Nov 24, 2017   SOURCE: BusinessWire

Global Synthetic Rubber Market 2017-2021 - Key Vendors are Asahi Kasei, Bridgestone, ExxonMobil, Lanxess & Michelin - Research and Markets

The "Global Synthetic Rubber Market 2017-2021" report has been added to Research and Markets' offering.

The global synthetic rubber market to grow at a CAGR of 5.16% during the period 2017-2021.

Global Synthetic Rubber Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, one of the major drivers for this market is Increasing preference over natural rubber. The market is witnessing an increasing demand for synthetic rubber over natural rubber mainly because of their significantly less price and a wide variety of options to meet the increasing demand. The development of synthetic rubber itself was due to the high price and less supply of natural rubber.

The latest trend gaining momentum in the market is Rising acceptance for green tires. Around 5-10 gallons of petroleum are required to manufacture a tire. The concept of manufacturing green tires mainly refers to the enhancements in fuel economy that is a result of reducing the rolling resistance of tires.

Key vendors

  • Asahi Kasei Corporation
  • Bridgestone
  • ExxonMobil
  • LANXESS
  • MICHELIN

Other prominent vendors

  • China National Petroleum Corporation
  • China Petroleum & Chemical Corporation
  • Denka Company
  • DowDuPont
  • Grupo Dynasol
  • JSR
  • KUMHO PETROCHEMICAL
  • LCY GROUP
  • Reliance Industries
  • SABIC
  • Sumitomo Chemical
  • The Goodyear Tire & Rubber Company
  • TSRC
  • UBE INDUSTRIES
  • Versalis

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Product

Part 07: Market Segmentation By Application

Part 08: Regional Landscape

Part 09: Decision Framework

Part 10: Drivers And Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Landscape

Part 14: Key Vendor Analysis

Part 15: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/5zbk5d/global_synthetic