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Global Synthetic Rubber Market Report
-----------------------------------------
2015
View Report Details
Executive Summary
Synthetic rubber is created from petroleum and is classified as an artificial elastomer. Synthetic rubber plants were built after 1945 and since then it
has maintained the lead over natural rubber. There are two important types of synthetic rubber - Polybutadiene Rubber (BR) and Styrene Butadiene
Rubber (SBR). Butadiene is the most important feedstock to produce a wide variety of synthetic rubber and polymer resins. Industrial players of
synthetic rubber operate in the marketplace on the basis of low manufacturing cost, quality, and technology and most importantly price to stay
ahead.
The synthetic rubber industry produces a variety of products that are used by the fabrication industries. Most of the output of synthetic rubber
industry is taken up by tire industries thus categorizing this industry as one of the predominant users of synthetic rubber. Apart from tires, it is widely
used for manufacturing rubber gloves, orthopedic braces and various other medical items. Synthetic rubber is also used to manufacture various
types of protective clothes, boots, sleep sacks, diving suits and so forth.
The key factors driving the growth of the synthetic rubber industry include increasing automobile industry, expansion in emerging market and
declining crude oil prices. Some of the noteworthy trends and developments in this industry are increasing demand for green tire, increasing
proportionate synthetic rubber capacity more than their relative demand. However, the expansion of global synthetic rubber industry is hindered by
rising environmental concerns and regulatory issues, decreasing natural rubber prices and depletion of fossil fuels.
The report “Global Synthetic Rubber Market” provides an in-depth analysis of the production, consumption and capacity of global synthetic rubber
market with focus on its segments including: Polybutadiene Rubber and Styrene Butadiene Rubber. The major trends, growth drivers as well as
issues being faced by the industry are being presented in this report. The four major players in the industry, Lanxess, Exxon Mobil Corp, Good Year
and Kumho Petrochemical Co. and are being profiled.
By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry.
We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the
future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the
dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
View Report Details
Factors like increasing demand for automobile sector, declining crude oil prices and demand for green
tires are driving synthetic rubber market globally…..
 Natural rubber and synthetic rubber are substitutes and
complements. Both materials are used to produce the desired
properties needed in rubber end products and tires. Synthetic
rubber comprised of …% of the total rubber consumed globally,
while remaining …% share in global consumption is accounted by
natural rubber.
 The global synthetic rubber production has shown significant
growth during the past few decades due to the growing
automotive industry. From …million tons in year 2013, the
production has grown to …million tons in year 2014; depicting
growth of …%
 The global synthetic rubber consumption has also grown from
…million tons in 2013 to …million tons in 2014, representing
growth of…5%.
Global Synthetic Rubber Production (2008-2014E)
Share of Global Rubber Consumption by Type (2014)
Global Synthetic Rubber Consumption (2008-2014E)
2008 2009 2010 2011 2012 2013 2014E
MillionTons
2008 2009 2010 2011 2012 2013 2014E
MillionTons
Factors like increasing demand for automobile sector, declining crude oil prices and demand for green
tires are driving synthetic rubber market globally…..
 China’s is the world’s largest producer and consumer of synthetic
rubber owing to large production plants for tire and other
products. Synthetic Rubber consumption in China is projected to
rise from… million tons in 2014 to… million tons by 2015,
marking an incline of …%
 In 2014, Malaysia’s synthetic rubber consumption was recorded
at… tons, showing an incline of… %, from… tons in 2013,
because of the growing tire and latex product sector.
 Styrene Butadiene Rubber (SBR) and Polybutadiene Rubber
(BR) are consumed mostly accounting for… % and … % share
respectively, while others reported… % share, because of the
growing tire industry in 2014.
Malaysia Synthetic Rubber Consumption (2008-2014)
China’s Synthetic Rubber Consumption (2011-2015E)
Share of India’s Synthetic Rubber Consumption by Type (2014)
2011 2012 2013 2014 2015E
MillionTons
2008 2009 2010 2011 2012 2013 2014
'000Tons
Economic development and growing demand of tire industry are the chief factors that will drive the
synthetic rubber market…
• The consumption of synthetic rubber is poised to grow at a compounded annual growth rate of …% from …million tons in 2014 to
… million tons in 2018.
• Demand for synthetic rubber is pegged to economic growth. Positive GDP growth leads to rising income. Since the income of the
people determines the level of spending, therefore as the income rises, people tend to spend more on automobiles.
• With rising sales of automobiles, the synthetic rubber market is one of the most benefitted industries on account of the same.
• The future growth of synthetic rubber would mainly be driven by the strengthening fundamentals in the tire industry, global GDP
and butadiene production..
Global Synthetic Rubber Consumption Forecast (2014-2018E)
2014 2015E 2016E 2017E 2018E
MillionTons
Koncept Analytics
CS-36, Second Floor, Ansal Plaza
Vaishali, Ghaziabad,
U.P. – 201010
T. +91-120-4130959
C: +91-9811715635
vikas@konceptanalytics.com
Contact Us:
www.konceptanalytics.com
Vikas Gupta
BD Manager
These are abridged and sanitized sample pages from the comprehensive report on the “ Global Synthetic Rubber Market ”.
