Global Liquid Synthetic Rubber Market – Industry Trends and Forecast to 2026

by Suraj Hambire
Posted: Aug 01, 2019

Global liquid synthetic rubber market is expected to rise to an estimated value of USD 5.49 billion by 2026, registering a steady CAGR in the forecast period of 2019-2026. Rising demand of liquid synthetic rubber in sealants, adhesives and coating applications and increasing prevalence for UV curable isoprene rubber are the factor for the growth of this market. Rising demand for products with low VOC concentration will drive the growth of this market.

Market Definition: Global Liquid Synthetic Rubber Market

Synthetic rubbers are artificial elastomers which are usually produced from the by-products of petroleum. Liquid synthetic rubber is liquid polyurethane which generally form compound which have good flow properties and are usually abrasion properties. They are widely used in applications such as industrial rubber manufacturing, tire manufacturing, polymer modification, adhesive and others.

Global Liquid Synthetic Rubber Market Segmentation:

By Product

Liquid Isoprene
Adhesive
Sealants & Coatings
Industrial Rubber Components
Tire Manufacturing
Others
Liquid Butadiene
Industrial Rubber Manufacturing
Polymer Modification
Tire Manufacturing
Others
Liquid Styrene Butadiene
Tire Manufacturing
Polymer Modification
Adhesives
Others

By Application

Adhesive
Industrial Rubber Manufacturing
Tire Manufacturing
Polymer Modification
Others
Sealants & Coatings
Industrial Rubber Components

By Geography

North America
U.S.
Canada
Mexico
South America
Brazil
Argentina
Rest of South America
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Malaysia
Indonesia
Thailand
Philippines
Rest of Asia-Pacific
Middle East and Africa
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East and Africa

Key Market Competitors:

Few of the major competitors currently working in the global liquid synthetic rubber market are Royal Adhesives & Sealants, TER HELL & co. GmbH, KURARAY CO., LTD., synthomer plc, Evonik Industries, KUMHO PETROCHEMICAL, Lion Elastomers, U.S. Plastic Corp, Addivant, LG Chem, Plasti Dip International, Libratama Group, FLEXILIS PVT LTD, M/S. Dharam Pal Aggarwal & Sons, Arihant Oil & Chemicals, KISCO LTD, Gardner Coatings, and others.

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Key Developments in the Market:

In April 2017, LANXESS announced that they have acquired Chemtura which will help the company to expand their additive business and will also expand their product portfolio. This acquisition will strengthen their position in North America and will also increase their sale globally.
In February 2018, LANXESS announced that they have acquired phosphorus chemicals business from Solvay. This will help the company to strengthen their position in the market and expand them in North America and Asia regions. This acquisition will help the company to produce phosphorus chloride plus numerous derivative products.

Market Drivers:

Increasing demand for products with low VOC concentration will drive the growth of this market
High price of the natural rubber will also propel the market
Rising demand for liquid synthetic rubber for industrial rubber manufacturing will also drive the growth of this market
Increasing manufacturing industries worldwide will also contribute as a driver for this market

Market Restraints:

Fluctuation in the cost of the raw material will also restrain the market growth
Increasing environmental concern among population will also hamper the growth

Key insights in the report:

Complete and distinct analysis of the market drivers and restraints
Key Market players involved in this industry
Detailed analysis of the Market Segmentation
Competitive analysis of the key players involved

About Data Bridge Market Research:

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