Home > Chemicals & Materials > Polymers > Industrial Polymers > Liquid Synthetic Rubber Market

Liquid Synthetic Rubber Market Trends

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

Liquid Synthetic Rubber Market Trends

The liquid synthetic rubber industry is experiencing a surge in demand due to advancements in construction and infrastructure projects, particularly in developing regions. Its rising adoption in the construction industry is largely due to its pivotal role in waterproofing membranes, adhesives, and sealants. In the automotive sector, a heightened emphasis on fuel efficiency and reducing vehicle weight has spurred the use of lightweight materials, prominently featuring liquid synthetic rubber in tire formulations. Furthermore, technological innovations, including enhanced formulations for superior performance, are paving the way for new applications in burgeoning industries such as electronics and medical devices, thereby expanding the market's horizons.

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.

Liquid Synthetic Rubber Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 11
  • Tables & Figures: 250
  • Countries covered: 18
  • Pages: 210
 Download Free Sample