The synthetic rubber market has been rising due to an increase in the demand for automobiles across the globe. There are various applications of synthetic rubber in the automobile sector such as in the rubber tires, rubber bumper, O-ring, rubber airbag, rubber seal and others. About 60% of the rubber used in the manufacturing of tires is synthetic rubber produced from the hydrocarbons derived from petroleum. Synthetic elastomers have the property to deform under stress and gain its original shape after the removal of stress. This property of hysteresis is an essential parameter for the manufacturing of high-grip tires that raises the demand for synthetic rubber in automotive applications.
(Get 15% Discount on Buying this Report)
Get Report Sample Copy @ https://www.omrglobal.com/request-sample/asia-pacific-synthetic-rubber-market
Asia Pacific synthetic rubber market is estimated to grow with lucrative growth during the forecast period. The high adoption of synthetic rubber in various applications is one of the chief factors for the growth of the market in the region. China, India, Thailand, Indonesia, Malaysia, Vietnam are among the top producer of natural and synthetic rubber all across the globe. Moreover, the region caters to the significant application of synthetic rubber including tires. As per the International Organization of Motor Vehicle Manufacturers, in Asia Pacific, more than 50 million vehicles were manufactures in the region. Moreover, India and China are among the largest two-wheeler industry globally. Additionally, the region is a hub for the manufacturing of consumer electronics which creates considerable demand for synthetic rubber in the region.
A Full Report of Synthetic Rubber Market is Available at:
Market Segmentation
Asia Pacific Synthetic Rubber Market by Type
Styrene Butadiene Rubber (SBR)
Polybutadiene Rubber (BR)
Ethylene Propylene Rubber (EPDM)
Isoprene Rubber (IR)
Others (Nitrile Butadiene Rubber (NBR), Butyl Rubber (IIR), Chloroprene Rubber (CR))
Asia Pacific Synthetic Rubber Market by End-User
Automobile component
Industrial Application
Footwear
Household
Others (Electronics)
By End-User
•Residential
•Commercial
By Model Type
•Above-Ground
•In-Ground
Company Profiles
ARLANXEO Holding B.V.
Asahi Kasei Corp.
Bridgestone Corp.
Exxon Mobil Corp.
Indian Synthetic Rubber Pvt. Ltd.
JSR Corp.
Kuraray Co., Ltd.
LCY Chemical Corp.
LG Chem, Ltd.
Reliance Industries Ltd.
SABIC
Sumitomo Chemical Co., Ltd.
The Dow Chemical Co.
The Goodyear Tire & Rubber Co.
The Michelin Group
Tosoh Corp.
Trinseo LLC
TSRC Corp.
Ube Industries, Ltd.
Synthetic Rubber Market – Segmentation by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/us-cmos-image-sensors-market
Reasons to Buying From us –
• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
• Our expert research analysts answer all your questions before and after purchasing your report.
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email:
[email protected]
Contact no: +91 780-304-0404