMENTS 166
10.12.5 SWOT ANALYSIS 167
10.12.6 KEY STRATEGIES 167
10.13 THE GOODYEAR TIRE & RUBBER COMPANY 168
10.13.1 COMPANY OVERVIEW 168
10.13.2 FINANCIAL OVERVIEW 169
10.13.3 PRODUCTS OFFERED 170
10.13.4 KEY DEVELOPMENTS 170
10.13.5 SWOT ANALYSIS 171
10.13.6 KEY STRATEGIES 171
10.14 TRINSEO 172
10.14.1 COMPANY OVERVIEW 172
10.14.2 FINANCIAL OVERVIEW 173
10.14.3 PRODUCTS OFFERED 173
10.14.4 KEY DEVELOPMENTS 174
10.14.5 SWOT ANALYSIS 174
10.14.6 KEY STRATEGIES 174
10.15 PETROCHINA 175
10.15.1 COMPANY OVERVIEW 175
10.15.2 FINANCIAL OVERVIEW 176
10.15.3 PRODUCTS OFFERED 176
10.15.4 KEY DEVELOPMENTS 177
10.15.5 SWOT ANALYSIS 177
10.15.6 KEY STRATEGIES 177
11 APPENDIX 178
11.1 REFERENCES 178
11.2 RELATED REPORTS 179
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LIST OF TABLES
TABLE 1 LIST OF ASSUMPTIONS & LIMITATIONS 30
TABLE 2 PRICING OVERVIEW, BY REGION (USD/TONS) 44
TABLE 3 GLOBAL SYNTHETIC RUBBER MARKET ESTIMATES & FORECAST, BY TYPE, 2019 TO 2030 (USD MILLION) 46
TABLE 4 GLOBAL SYNTHETIC RUBBER MARKET ESTIMATES & FORECAST, BY TYPE, 2019 TO 2030 (KILO TONS) 47
TABLE 5 STYRENE-BUTADIENE RUBBER (SBR) MARKET ESTIMATES & FORECAST, BY REGION, 2019 TO 2030 (USD MILLION) 48
TABLE 6 STYRENE-BUTADIENE RUBBER (SBR) MARKET ESTIMATES & FORECAST, BY REGION, 2019 TO 2030 (KILO TONS) 48
TABLE 7 ETHYLENE PROPYLENE DIENE MONOMER (EPDM) MARKET ESTIMATES & FORECAST, BY REGION, 2019 TO 2030 (USD MILLION) 49
TABLE 8 ETHYLENE PROPYLENE DIENE MONOMER (EPDM) MARKET ESTIMATES & FORECAST, BY REGION, 2019 TO 2030 (KILO TONS) 49
TABLE 9 BUTYL RUBBER MARKET ESTIMATES & FORECAST, BY REGION, 2019 TO 2030 (USD MILLION) 50
TABLE 10 BUTYL RUBBER MARKET ESTIMATES & FORECAST, BY REGION, 2019 TO 2030 (KILO TONS) 50
TABLE 11 POLYISOPRENE MARKET ESTIMATES & FORECAST, BY REGION, 2019 TO 2030 (USD MILLION) 51
TABLE 12 POLYISOPRENE MARKET ESTIMATES & FORECAST, BY REGION, 2019 TO 2030 (KILO TONS) 51
TABLE 13 OTHERS MARKET ESTIMATES & FORECAST, BY REGION, 2019 TO 2030 (USD MILLION) 52
TABLE 14 OTHERS MARKET ESTIMATES & FORECAST, BY REGION, 2019 TO 2030 (KILO TONS) 52
TABLE 15 GLOBAL SYNTHETIC RUBBER MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019 TO 2030 (USD MILLION) 53
TABLE 16 GLOBAL SYNTHETIC RUBBER MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019 TO 2030 (KILO TONS) 54
TABLE 17 CONSTRUCTION MARKET ESTIMATES & FORECAST, BY REGION, 2019 TO 2030 (USD MILLION) 55
TABLE 18 CONSTRUCTION MARKET ESTIMATES & FORECAST, BY REGION, 2019 TO 2030 (KILO TONS) 55
TABLE 19 AUTOMOTIVE & TRANSPORTATION MARKET ESTIMATES & FORECAST, BY REGION, 2019 TO 2030 (USD MILLION) 56
TABLE 20 AUTOMOTIVE & TRANSPORTATION MARKET ESTIMATES & FORECAST, BY REGION, 2019 TO 2030 (KILO TONS) 56
TABLE 21 MEDICAL MARKET ESTIMATES & FORECAST, BY REGION, 2019 TO 2030 (USD MILLION) 57
TABLE 22 MEDICAL MARKET ESTIMATES & FORECAST, BY REGION, 2019 TO 2030 (KILO TONS) 57
TABLE 23 OTHERS MARKET ESTIMATES & FORECAST, BY REGION, 2019 TO 2030 (USD MILLION) 58
TABLE 24 OTHERS MARKET ESTIMATES & FORECAST, BY REGION, 2019 TO 2030 (KILO TONS) 58
TABLE 25 GLOBAL SYNTHETIC RUBBER MARKET, BY REGION, 2019 TO 2030 (USD MILLION) 60
TABLE 26 GLOBAL SYNTHETIC RUBBER MARKET, BY REGION, 2019 TO 2030 (KILO TONS) 61
TABLE 27 NORTH AMERICA: GLOBAL SYNTHETIC RUBBER MARKET, BY COUNTRY, 2019 TO 2030 (USD MILLION) 62
TABLE 28 NORTH AMERICA: GLOBAL SYNTHETIC RUBBER MARKET, BY COUNTRY, 2019 TO 2030 (KILO TONS) 62
TABLE 29 NORTH AMERICA: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 62
