Synthetic Rubber Market Research and Forecast Report 2023-2028

1. Global Synthetic Rubber Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Synthetic Rubber Market Research Report: The latest report by IMARC, titled “Synthetic Rubber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” " the global synthetic rubber market size reached US$ 32.0 Billion in 2022. Synthetic rubber is an artificial elastomer that mimics the properties of a natural rubber. It comprises a wide variety of rubber materials, such as neoprene, Buna rubbers, polyisoprene, styrene-butadiene rubbers, and silicones. It is manufactured using petroleum byproducts that contain several additives like sulfur, zinc oxide, carbon black, and silica. It can be toughened by vulcanization and improved and modified for special purposes by reinforcement with other materials. It is widely utilized in the manufacturing of vehicular tires, golf ball cores, and plastic compounds. Besides this, it is also employed in the production of shoe soles, gaskets, and coatings. Request market/requestsample Free Sample Report: https://www.imarcgroup.com/synthetic-rubber-

4. Report Description and Highlights Report Description Global Synthetic Rubber Market Trends: At present, the increasing demand for synthetic rubbers, as they are abrasion resistant, durable, and long-lasting, represents one of the major factors strengthening the growth of the market. Besides this, their rising utilization for insulation of electrical devices due to their flame-resistant properties are contributing to the growth of the market. In addition, the growing purchase of electric vehicles (EVs), as they are sustainable and prevent the over-expenditure of fossil fuels, is offering a favorable market outlook. Apart from this, the increasing employment of synthetic rubbers in manufacturing conveyor belts, industrial mats, wires, and cables is supporting the growth of the market. Additionally, the rising demand for green tires with low rolling resistance and better-wet grip is bolstering the growth of the market. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 39.8 Billion by 2028, exhibiting a CAGR of 3.52% during 2023-2028. Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

5. Report Description and Highlights Report Description Market Summary: Breakup by Type: • Styrene Butadiene Rubber • Ethylene Propylene Diene Rubber • Polyisoprene • Polybutadiene Rubber • Isobutylene Isoprene Rubber • Others Breakup by Form: • Liquid Synthetic Rubber • Solid Synthetic Rubber Breakup by Application: • Tire and Tire Component • Non-Tire Automobile Application • Footwear • Industrial Goods • Others

6. Report Description and Highlights Report Description Breakup by Region: • North America • United States • Canada • Asia-Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others • Europe • Germany • France • United Kingdom • Italy • Spain • Russia

7. Report Description and Highlights Report Description • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa

8. Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • • • • • Apcotex Industries Limited Asahi Kasei Corporation China Petrochemical Corporation Denka Company Limited Exxon Mobil Corporation JSR Corporation Kumho Petrochemical Co. Ltd. Lanxess AG LG Chem Ltd. PJSC Nizhnekamskneftekhim Reliance Industries Limited Saudi Basic Industries Corporation (Saudi Arabian Oil Co.) The Goodyear Tire & Rubber Company TSRC Corporation Zeon Corporation. View Full Report with TOC & List of Figure: https://www.imarcgroup.com/synthetic-rubber-market

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10. We are the trusted business partners to the world's leading corporates, governments, and institutions Partial List of Clients A partial List of our Clients

11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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