Ceresana

Rubber Makes the World Go Round: Ceresana Analyzes the Global Market for Synthetic Rubber

Pressemitteilung   •   Feb 25, 2016 14:23 CET

Making cuts into the bark of rubber trees would not get us far anymore: By now, traffic runs above all on synthetic rubber. The automotive industry is by far the main customer for elastically deformable plastics. This is one conclusion of the new report of the market research company Ceresana which analyzes the global market for synthetic rubbers for the second time now. "Every year, more than 12.6 million tonnes of these materials are consumed all over the world", announces Oliver Kutsch, CEO of Ceresana. "Demand is rising especially in the region Asia-Pacific which consumes already more than half of all rubbers produced." The market study provides extensive data starting 2006 and forecasts data until 2022.

Tires Are the Most Important Sales Market

In 2014, almost 60% of all rubbers were processed for tires. Elastic materials are essential for the automotive industry but also for many other application areas, for example for hoses and cables, gaskets as well as profiles for windows and doors. Ceresana expects demand for rubber in the automotive industry to rise further until 2022 by 2.4% p.a. despite several crises.

Industry and Construction Show an Increase


Even more significantly, the worldwide demand for rubber for technical and industrial applications will grow by 2.9% p.a. Ranging from the chemical industry, engineering, and construction to electrics and electronics, increasing numbers of rubber are needed. Examples are conveyor belts, roll coverings, hoses, profiles, gaskets, cables, moldings, and roofing films, as well as adhesives.

Not All Rubber Is Alike

The by far most important type of rubber is styrene butadiene rubber (SBR): Over 5.3 million tonnes were processed in 2014. This type is produced by emulsion polymerization (E-SBR) or by solution polymerization (S-SBR). While E-SBR accounts for 73% of total SBR demand, the market for S-SBR develops at significantly more dynamical growth rates of more than 5% p.a. For tires, mainly these two SBR types are used. For industry and construction products as well as for the modification of materials, other types are preferred, for example ethylene propylene diene rubber (EPDM) or polychloroprene rubber (CR).

The Study in Brief:

Chapter 1 provides a description and analysis of the global rubber market, including forecasts up to 2022: The development of revenues, demand volumes and production is analyzed for each region of the world.
Chapter 2 offers a detailed analysis of 20 countries: Demand, export, import, production, capacities and revenues in regard to rubber. Additionally, these countries are split by application areas and demand volumes are split by types of rubber.
Chapter 3 analyzes the different types of application areas of rubbers in detail: Data and influential factors on application in tires, automobiles, industry and construction, modification of materials as well as other applications.
Chapter 4 analyzes demand for rubber split by the types styrene butadiene rubber (E-SBR and S-SBR), polybutadiene rubber (BR), ethylene propylene diene rubber (EPDM), butyl rubber (IIR), acrylonitrile butadiene rubber (NBR), polychloroprene rubber (CR) and polyisoprene rubber (IR).
Chapter 5 offers a useful directory of the 70 most important producers, clearly arranged according to contact details, revenues, profit, product range, production sites, profile summary, and specific information on rubbers. The most important manufacturers include: Bridgestone Corporation, ExxonMobil Chemical Company, Goodyear Tire & Rubber Company, Grupo KUO, SAB de CV, JSR Corporation, Kumho Polychem Co., Ltd., Lanxess AG, LG Chem Ltd., Manufacture Française des Pneumatiques Michelin, Nizhnekamskneftekhim JSC (NKNK), PetroChina Co., Ltd., Reliance Industries Ltd., The Dow Chemical Company, TSRC Corporation, Versalis S.p.A., and Zeon Corporation.

Further Information: www.ceresana.com/en/market-studies/plastics/synthetic-rubber/

Ceresana is a leading international market research and consultancy company for the industrial sector and operates branch offices in Constance, Vienna and Hong Kong. For more than 10 years, Ceresana has been supplying several thousand customers from 60 countries with up-to-date market intelligence. Extensive market knowledge creates new prospects for strategic and operational decisions. Ceresana's clients profit from implementation-oriented consulting services, tailor-made single-client studies and more than 90 independent multi-client market studies. Ceresana's analysts are experts in the following markets: Chemicals, plastics, additives, commodities, industry, consumer goods, packaging, agriculture, and construction materials.

Learn more about Ceresana at www.ceresana.com/en