TABLE 30 NORTH AMERICA: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 63
TABLE 31 NORTH AMERICA: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 63
TABLE 32 NORTH AMERICA: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 64
TABLE 33 US: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 65
TABLE 34 US: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 65
TABLE 35 US: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 66
TABLE 36 US: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 66
TABLE 37 CANADA: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 67
TABLE 38 CANADA: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 67
TABLE 39 CANADA: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 68
TABLE 40 CANADA: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 68
TABLE 41 EUROPE: GLOBAL SYNTHETIC RUBBER MARKET, BY COUNTRY, 2019 TO 2030 (USD MILLION) 69
TABLE 42 EUROPE: GLOBAL SYNTHETIC RUBBER MARKET, BY COUNTRY, 2019 TO 2030 (KILO TONS) 69
TABLE 43 EUROPE: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 70
TABLE 44 EUROPE: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 70
TABLE 45 EUROPE: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 71
TABLE 46 EUROPE: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 71
TABLE 47 GERMANY: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 72
TABLE 48 GERMANY: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 72
TABLE 49 GERMANY: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 73
TABLE 50 GERMANY: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 73
TABLE 51 UK: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 74
TABLE 52 UK: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 74
TABLE 53 UK: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 75
TABLE 54 UK: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 75
TABLE 55 FRANCE: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 76
TABLE 56 FRANCE: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 76
TABLE 57 FRANCE: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 77
TABLE 58 FRANCE: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 77
TABLE 59 SPAIN: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 78
TABLE 60 SPAIN: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 78
TABLE 61 SPAIN: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 79
TABLE 62 SPAIN: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 79
TABLE 63 ITALY: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 80
TABLE 64 ITALY: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 80
TABLE 65 ITALY: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 81
TABLE 66 ITALY: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 81
TABLE 67 RUSSIA: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 82
TABLE 68 RUSSIA: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 82
TABLE 69 RUSSIA: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 83
TABLE 70 RUSSIA: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 83
TABLE 71 REST OF EUROPE: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 84
TABLE 72 REST OF EUROPE: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 84
TABLE 73 REST OF EUROPE: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 85
TABLE 74 REST OF EUROPE: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 85
TABLE 75 ASIA-PACIFIC: GLOBAL SYNTHETIC RUBBER MARKET, BY COUNTRY, 2019 TO 2030 (USD MILLION) 86
