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The Global Synthetic Rubber Market research study published by Emergen research is an extensive collection of insightful information about the Synthetic Rubber industry. The report covers the Synthetic Rubber Market segmentation along with a detailed outline of the Synthetic Rubber market size with regards to volume and valuation. The report provides comprehensive coverage of the Synthetic Rubber market scenario for the current period and forecast timeline of 2021-2028. The Synthetic Rubber market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.
The synthetic rubber market size is expected to reach USD 24.90 Billion at a revenue CAGR of 3.8% in 2028, according to latest analysis by Emergen Research. Steady global synthetic rubber market growth can be attributed to increasing cost of natural rubber and various benefits provided by synthetic rubber over natural rubber. Synthetic rubber possesses better durability and extended service life as compared to natural rubber due to greater endurance to degradation and damage caused by chemicals and improved resistance to low and high temperatures, UV radiation, ozone, and weathering.
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Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Based on the competitive landscape, the market report analyzes the key companies operating in the industry: DuPont, SABIC, SIBUR International, Exxon Mobil Corporation, Asahi Kasei Corporation, LG Chem Ltd., Goodyear Tire & Rubber Company, Lanxess AG, Mitsui Chemicals Inc., and JSR Corporation.
The report offers insightful information about the market dynamics of the Synthetic Rubber market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Synthetic Rubber market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Synthetic Rubber market.
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Some Key Highlights from the Report
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/synthetic-rubber-market
Emergen Research has segmented the global synthetic rubber market on the basis of product type, application, and region:
Product Type Outlook (Revenue, USD Billion; 2018–2028)
Application Outlook (Revenue, USD Billion; 2018–2028)
Radical Highlights of the Synthetic Rubber Market Report:
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The post Synthetic Rubber Market May See Big Move | DuPont, SABIC, SIBUR International, Exxon Mobil Corporation and more appeared first on Market O Graphics.
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