Synthetic Rubber and Fibers Global Market Briefing

Synthetic Rubber and Fibers Global Market Briefing Released By The Business Research Company

http://www.thebusinessresearchcompany.com/product-category/chemicals/

Synthetic Rubber and Fibers Global Market Briefing provides strategists, marketers and senior management with the critical information they need to assess the global Synthetic Rubber and Fibers Services sector.

The synthetic rubber manufacturing industry is comprised of establishments which primarily manufacture synthetic rubber, which is a polymer either produced from natural sources such as natural rubber or synthesized on an industrial scale.

Synthetic rubber is an artificial elastomer which is produced via the polymerization of a variety of petroleum-based monomers. Styrene butadiene rubber (SBR) is the most prevalent synthetic rubber.

The largest segments in the synthetic rubber and fibers market as of 2015 were fibers, Styrene Butadiene Rubber (SBR), Polybutadiene (BR) and Ethylene Propylene (EPDM).

Demand for New Products :Increased demand for lightweight and fuel efficient materials or advanced composite materials is increasing the need for synthetic fibers. Synthetic fibers made from polymer aromatic polyamide are mainly of two types, para aramid and meta aramid. Aramids, UHME polyethylene, and POA are the major types of specialty synthetic fibers. Marine, medical, sporting goods, pressure vessel, and reinforcement materials industries are the other significant applications for the specialty synthetic fiber market.

Synthetic Rubber Consumption Greater Than Natural Rubber :Many manufacturers have started to use more synthetic than natural rubber because falling crude oil prices led to lower prices.   Synthetic rubber prices dropped 15% in Europe and 5% in the USA in the second quarter of 2015 from the previous corresponding period last fiscal quarter. Synthetic rubber supply was consistent and more affordable than natural rubber during the studied period. According to...