TABLE 76 ASIA-PACIFIC: GLOBAL SYNTHETIC RUBBER MARKET, BY COUNTRY, 2019 TO 2030 (KILO TONS) 86
TABLE 77 ASIA-PACIFIC: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 87
TABLE 78 ASIA-PACIFIC: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 87
TABLE 79 ASIA-PACIFIC: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 88
TABLE 80 ASIA-PACIFIC: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 88
TABLE 81 CHINA: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 89
TABLE 82 CHINA: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 89
TABLE 83 CHINA: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 90
TABLE 84 CHINA: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 90
TABLE 85 JAPAN: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 91
TABLE 86 JAPAN: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 91
TABLE 87 JAPAN: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 92
TABLE 88 JAPAN: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 92
TABLE 89 INDIA: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 93
TABLE 90 INDIA: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 93
TABLE 91 INDIA: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 94
TABLE 92 INDIA: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 94
TABLE 93 SOUTH KOREA: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 95
TABLE 94 SOUTH KOREA: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 95
TABLE 95 SOUTH KOREA: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 96
TABLE 96 SOUTH KOREA: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 96
TABLE 97 AUSTRALIA & NEW ZEALAND: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 97
TABLE 98 AUSTRALIA & NEW ZEALAND: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 97
TABLE 99 AUSTRALIA & NEW ZEALAND: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 98
TABLE 100 AUSTRALIA & NEW ZEALAND: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 98
TABLE 101 REST OF ASIA-PACIFIC: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 99
TABLE 102 REST OF ASIA-PACIFIC: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 99
TABLE 103 REST OF ASIA-PACIFIC: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 100
TABLE 104 REST OF ASIA-PACIFIC: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 100
TABLE 105 LATIN AMERICA: GLOBAL SYNTHETIC RUBBER MARKET, BY COUNTRY, 2019 TO 2030 (USD MILLION) 101
TABLE 106 LATIN AMERICA: GLOBAL SYNTHETIC RUBBER MARKET, BY COUNTRY, 2019 TO 2030 (KILO TONS) 101
TABLE 107 LATIN AMERICA: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 102
TABLE 108 LATIN AMERICA: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 102
TABLE 109 LATIN AMERICA: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 103
TABLE 110 LATIN AMERICA: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 103
TABLE 111 BRAZIL: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 104
TABLE 112 BRAZIL: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 104
TABLE 113 BRAZIL: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 105
TABLE 114 BRAZIL: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 105
TABLE 115 MEXICO: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 106
TABLE 116 MEXICO: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 106
TABLE 117 MEXICO: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 107
