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Synthetic Rubber Companies (2024 - 2029)

Several globally recognized companies are making significant strides in their respective industries. These corporations, ranging from petrochemical conglomerates to tire and rubber manufacturers, are continuously innovating and expanding their operations. The firms are not only diversifying their product portfolios but also actively investing in research and development to stay ahead in the competitive market. These businesses are also focusing on sustainable practices and technologies to reduce their environmental impact. In summary, these companies are the driving forces behind the growth and evolution of their respective sectors.

Home Market Analysis Chemicals & Materials Research Plastics, Polymers, and Elastomers Research Elastomers Research Rubber Research Synthetic Rubber Research Synthetic Rubber Industry Companies

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Top Companies in Synthetic Rubber Market

This report lists the top Synthetic Rubber companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Synthetic Rubber industry.

  1. Kumho Petrochemical

  2. Saudi Arabian Oil Co.

  3. TSRC

  4. Exxon Mobil Corporation

  5. China Petrochemical Corporation

*Disclaimer: Top companies sorted in no particular order

Synthetic Rubber Market Major Players

Synthetic Rubber Market Concentration

Synthetic Rubber Market Concentration

Synthetic Rubber Company List

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Increasing Demand from Rising Sales of Electric Vehicles

      2. 4.1.2 Other Drivers

    2. 4.2 Restraints

      1. 4.2.1 Replacement of Rubber by Polyurethanes in Some Applications

      2. 4.2.2 Other Restraints

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION (Market Size in Value)

    1. 5.1 Type

      1. 5.1.1 Styrene Butadiene Rubber (SBR)

      2. 5.1.2 Ethylene Propylenediene Rubber (EPDM)

      3. 5.1.3 Polyisoprene (IR)

      4. 5.1.4 Polybutadiene Rubber (BR)

      5. 5.1.5 Isobutylene Isoprene Rubber (IIR)

      6. 5.1.6 Other Types

    2. 5.2 Application

      1. 5.2.1 Tire and Tire Components

      2. 5.2.2 Non-tire Automobile Applications

      3. 5.2.3 Footwear

      4. 5.2.4 Industrial Goods

      5. 5.2.5 Other Applications

    3. 5.3 Geography

      1. 5.3.1 Asia-Pacific

        1. 5.3.1.1 China

        2. 5.3.1.2 India

        3. 5.3.1.3 Japan

        4. 5.3.1.4 South Korea

        5. 5.3.1.5 Malaysia

        6. 5.3.1.6 Thailand

        7. 5.3.1.7 Vietnam

        8. 5.3.1.8 Indonesia

        9. 5.3.1.9 Rest of Asia-Pacific

      2. 5.3.2 North America

        1. 5.3.2.1 United States

        2. 5.3.2.2 Canada

        3. 5.3.2.3 Mexico

      3. 5.3.3 Europe

        1. 5.3.3.1 Germany

        2. 5.3.3.2 United Kingdom

        3. 5.3.3.3 France

        4. 5.3.3.4 Italy

        5. 5.3.3.5 Spain

        6. 5.3.3.6 Russia

        7. 5.3.3.7 NORDIC

        8. 5.3.3.8 Turkey

        9. 5.3.3.9 Rest of Europe

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Colombia

        4. 5.3.4.4 Rest of South America

      5. 5.3.5 Middle-East and Africa

        1. 5.3.5.1 Saudi Arabia

        2. 5.3.5.2 South Africa

        3. 5.3.5.3 United Arab Emirates

        4. 5.3.5.4 Nigeria

        5. 5.3.5.5 Qatar

        6. 5.3.5.6 Egypt

        7. 5.3.5.7 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share (%)**/Ranking Analysis

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Apcotex

      2. 6.4.2 China Petrochemical Corporation

      3. 6.4.3 ENEOS Corporation

      4. 6.4.4 Exxon Mobil Corporation

      5. 6.4.5 Kumho Petrochemical

      6. 6.4.6 LANXESS

      7. 6.4.7 LG Chem

      8. 6.4.8 Mitsubishi Chemical Corporation

      9. 6.4.9 Reliance Industries Limited

      10. 6.4.10 SABIC

      11. 6.4.11 Saudi Arabian Oil Co.

      12. 6.4.12 SIBUR

      13. 6.4.13 Synthos

      14. 6.4.14 The Goodyear Tire & Rubber Company

      15. 6.4.15 TSRC

      16. 6.4.16 Versalis S.p.A.

      17. 6.4.17 Dow

    5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Development of Bio-based Feedstock for Synthetic Rubber

    2. 7.2 Other Opportunities


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Competitive Landscape Report Includes

Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments). Key Strategic Moves, Market Share Analysis, Company Landscape, and List of Companies.

Synthetic Rubber Market Companies Summary

The synthetic rubber market is characterized by the presence of several key players. These enterprises contribute significantly to the market's growth and development. They engage in various strategies such as mergers, acquisitions, partnerships, and product innovations to maintain their market positions and expand their customer base. These corporations play a vital role in the production and supply of synthetic rubber across the globe. One of the primary drivers of the synthetic rubber market is the increasing demand from the tire and tire components segment. This demand is primarily driven by the tire manufacturing industry, where synthetic rubber is a material of choice due to its durability and wear resistance. Additionally, the market's growth is expected to be helped by the increasing production of electric vehicles. However, the use of alternatives such as polyurethanes in some applications may hinder the market's growth. Despite these challenges, future opportunities could arise from the development of bio-based feedstock for synthetic rubber and the growing demand for medical gloves.

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Synthetic Rubber Companies - Table of Contents

  1. 1. COMPETITIVE LANDSCAPE

    1. 1.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 1.2 Market Share (%)**/Ranking Analysis

    3. 1.3 Strategies Adopted by Leading Players

    4. 1.4 Company Profiles

      1. 1.4.1 Apcotex

      2. 1.4.2 China Petrochemical Corporation

      3. 1.4.3 ENEOS Corporation

      4. 1.4.4 Exxon Mobil Corporation

      5. 1.4.5 Kumho Petrochemical

      6. 1.4.6 LANXESS

      7. 1.4.7 LG Chem

      8. 1.4.8 Mitsubishi Chemical Corporation

      9. 1.4.9 Reliance Industries Limited

      10. 1.4.10 SABIC

      11. 1.4.11 Saudi Arabian Oil Co.

      12. 1.4.12 SIBUR

      13. 1.4.13 Synthos

      14. 1.4.14 The Goodyear Tire & Rubber Company

      15. 1.4.15 TSRC

      16. 1.4.16 Versalis S.p.A.

      17. 1.4.17 Dow

    5. *List Not Exhaustive

Synthetic Rubber Companies FAQs

Kumho Petrochemical, Saudi Arabian Oil Co., TSRC, Exxon Mobil Corporation and China Petrochemical Corporation are the major companies operating in the Synthetic Rubber Market.

Synthetic Elastomers Market Report Snapshots

Synthetic Rubber Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)