Global Industrial Rubber Market

Rubber products refers to a collective term for all the goods made from a flexible material that can be vulcanized and polished into a variety of items and is made from the latex sap of trees, particularly those in the genera Hevea and Ficus. Rubber products are used to produce tires and retreading, rubber hoses and belting, rubber sealants, and all other rubber products which have domestic and industrial applications. The main types of rubber products are tire, hoses and belting, and other rubber products. A tyre, sometimes known as a tyre, is a ring-shaped element which covers the rim of a wheel to carry a vehicle’s weight from the axle to the earth while also providing grip on the ground over which the wheel moves. The different processes include molded, extruded, fabricated, latex-based, others and is used in various sectors such as construction & infrastructure, automotive, electrical & electronics, others. The rubber products market research report is one of a series of new reports from The Business Research Company that provides rubber products market statistics, including rubber products industry global market size, regional shares, competitors with a rubber products market share, detailed rubber products market segments, market trends and opportunities, and any further data you may need to thrive in the rubber products industry. This rubber products market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global rubber products market grew from $374.37 billion in 2022 to $400.07 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The rubber products market is expected to grow to $503.79 billion in 2027 at a CAGR of 5.9%. Technological advancement is expected to be a continued driver of market growth during this period. Industries that involve technology, such as this one, benefited from this trend during this period. For example, technologies such as ”Green Tires", where 20-30% of a vehicle'’s fuel consumption is related to tire performance, took off during this period. Green Tires offer wet grip, durability and low rolling resistance, reducing fuel consumption by 5-7%. Thus, technological advancement which enabled improved performance, reduced fuel consumption contributed to the market growth. The outbreak of Corona virus disease (COVID-19) has acted as a massive restraint on the rubber products manufacturing market in 2022 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in halting of manufacturing activities and a decline in economic activity with countries entering a state of '‘lock down'’ and the outbreak had a negative impact on businesses throughout 2021 and into 2021. However, it is expected that the rubber products manufacturing market will recover from the shock across the forecast period as it is a '‘black swan'’ event and not related to ongoing or fundamental weaknesses in the market or the global economy. Computer simulation and 3D printing technology is expected to have a significant impact on the rubber product manufacturing industry. Increasing number of companies are adopting 3D technology to design and develop rubber products. Software aided system offers 3D presentations on production line processes, including potential fault lines and also provides control on the manufacturing process. For example, Stratasys develops 3D printing technologies to produce automotive tires that can be customized to different levels of hardness, and elongation. Major companies in the rubber products market include The Michelin Group, Bridgestone Corporation, Continental AG, Good Year Tire & Rubber Company, Sumitomo Rubber Group, The Hankook Tire group, Pirelli & C SpA, Yokohama Rubber Company Ltd., Toyo Tire & Rubber Co Ltd and Toyota Tsusho. Asia-Pacific was the largest region in the rubber products market in 2022. North America was the second largest region in the rubber products market. The regions covered in the rubber products report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the rubber products market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The rubber products market consists of sales of pacifiers, clothes, mastication, tapping, and compression.Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global rubber products market is segmented - 1) By Type: Tire, Hoses And Belting, Other Rubber Product 2) By Process: Molded, Extruded, Fabricated, Latex-based, Other Processes 3) By End-User Industry: Construction & Infrastructure, Automotive, Electrical & Electronics, Other End Users Subsegments Covered: Radial Tires, Bias Tires, Rubber Hoses, Rubber Belts

