The global synthetic rubber market to grow at a CAGR of 5.16% during the period 2017-2021.
Global Synthetic Rubber Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one of the major drivers for this market is Increasing preference over natural rubber. The market is witnessing an increasing demand for synthetic rubber over natural rubber mainly because of their significantly less price and a wide variety of options to meet the increasing demand. The development of synthetic rubber itself was due to the high price and less supply of natural rubber.
The latest trend gaining momentum in the market is Rising acceptance for green tires. Around 5-10 gallons of petroleum are required to manufacture a tire. The concept of manufacturing green tires mainly refers to the enhancements in fuel economy that is a result of reducing the rolling resistance of tires.
- Asahi Kasei Corporation
Other prominent vendors
- China National Petroleum Corporation
- China Petroleum & Chemical Corporation
- Denka Company
- Grupo Dynasol
- KUMHO PETROCHEMICAL
- LCY GROUP
- Reliance Industries
- Sumitomo Chemical
- The Goodyear Tire & Rubber Company
- UBE INDUSTRIES
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Product
Part 07: Market Segmentation By Application
Part 08: Regional Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Landscape
Part 14: Key Vendor Analysis
Part 15: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/5zbk5d/global_synthetic