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

Global Synthetic Rubber Market Size Study
and Regional Forecasts to 2017-2025
This report provides in-depth
study of “Global Synthetic
Rubber Market” using SWOT
analysis
i.e.
Strength,
Weakness, Opportunities, and
Threat to the organization.
The Global Synthetic Rubber
Market report also provides
an in-depth survey of key
players in the market organization.
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