Synthetic Rubber Market In India

The automotive industry is one of the fastest growing industries in the world and which in turn is related to the synthetic rubber industry.

Synthetic rubber market in india.

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. For the forecast years. 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. 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. Commerce minister calls for boosting rubber production to counter supply squeeze. 17 2020 prnewswire according to the latest market research report synthetic rubber market by type styrene butadiene rubber sbr polybutadiene rubber br.

India industrial rubber market by type natural rubber and synthetic rubber by product mechanical rubber good rubber belt rubber hose rubber roofing and others by application automotive construction manufacturing medical healthcare electrical electronics others by company by region forecast opportunities 2025. Press release synthetic rubber market global size overview growth drivers industry share and forecast to 2026 published. 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.

Comparatively domestic sr production was 480 000t y. 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.