PUBLISHER: TechNavio | PRODUCT CODE: 1911221
PUBLISHER: TechNavio | PRODUCT CODE: 1911221
The global synthetic rubber market is forecasted to grow by USD 16783.7 mn during 2025-2030, accelerating at a CAGR of 6.3% during the forecast period. The report on the global synthetic rubber market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for tires from rising sales of electric vehicles, increasing demand for synthetic rubber from end-user industries, advancements in technology and innovations in synthetic rubber production.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2026 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 5.9% |
| CAGR | 6.3% |
| Incremental Value | $16783.7 mn |
Technavio's global synthetic rubber market is segmented as below:
By Form Factor
By Application
By Type
Geography
This study identifies the growing demand for high-performance and eco-friendly tires as one of the prime reasons driving the global synthetic rubber market growth during the next few years. Also, favorable government regulations for rubber usage and increase in need for elastically malleable technical products will lead to sizable demand in the market.
The report on the global synthetic rubber market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global synthetic rubber market vendors that include Apcotex Industries Ltd., ARLANXEO, Asahi Kasei Corp., Bridgestone Corp., China National Petroleum Corp., China Petrochemical Corp., Continental AG, Dow Chemical Co., ENEOS Materials Corp., Exxon Mobil Corp., G-3 Chickadee Purchaser LLC, Hankook Tire and Technology Co, Kumho Petrochemical Co. Ltd., Lanxess AG, LG Chem Ltd., Michelin Group, Sumitomo Chemical Co. Ltd., Synthos SA, TSRC Corp., Zeon Corp.. Also, the global synthetic rubber market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.