In terms of volume, global tire market is accounted for over 2.5 billion units in 2016 and is expected to reach approximately 3.90 billion units by 2024 attaining a CAGR of over 4% during the forecast period. In addition, the overall vehicle production in 2016 was approximately 90 million units. These factors will subsequently boost the synthetic & bio-based butadiene market as automotive and tire industry accounts for approximately more than half of the overall share in the industry.
Get more information @ http://bit.ly/2pFJIC9 Escalating tire and automotive industry across the globe is the major factor which is likely to stimulate the synthetic & bio-based butadiene market size by 2024.
There is currently a rise in the sales of electric and hybrid vehicles (EVs/HVs) around the world. This represents one of the key factors propelling the growth of the market For an Executive Summary of Automotive Plastics Report Visit the following link: https://www.imarcgroup.com/automotive-plastics-market E-mail: sales@imarcgroup.com Contact: +91-120-415-5099
The Emulsion Styrene Butadiene Elastomer Market trends are analysis from recent past with an eye on coming years in this report that also offers projections for Emulsion Styrene Butadiene Elastomer industry targeted at helping in business decisions.
A recent report published by TheBusinessResearchCompany on Ethylene Propylene Market provides in-depth analysis of segments and sub-segments in the global as well as regional. http://bit.ly/2ULHakg
Asia-Pacific was the largest geographic region in the plastics and polymers market in 2017, accounting for $235 billion or 38.3% share in the market. China was the largest country in the market in 2017, accounting for $109.0 billion or 17.8% share in the market. Read Report https://www.thebusinessresearchcompany.com/report/plastics-and-polymers-global-market-briefing-2018