Key Insights
The global synthetic rubber market, valued at $33.48 billion in 2025, is projected to experience robust growth, driven by increasing demand from the automotive and tire industries. A compound annual growth rate (CAGR) of 4.21% from 2025 to 2033 indicates a significant market expansion, reaching an estimated $48 billion by 2033. Key growth drivers include the rising production of vehicles globally, particularly in developing economies, and the increasing demand for high-performance tires. Furthermore, the growing adoption of synthetic rubber in various non-tire applications, such as footwear, industrial goods, and construction materials, further contributes to market expansion. While supply chain disruptions and fluctuating raw material prices pose challenges, technological advancements in synthetic rubber production and the development of sustainable and eco-friendly alternatives are expected to mitigate these restraints. The market is segmented by type (Styrene Butadiene Rubber (SBR), Ethylene Propylene Diene Rubber (EPDM), Polyisoprene (IR), Polybutadiene Rubber (BR), Isobutylene Isoprene Rubber (IIR), and Others) and application (Tires & Tire Components, Non-tire Automobile Applications, Footwear, Industrial Goods, and Others). Major players like Versalis, Goodyear, Synthos, and others dominate the landscape, with intense competition and strategic partnerships shaping market dynamics. Regional analysis reveals strong growth potential in Asia-Pacific, driven by burgeoning automotive production in China and India.
Synthetic Rubber Industry Market Size (In Billion)
The competitive landscape is characterized by both established players and emerging companies constantly innovating to improve product quality, expand their product portfolio, and cater to specific market needs. The increasing focus on sustainability is pushing manufacturers to develop bio-based synthetic rubbers and explore recycling technologies. Government regulations concerning emissions and environmental protection are also influencing the adoption of more environmentally friendly synthetic rubber materials. This demand for sustainable solutions coupled with continuous improvements in product performance will fuel market growth across all segments and regions. Long-term projections indicate a consistent expansion, fueled by rising global infrastructure development and increasing consumer demand for durable goods. However, the industry must actively address the challenges of raw material volatility and sustainability concerns to ensure its continued success.
Synthetic Rubber Industry Company Market Share
Synthetic Rubber Industry: A Comprehensive Market Report (2019-2033)
This in-depth report provides a comprehensive analysis of the global synthetic rubber industry, covering market size, segmentation, competitive landscape, and future growth projections from 2019 to 2033. The report leverages extensive primary and secondary research to deliver actionable insights for industry stakeholders, including manufacturers, suppliers, distributors, and investors. With a focus on key segments like Styrene Butadiene Rubber (SBR), Ethylene Propylenediene Rubber (EPDM), and major applications in tires and automotive sectors, this report is an essential resource for navigating the dynamic landscape of the synthetic rubber market. The Base Year is 2025, and the Estimated Year is 2025, with the Forecast Period spanning 2025-2033 and the Historical Period encompassing 2019-2024.
Synthetic Rubber Industry Market Concentration & Innovation
The synthetic rubber industry exhibits a moderately concentrated market structure, with several major players holding significant market share. Key players like Versalis S.p.A, The Goodyear Tire & Rubber Company, Synthos, China Petrochemical Corporation, Exxon Mobil Corporation, Mitsubishi Chemical Corporation, Reliance Industries Limited, ENEOS Corporation, LANXESS, SIBUR, SABIC, LG Chem, Saudi Arabian Oil Co, Dow, Apcotex, Kumho Petrochemical, and TSRC drive innovation through continuous product development and expansion of production capacities. Market share is dynamic, with ongoing mergers and acquisitions (M&A) influencing the competitive landscape. Recent M&A activity, including Aramco's USD 2.65 Billion acquisition of Valvoline Inc. in March 2023, reflects a significant shift in the industry's consolidation efforts. The total value of M&A deals in the industry during the study period is estimated to be xx Million.
- Innovation Drivers: Focus on sustainable materials (eco-SSBR), development of high-performance rubbers (NdBR, LiBR), and advancements in production technologies are key innovation drivers.
- Regulatory Frameworks: Environmental regulations concerning emissions and waste disposal significantly influence production processes and material choices.
- Product Substitutes: The industry faces competition from natural rubber, but synthetic rubber often offers superior performance characteristics and cost-effectiveness.
- End-User Trends: The growing demand for high-performance tires, automotive parts, and industrial goods fuels the market's expansion.
Synthetic Rubber Industry Industry Trends & Insights
The global synthetic rubber market is projected to experience significant growth during the forecast period (2025-2033). The Compound Annual Growth Rate (CAGR) is estimated to be xx%, driven primarily by the increasing demand from the automotive and tire industries. Market penetration in emerging economies is also expected to increase significantly, particularly in Asia-Pacific. Technological disruptions, including the adoption of advanced manufacturing technologies and sustainable materials, are shaping the industry's future. Consumer preferences for fuel-efficient vehicles and environmentally friendly products further influence market dynamics. The competitive landscape is characterized by intense rivalry, with companies focusing on product differentiation, cost optimization, and strategic partnerships.
Dominant Markets & Segments in Synthetic Rubber Industry
- Dominant Region: Asia-Pacific holds the largest market share, driven by robust automotive production and significant infrastructure development.
- Dominant Country: China is the leading country due to its vast automotive sector and expanding industrial base.
- Dominant Type: Styrene Butadiene Rubber (SBR) accounts for a significant portion of the market due to its wide applications in tire manufacturing.
- Dominant Application: The tire and tire components segment is the most dominant application, fueled by the expanding global automotive industry.
Key Drivers:
- Asia-Pacific: Rapid economic growth, increasing urbanization, and expanding automotive industries contribute to high demand.
- China: Massive automotive production, robust infrastructure development, and government support for industrial growth are major drivers.
- SBR: Cost-effectiveness, excellent performance, and widespread applications in tires make it a dominant type.
- Tires and Tire Components: The automotive sector's expansion globally drives this segment's dominance.
Synthetic Rubber Industry Product Developments
Recent innovations focus on eco-friendly materials like eco-SSBR, which reduces environmental impact while maintaining performance. The development of high-performance rubbers such as NdBR and LiBR caters to the demand for advanced automotive applications. Companies are continuously enhancing production technologies to achieve better efficiency, reduce costs, and minimize environmental impact. These advancements contribute to a competitive advantage by providing superior products and reducing the total cost of ownership.
Report Scope & Segmentation Analysis
This report segments the synthetic rubber market by type (SBR, EPDM, IR, BR, IIR, Other Types) and application (Tire and Tire Components, Non-tire Automobile Applications, Footwear, Industrial Goods, Other Applications). Each segment's market size, growth projections, and competitive dynamics are analyzed in detail. For example, the SBR segment is expected to witness steady growth driven by the rising demand for tires, while the EPDM segment is projected to benefit from growth in the automotive and construction industries. The forecast period (2025-2033) projects xx Million growth across all segments. Market dynamics differ across applications; for instance, the tire segment shows higher demand than footwear, impacting pricing and competition.
Key Drivers of Synthetic Rubber Industry Growth
The industry's growth is primarily propelled by the booming automotive sector, particularly in developing countries. Government policies promoting infrastructure development and economic growth also contribute to increased demand. Technological advancements, such as the development of eco-friendly materials and enhanced production processes, are also key factors driving expansion. The increasing focus on sustainability and environmental regulations is influencing product development and market trends.
Challenges in the Synthetic Rubber Industry Sector
Fluctuations in raw material prices, particularly crude oil, pose a significant challenge to manufacturers. Stringent environmental regulations impose compliance costs, potentially affecting profitability. Intense competition among established players and the emergence of new entrants present a challenge for maintaining market share. Supply chain disruptions, especially those related to geopolitical events, can lead to production delays and increased costs. The estimated impact of these challenges on industry profitability is predicted to be xx Million annually.
Emerging Opportunities in Synthetic Rubber Industry
The demand for sustainable and bio-based synthetic rubber presents a significant opportunity for growth. The development of specialized rubbers for advanced applications, including aerospace and medical devices, offers further expansion avenues. Expanding into new geographical markets, particularly in developing countries, presents opportunities for increased market penetration. Collaboration and strategic partnerships with technology providers and end-users can enable faster innovation and market access.
Leading Players in the Synthetic Rubber Industry Market
- Versalis S p A
- The Goodyear Tire & Rubber Company
- Synthos
- China Petrochemical Corporation
- Exxon Mobil Corporation
- Mitsubishi Chemical Corporation
- Reliance Industries Limited
- ENEOS Corporation
- LANXESS
- SIBUR
- SABIC
- LG Chem
- Saudi Arabian Oil Co
- Dow
- Apcotex
- Kumho Petrochemical
- TSRC
Key Developments in Synthetic Rubber Industry Industry
- December 2023: SIBUR upgrades HBR capacity by 50 kilotons (USD 85.5 Million investment).
- May 2023: Arlanxeo plans a new rubber production plant in Jubail, Saudi Arabia (140,000 metric tons annual capacity).
- May 2023: Hankook Tire and Kumho Petrochemical collaborate on eco-SSBR.
- April 2023: Sinopec launches SBC production in Hainan, China (170,000 tons annual capacity).
- March 2023: Saudi Aramco acquires Valvoline Inc. for USD 2.65 Billion.
- December 2022: Kumho Petrochemical plans to expand SSBR capacity to 123 kilotons.
Strategic Outlook for Synthetic Rubber Industry Market
The future of the synthetic rubber industry is bright, driven by the continuous growth of the automotive and tire industries, the adoption of sustainable materials, and technological advancements. New applications in emerging sectors, along with strategic collaborations and investments in research and development, will further propel market growth. The focus on sustainable materials and circular economy principles will shape the industry's long-term strategic direction. Expanding into emerging economies and capitalizing on the growing demand for high-performance rubbers will be crucial for success.
Synthetic Rubber Industry Segmentation
-
1. Type
- 1.1. Styrene Butadiene Rubber (SBR)
- 1.2. Ethylene Propylenediene Rubber (EPDM)
- 1.3. Polyisoprene (IR)
- 1.4. Polybutadiene Rubber (BR)
- 1.5. Isobutylene Isoprene Rubber (IIR)
- 1.6. Other Types
-
2. Application
- 2.1. Tire and Tire Components
- 2.2. Non-tire Automobile Applications
- 2.3. Footwear
- 2.4. Industrial Goods
- 2.5. Other Applications
Synthetic Rubber Industry Segmentation By Geography
-
1. Asia Pacific
- 1.1. China
- 1.2. India
- 1.3. Japan
- 1.4. South Korea
- 1.5. Malaysia
- 1.6. Thailand
- 1.7. Vietnam
- 1.8. Indonesia
- 1.9. Rest of Asia Pacific
-
2. North America
- 2.1. United States
- 2.2. Canada
- 2.3. Mexico
-
3. Europe
- 3.1. Germany
- 3.2. United Kingdom
- 3.3. France
- 3.4. Italy
- 3.5. Spain
- 3.6. Russia
- 3.7. NORDIC
- 3.8. Turkey
- 3.9. Rest of Europe
-
4. South America
- 4.1. Brazil
- 4.2. Argentina
- 4.3. Colombia
- 4.4. Rest of South America
-
5. Middle East and Africa
- 5.1. Saudi Arabia
- 5.2. South Africa
- 5.3. United Arab Emirates
- 5.4. Nigeria
- 5.5. Qatar
- 5.6. Egypt
- 5.7. Rest of Middle East and Africa
Synthetic Rubber Industry Regional Market Share
Geographic Coverage of Synthetic Rubber Industry
Synthetic Rubber Industry REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 4.21% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increasing Demand from Rising Sales of Electric Vehicles; Other Drivers
- 3.3. Market Restrains
- 3.3.1. Replacement of Rubber by Polyurethanes in Some Applications; Other Restraints
- 3.4. Market Trends
- 3.4.1. Increasing Demand From Tire and Tire Components
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Synthetic Rubber Industry Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Styrene Butadiene Rubber (SBR)
- 5.1.2. Ethylene Propylenediene Rubber (EPDM)
- 5.1.3. Polyisoprene (IR)
- 5.1.4. Polybutadiene Rubber (BR)
- 5.1.5. Isobutylene Isoprene Rubber (IIR)
- 5.1.6. Other Types
- 5.2. Market Analysis, Insights and Forecast - by Application
- 5.2.1. Tire and Tire Components
- 5.2.2. Non-tire Automobile Applications
- 5.2.3. Footwear
- 5.2.4. Industrial Goods
- 5.2.5. Other Applications
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. Asia Pacific
- 5.3.2. North America
- 5.3.3. Europe
- 5.3.4. South America
- 5.3.5. Middle East and Africa
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. Asia Pacific Synthetic Rubber Industry Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by Type
- 6.1.1. Styrene Butadiene Rubber (SBR)
- 6.1.2. Ethylene Propylenediene Rubber (EPDM)
- 6.1.3. Polyisoprene (IR)
- 6.1.4. Polybutadiene Rubber (BR)
- 6.1.5. Isobutylene Isoprene Rubber (IIR)
- 6.1.6. Other Types
- 6.2. Market Analysis, Insights and Forecast - by Application
- 6.2.1. Tire and Tire Components
- 6.2.2. Non-tire Automobile Applications
- 6.2.3. Footwear
- 6.2.4. Industrial Goods
- 6.2.5. Other Applications
- 6.1. Market Analysis, Insights and Forecast - by Type
- 7. North America Synthetic Rubber Industry Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by Type
- 7.1.1. Styrene Butadiene Rubber (SBR)
- 7.1.2. Ethylene Propylenediene Rubber (EPDM)
- 7.1.3. Polyisoprene (IR)
- 7.1.4. Polybutadiene Rubber (BR)
- 7.1.5. Isobutylene Isoprene Rubber (IIR)
- 7.1.6. Other Types
- 7.2. Market Analysis, Insights and Forecast - by Application
- 7.2.1. Tire and Tire Components
- 7.2.2. Non-tire Automobile Applications
- 7.2.3. Footwear
- 7.2.4. Industrial Goods
- 7.2.5. Other Applications
- 7.1. Market Analysis, Insights and Forecast - by Type
- 8. Europe Synthetic Rubber Industry Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by Type
- 8.1.1. Styrene Butadiene Rubber (SBR)
- 8.1.2. Ethylene Propylenediene Rubber (EPDM)
- 8.1.3. Polyisoprene (IR)
- 8.1.4. Polybutadiene Rubber (BR)
- 8.1.5. Isobutylene Isoprene Rubber (IIR)
- 8.1.6. Other Types
- 8.2. Market Analysis, Insights and Forecast - by Application
- 8.2.1. Tire and Tire Components
- 8.2.2. Non-tire Automobile Applications
- 8.2.3. Footwear
- 8.2.4. Industrial Goods
- 8.2.5. Other Applications
- 8.1. Market Analysis, Insights and Forecast - by Type
- 9. South America Synthetic Rubber Industry Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by Type
- 9.1.1. Styrene Butadiene Rubber (SBR)
- 9.1.2. Ethylene Propylenediene Rubber (EPDM)
- 9.1.3. Polyisoprene (IR)
- 9.1.4. Polybutadiene Rubber (BR)
- 9.1.5. Isobutylene Isoprene Rubber (IIR)
- 9.1.6. Other Types
- 9.2. Market Analysis, Insights and Forecast - by Application
- 9.2.1. Tire and Tire Components
- 9.2.2. Non-tire Automobile Applications
- 9.2.3. Footwear
- 9.2.4. Industrial Goods
- 9.2.5. Other Applications
- 9.1. Market Analysis, Insights and Forecast - by Type
- 10. Middle East and Africa Synthetic Rubber Industry Analysis, Insights and Forecast, 2020-2032
- 10.1. Market Analysis, Insights and Forecast - by Type
- 10.1.1. Styrene Butadiene Rubber (SBR)
- 10.1.2. Ethylene Propylenediene Rubber (EPDM)
- 10.1.3. Polyisoprene (IR)
- 10.1.4. Polybutadiene Rubber (BR)
- 10.1.5. Isobutylene Isoprene Rubber (IIR)
- 10.1.6. Other Types
- 10.2. Market Analysis, Insights and Forecast - by Application
- 10.2.1. Tire and Tire Components
- 10.2.2. Non-tire Automobile Applications
- 10.2.3. Footwear
- 10.2.4. Industrial Goods
- 10.2.5. Other Applications
- 10.1. Market Analysis, Insights and Forecast - by Type
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2025
- 11.2. Company Profiles
- 11.2.1 Versalis S p A
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 The Goodyear Tire & Rubber Company
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Synthos
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 China Petrochemical Corporation
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Exxon Mobil Corporation
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Mitsubishi Chemical Corporation
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Reliance Industries Limited
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 ENEOS Corporation
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 LANXESS
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 SIBUR
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.11 SABIC
- 11.2.11.1. Overview
- 11.2.11.2. Products
- 11.2.11.3. SWOT Analysis
- 11.2.11.4. Recent Developments
- 11.2.11.5. Financials (Based on Availability)
- 11.2.12 LG Chem
- 11.2.12.1. Overview
- 11.2.12.2. Products
- 11.2.12.3. SWOT Analysis
- 11.2.12.4. Recent Developments
- 11.2.12.5. Financials (Based on Availability)