To know more about this report or for any customized research requirement, please contact the following:
View Report Details

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Global Synthetic Rubber Market Report: 2015 Edition - New Report by Koncept Analytics

  • 1. Global Synthetic Rubber Market Report ----------------------------------------- 2015 View Report Details
  • 2. Executive Summary Synthetic rubber is created from petroleum and is classified as an artificial elastomer. Synthetic rubber plants were built after 1945 and since then it has maintained the lead over natural rubber. There are two important types of synthetic rubber - Polybutadiene Rubber (BR) and Styrene Butadiene Rubber (SBR). Butadiene is the most important feedstock to produce a wide variety of synthetic rubber and polymer resins. Industrial players of synthetic rubber operate in the marketplace on the basis of low manufacturing cost, quality, and technology and most importantly price to stay ahead. The synthetic rubber industry produces a variety of products that are used by the fabrication industries. Most of the output of synthetic rubber industry is taken up by tire industries thus categorizing this industry as one of the predominant users of synthetic rubber. Apart from tires, it is widely used for manufacturing rubber gloves, orthopedic braces and various other medical items. Synthetic rubber is also used to manufacture various types of protective clothes, boots, sleep sacks, diving suits and so forth. The key factors driving the growth of the synthetic rubber industry include increasing automobile industry, expansion in emerging market and declining crude oil prices. Some of the noteworthy trends and developments in this industry are increasing demand for green tire, increasing proportionate synthetic rubber capacity more than their relative demand. However, the expansion of global synthetic rubber industry is hindered by rising environmental concerns and regulatory issues, decreasing natural rubber prices and depletion of fossil fuels. The report “Global Synthetic Rubber Market” provides an in-depth analysis of the production, consumption and capacity of global synthetic rubber market with focus on its segments including: Polybutadiene Rubber and Styrene Butadiene Rubber. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. The four major players in the industry, Lanxess, Exxon Mobil Corp, Good Year and Kumho Petrochemical Co. and are being profiled. By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests. View Report Details
  • 3. Factors like increasing demand for automobile sector, declining crude oil prices and demand for green tires are driving synthetic rubber market globally…..  Natural rubber and synthetic rubber are substitutes and complements. Both materials are used to produce the desired properties needed in rubber end products and tires. Synthetic rubber comprised of …% of the total rubber consumed globally, while remaining …% share in global consumption is accounted by natural rubber.  The global synthetic rubber production has shown significant growth during the past few decades due to the growing automotive industry. From …million tons in year 2013, the production has grown to …million tons in year 2014; depicting growth of …%  The global synthetic rubber consumption has also grown from …million tons in 2013 to …million tons in 2014, representing growth of…5%. Global Synthetic Rubber Production (2008-2014E) Share of Global Rubber Consumption by Type (2014) Global Synthetic Rubber Consumption (2008-2014E) 2008 2009 2010 2011 2012 2013 2014E MillionTons 2008 2009 2010 2011 2012 2013 2014E MillionTons
  • 4. Factors like increasing demand for automobile sector, declining crude oil prices and demand for green tires are driving synthetic rubber market globally…..  China’s is the world’s largest producer and consumer of synthetic rubber owing to large production plants for tire and other products. Synthetic Rubber consumption in China is projected to rise from… million tons in 2014 to… million tons by 2015, marking an incline of …%  In 2014, Malaysia’s synthetic rubber consumption was recorded at… tons, showing an incline of… %, from… tons in 2013, because of the growing tire and latex product sector.  Styrene Butadiene Rubber (SBR) and Polybutadiene Rubber (BR) are consumed mostly accounting for… % and … % share respectively, while others reported… % share, because of the growing tire industry in 2014. Malaysia Synthetic Rubber Consumption (2008-2014) China’s Synthetic Rubber Consumption (2011-2015E) Share of India’s Synthetic Rubber Consumption by Type (2014) 2011 2012 2013 2014 2015E MillionTons 2008 2009 2010 2011 2012 2013 2014 '000Tons
  • 5. Economic development and growing demand of tire industry are the chief factors that will drive the synthetic rubber market… • The consumption of synthetic rubber is poised to grow at a compounded annual growth rate of …% from …million tons in 2014 to … million tons in 2018. • Demand for synthetic rubber is pegged to economic growth. Positive GDP growth leads to rising income. Since the income of the people determines the level of spending, therefore as the income rises, people tend to spend more on automobiles. • With rising sales of automobiles, the synthetic rubber market is one of the most benefitted industries on account of the same. • The future growth of synthetic rubber would mainly be driven by the strengthening fundamentals in the tire industry, global GDP and butadiene production.. Global Synthetic Rubber Consumption Forecast (2014-2018E) 2014 2015E 2016E 2017E 2018E MillionTons
  • 6. Koncept Analytics CS-36, Second Floor, Ansal Plaza Vaishali, Ghaziabad, U.P. – 201010 T. +91-120-4130959 C: +91-9811715635 vikas@konceptanalytics.com Contact Us: www.konceptanalytics.com Vikas Gupta BD Manager These are abridged and sanitized sample pages from the comprehensive report on the “ Global Synthetic Rubber Market ”. To know more about this report or for any customized research requirement, please contact the following: View Report Details