The global Non-Tire Synthetic Rubber market was valued at 1544.04 Million USD in 2021 and will grow with a CAGR of 5.03% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Non-tire synthetic rubber is generally in term of all rubber products except product used in tires field, it covers a range of industrial, construction, medical and public health, sports and household and other rubber products, there are varieties of products.First, the Non-tire synthetic rubber industry concentration is not high; there are more than one hundreds manufacturers in the world, and high-end products mainly from America and western European. In the world wide, giant manufactures mainly distribute in American Russia and China. For now, China has a unshakable status in this industry, like Sinopec and CNPC, both have perfect products. As to US, the Exxon Mobil has become a leader. In Germany, it is Lanxess leads the technology development. In China, the manufactures focus in Shandong and shanghai province. Second, many company have several plants, usually close to aimed consumption market. There are international companies set up factories in China too, such as Lanxess their plant in Jiangsu province. Some company usually take a joint venture enter into aim market, like TSRC who take their advantage merge with JSR, whom key market is in Asia-Pacific. Third, all manufactures in the world are committed to the improvement of product. These two years, some Chinese manufactures can almost catch up with the world`s leading technology too. Fourth, the import and export percent of this industry is not high. Because many international manufactures expand their business through building factories or investments. Fifth, company mergers and acquisitions, and inter-companies cooperation have occurred for development and growth. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas` company prefers investing to underdevelopment regions these years. Sixth, this industry is affected by the economy and policy, so it`s important to put an eye to economic indexes and leaders` prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of Non-tire Synthetic Rubber will increase.

By Market Verdors:

Lanxess

KUMHO Petrochemical

Exxon Mobil

Goodyear

Polimeri Eruopa

Sibur

NKNH

Lion Elastomers

JSR

Zeon

Kraton

TSRC

American Synthetic

LG Chemical

DowDuPont

LCY Chemical

Sinopec Beijing Yanshan

Sinopec Shanghai Gaoqiao

Shen Hua Chemical

Sinopec Qilu

CNPC Jilin

Sinopec Balin

YPC-GPRO Rubber

Transfar

Sinopec Maoming

Daqing Oilfield of CNPC

CNPC Lanzhou

CNPC jinzhou

Dushanzi Petrochemical

Changshou Chemical

By Types:

General rubber

Special rubber

By Applications:

Automotive (non-tire)

Building/construction

Industrial products

Polymer modification

Wire/cable

Electrical

Foot ware

Coating/sealants/adhesives

Medical/healthcare

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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