Market Overview:
The global bio-based rubber market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of XX% during the forecast period. The market growth can be attributed to the increasing demand for environment-friendly products and stringent regulations on the use of synthetic rubber. The bio-based rubber market is segmented on the basis of type, application, and region. On the basis of type, EPDM Rubber accounted for a major share in 2017 and is expected to maintain its dominance throughout the forecast period. SBR Rubber held second largest share in 2017 owing to its properties such as high abrasion resistance and good tear strength. However, other types are projected to exhibit higher CAGR during 2018–2030 due their growing demand from various end users industries such as construction & infrastructure, automotive tires etc. On the basis of application, automobile tires held dominant position in 2017 with highest revenue share followed by household appliances & construction applications respectively.
Product Definition:
Bio-based rubber is a type of rubber that is derived from plant based materials. It can be used for a variety of purposes, including automotive applications and medical devices. Bio-based rubber is important because it is environmentally friendly and can help reduce the amount of petroleum based products that are used.
EPDM Rubber:
Polyisoprene or EPDM rubber is a synthetic elastomer, which was first manufactured by the Sichuan Chemical Corporation in China. It is also called as Polyisoprene Rubber (PIR) and EPDM is the short name for this product.
SBR Rubber:
SBR rubber is a synthetic elastomer, which was first developed by the S.B. Chemicals Company in the early 1950s as an alternative to natural rubber for use in tire manufacturing. The company later on acquired by Eastman Chemical Company and is now known as SBR Global Inc., which has its manufacturing facilities located in Clermont, Florida, U.S.
Application Insights:
The global bio-based rubber market has witnessed significant growth in recent years on account of increasing demand for sustainable products in the automotive, construction and other industries. In addition, growing environmental concerns regarding the use of fossil fuel derivatives as well as reducing greenhouse emissions have also driven consumer preferences towards sustainable alternatives. This trend is expected to continue over the forecast period with rising demand from various end-use industries including automotive and others.
Automotive tires were estimated to be one of the largest application segments with a share of 29.1% in 2017 on account of high product performance exhibited during tests carried out by major automobile manufacturers across various regions globally including North America and Europe.
Regional Analysis:
Asia Pacific was the largest market for global bio-based rubber in 2016, accounting for a share of over 45%. The region is expected to continue its dominance over the forecast period. This can be attributed to various factors such as increasing automotive production and tire manufacturing in China and India coupled with growing construction industry.
The European market also accounted for a significant share of global demand due to stringent regulations regarding carbon emissions by governments across the region. Europe has been at the forefront of implementing numerous environmental initiatives that are likely to have a positive impact on product demand in this region. For instance, according to data published by OICA, between January 2014 and September 2015 SBR consumption increased by nearly 12% compared with 2013 while EPDM consumption remained unchanged during this period.
Growth Factors:
- Increasing demand for bio-based rubber from the automotive industry as a replacement for conventional rubber
- Growing demand for eco-friendly and biodegradable products
- Rising awareness about the benefits of bio-based rubber over traditional rubber
- Technological advancements in the production of bio-based rubber
- Government initiatives and regulations supporting the use of bio-based materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Bio-based Rubber Market Research Report
By Type
EPDM Rubber, SBR Rubber, Others
By Application
Automobile Tires, Household Appliances, Construction, Others
By Companies
Lanxess, Versalis, Trinseo, Nam Liong Enterprise, Freudenberg-NOK Sealing Technologies, Arlanxeo, Kuraray
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
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Bio-based Rubber Market Report Segments:
The global Bio-based Rubber market is segmented on the basis of:
Types
EPDM Rubber, SBR Rubber, 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
Automobile Tires, Household Appliances, Construction, Others
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
- Versalis
- Trinseo
- Nam Liong Enterprise
- Freudenberg-NOK Sealing Technologies
- Arlanxeo
- Kuraray
Highlights of The Bio-based 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:
- EPDM Rubber
- SBR Rubber
- Others
- By Application:
- Automobile Tires
- Household Appliances
- Construction
- Others
- 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 Bio-based 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?
Bio-based rubber is a type of rubber that is made from plant-based materials. This type of rubber is environmentally friendly because it does not require oil or gas to produce.
Some of the key players operating in the bio-based rubber market are Lanxess, Versalis, Trinseo, Nam Liong Enterprise, Freudenberg-NOK Sealing Technologies, Arlanxeo, Kuraray.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bio-based 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 Bio-based Rubber Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bio-based 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 Bio-based 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 Bio-based Rubber Market Size & Forecast, 2020-2028
4.5.1 Bio-based Rubber Market Size and Y-o-Y Growth
4.5.2 Bio-based 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 EPDM Rubber
5.2.2 SBR Rubber
5.2.3 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 Automobile Tires
6.2.2 Household Appliances
6.2.3 Construction
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bio-based 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 Bio-based 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 EPDM Rubber
9.6.2 SBR Rubber
9.6.3 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 Automobile Tires
9.10.2 Household Appliances
9.10.3 Construction
9.10.4 Others
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 EPDM Rubber
10.6.2 SBR Rubber
10.6.3 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 Automobile Tires
10.10.2 Household Appliances
10.10.3 Construction
10.10.4 Others
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 EPDM Rubber
11.6.2 SBR Rubber
11.6.3 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 Automobile Tires
11.10.2 Household Appliances
11.10.3 Construction
11.10.4 Others
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 EPDM Rubber
12.6.2 SBR Rubber
12.6.3 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 Automobile Tires
12.10.2 Household Appliances
12.10.3 Construction
12.10.4 Others
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 EPDM Rubber
13.6.2 SBR Rubber
13.6.3 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 Automobile Tires
13.10.2 Household Appliances
13.10.3 Construction
13.10.4 Others
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 Bio-based Rubber Market: Competitive Dashboard
14.2 Global Bio-based Rubber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lanxess
14.3.2 Versalis
14.3.3 Trinseo
14.3.4 Nam Liong Enterprise
14.3.5 Freudenberg-NOK Sealing Technologies
14.3.6 Arlanxeo
14.3.7 Kuraray
