According to the report published by Allied Market Research, the global liquid synthetic rubber market garnered $20.3 billion in 2019, and is estimated to reach $28.8 billion by 2027, witnessing a CAGR of 4.5% from 2020 to 2027. The report provides detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, competitive scenario, and regional landscape.
Increase in tyre production worldwide and rise in usage across the adhesive industry drive the global liquid synthetic rubber market. However, variations in prices of raw materials hinder the market growth. On the other hand, rise in penetration in industrial rubber manufacturing create new opportunities in the coming years.
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Covid-19 Scenario:
- The lockdown hindered the manufacturing activities of tyres, adhesives, and automotive parts, which in turn, reduced the demand for liquid synthetic rubber.
- The supply chain has been disrupted due to restrictions on local and international transport. This created a supply-demand gap.
- Insufficiency of raw materials affected the manufacturing activity of liquid synthetic rubber. This negatively affected the growth of the market. However, manufacturing activities would get on track and the demand would increase slowly during the post-lockdown.
The report offers detailed segmentation of the global liquid synthetic rubber market based on product, application, and region.
Based on product, the liquid styrene butadiene rubber segment contributed to the highest share in 2019, accounting for more than two-fifths of the total share, and is estimated to maintain its leadership status during the forecast period. However, the liquid isoprene rubber segment is expected to manifest the highest CAGR of 6.3% from 2020 to 2027.
Based on application, the tyre manufacturing segment held the highest share in 2019, accounting for more than two-fifths the global liquid synthetic rubber market, and is projected to continue its dominance in terms of revenue during the forecast period. However, the adhesives segment is projected to witness the fastest CAGR of 5.0% from 2020 to 2027.
Based on region, Asia-Pacific held the largest share in terms of revenue, contributing to nearly three-fifths of the total market share in 2019, and is estimated to maintain its highest contribution by 2027. Moreover, this segment is expected to portray the highest CAGR of 4.8% during the forecast period. The report also analyzes regions including North America, Europe, and LAMEA.
Leading players of the global liquid synthetic rubber market analyzed in the research include Evonik Industries, Synthomer PLC, H.B. Fuller, Kuraray Co., Ltd., Asahi Kasei Corporation, Saudi Aramco, Efremov Synthetic Rubber, Sibur International GmbH, Nippon Soda Co., Ltd., and Puyang Linshi Chemical New Material Co., Ltd.
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The Liquid Synthetic Rubber market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countriesThe report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the liquid synthetic rubber market include Evonik Industries AG, Kumho Petrochemical Co., Ltd., Kuraray Co., Ltd., LINSHI CHEM (PUYANG) ADVANCED MATERIAL CO., LTD., Nippon Soda Co., Ltd., Royal Adhesives & Sealants, Synthomer plc, and TER HELL & Co. GmbH.
An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.Get more information on "Global Liquid Synthetic Rubber Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/Liquid-Synthetic-Rubber-market/download-sampleMarket DynamicsThe growing tire manufacturing industry along with growing disposable income is fuelling the market growth.
Whereas, rising industrial application and extreme abrasion resistance property are likely to boost demand during the forecast period.This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis.
These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities.
Synopsis:With reference to the report published by the experts the scope of the global Liquid Synthetic Rubber Market was assessed at US$ 3.51 billion in 2017.
It is extensively utilized in the manufacturing of sealants & coatings, adhesive, industrial rubber and Tyres.Drivers:Growing demand for styrene butadiene, isoprene and butadiene through the world for the manufacturing of coatings, adhesives, sealants, Tyres and the products of industrial rubber is estimated to motivate the development of the global liquid synthetic rubber industry.Download Full Research Report on “Liquid Synthetic Rubber Market” @ https://www.millioninsights.com/industry-reports/liquid-synthetic-rubber-marketIncreasing manufacture of Tyres in emerging nations due to growing manufacture of automobiles is estimated to increase the income and the development.
Possessions of natural rubber for example greater price and low-slung resistance to scratch are estimated to increase demand for alternatives for example synthetic rubber.
This is additional issue expected to upkeep the development of the income of the probable market.Restraints:On the other hand, inconsistent prices of the raw material is likely to hamper the development of the liquid synthetic rubber market.Classification:The global liquid synthetic rubber industry can be classified by Application, Product, Type and Region.
Asia Pacific responsible for the biggest share by means of volume along with the revenue due to the existence of most important manufacturing companies of Tyres in Japan and China.
The existence of several manufacturers, readiness of raw materials, low-slung cost of manufacturing and wide-ranging scope of application businesses is estimated to motivate the development of the provincial market for liquid synthetic rubber during the period of forecast.
With reference to the report published by the experts the scope of the global Liquid Synthetic Rubber Market was assessed at US$ 3.51 billion in 2017.
It is estimated to develop by a CAGR of 4.6% during 2017 to 2025 to touch US$ 5.02 billion by the completion of 2025.
Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/liquid-synthetic-rubber-market/request-sample Market Synopsis of Liquid Synthetic Rubber Market: The liquid synthetic rubber is a polyurethane in liquid form.
It is extensively utilized in the manufacturing of sealants & coatings, adhesive, industrial rubber and Tyres.
Increasing manufacture of Tyres in emerging nations due to growing manufacture of automobiles is estimated to increase the income and the development.
Possessions of natural rubber for example greater price and low-slung resistance to scratch are estimated to increase demand for alternatives for example synthetic rubber.
Recently published a report entitled Liquid Synthetic Rubber Market projected till 2026, added by Value Market Research, covers key players along with their market share and strategic development adopted by them.
Further, the report provides market size, share, trends, outlook and forecast based on historical data coupled with drivers, restraints, and opportunities.The broad liquid synthetic rubber market has been sub-grouped into product, and application.
The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
This detail will lead to a focused approach leading to identification of better opportunities.Request a FREE Sample Copy of Liquid Synthetic Rubber Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/liquid-synthetic-rubber-market/download-sampleBy ProductLiquid IsopreneLiquid ButadieneLiquid Styrene ButadieneBy ApplicationAdhesiveIndustrial Rubber ManufacturingTire ManufacturingPolymer ModificationOthers (Sealants & Coatings, Industrial Rubber Components, etc.
)The report also covers detailed competitive landscape including company profiles of key players operating in the global market.
Liquid Synthetic Rubber Market report published by Value Market Research is an in-depth analysis of the market covering its size, share, value, growth and current trends for the period of 2018-2025 based on the historical data.
In addition, it also delivers detailed analysis of regional and country market.The report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the liquid synthetic rubber market include Evonik Industries AG, Kumho Petrochemical Co., Ltd., Kuraray Co., Ltd., LINSHI CHEM (PUYANG) ADVANCED MATERIAL CO., LTD., Nippon Soda Co., Ltd., Royal Adhesives & Sealants, Synthomer plc, and TER HELL & Co. GmbH.
An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.Get more information on "Global Liquid Synthetic Rubber Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/liquid-synthetic-rubber-market/download-sampleMarket DynamicsThe growing tire manufacturing industry along with growing disposable income is fuelling the market growth.
Whereas, rising industrial application and extreme abrasion resistance property are likely to boost demand during the forecast period.This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis.
These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities.
