Synthetic Rubber Market by Product Type, Distribution Channel, End User 2024-2032
                     Global Synthetic Rubber 
Market Research and 
Forecast Report 2024-
2032
Format: PDF+EXCEL
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A cc o r d i ng  t o  t h e  l a t e s t  r e p o r t  b y  I M A R C  Gr o u p ,  t i t l e d  " S y n th e t i c  R u b b er  Ma r k e t :  
G l o b a l  I n d u s t r y  T r e n d s ,  S h a r e ,  S i z e ,  Gr o w th ,  O p p o r t u n i t y  a n d  F o r e c as t  2 0 2 4 -
20 3 2 , "  t h e  g l o b a l  s y n t h e t i c  r u b be r  ma r k e t  s i z e  re a c h e d  U S $  33 . 1  B i l l i on  i n  20 2 3 .
Fac tors  A f fec t ing  the  Growth  o f  t he  Synthet ic  Rubber  Indus t ry :
Report Aut omot ive  Indust ry  Demand:
T he  a u t o mo t i v e  i nd u s t r y ' s  de m a nd  f o r  s y n th e t i c  ru b b e r  i s  a  ma j o r  d r i v i n g  f a c t o r .  
S yn t h e t i c  ru b b e r  i s  w i d e l y  u s e d  i n  t he  ma n u fa c t u r i n g  o f  t i r es ,  h os es ,  b e l t s ,  a n d  v a r i o us  
Highlight and au t o m o t i v e  c o m po n e n ts .  W i t h  t h e  g l o b a l  a u t o mo t i v e  s ec t o r  ex p e r i e nc i n g  c o n t i n u o us  
g r o w t h ,  t h e  de m a n d  f o r  s y n t h e t i c  r u bb e r  as  a  k e y  r a w  m a t e r i a l  r e ma i n s  h i gh .  
Description T he  m a te r i a l ' s  p r o p e r t i e s ,  i n c l u d i n g  d u r a b i l i t y  a nd  r e s i l i e n ce ,  m ak e  i t  i nd i s p e n sa b l e  fo r  t i r e  m a nu f a c tu r i n g ,  c o n t r i b u t i n g  s i g n i f i c an t l y  t o  t h e  sy n t h e t i c  r u b be r  ma r k e t ' s  g r o w t h .
Ti re  Manufac t ur ing  Growt h:
T he  g ro w t h  i n  t i r e  m an u f a c tu r i n g ,  i n f l ue n c e d  b y  i n c r e a s e d  v eh i c l e  p r o du c t i o n  a n d  
r ep l a c e me n t  d e ma n d ,  i s  a  ke y  d r i ve r  f o r  t h e  s yn t h e t i c  ru b b e r  ma r k e t .  A s  t h e  g l o ba l  
po p u l a t i o n  g r ow s ,  so  do e s  t h e  d e m an d  fo r  v e h i c l e s ,  l e a d i n g  t o  an  u ps u r g e  i n  t i r e  
p r o d u c t i o n .
Synthe t ic  rubber ,  known fo r  i t s  super io r  per fo rmance characte r is t ics ,  i s  a  
pre fe r red  mater ia l  in  t i re  manufactur ing,  suppor t ing  the expans ion  o f  the  
syn thet ic  rubber  marke t .
Industr ial  Appl icat ions and Infrastructure Development:
The use  o f  syn the t ic  rubber  ex tends  beyond the au tomot ive  secto r  to  var ious 
indus t r ia l  app l i ca t ions,  inc lud ing  const ruc t ion ,  manufac tur ing,  and  
Report in f ras t ruc ture  deve lopment .  Syn the t ic  rubber  i s  emp loyed  in  sea ls ,  gaske ts ,  
conveyor  be l ts ,  and  o ther  c r i t i ca l  components  ac ross  d iverse  indus t r ies .  
Highlight and As indust r ia l  ac t iv i t ies  and  in f ras t ruc ture  p ro jec ts  con t inue to  expand 
g loba l l y ,  the  demand fo r  syn the t ic  rubber  as  a  versa t i le  and  re l iab le  mater ia l  
fo r  va r ious app l ica t ions  d r ives the  marke t  fo rward.
Description
Request  for  a  PDF sample  of  th is  report :  
ht tps : / /www. imarcgroup.com/syn the t ic - rubber -market / reques tsample
Report Description
Globa l  Synthe t ic  Rubber  Marke t  Trends:
T he  s y n t he t i c  r u bb e r  m a r k e t  i s  w i tn e s s i n g  no t a b l e  t r e n d s  th a t  r e f l ec t  t h e  i n du s t r y ' s  d y na m i c  e vo l u t i o n .  T h e r e  i s  a  g ro w i n g  
em p h a s i s  o n  s u s t a i na b l e  an d  e c o - f r i e nd l y  a l t e rn a t i v e s ,  l e a d i n g  t o  t h e  d e v e l op m e n t  o f  b i o - ba s e d  s y n t h e t i c  r u b b e r s .  A s  
en v i r o nm e n t a l  co n c e r n s  r i s e ,  m a n u f a c t u re r s  a r e  e x p l o r i n g  i n no v a t i v e  s o l u t i on s  t o  re d u c e  th e  c a rb o n  f oo t p r i n t  a s s o c i a t e d  w i t h  
sy n t h e t i c  r u b b e r  p r o d uc t i o n .  B e s i d e s ,  a d v a n ce m e n ts  i n  t e ch n o l o g y  a n d  r e s e a r c h  a re  d r i v i ng  t h e  d e v e l op m e n t  o f  h i gh -
pe r f o rm a n c e  s y n t h e t i c  r ub b e r s  w i t h  e n h an c e d  d u r a b i l i t y ,  t e mp e r a t u r e  r es i s t a n ce ,  a n d  fu e l  e f f i c i e n c y .  T h e s e  i n n o v a t i o n s  c a t e r  
t o  t h e  e v o l v i n g  n e e d s  o f  e nd - u s e r s ,  pa r t i c u l a r l y  i n  t h e  a u t o m o t i ve  a n d  i n d u s t r i a l  s e c t o r s .  
A d d i t i o na l l y ,  r e g i o n a l  d i v e r s i f i c a t i o n  i n  p r od u c t i o n  c e n t e r s  an d  su p p l y  ch a i n s  i s  b e c o m i n g  m o re  p r on o u n ce d .  M a n u f a c t u re r s  
a r e  s t r a t e g i c a l l y  e s t a b l i s h i n g  p ro d u c t i on  f a c i l i t i e s  i n  k ey  r e g i o ns  t o  me e t  t h e  i nc r e a s i n g  d em a n d  f o r  s y n t h e t i c  ru b b e r ,  o p t i m i z e  
l og i s t i c s ,  a nd  a d d r e ss  m a r k e t - s p ec i f i c  r e q u i r e m e n t s .  F u r th e r mo r e ,  t h e  ma r k e t  i s  w i t n e ss i n g  a  sh i f t  t o w a r d s  c us t o m i z e d  
sy n t h e t i c  r u b b e r  f o r mu l a t i o n s ,  a l l o w i n g  m a n u f a c t u r e r s  t o  c a te r  t o  sp e c i f i c  i n d u s t r y  r e qu i r e m en t s .  T h i s  t r en d  a l i gn s  w i t h  t h e  
g r o w i n g  de m a nd  fo r  t a i l o re d  s o l u t i o n s  i n  a p p l i ca t i o n s  r a n g i n g  f r o m t i r e  m a n u fa c t u r i ng  t o  i n d u s t r i a l  s e a l i n g ,  co n t r i b u t i n g  t o  t h e  
ov e r a l l  v e r s a t i l i t y  a n d  a d a p t ab i l i t y  o f  s y n th e t i c  r u b b e r  p r o d u c t s .
V i e w  R e p o r t  T O C ,  F i g u r e s  a n d  T a b l e s :  h t t p s : / / w ww . i m a r c g ro u p . co m / s y n t h e t ic - r u b b e r - m ar k e t
Breakup by Type:
• Styrene Butadiene Rubber
• Ethylene Propylene Diene Rubber
• Polyisoprene
• Polybutadiene Rubber
• Isobutylene Isoprene Rubber
Report • Others
Segmentation
Breakup by Form:
• Liquid Synthetic Rubber
• Sol id Synthetic Rubber
Breakup by Application:
• Tire and Tire Component
• Non-Tire Automobi le Appl icat ion
• Footwear
• Industria l  Goods
• Others
Report Breakup by Region:
Segmentation • North America
• Asia-Pacifi c
• Europe
• Latin America
• Middle East and Afr ica
• Apcotex Industr ies  L imited
• Asahi  Kasei  Corporat ion
• China Petrochemical  Corporat ion
• Denka Company Limited
• Exxon Mobi l  Corporat ion
Competitive • JSR Corporat ion
• Kumho Petrochemical  Co.  Ltd.
Landscape • Lanxess  AG
with Key • LG Chem Ltd.
• PJSC Nizhnekamskneftekhim
Players • Rel iance Industr ies  L imited
• Saudi  Bas ic  Industr ies  Corporat ion (Saudi  
Arabian Oi l  Co.)
• The Goodyear Ti re & Rubber Company
• TSRC Corporat ion
• Zeon Corporat ion
What was the size of the global synthetic rubber market 
in 2023?
What is the expected growth rate of the global 
synthetic rubber market during 2024-2032?
What are the key factors driving the global synthetic 
rubber market?
Key 
What has been the impact of COVID-19 on the global 
Questions synthetic rubber market?
What is the breakup of the global synthetic rubber 
Answered in market based on the type?
the Report What is the breakup of the global synthetic rubber 
market based on the form?
What is the breakup of the global synthetic rubber 
market based on the application?
What are the key regions in the global synthetic rubber 
market?
Who are the key players/companies in the global 
synthetic rubber market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h
    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
Contents     4 . 1     O v e r v i e w    4 . 2     K e y  I n d u s t r y  T r e n d s5     G l o b a l  S y n t h e t i c  R u b b e r  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  T y p e
    6 . 1     S t y r e n e  B u t a d i e n e  R u b b e r
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     E t h y l e n e  P r o p y l e n e  D i e n e  R u b b e r
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
    6 . 3     P o l y i s o p r e n e
        6 . 3 . 1  M a r k e t  T r e n d s
        6 . 3 . 2  M a r k e t  F o r e c a s t
       
    6 . 4     P o l y b u t a d i e n e  R u b b e r
        6 . 4 . 1  M a r k e t  T r e n d s
        6 . 4 . 2  M a r k e t  F o r e c a s t
    6 . 5     I s o b u t y l e n e  I s o p r e n e  R u b b e r
        6 . 5 . 1  M a r k e t  T r e n d s
        6 . 5 . 2  M a r k e t  F o r e c a s t
    6 . 6     O t h e r s
        6 . 6 . 1  M a r k e t  T r e n d s
        6 . 6 . 2  M a r k e t  F o r e c a s t
7    M a r k e t  B r e a k u p  b y  F o r m
    7 . 1     L i q u i d  S y n t h e t i c  R u b b e r
        7 . 1 . 1  M a r k e t  T r e n d s
Table of         7 . 1 . 2  M a r k e t  F o r e c a s t
    7 . 2     S o l i d  S y n t h e t i c  R u b b e r
        7 . 2 . 1  M a r k e t  T r e n d s
Contents         7 . 2 . 2  M a r k e t  F o r e c a s t8    M a r k e t  B r e a k u p  b y  A p p l i c a t i o n
    8 . 1     T i r e  a n d  T i r e  C o m p o n e n t
        8 . 1 . 1  M a r k e t  T r e n d s
        8 . 1 . 2  M a r k e t  F o r e c a s t
    8 . 2     N o n - T i r e  A u t o m o b i l e  A p p l i c a t i o n
        8 . 2 . 1  M a r k e t  T r e n d s
        8 . 2 . 2  M a r k e t  F o r e c a s t
    8 . 3     F o o t w e a r
        8 . 3 . 1  M a r k e t  T r e n d s
        8 . 3 . 2  M a r k e t  F o r e c a s t
    8 . 4     I n d u s t r i a l  G o o d s
        8 . 4 . 1  M a r k e t  T r e n d s
        8 . 4 . 2  M a r k e t  F o r e c a s t
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
ht t ps : / /w ww. i ma rc gro up . c o m /s y n th et i c - rub be r-m a rke t / t o c
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