Market Overview:
The global artificial rubber market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for artificial rubber from the automotive and construction industries. Additionally, the growing demand for synthetic rubber in emerging economies is also contributing to the growth of this market. On the basis of type, SBR accounted for a major share of the global artificial rubber market in 2017. This can be attributed to its properties such as high abrasion resistance and good tear strength.
Product Definition:
Artificial rubber is a synthetic polymer made from monomers such as styrene, butadiene, and chloroprene. It is used in products such as tires, hoses, belts, and tubing.
Styrene Butadiene Rubber (SBR):
Styrene-butadiene rubber (SBR) is a synthetic elastomer manufactured by the polymerization of styrene and butadiene. It has high tensile strength, good tear resistance, and excellent resilience. The product finds application in various end-use industries including automotive & transportation, consumer goods, construction & building materials and oil field chemicals among others.
Polybutadiene (BR):
Polybutadiene (BR) is a synthetic rubber, which was first produced in 1839. It is manufactured by the polymerization of butadiene and has similar properties like natural rubber. Polybutadiene can be used as an alternative to natural rubber in most applications where high-temperature resistance and low-temperature flexibility are required.
Application Insights:
The tires application segment led the market in 2017 and is projected to continue its dominance over the forecast period. Tire manufacturing is one of the most technologically advanced industries globally, with several automated production lines. The global tire industry has witnessed significant growth over the past few years on account of increasing consumer demand for high-performance vehicles and tires, especially in emerging economies such as China, India and Brazil.
Tire manufacturing involves a number of processes including tread design process (working pressure & temperature selection), carcass design process (tyre constructional features) along with vulcanization process that enables manufacturers to produce high quality products at low costs while maintaining excellent performance characteristics. Artificial rubber compounds are used as raw materials during these processes owing to their superior properties including resistance against heat & oil as well as chemical agents which enhance product durability & performance significantly contributing towards overall market growth across various applications segments globally.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 45.0% in 2017. The region is expected to witness significant growth due to rapid industrialization and urbanization coupled with increasing per capita income levels, which will drive the demand for automobiles and other transportation equipment, as well as construction materials such as cement and paints & coatings.
The growing manufacturing sector supported by rising foreign investments along with favorable government policies is anticipated to propel industry expansion over the forecast period. In addition, supportive macroeconomic factors such as low interest rates are likely to contribute toward increased product usage within various applications including tires, building & construction materials, footwear among others from emerging economies including China and India on account of their abundant raw material supply at competitive prices along with easy availability of labor force skilled in production processes will further augment regional growth during the forecast period.
Europe was estimated at USD X billion in 2017 owing to high demand from tire manufacturers for commercial vehicles such as buses.
Growth Factors:
- Increasing demand for artificial rubber in the automotive industry as a replacement for natural rubber, owing to its properties such as high durability, low gas permeability and thermal stability.
- Rising demand from the construction industry for use in waterproofing membranes, sealants and adhesives.
- Growing application of artificial rubber in medical devices and implants due to its biocompatibility properties.
- Increasing use of artificial rubber in electrical insulation due to its superior dielectric strength and thermal stability characteristics .
Scope Of The Report
Report Attributes
Report Details
Report Title
Artificial Rubber Market Research Report
By Type
Styrene Butadiene Rubber (SBR), Polybutadiene (BR), Nitrile Butadiene Rubber (NBR), Ethylene-Propylenediene Rubber (EPDM), Chloroprene Rubber (CR), Others
By Application
Tires, Industrial Goods, Footwear, Other
By Companies
LANXESS, Asahi Kasei, DSM Elastomers, Dow Chemical Company, DuPont, Ube Industries, Showa Denko K.K, Sinopec, Sumitomo, TOSOH, LANXESS, SABIC, Lion Elastomers, China National Petroleum Corporation (CNPC), TSRC Corporation, Exxon Mobil, Dynasol Elastomer, Versalis, JSR Corporation, Shanxi-Nairit Synthetic Rubber, KUMHO PETROCHEMICAL
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Artificial Rubber Market Report Segments:
The global Artificial Rubber market is segmented on the basis of:
Types
Styrene Butadiene Rubber (SBR), Polybutadiene (BR), Nitrile Butadiene Rubber (NBR), Ethylene-Propylenediene Rubber (EPDM), Chloroprene Rubber (CR), Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Tires, Industrial Goods, Footwear, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- LANXESS
- Asahi Kasei
- DSM Elastomers
- Dow Chemical Company
- DuPont
- Ube Industries
- Showa Denko K.K
- Sinopec
- Sumitomo
- TOSOH
- LANXESS
- SABIC
- Lion Elastomers
- China National Petroleum Corporation (CNPC)
- TSRC Corporation
- Exxon Mobil
- Dynasol Elastomer
- Versalis
- JSR Corporation
- Shanxi-Nairit Synthetic Rubber
- KUMHO PETROCHEMICAL
Highlights of The Artificial Rubber Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Styrene Butadiene Rubber (SBR)
- Polybutadiene (BR)
- Nitrile Butadiene Rubber (NBR)
- Ethylene-Propylenediene Rubber (EPDM)
- Chloroprene Rubber (CR)
- Others
- By Application:
- Tires
- Industrial Goods
- Footwear
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Artificial Rubber Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Artificial rubber is a man-made material that is used to make products such as tires, hoses, and other items. It is made from chemicals and heat.