Plastics and rubber products refer to any substance that is a component of one of the many semi- or synthetic solids used in the production of various goods, as well as any elastic substance made from the latex sap of trees-particularly those in the genus Hevea and genus Ficus—that can be vulcanized and finished into a range of goods. The main types of plastics and rubber products are rubber products and plastic products. Plastics are a broad category of synthetic or semi-synthetic compounds made primarily of polymers. Plastics can be shaped, stretched, or compressed into solid objects of diverse shapes due to their fluidity. The different sectors include automotive and transportation, electrical and electronics, medical, construction, and others. The plastics and rubber products market research report is one of a series of new reports from The Business Research Company that provides plastics and rubber products market statistics, including plastics and rubber products industry global market size, regional shares, competitors with a plastics and rubber products market share, detailed plastics and rubber products market segments, market trends and opportunities, and any further data you may need to thrive in the plastics and rubber products industry. This plastics and rubber products market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global plastics and rubber products market grew from $1365.01 billion in 2022 to $1466.92 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The plastics and rubber products market is expected to grow to $1899.33 billion in 2027 at a CAGR of 6.7%. New Developments In Packaging - The plastics and rubber products manufacturing industry is affected by the growth of the packaging industry. There are a number of new developments in the packaging industry that will drive the demand for plastic materials. Convenience features, such as resealable packs, easy-to-open stand-up pouches and smaller pack sizes for single-servings are being introduced and more promotional packs and brand extensions are being developed to ensure customer loyalty. These developments in packaging will increase the consumption of plastics and rubber and are driving the market. Corona virus Pandemic - The outbreak of Corona virus disease (COVID-19) has acted as a massive restraint on the plastics and rubber products manufacturing market in 2022 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in halting of manufacturing activities and a decline in economic activity with countries entering a state of 'lock down' and the outbreak had a negative impact on businesses throughout 2021 and into 2021. However, it is expected that the plastics and rubber products manufacturing market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. Manufacturers in the plastic and rubber products industry are investing in automation technologies to reduce production costs, improve productivity and enhance product quality. The use of sensors and wireless technology aids in gathering valuable data that is used to improve efficiencies and reduce errors. This is resulting in streamlined manufacturing processes, and better product quality at lower costs. According to ABB, an industrial robot manufacturer, some of their customers reported an increase of 15-30% in productivity after installing robotic automation systems. Around 180,000 machines are employed in the plastic manufacturing industry in 2021, an increase of 67,000 machines over the course of 4 years. Major companies providing industrial robotics include FANUC Corporation, Yaskawa Electric Corporation, ABB Group, KUKA AG, and Kawasaki Heavy Industries, Ltd. Major companies in the plastics and rubber products market include The Michelin Group, Bridgestone Corporation, Continental AG, Amcor Limited, Good Year Tire & Rubber Company, Sumitomo Rubber Group, Berry Global Group Inc., The Hankook Tire group, Pirelli & C SpA and Avery dennison. Asia-Pacific was the largest region in the plastics and rubber products market in 2022. North America was the second largest region in the plastics and rubber products market. The regions covered in the plastics and rubber products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the plastics and rubber products market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The plastics and rubber products market consists of sales of polymerproducts, elastic products, and flexible products. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global plastics and rubber products market is segmented - 1) By Type: Rubber Products, Plastic Products 2) By End-User Industry: Automotive & Transportation, Electrical & Electronics, Medical, Construction, Other End Users Subsegments Covered: Tire, Hoses And Belting, Other Rubber Product, Plastics Packaging Materials And Unlaminated Film And Sheet, Plastic Pipes And Shapes, Laminated Plastics Plate, Sheet, And Shape, Plastics Bottle, Urethane And Other Foam Product, Polystyrene Foam Products, Other Plastics Product

