Synthetic Rubber Market In India

The report on global synthetic rubber and fibers market offers in depth analysis on market trends drivers restraints opportunities etc.

Synthetic rubber market in india.

To get more information on the regional analysis of this market request a free sample the market size in asia pacific stood at usd 22 09 billion in 2019. The automotive industry is one of the fastest growing industries in the world and which in turn is related to the synthetic rubber industry. Press release synthetic rubber market global size overview growth drivers industry share and forecast to 2026 published. Analysis of natural rubber market price and supply and demand situation in september 2020 global rubber market news india.

17 2020 prnewswire according to the latest market research report synthetic rubber market by type styrene butadiene rubber sbr polybutadiene rubber br. For the forecast years. Synthetic rubber market drivers and restraints. Commerce minister calls for boosting rubber production to counter supply squeeze.

Along with qualitative information this report include the quantitative analysis of various segments in terms of market share growth opportunity analysis market value etc. Asia pacific is the largest producer as well as consumer with thailand being the largest producing country of natural rubber and china being the largest consumer. Global synthetic rubber market was valued at usd 28 27 billion in 2018 and is expected to reach usd 46 58 billion by 2026 at a cagr of 6 44. Comparatively domestic sr production was 480 000t y.

Synthetic rubber is a type of elastic polymer majorly obtained from petroleum by products. At the end of 2017 call for synthetic rubber sr in india was 580 000t y driven by strong tyre call from the automobile segment.