The global synthetic rubber market was valued at USD 21.8 million in 2021 and projected to reach USD 32.1 million by 2030, growing at a CAGR of 6.1% during the forecast period, 2022-2030.

The significant factors are the growing demand for synthetic rubber as a cost-effective alternative to natural rubber.

Major market player included in this report are:
Mitsubishi Chemical Corporation
China Petrochemical Corporation
The Goodyear Tire & Rubber Company
Kumho Petrochemical
Exxon Mobil Corporation
Sinopec
DuPont
The Dow Chemical
Trinseo
Zeon Corporation
Nizhnekamskneftekhim
SIBUR
LG Chemical
LANXESS
JSR Corporation
SABIC
Denka Company Ltd
Asahi Kasei Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type
Styrene-butadiene rubber (SBR)
Polybutadiene Rubber (BR)
Styrene block copolymer (SBC)
Ethylene-propylene-diene rubber (EPDM)
Butyl rubber (IIR)
Acrylonitrile-butadiene rubber (NBR)
By Application
Tire
Non-tire Automotive
Footwear
Industrial Goods
Consumer Goods
Textile
Others


By Region:
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rusia
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of MEA

Furthermore, years considered for the study are as follows:

Historical year 2017, 2020
Base year 2021
Forecast period 2022 to 2030.

Target Audience of the Global Synthetic Rubber Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors