Global Liquid Synthetic Rubber Market

Global Liquid Synthetic Rubber Market Overview

• The Global Liquid Synthetic Rubber Market Size is Expected to Grow from USD 10.54 Billion in 2023 to USD 15.86 Billion by 2033, Growing at a CAGR of 4.17% during the forecast period 2023 to 2033.
• The market growth is driven by the development and infrastructure projects that have advanced, especially in developing countries, which are driving up demand for liquid synthetic rubber.
• Its essential function in waterproofing membranes, adhesives, and sealants is primarily responsible for its growing use in the construction sector.
• Additionally, technological advancements such as improved formulations for better performance are opening up new markets by facilitating new uses in developing sectors like electronics and medical devices.

Major vendors in the global liquid synthetic rubber market

Asahi Kasei, ENEOS Corporation, Evonik Industries AG, JSR Corporation, Kumho Petrochemical, Kuraray Co., Ltd, Nippon Soda Co., Ltd, Puyang Linshi Chemical New Material Co., Ltd, Royal Adhesives & Sealants, Sinopec, Synthomer PLC, and others.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the liquid synthetic rubber market based on the below-mentioned segments:

Global Liquid Synthetic Rubber Market, By Product

• Isoprene
• Polybutadiene
• SBR
• Others

Global Liquid Synthetic Rubber Market, By Application

• Adhesive
• IRM
• Tires
• Polymer Modification
• Others

Global Liquid Synthetic Rubber Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa