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.
Liquid 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.
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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Global liquid synthetic rubber market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of liquid synthetic rubber market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Segmentation: Liquid Synthetic Rubber Market
Key Insights in the report:
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