Some of the major companies in the artificial rubber market are LANXESS, Asahi Kasei, DSM Elastomers, Dow Chemical Company, DuPont, Ube Industries, Showa Denko K.K, Sinopec, Sumitomo, TOSOH, LANXESS, SABIC, Lion Elastomers, China National Petroleum Corporation (CNPC), TSRC Corporation, Exxon Mobil, Dynasol Elastomer, Versalis, JSR Corporation, Shanxi-Nairit Synthetic Rubber, KUMHO PETROCHEMICAL.
The artificial rubber market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Artificial Rubber Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Artificial Rubber Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Artificial Rubber Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Artificial Rubber Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Artificial Rubber Market Size & Forecast, 2020-2028
4.5.1 Artificial Rubber Market Size and Y-o-Y Growth
4.5.2 Artificial Rubber Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Styrene Butadiene Rubber (SBR)
5.2.2 Polybutadiene (BR)
5.2.3 Nitrile Butadiene Rubber (NBR)
5.2.4 Ethylene-Propylenediene Rubber (EPDM)
5.2.5 Chloroprene Rubber (CR)
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Tires
6.2.2 Industrial Goods
6.2.3 Footwear
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Artificial Rubber Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Artificial Rubber Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Styrene Butadiene Rubber (SBR)
9.6.2 Polybutadiene (BR)
9.6.3 Nitrile Butadiene Rubber (NBR)
9.6.4 Ethylene-Propylenediene Rubber (EPDM)
9.6.5 Chloroprene Rubber (CR)
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Tires
9.10.2 Industrial Goods
9.10.3 Footwear
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Styrene Butadiene Rubber (SBR)
10.6.2 Polybutadiene (BR)
10.6.3 Nitrile Butadiene Rubber (NBR)
10.6.4 Ethylene-Propylenediene Rubber (EPDM)
10.6.5 Chloroprene Rubber (CR)
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Tires
10.10.2 Industrial Goods
10.10.3 Footwear
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Styrene Butadiene Rubber (SBR)
11.6.2 Polybutadiene (BR)
11.6.3 Nitrile Butadiene Rubber (NBR)
11.6.4 Ethylene-Propylenediene Rubber (EPDM)
11.6.5 Chloroprene Rubber (CR)
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Tires
11.10.2 Industrial Goods
11.10.3 Footwear
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Styrene Butadiene Rubber (SBR)
12.6.2 Polybutadiene (BR)
12.6.3 Nitrile Butadiene Rubber (NBR)
12.6.4 Ethylene-Propylenediene Rubber (EPDM)
12.6.5 Chloroprene Rubber (CR)
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Tires
12.10.2 Industrial Goods
12.10.3 Footwear
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Styrene Butadiene Rubber (SBR)
13.6.2 Polybutadiene (BR)
13.6.3 Nitrile Butadiene Rubber (NBR)
13.6.4 Ethylene-Propylenediene Rubber (EPDM)
13.6.5 Chloroprene Rubber (CR)
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Tires
13.10.2 Industrial Goods
13.10.3 Footwear
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Artificial Rubber Market: Competitive Dashboard
14.2 Global Artificial Rubber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LANXESS
14.3.2 Asahi Kasei
14.3.3 DSM Elastomers
14.3.4 Dow Chemical Company
14.3.5 DuPont
14.3.6 Ube Industries
14.3.7 Showa Denko K.K
14.3.8 Sinopec
14.3.9 Sumitomo
14.3.10 TOSOH
14.3.11 LANXESS
14.3.12 SABIC
14.3.13 Lion Elastomers
14.3.14 China National Petroleum Corporation (CNPC)
14.3.15 TSRC Corporation
14.3.16 Exxon Mobil
14.3.17 Dynasol Elastomer
14.3.18 Versalis
14.3.19 JSR Corporation
14.3.20 Shanxi-Nairit Synthetic Rubber
14.3.21 KUMHO PETROCHEMICAL