TABLE 118 MEXICO: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 107
TABLE 119 ARGENTINA: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 108
TABLE 120 ARGENTINA: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 108
TABLE 121 ARGENTINA: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 109
TABLE 122 ARGENTINA: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 109
TABLE 123 REST OF LATIN AMERICA: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 110
TABLE 124 REST OF LATIN AMERICA: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 110
TABLE 125 REST OF LATIN AMERICA: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 111
TABLE 126 REST OF LATIN AMERICA: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 111
TABLE 127 MIDDLE EAST & AFRICA: GLOBAL SYNTHETIC RUBBER MARKET, BY COUNTRY, 2019 TO 2030 (USD MILLION) 112
TABLE 128 MIDDLE EAST & AFRICA: GLOBAL SYNTHETIC RUBBER MARKET, BY COUNTRY, 2019 TO 2030 (KILO TONS) 112
TABLE 129 MIDDLE EAST & AFRICA: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 113
TABLE 130 MIDDLE EAST & AFRICA: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 113
TABLE 131 MIDDLE EAST & AFRICA: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 114
TABLE 132 MIDDLE EAST & AFRICA: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 114
TABLE 133 GCC COUNTRIES: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 115
TABLE 134 GCC COUNTRIES: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 115
TABLE 135 GCC COUNTRIES: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 116
TABLE 136 GCC COUNTRIES: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 116
TABLE 137 TURKEY: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 117
TABLE 138 TURKEY: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 117
TABLE 139 TURKEY: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 118
TABLE 140 TURKEY: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 118
TABLE 141 SOUTH AFRICA: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 119
TABLE 142 SOUTH AFRICA: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 119
TABLE 143 SOUTH AFRICA: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 120
TABLE 144 SOUTH AFRICA: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 120
TABLE 145 REST OF THE MIDDLE EAST & AFRICA: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 121
TABLE 146 REST OF THE MIDDLE EAST & AFRICA: GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 121
TABLE 147 REST OF THE MIDDLE EAST & AFRICA: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 122
TABLE 148 REST OF THE MIDDLE EAST & AFRICA: GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 122
TABLE 149 RECENT DEVELOPMENTS 123
TABLE 150 LANXESS: PRODUCTS OFFERED 128
TABLE 151 KUMHO PETROCHEMICAL CO., LTD: PRODUCTS OFFERED 131
TABLE 152 KUMHO PETROCHEMICAL CO., LTD: KEY DEVELOPMENTS 131
TABLE 153 LG CHEM LTD: PRODUCTS OFFERED 134
TABLE 154 SINOPEC: PRODUCTS OFFERED 137
TABLE 155 VERSALIS SPA: PRODUCTS OFFERED 141
TABLE 156 VERSALIS S.P.A.: KEY DEVELOPMENTS 141
TABLE 157 TSRC CORPORATION: PRODUCTS OFFERED 145
TABLE 158 TSRC CORPORATION: KEY DEVELOPMENTS 145
TABLE 159 ZEON CORPORATION: PRODUCTS OFFERED 147
TABLE 160 GROUP DYNASOL: PRODUCTS OFFERED 149
TABLE 161 GROUP DYNASOL: KEY DEVELOPMENTS 150
TABLE 162 KRATON CORPORATION: PRODUCTS OFFERED 154
TABLE 163 JSR CORPORATION: PRODUCTS OFFERED 158
TABLE 164 JSR CORPORATION: KEY DEVELOPMENTS 158
