Global Synthetic Rubber Market 20172021 [Report Updated: 08112017] Prices from USD $3500

07:01 EST 13 Nov 2017 | BioPortfolio Report Blog

About Synthetic Rubber

Rubber belongs to elastomer type polymer class in which the polymer has the ability to return to its original shape postdeformation. The polymer is in a coiled form while it is resting. The ability to stretch the chains offers the elastic feature to rubber, and it returns to its original shape when the chains snap back after the tension is released. Rubber is a group term for macromolecular substances of natural and synthetic origin. The natural origin compound is generally known as natural rubber NR, which is an addition polymer that is a derivative of the milky white fluid known as a latex. Latex is obtained from a tropical rubber tree. The natural rubber has the ability to vulcanize, a process by which the shorter chains get linked with sulfur to form longer chains. Synthetic rubber is an artificial elastomer that resembles natural rubber closely in various features.

Technavio's analysts forecast the global synthetic rubber market to grow at a CAGR of 5.16% during the period 20172021.

Covered in this report

The report covers the present scenario and the growth prospects of the global synthetic rubber market for 20172021. To calculate the market size, the report considers the revenue generated from the sales of synthetic rubber.

The market is divided into the following segments based on geography:




Technavio's report, Global Synthetic Rubber Market 20172021, has been prepared based on an indepth 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.

Key vendors

Asahi Kasei Corporation





Other prominent vendors

China National Petroleum Corporation

China Petroleum Chemical Corporation

Denka Company


Grupo Dynasol




Reliance Industries


Sumitomo Chemical

The Goodyear Tire Rubber Company




Market driver

Increasing preference over natural rubber

For a full, detailed list, view our report

Market challenge

Fluctuating raw material cost

For a full, detailed list, view our report

Market trend

Rising acceptance for green tires

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Original Article: Global Synthetic Rubber Market 20172021 [Report Updated: 08112017] Prices from USD $3500


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