The synthetic rubber manufacturing industry comprise establishments that primarily manufacture synthetic rubber, which is a polymer either produced from natural sources such as natural rubber or synthesized on an industrial scale.
The top five companies covered are DOW, Owens Corning, KUMHO Petrochemica, Teijin, Ltd. and TSRC Corporation. DOW was the largest company in the market.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The global synthetic rubber and fibers market was valued at around $94 billion in 2017. Asia Pacific was the largest region in the synthetic rubber and fibers market in 2017, accounting for under 48% market share. China was the largest country accounting for over 24% market share.
Increased demand for lightweight and fuel efficient materials or advanced composite materials is increasing the need for synthetic fibers. Synthetic fibers made from polymer aromatic polyamide are mainly of two types, para aramid and meta aramid. Aramids, UHME polyethylene, and POA are the major types of specialty synthetic fibers.
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