TABLE 165 PJSC NIZHNEKAMSKNEFTEKHIM: PRODUCTS OFFERED 162
TABLE 166 PJSC NIZHNEKAMSKNEFTEKHIM: KEY DEVELOPMENTS 162
TABLE 167 SIBUR: PRODUCTS OFFERED 166
TABLE 168 SIBUR: KEY DEVELOPMENTS 166
TABLE 169 THE GOODYEAR TIRE & RUBBER COMPANY: PRODUCTS OFFERED 170
TABLE 170 TRINSEO: PRODUCTS OFFERED 173
TABLE 171 TRINSEO: KEY DEVELOPMENTS 174
TABLE 172 PETROCHINA: PRODUCTS OFFERED 176
LIST OF FIGURES
FIGURE 1 MARKET SYNOPSIS 18
FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL SYNTHETIC RUBBER MARKET, 2021 19
FIGURE 3 GLOBAL SYNTHETIC RUBBER MARKET ANALYSIS BY TYPE 20
FIGURE 4 GLOBAL SYNTHETIC RUBBER MARKET ANALYSIS BY APPLICATION 21
FIGURE 5 GLOBAL SYNTHETIC RUBBER MARKET ANALYSIS BY REGION 22
FIGURE 6 GLOBAL SYNTHETIC RUBBER MARKET: MARKET STRUCTURE 24
FIGURE 7 RESEARCH PROCESS OF MRFR 25
FIGURE 8 MARKET DYNAMICS OVERVIEW 32
FIGURE 9 PASSENGER CAR/LIGHT TRUCK TIRE COMPOSITION 33
FIGURE 10 WORLD CONSTRUCTION SPENDING (2016-2021) 34
FIGURE 11 DRIVERS IMPACT ANALYSIS 35
FIGURE 12 RESTRAINTS IMPACT ANALYSIS 36
FIGURE 13 CRUDE OIL PRICE FLUCTUATIONS, WTI 38
FIGURE 14 SUPPLY CHAIN ANALYSIS FOR GLOBAL SYNTHETIC RUBBER MARKET 39
FIGURE 15 PRODUCTION OF SYNTHETIC RUBBER 40
FIGURE 16 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL SYNTHETIC RUBBER MARKET 42
FIGURE 17 SYNTHETIC RUBBER PRICE INDEX (2016-2018) 44
FIGURE 18 GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (USD MILLION) 46
FIGURE 19 GLOBAL SYNTHETIC RUBBER MARKET, BY TYPE, 2019 TO 2030 (KILO TONS) 47
FIGURE 20 GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 53
FIGURE 21 GLOBAL SYNTHETIC RUBBER MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 54
FIGURE 22 GLOBAL SYNTHETIC RUBBER MARKET, BY REGION, 2019 TO 2030 (USD MILLION) 60
FIGURE 23 GLOBAL SYNTHETIC RUBBER MARKET, BY REGION, 2019 TO 2030 (KILO TONS) 61
FIGURE 24 COMPETITIVE BENCHMARKING 125
FIGURE 25 LANXESS: FINANCIAL OVERVIEW 128
FIGURE 26 LANXESS: SWOT ANALYSIS 129
FIGURE 27 KUMHO PETROCHEMICAL CO., LTD: FINANCIAL OVERVIEW SNAPSHOT 130
FIGURE 28 KUMHO PETROCHEMICAL CO., LTD: SWOT ANALYSIS 132
FIGURE 29 LG CHEM LTD: FINANCIAL OVERVIEW SNAPSHOT 133
FIGURE 30 LG CHEM LTD: SWOT ANALYSIS 134
FIGURE 31 SINOPEC: FINANCIAL OVERVIEW SNAPSHOT 136
FIGURE 32 SINOPEC: SWOT ANALYSIS 138
FIGURE 33 VERSALIS SPA: FINANCIAL OVERVIEW SNAPSHOT 140
FIGURE 34 VERSALIS SPA: SWOT ANALYSIS 142
FIGURE 35 TSRC CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 144
FIGURE 36 TSRC CORPORATION: SWOT ANALYSIS 146
FIGURE 37 ZEON CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 147
FIGURE 38 ZEON CORPORATION: SWOT ANALYSIS 148
FIGURE 39 GROUP DYNASOL: SWOT ANALYSIS 151
FIGURE 40 KRATON CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 153
FIGURE 41 KRATON CORPORATION: SWOT ANALYSIS 155
FIGURE 42 JSR CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 157
FIGURE 43 JSR CORPORATION: SWOT ANALYSIS 159
FIGURE 44 PJSC NIZHNEKAMSKNEFTEKHIM: FINANCIAL OVERVIEW SNAPSHOT 161
FIGURE 45 PJSC NIZHNEKAMSKNEFTEKHIM: SWOT ANALYSIS 163
FIGURE 46 SIBUR: FINANCIAL OVERVIEW SNAPSHOT 165
FIGURE 47 SIBUR: SWOT ANALYSIS 167
FIGURE 48 THE GOODYEAR TIRE & RUBBER COMPANY: FINANCIAL OVERVIEW SNAPSHOT 169
FIGURE 49 THE GOODYEAR TIRE & RUBBER COMPANY: SWOT ANALYSIS 171
FIGURE 50 TRINSEO: FINANCIAL OVERVIEW SNAPSHOT 173
FIGURE 51 TRINSEO: SWOT ANALYSIS 174
FIGURE 52 PETROCHINA: FINANCIAL OVERVIEW SNAPSHOT 176
FIGURE 53 PETROCHINA: SWOT ANALYSIS 177
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