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.
Synthetic Rubber and Fibers Global Market Size
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.
Synthetic Rubber and Fibers Global Market Trend
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.
Synthetic Rubber and Fibers Global Market Segmentation
Synthetic rubber and fibers market is segmented into synthetic fibers, styrene butadiene rubber (SBR), polybutadiene (BR) and ethylene propylene (EPDM).
Synthetic fibers are man-made textile fibers which are usually made from natural materials, such as rayon and acetate from cellulose, or regenerated protein fibers from zein or casein, as well as fully synthetic fibers such as nylon or acrylic fibers.
Styrene butadiene rubber (SBR) describes the families of synthetic rubbers derived from the co-polymers styrene and butadiene. These materials have good abrasion resistance and good aging stability when protected by additives.
Polybutadiene (BR) is a synthetic rubber formed from the polymerization process of the monomer 1,3-butadiene. Polybutadiene is abrasion-resistant and is used especially in the manufacture of tires, as an additive to improve the mechanical strength of plastics such as polystyrene and acrylonitrile butadiene styrene (ABS).
Ethylene Propylene (EPDM) is a type of synthetic rubber formed as a terpolymer of ethylene, propylene, and a diene-component. It is resistant to heat and electricity along with being non-reactive towards acids and alkali compounds.