Synthetic Rubber Market, Global Outlook and Forecast 2023-2029

The Synthetic Rubber market covers Styrene Butadiene Rubber (SBR), Polybutadiene Rubber (BR), Styrenic Block Copolymer (SBC), Ethylene Propylene Diene Monomer (EPDM), Butyl Rubber (IIR), Nitrile Butadiene Rubber (NBR), etc. The typical players include Arlanxeo, Sinopec, Goodyear, Kumho Petrochemical, TSRC, NKNK, JSR, LG Chem, etc.
This report aims to provide a comprehensive presentation of the global market for Synthetic Rubber, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Synthetic Rubber. This report contains market size and forecasts of Synthetic Rubber in global, including the following market information:
Global Synthetic Rubber Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Synthetic Rubber Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Synthetic Rubber companies in 2022 (%)
The global Synthetic Rubber market was valued at US$ 34080 million in 2022 and is projected to reach US$ 39430 million by 2029, at a CAGR of 2.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Synthetic Rubber market is relatively concentrated with the top 10 players takes nearly 50% of the share. The global key Synthetic Rubber manufacturers include Arlanxeo, Sinopec, Kumho Petrochemical, CNPC, TSRC, ExxonMobil, Goodyear, NKNK, etc.
Geographically, Synthetic Rubber is mainly produced in North America, Europe, and Asia Pacific. Asia Pacific is the fastest-growing region, especially China, which plays a more important role in the world. Asia Pacific takes over 55% of the global market share.
In terms of product type, the Synthetic Rubber market covers Styrene Butadiene Rubber (SBR), Polybutadiene Rubber (BR), Styrenic Block Copolymer (SBC), Ethylene Propylene Diene Monomer (EPDM), Butyl Rubber (IIR), Nitrile Butadiene Rubber (NBR), etc. Styrene Butadiene Rubber and Polybutadiene Rubber are the two major types of synthetic rubber consumed.
Synthetic rubber market applications can be split into automotive, industrial, construction, etc. Automotive is the largest market for synthetic rubber which takes over 60% market share.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Synthetic Rubber manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Synthetic Rubber Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Synthetic Rubber Market Segment Percentages, by Type, 2022 (%)
    Styrene Butadiene Rubber (SBR)
    Polybutadiene Rubber (BR)
    Styrenic Block Copolymer (SBC)
    Ethylene Propylene Diene Monomer (EPDM)
    Butyl Rubber (IIR)
    Nitrile Butadiene Rubber (NBR)
    Others
Global Synthetic Rubber Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Synthetic Rubber Market Segment Percentages, by Application, 2022 (%)
    Automotive
    Construction
    Industrial
    Others
Global Synthetic Rubber Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Synthetic Rubber Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Synthetic Rubber revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Synthetic Rubber revenues share in global market, 2022 (%)
Key companies Synthetic Rubber sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Synthetic Rubber sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Arlanxeo
    Sinopec
    Kumho Petrochemical
    CNPC
    TSRC
    ExxonMobil
    Goodyear
    NKNK
    JSR
    Sibur
    LG Chem
    Versalis
    LCY
    Kraton
    Zeon
Outline of Major Chapters:
Chapter 1: Introduces the definition of Synthetic Rubber, market overview.
Chapter 2: Global Synthetic Rubber market size in revenue and volume.
Chapter 3: Detailed analysis of Synthetic Rubber manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Synthetic Rubber in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Synthetic Rubber capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.