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Synthetic Rubber Market Worth US$ 45 Billion by 2023

The global synthetic rubber market is expected to exceed more than US$ 45 Billion by 2023; Growing at a CAGR of more than 5% in the given forecast period.

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Synthetic Rubber Market Worth US$ 45 Billion by 2023

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  1. Synthetic Rubber Market Research Report Presented By Market Research Engine https://www.marketresearchengine.com/

  2. Report TitleSynthetic Rubber Market Worth US$ 45 Billion by 2023 - by Market Research Engine

  3. New York, December 07: Market Research Engine has published a new report titled as “Synthetic Rubber Market by Product Type (Nitrile Butadiene Rubber, Ethylenean Propylene, Polybutadiene, Styrene Butadiene Rubber), by End-Users and by Geography - Global Industry Analysis and Forecast 2015 - 2023” How Big is the Global Synthetic Rubber Market?The global synthetic rubber market is expected to exceed more than US$ 45 Billion by 2023; Growing at a CAGR of more than 5% in the given forecast period. Download Free Sample Report: https://www.marketresearchengine.com/requestsample/synthetic-rubber-market-report Synthetic rubber is any of various products which include nitrile rubber, butyl rubber, neoprene and GR-S. These resemble natural rubber more closely or less closely particular in physical properties. And having skill to be processed that is created typically by polymerization of butadiene, isoprene and related unsaturated hydrocarbons.

  4. It also has property of copolymerization of such hydrocarbons with acrylonitrile, isobutylene, styrene or other polymerizable compounds. These have uses similar to that of natural rubber however are superior for few applications and inferior for others and are usually utilized in combination with natural rubber. The major driving factors of synthetic rubber market are as follows:Growing demand in automotive industry expected to drive synthetic rubber market.Rising footwear market likely to drive global synthetic rubber market.The restraining factors of synthetic rubber market are as follows:Oversupply due to consistent capability additions projected to restrain the growth of     synthetic rubber market.Growing replacement of synthetic rubber by natural rubber. Browse Full Report: https://www.marketresearchengine.com/reportdetails/synthetic-rubber-market-report

  5. The synthetic rubber market is segmented on the lines of its product segment, end user and regional. Based on product segmentation it covers nitrile butadiene rubber (NBR), ethylenean propylene (EPDM), polybutadiene (BR), styrene butadiene rubber (SBR) and others. Under end user segmentation the synthetic rubber market covers footwear, industrial goods, tires and others such as adhesives, asphalt overlay, etc. The synthetic rubber marketis geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries. This report provides:1) An overview of the global market for synthetic rubber and related technologies. 2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2023.

  6. 3) Identifications of new market opportunities and targeted promotional plans for synthetic rubber. 4) Discussion of research and development, and the demand for new products and new applications. 5) Comprehensive company profiles of major players in the industry. REPORT SCOPE: The scope of the report includes a detailed study of global and regional markets for synthetic rubber with the reasons given for variations in the growth of the industry in certain regions. The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include LANXESS AG, China Petroleum & Chemical Corporation (Sinopec Corporation), China National Petroleum Corporation (CNPC),

  7. KUMHO PETROCHEMICAL, TSRC Corporation, Asahi Kasei Corporation DuPont, DynasolElastomers, Sumitomo Chemical Co., Ltd., , Exxon Mobil Corporation (ExxonMobil),The Dow Chemical Company, and VersalisS.p.A. Company profile includes assign such as company summary, financial summary,business strategy and planning, SWOT analysis and current developments. The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players. The Synthetic Rubber Market has been segmented as below:  By Product Segment AnalysisNitrile butadiene rubber (NBR)Ethylenean propylene (EPDM)Polybutadiene (BR)Styrene butadiene rubber (SBR)Others

  8. By End-user AnalysisFootwearIndustrial goodsTiresOthers (adhesives, asphalt overlay, etc)By Regional AnalysisNorth AmericaEuropeAsia-PacificRest of the World Reasons to Buy this Report:1) Obtain the most up to date information available on all synthetic rubber market globally.

  9. 2) Identify growth segments and opportunities in the industry. 3) Facilitate decision making on the basis of strong historic and forecast of synthetic rubber data. 4) Assess your competitor’s refining portfolio and its evolution.

  10. Check out other Research Reports: Smart Healthcare Products Market By Product Type (Electronic health record, Smart RFID cabinets, Smart pills, Smart Syringes) and By Industry Verticals (Inventory management, Monitoring management, Health data storage and exchange) – Global Industry Analysis, Trends and Forecast 2016 - 2022 https://www.marketresearchengine.com/reportdetails/smart-healthcare-products-market Toluene Diisocyanate Market by Applications (Flexible Foam, Rigid Foam, Coatings, Adhesives & Sealants, and Elastomers) - Global Industry Analysis, Trends and Forecast 2015 – 2023 https://www.marketresearchengine.com/reportdetails/toluene-diisocyanate-market-report

  11. About Market Research Engine Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies. More info: https://www.marketresearchengine.com/ Media Contact: Name: John Bay Toll Free No.: +1-855-984-1862 Phone: +91-860-565-7204 Email:john@marketresearchengine.com Website:https://www.marketresearchengine.com/

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