The leading companies in Global Synthetic Rubber Market: Lanxess, Good Year, KKPC (Kumho Petrochemical Co.) & Exxon Mobil Corp
Dallas, Texas (PRWEB) April 07, 2014
Synthetic rubber is a chemically manufactured elastomer which is produced by the polymerization of two or more petroleum-derived monomers. Synthetic rubber plants were built after 1945 and since then it has maintained the lead over natural rubber. Polybutadiene rubber (BR) and Styrene Butadiene Rubber (SBR) are the two most important types of synthetic rubber and Butadiene is the primary feedstock for its production. Industrial players of synthetic rubber operate in the marketplace on the basis of low manufacturing cost, quality, technology and most importantly price to stay ahead.
The synthetic rubber industry produces a variety of products that are used by the fabrication industries. Most of the output of the synthetic rubber industry is taken up by tire industries, thus categorizing this industry as one of the predominant users of synthetic rubber. Apart from tires, synthetic rubber has applications in various segments like shoe soles, high-speed railway, aviation etc.
Purchase a copy of this report @ http://www.marketreportsonline.com/contacts/purchase.php?name=323495.
The key factors driving the growth of the synthetic rubber industry include accelerating automotive industry, technological advancement and slump in raw material prices. Some of the noteworthy trends and developments in this industry are increasing demand for high performance material, declining prices, rigorous competition and improved supply. However, the expansion of global synthetic rubber industry is hindered by rising environmental concerns and depletion of fossil fuels.
The report “Global Synthetic Rubber Market” provides an in-depth analysis of the production, consumption and capacity of the global synthetic rubber market with a focus on its segments including: Polybutadiene rubber and Styrene Butadiene Rubber. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. The four major players in the industry, Lanxess, Good Year, Kumho Petrochemical Co. and Exxon Mobil Corp are being profiled.
By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
Major points from Table of Contents (http://www.marketreportsonline.com/323495-toc.html ) are listed below:
2. Synthetic Rubber - Market Size
3. Market Dynamics
4. Competitive Landscape
5. Company Profiles
6. Market Outlook
List of Charts
List of Tables
Related Reports on Chemicals Market:
Global Bioplastic Market: Trends & Opportunities (2013-2018) @ http://www.marketreportsonline.com/322866.html.
Global Paint and Varnish Market to 2018 - Market Size, Trends, and Forecasts @ http://www.marketreportsonline.com/318412.html.
MarketReportsOnline.com is an online database of regional industry research reports, company profiles and SWOT analysis studies for multiple industries, organizations and market segments. Our sales and research experts offer 24 X 7 support to our customers through phone and email communication. Not limited to the medical devices industry, MarketReportsOnline.com offers research studies on agriculture, travel & hospitality, food and beverages, consumer goods, environment, healthcare, retail, agriculture, chemicals, pharmaceuticals, semiconductor and electronics, energy and power, advanced materials and much more.