The global synthetic rubber market size is expected to reach USD 24.90 Billion at a revenue CAGR of 3.8% in 2028, according to latest analysis by Emergen Research. Steady global synthetic rubber market growth can be attributed to increasing cost of natural rubber and various benefits provided by synthetic rubber over natural rubber. Synthetic rubber possesses better durability and extended service life as compared to natural rubber due to greater endurance to degradation and damage caused by chemicals and improved resistance to low and high temperatures, UV radiation, ozone, and weathering. Also, synthetic rubber displays excellent elasticity at low temperatures and insulation to electricity. 

Emergen Research has recently published a new research report on global Synthetic Rubber market that provides key insights into profit margin, industry chain analysis, recent developments and advancements, growth opportunities, year-on-year growth along with SWOT analysis, Porter’s Five Forces analysis, and PESTEL analysis. It covers key statistical data including historical and current market size, market share, and revenue growth with organized representation such as tables, charts, graphs, and other pictorial representations. The report focuses on the key market elements to ensure the readers gain a competitive advantage and maximum benefit of the market data to assist them in achieving substantial growth and global position in the market.

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Major Players/Manufacturers profiled in the report are:

• Some major companies in the market are DuPont, SABIC, SIBUR International, Exxon Mobil Corporation, Asahi Kasei Corporation, LG Chem Ltd., Goodyear Tire Rubber Company, Lanxess AG, Mitsui Chemicals Inc., and JSR Corporation.

Key Benefits of the Report:

• Comprehensive analysis of the competitive scenario and its changing dynamics
• Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
• In-depth 8 year analysis of the Global Synthetic Rubber Market
• Critical assessment of the key market segments
• Comprehensive analysis of the drivers, restraints, trends, and opportunities
• Detailed regional analysis and extensive company profiling
• Extensive assessment of current and emerging trends of the market

The report further sheds light on the strength, weaknesses, opportunities, and threats faced by the companies in the global Synthetic Rubber market and additionally measures the feasibility and investment return analysis in the report. Furthermore, the report is furnished with the latest impact of the COVID-19 pandemic on the market and covers the initial and future assessment of the COVID-19 impact on the market. The report is a qualitative and quantitative assessment of the global Synthetic Rubber market that has been formulated by extensive primary and secondary research with the data further validated from industry experts and professionals.

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The report further sheds light on the strength, weaknesses, opportunities, and threats faced by the companies in the global Synthetic Rubber market and additionally measures the feasibility and investment return analysis in the report. Furthermore, the report is furnished with the latest impact of the COVID-19 pandemic on the market and covers the initial and future assessment of the COVID-19 impact on the market. The report is a qualitative and quantitative assessment of the global Synthetic Rubber market that has been formulated by extensive primary and secondary research with the data further validated from industry experts and professionals.

Request a customization of the report @https://www.emergenresearch.com/request-for-customization/799

The research report provides a comprehensive assessment of the market and provides a futuristic perspective about the market trends, growth factors, facts, and industry validated market data. It provides an in-depth assessment of market size, market share, revenue growth, along with a comprehensive analysis of the competitive landscape with extensive profiling of the key competitors. Rising investments and technological advancements are expected to significantly drive the growth of the market throughout the forecast period.

The regional analysis states the global market is bifurcated into North America, Europe, Latin America, Asia-Pacific, and Middle East Africa. The report also covers import export consumption, supply and demand ratio, cost, pricing analysis, gross margin, and revenue estimation of each player in each region. The report also offers a country-wise analysis of the key regions to offer a better understanding of the global market.

Emergen Research has segmented the global synthetic rubber market on the basis of product type, application, and region:

• Product Type Outlook (Revenue, USD Billion; 2018–2028)
  • Styrene Butadiene Rubber
  • Styrene Block Copolymer
  • Polybutadiene Rubber
  • Butyl Rubber
  • Ethylene Propylene Diene Rubber
  • Acrylonitrile Butadiene Rubber

• Application Outlook (Revenue, USD Billion; 2018–2028)
  • Automotive Tire
  • Automotive Non-Tire
  • Industrial Goods
  • Footwear
  • Textile
  • Consumer Goods
  • Others

Regional Segmentation Covers:

• North America (U.S., Canada, Mexico)
• Europe (U.K., Italy, Germany, France, Rest of Europe)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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