Synthetic Rubber Market Opportunities, Company Analysis And Forecast To 2023

1. Transparency Market Research Synthetic Rubber (SBR, BR, EPDM, NBR, and Others) Market for Tires, Industrial Goods, Footwear, and Other End-users - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023 Published Date 2015-07-16 212 Page Report Request Sample Buy Now Press Release Synthetic Rubber Market is Expected to Reach US$ 45,767.1 Mn by 2023 Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com

2. Synthetic Rubber Market REPORT DESCRIPTION Global Synthetic Rubber Market: Snapshot The synthetic rubber market is projected to witness a healthy growth across the globe. As synthetic rubbers are considered as a substitute for natural rubber, owing to which the application areas are estimated to rise throughout the forecast period. In addition, the insatiable prices of natural rubber is another major factor encouraging consumers to shift from natural rubber to synthetic rubber across the globe. In addition, the introduction of the bio-based feedstock is predicted to act as a key opportunity for the key players operating in the global synthetic rubber market in the forecast period. This 212-page report gives readers a comprehensive overview of the Synthetic Rubber market. Browse through 192 data tables and 25 figures to unlock the hidden opportunities in this market. http://www.transparencymarketresearch.com/synthetic- rubber-market.html According to the research study, in 2014, the global synthetic rubber market was worth US$29,121.2 mn and is expected to reach a value of US$45,767.1 mn by the end of 2023. The market is anticipated to register a healthy 5.10% CAGR between 2015 and 2023. Booming Construction Industry to Bolster Global Synthetic Rubber Market 2 Transparency Market Research

3. Synthetic Rubber Market The rising demand for synthetic rubber from the automotive sector is the key factor estimated to encourage the growth of the global synthetic rubber market throughout the forecast period. The robust increase in the number of cars and commercial vehicles is predicted to accelerate the growth of the market in the coming years. In addition, the development of the footwear market is anticipated to generate promising growth in the next few years. On the other hand, the rising substitution of synthetic rubber by natural rubber is projected to hamper the growth of the global synthetic rubber market. Moreover, the oversupply owing to the consistent capacity additions is anticipated to restrict the market’s growth in the coming few years. The global market for synthetic rubbers has been classified on the basis of end use into industrial goods, tires, footwear, asphalt overlay, adhesives, and tires. The advancements in the technology is anticipated to fuel the growth of the market in the next few years. Among these segments, the tires segment if projected to witness a progressive growth throughout the forecast period with a key share of the overall market. Get accurate market forecast and analysis on the Synthetic Rubber market. Request a sample to stay abreast on the key trends impacting this market @ http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=1192 Asia Pacific to Remain in Leading Position in Global Synthetic Rubber Market Among the key regional segments, in the last few years, Asia Pacific led the global synthetic rubber market. This region is projected to register a progressive growth and remain in the leading position throughout the forecast period. The growing demand for tires in the automotive sector is one of the major factors encouraging the growth of the Asia Pacific market. In addition, 3 Transparency Market Research

4. Synthetic Rubber Market the tremendous rise in the consumption of synthetic rubber in India, China, and ASEAN region is expected to accelerate the development of the market in the near future. The increasing popularity of green tires is anticipated to contribute towards the development of the market in the near future. On the other hand, the Middle East and Africa market is anticipated to grow at a moderate pace in the next few years. The high development of the construction industry is predicted to accelerate the growth of this market across the forecast period. Furthermore, North America is likely to register a steady growth, owing to the healthy recovery from the economic slowdown. In addition, a significant growth in the construction and automotive sectors is estimated to contribute widely towards the development of the market in the next few years. Some of the key players operating in the synthetic rubber market across the globe are Versalis S.p.A., Asahi Kasei Corporation, KUMHO PETROCHEMICAL, DuPont, The Dow Chemical Company, Sumitomo Chemical Co., Ltd., China National Petroleum Corporation (CNPC), Dynasol Elastomers, LANXESS AG, TSRC Corporation, ExxonMobil Corporation (ExxonMobil), and China Petroleum & Chemical Corporation. About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business 4 Transparency Market Research

5. Synthetic Rubber Market offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/ 5 Transparency Market Research