Market Research Reports Global Synthetic Rubber Market Size Study, by Type

Impressive status of Global Synthetic Rubber Market 2019-
2025|Forecaste by Region
The exclusive research
report on the Global
Synthetic Rubber Market
2019 examines the market
in detail along with
focusing on significant
market dynamics for the
key players operating in
the
market.
Global
Synthetic Rubber Industry research report offers granulated yet in-depth
analysis of revenue share, market segments, revenue estimates and various
regions across the globe.
Global Synthetic Rubber Market Overview:
The Global Synthetic Rubber Market industry esteemed around USD 27.5 Billion in 2016 is foreseen
to develop with a growth development rate of over 5.0% over the estimated time frame 2019-2025.
According to the marker report analysis, the significant factors and trends identified in the Global
Synthetic Rubber Market include rapid urbanization, growing demand for durable rubber, and
continuous growth of automotive & transportation sector. Rising population along with the
increasing per capita disposable income is estimated to drive the growth of the market during the
assessment period (2016 to 2025). Growing middle class population combined with constant
industrialization has resulted in the expansion of footwear sector, which in turn, is expected to
propel the growth of the market.
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The Global Synthetic Rubber Market is segmented on the basis of Product Type, Application and
Region. Based on the Product Type, the Global Synthetic Rubber Market is sub-segmented into
Styrene Butadiene Rubber, Polybutadiene Rubber, Styrenic Block Copolymer, Butyl Rubber and
Nitrile Butadiene Rubber. On the basis of Application, the Global Synthetic Rubber Market is
classified into Tire, Non-Tire, Automotive, Footwear, Industrial and others.
In terms of the geographic analysis, the Global Synthetic Rubber Market is dominated by Asia-Pacific
region, which is anticipated to contribute more than 40% revenue share in the total market. India is
projected to be growing at the highest growth rate over the forecast period. Increasing
manufacturing activities in the region and significantly growing investments in automotive sector is