- 11.2.13 Saudi Arabian Oil Co
- 11.2.13.1. Overview
- 11.2.13.2. Products
- 11.2.13.3. SWOT Analysis
- 11.2.13.4. Recent Developments
- 11.2.13.5. Financials (Based on Availability)
- 11.2.14 Dow
- 11.2.14.1. Overview
- 11.2.14.2. Products
- 11.2.14.3. SWOT Analysis
- 11.2.14.4. Recent Developments
- 11.2.14.5. Financials (Based on Availability)
- 11.2.15 Apcotex
- 11.2.15.1. Overview
- 11.2.15.2. Products
- 11.2.15.3. SWOT Analysis
- 11.2.15.4. Recent Developments
- 11.2.15.5. Financials (Based on Availability)
- 11.2.16 Kumho Petrochemical
- 11.2.16.1. Overview
- 11.2.16.2. Products
- 11.2.16.3. SWOT Analysis
- 11.2.16.4. Recent Developments
- 11.2.16.5. Financials (Based on Availability)
- 11.2.17 TSRC
- 11.2.17.1. Overview
- 11.2.17.2. Products
- 11.2.17.3. SWOT Analysis
- 11.2.17.4. Recent Developments
- 11.2.17.5. Financials (Based on Availability)
- 11.2.1 Versalis S p A
List of Figures
- Figure 1: Global Synthetic Rubber Industry Revenue Breakdown (Million, %) by Region 2025 & 2033
- Figure 2: Global Synthetic Rubber Industry Volume Breakdown (K Tons, %) by Region 2025 & 2033
- Figure 3: Asia Pacific Synthetic Rubber Industry Revenue (Million), by Type 2025 & 2033
- Figure 4: Asia Pacific Synthetic Rubber Industry Volume (K Tons), by Type 2025 & 2033
- Figure 5: Asia Pacific Synthetic Rubber Industry Revenue Share (%), by Type 2025 & 2033
- Figure 6: Asia Pacific Synthetic Rubber Industry Volume Share (%), by Type 2025 & 2033
- Figure 7: Asia Pacific Synthetic Rubber Industry Revenue (Million), by Application 2025 & 2033
- Figure 8: Asia Pacific Synthetic Rubber Industry Volume (K Tons), by Application 2025 & 2033
- Figure 9: Asia Pacific Synthetic Rubber Industry Revenue Share (%), by Application 2025 & 2033
- Figure 10: Asia Pacific Synthetic Rubber Industry Volume Share (%), by Application 2025 & 2033
- Figure 11: Asia Pacific Synthetic Rubber Industry Revenue (Million), by Country 2025 & 2033
- Figure 12: Asia Pacific Synthetic Rubber Industry Volume (K Tons), by Country 2025 & 2033
- Figure 13: Asia Pacific Synthetic Rubber Industry Revenue Share (%), by Country 2025 & 2033
- Figure 14: Asia Pacific Synthetic Rubber Industry Volume Share (%), by Country 2025 & 2033
- Figure 15: North America Synthetic Rubber Industry Revenue (Million), by Type 2025 & 2033
- Figure 16: North America Synthetic Rubber Industry Volume (K Tons), by Type 2025 & 2033
- Figure 17: North America Synthetic Rubber Industry Revenue Share (%), by Type 2025 & 2033
- Figure 18: North America Synthetic Rubber Industry Volume Share (%), by Type 2025 & 2033
- Figure 19: North America Synthetic Rubber Industry Revenue (Million), by Application 2025 & 2033
- Figure 20: North America Synthetic Rubber Industry Volume (K Tons), by Application 2025 & 2033
- Figure 21: North America Synthetic Rubber Industry Revenue Share (%), by Application 2025 & 2033
- Figure 22: North America Synthetic Rubber Industry Volume Share (%), by Application 2025 & 2033
- Figure 23: North America Synthetic Rubber Industry Revenue (Million), by Country 2025 & 2033
- Figure 24: North America Synthetic Rubber Industry Volume (K Tons), by Country 2025 & 2033
- Figure 25: North America Synthetic Rubber Industry Revenue Share (%), by Country 2025 & 2033
- Figure 26: North America Synthetic Rubber Industry Volume Share (%), by Country 2025 & 2033
- Figure 27: Europe Synthetic Rubber Industry Revenue (Million), by Type 2025 & 2033
- Figure 28: Europe Synthetic Rubber Industry Volume (K Tons), by Type 2025 & 2033
- Figure 29: Europe Synthetic Rubber Industry Revenue Share (%), by Type 2025 & 2033
- Figure 30: Europe Synthetic Rubber Industry Volume Share (%), by Type 2025 & 2033
- Figure 31: Europe Synthetic Rubber Industry Revenue (Million), by Application 2025 & 2033
- Figure 32: Europe Synthetic Rubber Industry Volume (K Tons), by Application 2025 & 2033
- Figure 33: Europe Synthetic Rubber Industry Revenue Share (%), by Application 2025 & 2033
- Figure 34: Europe Synthetic Rubber Industry Volume Share (%), by Application 2025 & 2033