Rubber additives refer to an elastic material created by coagulating the milky juice of any of several tropical plants. It is essentially an isoprene polymer that is made as sheets and subsequently dried. Rubber additives are used to improve the completed system's performance or to help in the system's processing. The main types of rubber additives are activators, accelerators, vulcanization inhibitors, plasticizers, and other types. Activators refer to inorganic and organic chemicals that are employed to start an accelerator's action. These are applicable to tires and non-tires and are used by the automotive, consumer goods, building and construction, and electrical insulation industries. The rubber additives market research report is one of a series of new reports from The Business Research Company that provides rubber additives market statistics, including global market size, regional shares, competitors with a rubber additives market share, detailed rubber additives market segments, market trends and opportunities, and any further data you may need to thrive in the rubber additives industry. This rubber additives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global rubber additives market size grew from $5.15 billion in 2022 to $5.59 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The rubber additives market size is expected to grow to $7.58 billion in 2027 at a CAGR of 7.9%. Increasing demand for high-performance rubber is expected to propel the growth of the rubber additives market going forward. High-performance rubber refers to the material's capacity to tolerate rather harsh environmental conditions such as heat, chemicals, and solvents. High-performance natural rubber composites using a carbon nanotube-modified natural fiber reinforcing structure For instance, in April 2022, according to a report shared by the Association of Natural Rubber Producing Countries (ANRPC), a Malaysian-based inter-governmental organization, the natural rubber (NR) market is predicted to improve further in terms of consumption. Inn 2022, the global output was 1.113 million tons, up 3.8% from the same month in 2021, but global consumption increased at a faster rate of 5.8% to 1.206 million tons. Therefore, the increasing demand for high-performance rubber is driving the growth of the rubber additives market Product innovations are a key trend gaining popularity in the rubber additives market. Major companies operating in the rubber additives market are focused on developing new product innovations to strengthen their position. For instance, in December 2020, BASF, a Germany-based rubber additives manufacturer, launched Licity 2680. It is a general-purpose, long-lasting anode binder solution customized for improved performance in lithium-ion cells. This solution was developed such that it enables balanced characteristics, high colloidal stability, excellent compatibility with co-binders such as CMC, and excellent processability. This would allow an increased number of charge/discharge cycles while preventing electrode swelling. In August 2021, Lanxess AG, a Germany-based specialty chemicals company, acquired Emerald Kalama chemicals for an amount of $425 million. Lanxess's dominant position in the preservatives industry is strengthened by this acquisition, and the new products will be used in high-growth applications such as food and beverage, detergents, fabric softeners, cosmetics, and personal care items. Emerald Kalama Chemical BV is a Netherlands-based company and manufacturer of rubber additives. Major players in the rubber additives market are Lanxess AG, Solvay SA, Akzo Nobel N.V., BASF SE, Arkema S.A., Sinopec, Eastman Chemical Company, Emery Oleochemicals LLC, Behn Meyer Group, R.T. Vanderbilt Holding Company Inc., Behn Meyer Group, Prisma Rubber Additives Ltd., Kraton Corporation, Performance Additives, and Peter Greven GmbH & Co. KG Asia-Pacific was the largest region in the rubber additives market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in this rubber additives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the rubber additives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The rubber additives market consists of sales of rubber additives such as fillers and curing agents. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global rubber additives market is segmented - 1) By Type: Activators, Accelerators, Vulcanization Inhibitors, Plasticizers, Other Types 2) By Application: Tire, Non-Tire 3) By End Use: Automotive, Consumer Goods, Building and Construction, Electrical Insulation

Rubber glove refer to the protective hand coverings worn to lessen exposure to hazardous or dangerous settings. Rubber gloves are used for multiple purposes as a common household item, such as for cleaning purposes to avoid touching dirt and for personal care to avoid direct contact with sharp or hazardous materials. They provide significant protection from chemicals, hot water, stains, dust, oil, or other substances. The main types of rubber gloves are powdered and powder-free gloves. Powdered gloves refer to gloves that usually contain cornstarch powder, which is added as a donning agent. The rubber gloves are made of natural rubber or latex, nitrile, neoprene, and other materials. Natural rubber and latex are used to manufacture gloves, balloons, and parts of medical and dental equipment. The products involve disposable and durable parts. The distribution channels include online and physical. The various end-users include medical and healthcare, automotive, oil and gas, food and beverage, metal and machinery, chemicals and petrochemicals, pharmaceuticals, cleanroom, and other end users. The rubber gloves market research report is one of a series of new reports from The Business Research Company that provides rubber gloves market statistics, including global market size, regional shares, competitors with a rubber gloves market share, detailed rubber gloves market segments, market trends and opportunities, and any further data you may need to thrive in the rubber gloves industry. This rubber gloves market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global rubber gloves market size grew from $19.96 billion in 2022 to $23.06 billion in 2023 at a compound annual growth rate (CAGR) of 15.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The rubber gloves market size is expected to grow to $40.99 billion in 2027 at a CAGR of 15.5%. An increase in the usage of gloves in numerous surgeries is expected to propel the growth of the rubber glove market going forward. Gloves refer to hand coverings made with a separate part for each finger and for the thumb. Rubber gloves help physicians or surgeons avoid direct contact with body fluids such as blood, urine, feces, mucous membranes, or surgical equipment during surgeries. For instance, in April 2021, according to the statistics published by the American Society of Plastic Surgeons, a US-based plastic surgery specialty organization, a total of $6.9 million in reconstructive surgical procedures were performed, which was 3% more than that performed in 2019, at $6.7 million. Therefore, an increase in the usage of gloves in numerous surgeries is driving the rubber glove market. Technological breakthroughs are the key trend gaining popularity in the rubber glove market. Major companies operating in the rubber glove market are focused on technological breakthroughs to strengthen their position in the rubber glove market. For instance, in September 2021, Ansell, an Australia-based manufacturer of protective industrial and medical gloves operating in the rubber glove market, launched HyFlex gloves, which are used in industrial residences to deliver the wearer extra luxury and extraordinary dexterity. The palm-coated finish includes Fortix technology, an Ansell grip technology for enhanced grip, increasing both ease of handling and safety when working with objects coated in or touched by oil. In December 2020, Ansell, an Australia-based company engaged in the manufacturing of protective industrial and medical gloves, acquired Primus gloves for an undisclosed amount. This acquisition aims to acquire the Primus brand and related assets that constitute the life science business belonging to Primus Gloves. Primus Gloves is an India-based, leading premium-quality sterile surgical and examination glove manufacturer operating in the rubber glove market. Major players in the rubber glove market are Sri Trang Gloves Public Company, Hartalega, Kossan Rubber Industries Bhd, Top Glove, Supermax Corporation, Unigloves, Mapa Professional, Kanam Latex Industries Pvt. Ltd., Shield Scientific, Atlantic Safety Products, Kimberly Clark, Cardinal Health, Clean Q Grip, Rubberex Corp, and Superior Gloves. Asia-Pacific was the largest region in the rubber glove market in 2022. The regions covered in this rubber glove market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the rubber glove market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The rubber glove market consists of sales of chloronite, vinyl, butyl rubber and neoprene. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global rubber gloves market is segmented - 1) By Type: Powdered, Powder Free 2) By Material: Natural Rubber/Latex, Nitrile, Neoprene, Other Materials 3) By Product: Disposable, Durable 4) By Distribution Channel: Online, Physical 5) By End-User: Medical And Healthcare, Automotive, Oil And Gas, Food And Beverage, Metal And Machinery, Chemical And Petrochemical, Pharmaceutical, Cleanroom, Other End-User 

Rubber processing oils function as plasticizers, improving the processability and filter incorporation, or as extenders. These oils also help to improve the physical properties of vulcanization, lowering the cost of rubber compound end products. Rubber process oil is used in the production of toys, rubber bands, automotive tires, and aircraft parts. The main types of rubber process oil include aromatic, paraffinic, naphthenic, mild extracted solvent (MES), residual aromatic extracted solvent (RAE), and treated distillate aromatic extracted solvent (TDAE). Aromatic rubber process oils have a double-bonded mixed ring carbon structure. These oils have color stability, solubility, and thermal stability, which make them ideal for molded articles, slippers, LPG tubes, floor tiles, and others. The different applications of rubber process oil include rubber processing, adhesives and sealants, polymers, consumer products, and paints and coatings, used by end-users including automotive, construction, gas, and oil. The rubber process oil market research report is one of a series of new reports from The Business Research Company that provides rubber process oil market statistics, including rubber process oil industry global market size, regional shares, competitors with a rubber process oil market share, detailed rubber process oil market segments, market trends and opportunities, and any further data you may need to thrive in the rubber process oil industry. This rubber process oil market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global rubber process oil market size is expected to grow from $1.95 billion in 2022 to $2.06 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The rubber process oil market size is expected to grow to $2.45 billion in 2027 at a CAGR of 4.4%. Increased consumption of rubber process oils in manufacturing tires is significantly contributing to the growth of the rubber process oil market. Rubber process oils are used in manufacturing automotive tires and tubes, bicycle tires, tire retreading materials, and others. The growing number of automobiles around the globe has contributed to an overall increase in tire demand, resulting in the growth of the rubber processing oil market. For instance, according to the 2022 Society of Indian Automobile Manufacturers (SIAM) report, between April 2021 and March 2022, passenger vehicle sales climbed from 404,397 to 577,875 units, while commercial vehicle sales increased from 50,334 to 92,297 units, three-wheeler sales increased from 393,001 to 499,730 units. Two-wheeler sales increased from 3,282,786 to 4,443,018 units. Therefore, increased consumption of rubber process oils in the manufacturing of tires has increased the demand for automobiles, which is expected to drive the growth of the rubber process oils market going forward. New product innovations have emerged as a key trend gaining popularity in the rubber processing oil market. Major companies operating in the rubber processing oil sector are focused on developing new products that are efficient and sustainable to strengthen their position in the market. For instance, in May 2020, Nynas, a Sweden-based manufacturer and marketer of naphthenic speciality oils and bitumen products, launched NYTEX BIO 6200. NYTEX BIO 6200 delivers significant and quantifiable contributions to sustainability while maintaining and improving technical performance in tire and rubber applications. NYTEX BIO 6200 is created and refined to be a viable replacement for tire and rubber process oils. In August 2022, Saudi Aramco, a Saudi Arabia-based petroleum and natural gas company, acquired Valvoline Inc.’s global products business for $2.5 billion. With this acquisition, Saudi Aramco will gain Valvoline’s manufacturing and distribution network, research and development capabilities, and partnerships with original equipment manufacturers (OEMs). It also complements Saudi Aramco’s premium line of branded lubricant products. Valvoline is a US-based company that manufactures and distributes automotive oils, additives, and lubricants. Major players in the rubber process oil market are Royal Dutch Shell PLC, Chevron Corporation, Petronas Lubricants Belgium NV, Nynas AB, ORGKHIM Biochemical Holding, Total SA, Repsol SA, Hindustan Petroleum Corporation Limited, Shell International BV, Raj Petro Specialities Pvt Ltd, Petro China Company Limited, Lukoil Oil Company, Exxon Mobil Corporation, Behran Oil Company, and Ergon Inc. Asia-Pacific was the largest region in the rubber process oil market in 2022 and is expected to be the fastest-growing region in the forecast period. The regions covered in the rubber process oil report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the Rubber Process Oil market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and the USA. The rubber processing oil market consists of sales of distillate aromatic extract and paraffin oil. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global rubber process oil market is segmented - 1) By Type: Aromatic, Paraffinic, Napthenic, Mild Extracted Solvent (MES), Residual Aromatic Extracted Solvent (RAE), Treated Distillate Aromatic Extracted Solvent (TDAE) 2) By Application: Rubber Processing, Adhesives And Sealants, Polymer, Consumer Products, Paints And Coatings 3) By End User: Automotive, Construction, Gas And Oil

The synthetic rubber and fiber refer to artificial elastomers that are produced via the polymerization of a variety of petroleum-based monomers. The synthetic rubber and fibers have superior elastic properties and greater durability. The main types of synthetic rubber and fibers are synthetic fibers, styrene-butadiene rubber (sbr), polybutadiene (BR), ethylene propylene (EPDM), and other types of synthetic rubber and fibers. Synthetic fibers are man-made textile fibers, including those made from natural materials (such as rayon and acetate from cellulose or regenerated protein fibers from zein or casein) and fully synthetic fibers (such as nylon or acrylic fibers). The applications involved are non-tire automotive, footwear, tire, construction, and other applications. The distribution channels are offline and online. The synthetic rubber and fibers market research report is one of a series of new reports from The Business Research Company that provides synthetic rubber and fibers market statistics, including synthetic rubber and fibers industry global market size, regional shares, competitors with a synthetic rubber and fibers market share, detailed synthetic rubber and fibers market segments, market trends and opportunities, and any further data you may need to thrive in the synthetic rubber and fibers industry. This synthetic rubber and fibers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry. The global synthetic rubber and fibers market grew from $285.65 billion in 2022 to $307.6 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The synthetic rubber and fibers market is expected to grow to $403.27 billion in 2027 at a CAGR of 7.0%. Technology is expected to be a continued driver of market growth during this period. Industries that involve technology, such as this one, benefited from this trend during this period. For example, technologies such as Green Tires, where 20–30% of a vehicle's fuel consumption is related to tire performance, took off during this period. Green tires offer wet grip, durability, and low rolling resistance, reducing fuel consumption by 5–7%. Thus, technological advances that enabled improved performance and reduced fuel consumption contributed to the market growth. Rising geopolitical tensions had a negative impact on the synthetic rubber and fiber markets during the historic period. Repercussions of geopolitical tensions include sanctions on Russia, trade protectionism, and heightened military tensions in the Middle East. Many countries place trade restrictions, especially on imports, to boost local production. For instance, Brexit is likely to lead to more trade restrictions between the UK and other countries in Europe. The US is also implementing several trade restrictions, especially with China, to boost its local production. For instance, the US imposed tariffs on $550 billion worth of Chinese goods, including chemicals and plastics, as of January 2020. Continued violence and terrorism in the Middle East and other parts of the world are also expected to have a negative impact on the market. Many manufacturers have started to use more synthetic than natural rubber because falling crude oil prices have led to lower prices. Synthetic rubber prices dropped 15% in Europe and 5% in the USA in the second quarter compared to a year earlier. The synthetic rubber supply was consistent and more affordable than natural rubber during the studied period. According to estimates, European manufacturers now use 60% synthetic rubber and 40% natural rubber for manufacturing products associated with rubber. For instance, according to a report by the Rubber World, the global synthetic rubber market is expected to reach 21.2 million metric tons by 2024. Major companies in the synthetic rubber and fibers market include Sinopec Limited, Mitsubishi Chemical Holdings Corp, Exxon Mobil, Lotte Chemical Corp, Odebrecht Engenharia E Construcao Sa, Teijin Ltd., Asahi Kasei Corporation, SK Innovation Co, GS Caltex Corporation, and Lenzing AG. Asia-Pacific was the largest region in the synthetic rubber and fibers market in 2022. Western Europe was the second-largest region in the synthetic rubber and fibers market. The regions covered in the synthetic rubber and fibers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the synthetic rubber and fibers market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The synthetic rubber and fiber market consists of the sales of neoprene, buna rubbers, and butyl rubbers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global synthetic rubber and fibers market is segmented - 1) By Type: Synthetic Fibers, Styrene Butadiene Rubber (SBR), Polybutadiene (BR), Ethylene Propylene (EPDM), Other Synthetic Rubber and Fibers 2) By Application: Non-Tire Automotive, Footwear, Tire, Construction, Other Applications 3) By Distribution Channel: Offline, Online

Styrene-butadiene rubber is a synthetic rubber derived from the co-polymers styrene and butadiene. These materials have good abrasion resistance and good age stability when protected by additives. The main product types of styrene-butadiene rubber are emulsion type and solution type. Emulsions are mixtures composed of two or more liquid types, where one is like tiny droplets of a tiny or even ultramicroscopic size and is distributed among the others. The various applications involved are automotive tires, footwear, polymer modification, adhesives, and other applications. The distribution channels are direct/institutional sales, retail sales, and other channel sales. The styrene-butadiene rubber market research report is one of a series of new reports from The Business Research Company that provides styrene-butadiene rubber market statistics, including global market size, regional shares, competitors with a styrene-butadiene rubber market share, detailed styrene-butadiene rubber market segments, market trends and opportunities, and any further data you may need to thrive in the styrene-butadiene rubber industry. This styrene-butadiene rubber market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global styrene butadiene rubber (SBR) market size will grow from $35.7 billion in 2022 to $37.79 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global styrene butadiene rubber (SBR) market size is expected to grow from $46.55 billion in 2027 at a CAGR of 5.4%. Increased use of Styrene-butadiene rubber in tire manufacturing has contributed to the growth of the SBR market. Styrene-butadiene rubber is one of the key elements in tire manufacturing. Styrene and butadiene monomers are a blend of styrene and butadiene monomers that have natural rubber-like properties. Along with that, they have unique characteristics such as abrasion resistance, perfect impact strength, good resilience, and high tensile strength, which permit them to be suitable for high-end tire manufacturing. Growing sales of automobiles in recent years have led to increased use of SBR by the automobile industry. According to TrueCar Inc., an automotive pricing and information website for new and used car buyers, indicated that in September 2020, sales of new vehicles reached 1,221,092 units. This has led to an increased demand for SBR from the end-use industry, thus driving the market. Safety hazards have always been a major challenge in the styrene-butadiene rubber industry. Due to its potential hazards, butadiene is not sold to customers directly, but it is used in the manufacture of polymers and elastomers. Butadiene is highly volatile and low-water soluble. Long-term exposure to butadiene is detrimental to human health. Exposure to high concentrations can result in damage to the central nervous system, blurred vision, nausea, headache, fatigue, decreased blood pressure, and coma. According to the International Agency for Research on Cancer, 1,3-Butadiene has been listed as a possible carcinogen. Major companies in the styrene-butadiene rubber industry are increasingly investing in artificial intelligence (AI) to enhance their decision-making abilities and thus drive profits. The companies in this industry gather huge amounts of raw data relating to the working of plants and other infrastructure through a large number of sensors placed across the production site. Using big data analytics, companies can detect sensible patterns, which can allow them to quickly react to unwanted changes or potential defects, thus saving costs. AI allows companies to make better operational decisions. Companies such as Zhongce Rubber Group and Yokohama Rubber have been increasingly investing in AI technology to have a centralized method of data management and support data integration across multiple applications. In September 2022, Naftna Industrija Srbije (NIS), a Serbian oil and gas company received permission from the executive of the European Union ‘European Commission’ to acquire HIP-Petrohemija LLC Pancevo (HIPP) for an undisclosed amount. As a result, NIS aims to build HIP Petrohemija through modernization of basic production capacities, development of new plants and improving energy and business efficiency. HIP-Petrohemija LLC Pancevo (HIPP) is a Serbian petrochemicals and synthetic rubber manufacturer. Major players in the styrene-butadiene rubber market are Asahi Kasei, Lanxess, Bridgestone, Michelin, China Petroleum & Chemical, Jsr, The Goodyear Tire & Rubber, Sinopec, Eastman, and SIBUR. Asia-Pacific was the largest region in the styrene-butadiene rubber market in 2022. Western Europe was the second-largest region in the global styrene-butadiene rubber market. The regions covered in the global styrene-butadiene rubber market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the styrene-butadiene rubber market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia. The styrene-butadiene rubber market consists of the sales of hot styrene-butadiene rubbers, cold styrene-butadiene rubbers, and solution styrene-butadiene rubbers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global styrene butadiene rubber (SBR) market is segmented - 1) By Product Type: Emulsion Type, Solution Type 2) By Application: Automotive Tire, Footwear, Polymer Modification, Adhesives, Other Applications 3) By Distribution Channel: Direct/Institutional Sales, Retail Sales, Other Distribution Channels

Paper is a thin, flexible material that is typically manufactured in sheets from rags, wood, and lastics are a collection of materials, either man-made or natural, that can be molded while still soft and then hardened to keep the desired shape; rubber is a material that can be made stretchy by coagulating the milky juice of a variety of tropical plants; wood refers to the majority of the stems, branches, and roots of trees and shrubs are made of a hard fibrous substance called xylem that lies beneath the bark, and "textile" is a colloquial term for any fabric or product made by knitting, felting, or weaving. The main types of paper, plastics, rubber, wood and textile are apparel and leather products, furniture, general manufactured goods, paper products, plastics and rubber products, printing and related support activities, textile and wood products. Leather and allied product manufacturers turn hides into leather by tanning or curing them and then constructing them into finished products, as well as producing similar goods from other materials, such as leather alternatives like rubber, polymers, or textiles (excluding clothes). The different natures include organic, conventional and is distributed through various channels such as supermarkets or hypermarkets, convenience stores, e-commerce, others. The paper, plastics, rubber, wood and textile market research report is one of a series of new reports from The Business Research Company that provides paper, plastics, rubber, wood and textile market statistics, including paper, plastics, rubber, wood and textile industry global market size, regional shares, competitors with a paper, plastics, rubber, wood and textile market share, detailed paper, plastics, rubber, wood and textile market segments, market trends and opportunities, and any further data you may need to thrive in the paper, plastics, rubber, wood and textile industry. This paper, plastics, rubber, wood and textile market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global paper, plastics, rubber, wood and textile market grew from $6573.88 billion in 2022 to $7032.76 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The paper, plastics, rubber, wood and textile market is expected to grow to $8939.16 billion in 2027 at a CAGR of 6.2%. Rapid Technological Development - Technology is expected to be a continued driver of market growth during this period. Industries that involve technology, such as this one, benefited from this trend during this period. For example, technologies such as "Green Tires," where 20-30% of a vehicle's fuel consumption is related to tire performance, took off during this period. Green Tires offer wet grip, durability and low rolling resistance, reducing fuel consumption by 5-7%. Thus, technological advances which enabled improved performance, reduced fuel consumption contributed to the market growth. Corona virus Pandemic - The outbreak of Corona virus disease (COVID-19) has acted as a massive restraint on the paper, plastics, rubber, wood and textile manufacturing market in 2022 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in halting of manufacturing activities and a decline in economic activity with countries entering a state of 'lock down' and the outbreak had a negative impact on businesses throughout 2021 and into 2021. However, it is expected that the paper, plastics, rubber, wood and textile manufacturing market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. Manufacturers in the plastic products industry are investing in automation technologies to reduce production costs, improve productivity and enhance product quality. The use of sensors and wireless technology aids in gathering valuable data that is used to improve efficiencies and reduce errors. This is resulting in streamlined manufacturing processes, better product quality at lower costs. According to ABB, an industrial robot manufacturer, some of their customers reported an increase of 15-30% in productivity after installing robotic automation systems. Around 180,000 machines were employed in the plastic manufacturing industry in 2021, an increase of 67,000 machines over the course of 4 years. Major companies providing industrial robotics include FANUC Corporation, Yaskawa Electric Corporation, ABB Group, KUKA AG, and Kawasaki Heavy Industries, Ltd. Major companies in the paper, plastics, rubber, wood and textile market include Nike Inc., Christian Dior SE, The Michelin Group, Adidas AG, Bridgestone Corporation, International Paper Company, Kimberly Clark Corporation, Rajesh Exports, Procter & Gamble and WestRock Company. Asia-Pacific was the largest region in the paper, plastics, rubber, wood and textile market in 2022. Western Europe was the second largest region in the paper, plastics, rubber, wood and textile market. The regions covered in the paper, plastics, rubber, wood and textile market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the paper, plastics, rubber, wood and textile market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The paper, plastic, rubber, wood, and textile market consists of sales of clothes, groceries, and wood furniture. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global paper, plastics, rubber, wood and textile market is segmented - 1) By Type: Apparel And Leather Products, Furniture, General Manufactured Goods, Paper Products, Plastics And Rubber Products, Printing And Related Support Activities, Textile, Wood Products 2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels 3) By Nature: Organic, Conventional Subsegments Covered: Leather And Allied Products, Apparel, Institutional And Office Furniture, Household Furniture And Kitchen Cabinet, Mattresses, Blinds And Shades, Jewelry And Silverware, Sporting And Athletic Goods, Doll, Toy, And Game, Office Supplies (except Paper), Sign, All Other Miscellaneous Manufactured Goods, Converted Paper Products, Unfinished Paper, Pulp Mills, Rubber Products, Plastic Products, Printing, Support Activities For Printing, Other Textile Product Mills, Fabrics, Yarn, Fiber And Thread, Home Furnishings And Floor Coverings, Textile and Fabric Finishing and Fabric Coating Mills, Finished Wood Products, Wood Processing, Manufactured Wood Materials