(Companies: DOW, Owens Corning, KUMHO Petrochemical, Teijin, TSRC Corporation)
Asia Pacific is the largest region in the global synthetic rubber and fibers market.
The synthetic rubber and fibers manufacturing market consists of the sales of synthetic rubber by entities (organizations, sole traders or partnerships) that produce synthetic rubber which is an artificial elastomer which is produced via the polymerization of a variety of petroleum-based monomers.
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The synthetic rubber and fibers market is expected to reach a value of nearly $224 billion by 2022, significantly growing at a growth rate of around 3% during the forecast period. The growth in the synthetic rubber and fibers market is due to an increase in economic growth and technological development.
However, the market for synthetic rubber and fibers is expected to face certain restraints from several factors such as increasing interest rate and reduction in free trade.
Increased demand for lightweight and fuel-efficient materials or advanced composite materials is increasing the need for synthetic fibers. Synthetic fibers made from polymer aromatic polyamide are mainly of two types, para-aramid and meta-aramid. Aramids, UHME polyethylene, and POA are the major types of specialty synthetic fibers. Marine, medical, sporting goods, pressure vessel, and reinforcement materials industries are the significant applications for the specialty synthetic fiber market and growth in these markets is driving the fibers market.
Major players in the global synthetic rubber and fibers market include DOW, Owens Corning, KUMHO Petrochemical, Teijin, TSRC Corporation.
Teijin Limited is a Japanese chemical, pharmaceutical and information technology company. Its main fields of operation are high-performance fibers such as aramid, carbon fibers & composites, healthcare, films, resin & plastic processing, polyester fibers, product converting and IT products. Teijin is a member of the Mitsubishi UFJ Financial Group (MUFJ) keiretsu.
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Few Points From Table Of Contents:
6. Synthetic Rubber And Fibers Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Synthetic Rubber And Fibers Market Trends And Strategies
8. Synthetic Rubber And Fibers Market Size And Growth
8.1. Market Size
8.2. Historic Market Growth, Value ($ Billion)
8.2.1. Drivers Of The Market
8.2.2. Restraints On The Market
8.3. Forecast Market Growth, Value ($ Billion)
8.3.1. Drivers Of The Market
8.3.2. Restraints On The Market
9. Synthetic Rubber And Fibers Market Regional Analysis
9.1. Global Synthetic Rubber And Fibers Market, 2018, By Region, Value ($ Billion)
9.2. Global Synthetic Rubber And Fibers Market, 2014 – 2022, Historic And Forecast, By Region
9.3. Global Synthetic Rubber And Fibers Market, Growth And Market Share Comparison, By Region
10. Synthetic Rubber And Fibers Market Segmentation
10.1. Global Synthetic Rubber And Fibers Market, Segmentation By Type, 2014 – 2022, Value ($ Billion)
10.1.1. Fibers
10.1.2. Styrene Butadiene Rubber (SBR)
10.1.3. Polybutadiene (BR)
10.1.4. Ethylene Propylene (EPDM)
10.1.5. Others (IIR, CR, TPR, ABS, etc.)
11. Synthetic Rubber And Fibers Market Metrics
11.1. Synthetic Rubber And Fibers Market Size, Percentage Of GDP, 2014 – 2022, Global
11.2. Per Capita Average Synthetic Rubber And Fibers Market Expenditure, 2014 – 2022, Global
12. Asia-Pacific Synthetic Rubber And Fibers Market
12.1. Asia-Pacific Synthetic Rubber And Fibers Market Overview
12.2. Asia-Pacific, Synthetic Rubber And Fibers Market, 2018, By Country, Value ($ Billion)
12.3. Asia-Pacific, Synthetic Rubber And Fibers Market, 2014 – 2022, Historic And Forecast, By Country
12.4. Asia-Pacific, Synthetic Rubber And Fibers Market, 2014 – 2022, Growth And Market Share Comparison, By Country
12.5. Asia-Pacific, Synthetic Rubber And Fibers Market Metrics
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