Mumbai, Maharashtra -- (SBWire) -- 08/23/2017 --The new research report on Synthetic Rubber Market offered by DecisionDatabases.com provides Global Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2023. Synthetic rubber is a polymeric component synthetically prepared from petroleum monomers. Synthetic rubber undergoes deformation very easily as compared to other polymers and thus has a wide range of end- user applications. Synthetic rubber is used in end-user applications like footwear, automobile tires, adhesives, rubber coatings, construction, machinery parts, sealants, hoses and others.
Synthetic rubber along with several applications also has some beneficial properties. It can be molded into desired shape and size and have several benefits over natural rubber. Products segment the global synthetic rubber into ethyleneâ€"propylene (EPDM), nitrile butadiene rubber (NBR), styrene butadiene rubber (SBR), polybutadiene (BR) and others (IIR, CR, TPR, ABS, etc.) Based on end-use global synthetic rubber is classified as industrial goods, footwear, tires and others (Adhesives, Asphalt Overlay, Etc.). Styrene butadiene rubber is the most popularly used product with wide range of industrial uses.
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Increase in the demand for vehicles surges market growth of automobile and in turn facilitates rapid growth of global synthetic rubber market. Synthetic rubber has many benefits over natural rubber and is cost effective yet efficient as compared to natural rubber. These factors significantly empower the growth of this market. Other applications are expected to augment market growth of synthetic rubber for the forecast.
The report covers following company profiles (can be customized as per requirement):
> Exxon Mobil Corporation
> Kumho Petrochemical
> Lanxess AG
> Sumitomo Chemical Co. Ltd.
> TSRC Corporation
> The Dow Chemical Company
> Versalis S.p.A.
> Asahi Kasei Corporation
> China National Petroleum Corporation (CNPC)
> China Petroleum & Chemical Corporation (Sinopec Corporation)
> Dynasol Elastomers SA
> DuPont
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Geographically, global synthetic rubber market is segmented as Europe, Asia Pacific, North America, Latin America and Middle East and Africa. Asia Pacific is geography wise the most dominant region of this market. Ever increasing population in India and China and demand for vehicles in these region support market growth of Asia Pacific. Europe and North America are developed economies with mature markets and expected to show substantial growth for the forecast.
Table Of Contents - Overview
1. Introduction
2. Executive Summary
3. Market Analysis Of Synthetic Rubber
4. Synthetic Rubber Market Analysis By Product
5. Synthetic Rubber Market Analysis By End-Use
6. Synthetic Rubber Market Analysis By Region
7. Competitive Landscape Of Synthetic Rubber Companies
8. Company Profiles Of Synthetic Rubber Industry
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Synthetic Rubber Market : Industry Research Report 2016-2023 Latest Added by DecisionDatabases
DecisionDatabases.com offers Synthetic Rubber Market Research Report. This Report covers the complete Industry Outlook, Growth, Size, Share and Forecast Till 2023.