Rubber Market Demand, Supply, Growth & Forecast By 2018-2024 - PowerPoint PPT Presentation

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Rubber Market Demand, Supply, Growth & Forecast By 2018-2024

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Rubber Market Size is likely to witness a steady growth from 2018 to 2024 due to increasing tire demand in automobile & transportation industry. – PowerPoint PPT presentation

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Title: Rubber Market Demand, Supply, Growth & Forecast By 2018-2024


1
Rubber Market to Witness A Phenomenal Growth over
2018 to 2024
Rubber Market Size, Industry Analysis Report,
Regional Outlook (U.S., Canada, UK, Germany,
France, Italy, Russia, Spain, China, India,
Japan, Australia, Brazil, Mexico, GCC, South
Africa), Application Development Potential, Price
Trends, Competitive Market Share Forecast, 2018
2024
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
2
Global Market Scenario of Rubber Market
  • Rubber Market Size is likely to witness a steady
    growth from 2018 to 2024 due to increasing tire
    demand in automobile transportation industry
  • Rubber originates from three different sources
    such as natural, synthetic, and reclaimed rubber.
    Natural rubber is harvested in the form of latex
    from trees such as hevea brasiliensis, congo,
    dandelion and others.
  • It is a natural polymer consisting of organic
    compound isoprene and water having water proof
    ability and high resilience and stretch ratio.
  • Synthetic rubber is elastomer polymers which are
    mainly manufactured from petroleum byproducts. It
    has extensive application in automobile
    transportation industry for hoses, matting,
    tires, belts, etc. It also finds its usage in
    other sector such as in industrial application,
    in packaging, construction, electrical
    electronics, and others such as HVAC, oil gas,
    bowling, etc
  • Various types of commercialized synthetic rubber
    are styrene-butadiene (SBR), nitrile,
    chloroprene, silicone rubber, etc..
  • Reclaimed or recycled rubber is manufactured by
    application of heat and chemical agents, and
    mechanical working on ground vulcanized scarp
    tubes, tires and other waste products.

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Rights Reserved
www.gminsights.com
3
  • Product Analysis-
  • On basis of product, the rubber market is
    segmented as natural, synthetic, and reclaimed
    rubber. Synthetic rubber is further classified
    into styrene butadiene (SBR), butyl (BR), nitrile
    (NR), ethylene propylene diene (EPDM), silicone,
    chloroprene polyurethane, fluorocarbon, and
    others such as acrylic, epichlorohydrin,
    polysulfide, etc. Among all, the global product
    market share will be led by synthetic segment,
    followed by reclaimed rubber.
  • Rubber market has myriad end use domain such as
    automobile transportation, electrical
    electronics, construction, packing, etc.
    Automobile transportation has gathered enough
    substantiation to widen the product application
    matrix owing to the maximum use of rubber in tire
    industry, and other application such as brakes,
    flooring, interior of passenger cars, bus, etc.
    Global tire demand in 2016 was more than 1500
    million unit and it is likely to grow in forecast
    timeframe which in turn will propel the growth of
    rubber market.
  • Regional Trends-
  • Asia Pacific will have a significant contribution
    in global rubber market in terms of production as
    well in consumption owing to rapid urbanization
    and industrialization in this region. Moreover,
    manufacturers based in the developed countries of
    North America and Europe are shifting their
    production bases to developing economies owing to
    low raw material, operation labor costs, which
    will result in a robust growth for the product
    market.

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Rights Reserved
www.gminsights.com
4
Market Research Reports Key Analytical Components
Request for table of contents for this report
_at_https//bit.ly/2L4k6FF
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Rights Reserved
www.gminsights.com
5
  • Competitive Trends
  • The key participants in the rubber market are
    Lanxess, ExxonMobil Chemical Co., LG Chem, Sibur
    International Gmbh, Carst Walker, Kuraray Co.
    Ltd, Karbochem, Reliance Industries Limited,
    Kraton, Dow Chemicals, BRP Manufacturing Company,
    Asahi Kasei Corp., Sinopec, Showa Denko,
    PetroChina Company ltd, etc

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Rights Reserved
www.gminsights.com
6
Latest Research Report On Rubber Market
_at_ https//bit.ly/2mlslmn Request for table of
contents for this report _at_https//bit.ly/2DeEVva
Inquire Before Buying This Report_at_https//bit.l
y/2KXaC34
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
7
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
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Rights Reserved
www.gminsights.com
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