Chinese Synthetic Rubber Sector Discussed by TechSci Research in Its Insightful Report Available at MarketPublishers.com27 Oct 2015 • by Natalie Aster
LONDON – The Chinese synthetic rubber market is segmented into polybutadiene rubber (PBR), styrene butadiene rubber (SBR), and styrenic block copolymer (SBC), of which PBR and SBR are widely used in the local tyre industry due to their strength and outstanding mechanical properties. SBC is extensively used in asphalt modification and the footwear sector. Other key popular synthetic rubber segments encompass ethylene propylene-diene monomer rubber (EPDM), butyl rubber or isobutylene isoprene rubber (IIR), nitrile butadiene rubber (NBR), and poly-isoprene or isoprene rubber (IR).
China’s synthetic rubber market is predicted to surpass the USD 12 billion mark by 2020. The growth is anticipated on account of continuously rising production output of the national tyre industry in tandem with surging demand for synthetic rubber from footwear, polymer modification, asphalt modification and adhesives industries. The world’s leading tyre makers have set up their manufacturing facilities in the country, in order to capitalise on rising domestic synthetic rubber demand. Sinopec Corporation and PetroChina are the major players involved in the local synthetic rubber industry. Other prominent global players operating in China comprise LCY Chemical Corp., TSRC Corporation, and Lanxess.
New study “China Synthetic Rubber Market Forecast and Opportunities, 2020” developed by TechSci Research presents an all-round, unbiased analysis of the Chinese synthetic rubber sector. It includes market size (by value and volume) and share data (by type, application, region, and by company) plus forecasts to 2020; and also the market attractiveness index (by type and application) showing the overall level of industry attractiveness. The report presents a granular investigation of each of the market segments, provides an overview of raw materials, includes Porter’s five force analysis, as well as sheds light on import and export situation. It also provides a deep dive into key drivers and challenges along with their impact, major trends in the industry, and also the policy and regulatory landscape. The research report offers an exhaustive examination of the competitive landscape and profiles the 10 major companies. Furthermore, strategic recommendations are available, too.
China Synthetic Rubber Market Forecast and Opportunities, 2020
Date: October, 2015
Price: US$ 2,500.00
More reports elaborated by the publisher can be found at TechSci Research page.