1. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Rubber Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Russia, Spain, China, India, Japan, Australia, Brazil, Mexico, GCC, South Africa), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024 Rubber Market to Witness A Phenomenal Growth over 2018 to 2024

2. Global Market Scenario of Rubber Market © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Rubber Market Size is likely to witness a steady growth from 2018 to 2024 due to increasing tire demand in automobile & transportation industry  Rubber originates from three different sources such as natural, synthetic, and reclaimed rubber. Natural rubber is harvested in the form of latex from trees such as hevea brasiliensis, congo, dandelion and others.  It is a natural polymer consisting of organic compound isoprene and water having water proof ability and high resilience and stretch ratio.  Synthetic rubber is elastomer polymers which are mainly manufactured from petroleum byproducts. It has extensive application in automobile & transportation industry for hoses, matting, tires, belts, etc. It also finds its usage in other sector such as in industrial application, in packaging, construction, electrical & electronics, and others such as HVAC, oil & gas, bowling, etc  Various types of commercialized synthetic rubber are styrene-butadiene (SBR), nitrile, chloroprene, silicone rubber, etc..  Reclaimed or recycled rubber is manufactured by application of heat and chemical agents, and mechanical working on ground vulcanized scarp tubes, tires and other waste products.

3. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Product Analysis:- On basis of product, the rubber market is segmented as natural, synthetic, and reclaimed rubber. Synthetic rubber is further classified into styrene butadiene (SBR), butyl (BR), nitrile (NR), ethylene propylene diene (EPDM), silicone, chloroprene polyurethane, fluorocarbon, and others such as acrylic, epichlorohydrin, polysulfide, etc. Among all, the global product market share will be led by synthetic segment, followed by reclaimed rubber. Rubber market has myriad end use domain such as automobile & transportation, electrical & electronics, construction, packing, etc. Automobile & transportation has gathered enough substantiation to widen the product application matrix owing to the maximum use of rubber in tire industry, and other application such as brakes, flooring, interior of passenger cars, bus, etc. Global tire demand in 2016 was more than 1500 million unit and it is likely to grow in forecast timeframe which in turn will propel the growth of rubber market. Regional Trends:- Asia Pacific will have a significant contribution in global rubber market in terms of production as well in consumption owing to rapid urbanization and industrialization in this region. Moreover, manufacturers based in the developed countries of North America and Europe are shifting their production bases to developing economies owing to low raw material, operation & labor costs, which will result in a robust growth for the product market.

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5. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Competitive Trends: The key participants in the rubber market are Lanxess, ExxonMobil Chemical Co., LG Chem, Sibur International Gmbh, Carst & Walker, Kuraray Co. Ltd, Karbochem, Reliance Industries Limited, Kraton, Dow Chemicals, BRP Manufacturing Company, Asahi Kasei Corp., Sinopec, Showa Denko, PetroChina Company ltd, etc

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