- Figure 35: Europe Synthetic Rubber Industry Revenue (Million), by Country 2025 & 2033
- Figure 36: Europe Synthetic Rubber Industry Volume (K Tons), by Country 2025 & 2033
- Figure 37: Europe Synthetic Rubber Industry Revenue Share (%), by Country 2025 & 2033
- Figure 38: Europe Synthetic Rubber Industry Volume Share (%), by Country 2025 & 2033
- Figure 39: South America Synthetic Rubber Industry Revenue (Million), by Type 2025 & 2033
- Figure 40: South America Synthetic Rubber Industry Volume (K Tons), by Type 2025 & 2033
- Figure 41: South America Synthetic Rubber Industry Revenue Share (%), by Type 2025 & 2033
- Figure 42: South America Synthetic Rubber Industry Volume Share (%), by Type 2025 & 2033
- Figure 43: South America Synthetic Rubber Industry Revenue (Million), by Application 2025 & 2033
- Figure 44: South America Synthetic Rubber Industry Volume (K Tons), by Application 2025 & 2033
- Figure 45: South America Synthetic Rubber Industry Revenue Share (%), by Application 2025 & 2033
- Figure 46: South America Synthetic Rubber Industry Volume Share (%), by Application 2025 & 2033
- Figure 47: South America Synthetic Rubber Industry Revenue (Million), by Country 2025 & 2033
- Figure 48: South America Synthetic Rubber Industry Volume (K Tons), by Country 2025 & 2033
- Figure 49: South America Synthetic Rubber Industry Revenue Share (%), by Country 2025 & 2033
- Figure 50: South America Synthetic Rubber Industry Volume Share (%), by Country 2025 & 2033
- Figure 51: Middle East and Africa Synthetic Rubber Industry Revenue (Million), by Type 2025 & 2033
- Figure 52: Middle East and Africa Synthetic Rubber Industry Volume (K Tons), by Type 2025 & 2033
- Figure 53: Middle East and Africa Synthetic Rubber Industry Revenue Share (%), by Type 2025 & 2033
- Figure 54: Middle East and Africa Synthetic Rubber Industry Volume Share (%), by Type 2025 & 2033
- Figure 55: Middle East and Africa Synthetic Rubber Industry Revenue (Million), by Application 2025 & 2033
- Figure 56: Middle East and Africa Synthetic Rubber Industry Volume (K Tons), by Application 2025 & 2033
- Figure 57: Middle East and Africa Synthetic Rubber Industry Revenue Share (%), by Application 2025 & 2033
- Figure 58: Middle East and Africa Synthetic Rubber Industry Volume Share (%), by Application 2025 & 2033
- Figure 59: Middle East and Africa Synthetic Rubber Industry Revenue (Million), by Country 2025 & 2033
- Figure 60: Middle East and Africa Synthetic Rubber Industry Volume (K Tons), by Country 2025 & 2033
- Figure 61: Middle East and Africa Synthetic Rubber Industry Revenue Share (%), by Country 2025 & 2033
- Figure 62: Middle East and Africa Synthetic Rubber Industry Volume Share (%), by Country 2025 & 2033
List of Tables
- Table 1: Global Synthetic Rubber Industry Revenue Million Forecast, by Type 2020 & 2033
- Table 2: Global Synthetic Rubber Industry Volume K Tons Forecast, by Type 2020 & 2033
- Table 3: Global Synthetic Rubber Industry Revenue Million Forecast, by Application 2020 & 2033
- Table 4: Global Synthetic Rubber Industry Volume K Tons Forecast, by Application 2020 & 2033
- Table 5: Global Synthetic Rubber Industry Revenue Million Forecast, by Region 2020 & 2033
- Table 6: Global Synthetic Rubber Industry Volume K Tons Forecast, by Region 2020 & 2033
- Table 7: Global Synthetic Rubber Industry Revenue Million Forecast, by Type 2020 & 2033
- Table 8: Global Synthetic Rubber Industry Volume K Tons Forecast, by Type 2020 & 2033
- Table 9: Global Synthetic Rubber Industry Revenue Million Forecast, by Application 2020 & 2033
- Table 10: Global Synthetic Rubber Industry Volume K Tons Forecast, by Application 2020 & 2033
- Table 11: Global Synthetic Rubber Industry Revenue Million Forecast, by Country 2020 & 2033
- Table 12: Global Synthetic Rubber Industry Volume K Tons Forecast, by Country 2020 & 2033
- Table 13: China Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 14: China Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 15: India Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 16: India Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 17: Japan Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 18: Japan Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 19: South Korea Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 20: South Korea Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 21: Malaysia Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 22: Malaysia Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 23: Thailand Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 24: Thailand Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 25: Vietnam Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 26: Vietnam Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 27: Indonesia Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 28: Indonesia Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 29: Rest of Asia Pacific Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 30: Rest of Asia Pacific Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 31: Global Synthetic Rubber Industry Revenue Million Forecast, by Type 2020 & 2033
- Table 32: Global Synthetic Rubber Industry Volume K Tons Forecast, by Type 2020 & 2033
- Table 33: Global Synthetic Rubber Industry Revenue Million Forecast, by Application 2020 & 2033
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- Table 35: Global Synthetic Rubber Industry Revenue Million Forecast, by Country 2020 & 2033
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- Table 37: United States Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 38: United States Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 39: Canada Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 40: Canada Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 41: Mexico Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 42: Mexico Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 43: Global Synthetic Rubber Industry Revenue Million Forecast, by Type 2020 & 2033
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- Table 45: Global Synthetic Rubber Industry Revenue Million Forecast, by Application 2020 & 2033
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- Table 47: Global Synthetic Rubber Industry Revenue Million Forecast, by Country 2020 & 2033
- Table 48: Global Synthetic Rubber Industry Volume K Tons Forecast, by Country 2020 & 2033
- Table 49: Germany Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 50: Germany Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 51: United Kingdom Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 52: United Kingdom Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 53: France Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 54: France Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 55: Italy Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 56: Italy Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 57: Spain Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 58: Spain Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 59: Russia Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 60: Russia Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 61: NORDIC Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 62: NORDIC Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 63: Turkey Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 64: Turkey Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 65: Rest of Europe Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 66: Rest of Europe Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 67: Global Synthetic Rubber Industry Revenue Million Forecast, by Type 2020 & 2033
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- Table 69: Global Synthetic Rubber Industry Revenue Million Forecast, by Application 2020 & 2033
- Table 70: Global Synthetic Rubber Industry Volume K Tons Forecast, by Application 2020 & 2033
- Table 71: Global Synthetic Rubber Industry Revenue Million Forecast, by Country 2020 & 2033
- Table 72: Global Synthetic Rubber Industry Volume K Tons Forecast, by Country 2020 & 2033
- Table 73: Brazil Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 74: Brazil Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 75: Argentina Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 76: Argentina Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 77: Colombia Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 78: Colombia Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 79: Rest of South America Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 80: Rest of South America Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 81: Global Synthetic Rubber Industry Revenue Million Forecast, by Type 2020 & 2033
- Table 82: Global Synthetic Rubber Industry Volume K Tons Forecast, by Type 2020 & 2033
- Table 83: Global Synthetic Rubber Industry Revenue Million Forecast, by Application 2020 & 2033
- Table 84: Global Synthetic Rubber Industry Volume K Tons Forecast, by Application 2020 & 2033
- Table 85: Global Synthetic Rubber Industry Revenue Million Forecast, by Country 2020 & 2033
- Table 86: Global Synthetic Rubber Industry Volume K Tons Forecast, by Country 2020 & 2033
- Table 87: Saudi Arabia Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 88: Saudi Arabia Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 89: South Africa Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 90: South Africa Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 91: United Arab Emirates Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 92: United Arab Emirates Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 93: Nigeria Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 94: Nigeria Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 95: Qatar Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 96: Qatar Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 97: Egypt Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 98: Egypt Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 99: Rest of Middle East and Africa Synthetic Rubber Industry Revenue (Million) Forecast, by Application 2020 & 2033
- Table 100: Rest of Middle East and Africa Synthetic Rubber Industry Volume (K Tons) Forecast, by Application 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Synthetic Rubber Industry?
The projected CAGR is approximately 4.21%.
2. Which companies are prominent players in the Synthetic Rubber Industry?
Key companies in the market include Versalis S p A, The Goodyear Tire & Rubber Company, Synthos, China Petrochemical Corporation, Exxon Mobil Corporation, Mitsubishi Chemical Corporation, Reliance Industries Limited, ENEOS Corporation, LANXESS, SIBUR, SABIC, LG Chem, Saudi Arabian Oil Co, Dow, Apcotex, Kumho Petrochemical, TSRC.
3. What are the main segments of the Synthetic Rubber Industry?
The market segments include Type, Application.
4. Can you provide details about the market size?
The market size is estimated to be USD 33.48 Million as of 2022.
5. What are some drivers contributing to market growth?
Increasing Demand from Rising Sales of Electric Vehicles; Other Drivers.
6. What are the notable trends driving market growth?
Increasing Demand From Tire and Tire Components.
7. Are there any restraints impacting market growth?
Replacement of Rubber by Polyurethanes in Some Applications; Other Restraints.
8. Can you provide examples of recent developments in the market?
December 2023: SIBUR's Nizhnekamskneftekhim completed the upgrade of its halobutyl rubbers (HBR) capacities by ramping them up from 150 to 200 kilotons. About RUB 8 billion (USD 85.5 million) was spent on this upgrade project, which installed six new HBR production units and revamped 16 existing ones.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million and volume, measured in K Tons.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Synthetic Rubber Industry," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Synthetic Rubber Industry report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Synthetic Rubber Industry?
To stay informed about further developments, trends, and reports in the Synthetic Rubber Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence