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Liquid Synthetic Rubber Market Share

Report ID: GMI4007
Published Date: Sep 2024
Report Format: PDF

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Liquid Synthetic Rubber Market Share

The liquid synthetic rubber industry is highly competitive. Industry players are ramping up investments in research and development to craft innovative formulations that captivate the market. Manufacturers are forging more collaborations and partnerships, streamlining product development, and expediting patent applications.

Liquid Synthetic Rubber Market Companies

Major players operating in the liquid synthetic rubber industry include:

Asahi Kasei
ENEOS Corporation
Evonik Industries AG
JSR Corporation
Kumho Petrochemical
Kuraray Co., Ltd
Nippon Soda Co., Ltd
Puyang Linshi Chemical New Material Co., Ltd
Royal Adhesives & Sealants
Sinopec
Synthomer PLC

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

Market size for liquid synthetic rubber was worth USD 10.6 billion in 2023 and will expand at a 3.9% CAGR between 2024 and 2032, driven by its increasing demand in the automotive and tire industries.

Liquid synthetic rubber industry from the styrene-butadiene rubber segment recorded USD 6 billion in 2023 due to its extensive use in the automotive sector, particularly in tire manufacturing.

Asia Pacific industry captured 50% share in 2023, owing to the expanding automotive sector and robust infrastructure development.

Asahi Kasei, ENEOS Corporation, Evonik Industries AG, JSR Corporation, Kumho Petrochemical, Kuraray Co., Ltd, Nippon Soda Co., Ltd, Puyang Linshi Chemical New Material Co., Ltd, Royal Adhesives & Sealants, Sinopec, and Synthomer PLC, among others.