Published: 2019-10-09   Views: 2
Author: sujeetnakade1995
Published in: Business
Liquid Synthetic Rubbers Market - Global Industry Sales, Supply, Consumption, Demand, Analysis

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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Competitive Analysis:

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.

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

Segmentation: Liquid Synthetic Rubber Market

  • By Product (Liquid Isoprene, Liquid Butadiene, Liquid Styrene Butadiene),
  • By Application (Adhesive, Industrial Rubber Manufacturing, Tire Manufacturing, Polymer Modification, Others),
  • By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Browse full report @ https://www.databridgemarketresearch.com/reports/global-liquid-synthetic-rubber-market

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

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