Synthetic Rubber Market In India

Asia pacific is the largest producer as well as consumer with thailand being the largest producing country of natural rubber and china being the largest consumer.

Synthetic rubber market in india.

Synthetic rubber is a type of elastic polymer majorly obtained from petroleum by products. Along with qualitative information this report include the quantitative analysis of various segments in terms of market share growth opportunity analysis market value etc. 21 2020 at 12 41 a m. Press release synthetic rubber market global size overview growth drivers industry share and forecast to 2026 published.

At the end of 2016 demand for synthetic rubber sr in india was 580 000t y driven by strong tyre demand from the automobile sector said juan ramon salinas managing director and chief executive officer of the international institute of synthetic rubber producers. Global synthetic rubber market was valued at usd 28 27 billion in 2018 and is expected to reach usd 46 58 billion by 2026 at a cagr of 6 44. The report on global synthetic rubber and fibers market offers in depth analysis on market trends drivers restraints opportunities etc. At the end of 2017 call for synthetic rubber sr in india was 580 000t y driven by strong tyre call from the automobile segment.

Synthetic rubber market drivers and restraints. Analysis of natural rubber market price and supply and demand situation in september 2020 global rubber market news india. 17 2020 prnewswire according to the latest market research report synthetic rubber market by type styrene butadiene rubber sbr polybutadiene rubber br. Commerce minister calls for boosting rubber production to counter supply squeeze.

To get more information on the regional analysis of this market request a free sample the market size in asia pacific stood at usd 22 09 billion in 2019. Comparatively domestic sr production was 480 000t y.