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SYNTHETIC RUBBER

Global Market Trajectory & Analytics

MCP-2135

VALIDATED EXECUTIVE ENGAGEMENTS

Number of executives repeatedly engaged by snail & email outreach*

POOL + OUTREACH

5188

Interactions with Platform & by Email *

INTERACTIONS

834

Unique # Participated *

PARTICIPANTS

156

Responses Validated *

VALIDATIONS

71

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  •  DATE

    MAY 2020

  •  TABLES

    123

  •  PAGES

    222

  •  EDITION

    17

  •  PRICE

    US$5600

COVID-19 IMPACT SURVEY MAY 2020
Amid the COVID-19 crisis and the looming economic recession, the Synthetic Rubber market worldwide will grow by a projected 3.4 Million Metric Tons, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 2.7%. Styrene-Butadiene Rubber, one of the segments analyzed and sized in this study, is forecast to grow at over 2.7% and reach a market size of 7.2 Million Metric Tons by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Styrene-Butadiene Rubber market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.

As part of the new emerging geographic scenario, the United States is forecast to readjust to a 1.7% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over 76 Thousand Metric Tons to the region's size over the next 7 to 8 years. In addition, over 85.1 Thousand Metric Tons worth of projected demand in the region will come from Rest of European markets. In Japan, the Styrene-Butadiene Rubber segment will reach a market size of 327.9 Thousand Metric Tons by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Synthetic Rubber market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world's second largest economy will grow at 5.4% over the next couple of years and add approximately 1.1 Million Metric Tons in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Synthetic Rubber market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others, ARLANXEO; Asahi Kasei Chemicals Corp.; Chongqing Changshou Chemical Co. Ltd.; Denka Co. Ltd. ; Dow Inc.; Dynasol Elastomers; ExxonMobil Chemical Company; Firestone Polymers LLC; Goodyear Tire & Rubber Company; JSR Corporation; Korea Kumho Petrochemical Company; Lanxess AG; LG Chem Ltd.; Lion Elastomers; Shanxi Synthetic Rubber Group Co. Ltd.; Showa Denko K.K; SIBUR Holding JSC; SINOPEC Qilu Petrochemical Co. Ltd.; Sumitomo Chemical Co., Ltd.; Synthos S.A.; Tosoh Corporation; TSRC Corporation; UBE Industries Ltd.; Versalis S.p.A.; Zeon Corporation

SEGMENTS

» Product Segment (Styrene-Butadiene Rubber, Polybutadiene Rubber, Ethylene Propylene Rubber, Nitrile Rubber, Polyisoprene Rubber, Polychloroprene Rubber, Other Product Segments)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa
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