Synthetic Rubber Market- Global Industry Analysis and Forecast 2015-2023

Transparency Market
Research
Synthetic Rubber Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2015 - 2023

Published Date
16-July-2015

212 Page Report

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Press Release

Synthetic Rubber Market is Expected to Reach US$ 45,767.1 Mn
by 2023 : TMR
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Synthetic Rubber Market

REPORT DESCRIPTION

Synthetic Rubber Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 2023
Transparency Market Research has released a new market report titled “Synthetic Rubber Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2023.” According to the report, the
global synthetic rubber market was valued at US$ 29,121.2 Mn in 2014 and is anticipated to reach US$
45,767.1 Mn by 2023, expanding at a CAGR of 5.1% from 2015 to 2023.
Browse the full Synthetic Rubber (SBR, BR, EPDM, NBR, and Others) Market for Tires, Industrial
Goods, Footwear, and Other End-users - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2015 - 2023 report at : http://www.transparencymarketresearch.com/synthetic-rubber-market.html
Synthetic rubbers are principally considered as an alternative to natural rubber. Strong emergence of synthetic
rubbers in the global rubber market can be chiefly attributed to several interconnected factors. One of the
major factors that compelled rubber consumers to shift from natural rubber to synthetic rubber is extremely
instable prices of natural rubber. Prevalence of price volatility in the natural rubber market is primarily caused
by issues such as inconsistent supply due to fluctuations in raw material obtainability, geographic constraints
on rubber plantations, long transport distances, and rapidly rising demand for rubber across the globe. This
changing dynamics of the global rubber...