市場調查報告書
商品編碼
1519681
2024-2032 年合成橡膠市場報告(按類型、形式、應用和地區)Synthetic Rubber Market Report by Type, Form, Application, and Region 2024-2032 |
IMARC Group年全球合成橡膠市場規模達331億美元。技術的快速進步、嚴格的環境法規的實施、各行業(尤其是汽車行業)產品應用的擴展是推動合成橡膠市場成長的一些關鍵因素。
合成橡膠市場分析
主要市場促進因素:汽車、建築和消費品等各行業不斷成長的產品需求是市場成長的主要動力。此外,合成橡膠技術的進步和嚴格的環境法規推動了永續產品的發展。
主要市場趨勢:主要市場趨勢涉及不斷轉向開發環保和永續的合成橡膠產品,以應對日益成長的環境問題和監管政策。
地理格局:在快速工業化、汽車產業顯著成長以及各國主要製造中心的推動下,亞太地區成為合成橡膠市場最大的部分。與此一致,中國、印度、日本、韓國、泰國和印尼等國家是世界主要輪胎生產公司的所在地。
競爭格局:一些領先的合成橡膠市場公司包括Apcotex Industries Limited、Asahi Kasei Corporation、中國石化集團公司、Denka Company Limited、埃克森美孚公司、JSR Corporation、Kumho Petrochemical Co. Ltd.、Lanxess AG、LG Chem Ltd .、 PJSC Nizhnekamskneftekhim、Reliance Industries Limited、沙烏地阿拉伯基礎工業公司(沙烏地阿拉伯石油公司)、固特異輪胎橡膠公司、台橡公司和 Zeon 公司等。
挑戰與機會:由於原物料價格波動與生產過程的環境問題,合成橡膠市場面臨挑戰。然而,在城市化和聚合物科學技術進步等趨勢的推動下,汽車、建築和工業領域不斷成長的需求帶來了機會。
汽車產業不斷成長的產品需求
汽車產業擴大使用合成橡膠來生產輪胎、軟管、皮帶和其他汽車零件,這是推動市場成長的主要因素之一。輪胎主要由丁苯橡膠製成,因為它具有耐用性和耐磨損性。此外,汽車產量和保有量的成長刺激了對高效汽車零件的需求,這對合成橡膠市場前景產生積極影響。大約50%的汽車輪胎是由與天然橡膠共混的苯乙烯-丁二烯橡膠製成的。根據中國國家統計局統計,2022年中國輪胎產業產量約為85,919萬條。的成長機會。例如,根據EV-Volumes.com 的數據,全球電動車銷量預計將成長兩倍,從2022 年的1050 萬輛增至2027 年的3100 萬輛以上。的需求預計車輛將推動市場成長。
合成橡膠技術的快速進步
合成橡膠生產和加工領域不斷湧現的技術創新也為市場創造了積極的前景。與此一致的是,開發具有增強性能(例如改進的耐熱性、更低的輪胎滾動阻力以及更好的整體性能)的新型合成橡膠類型預計將推動合成橡膠的市場佔有率。例如,2023年12月,我國仿生合成橡膠技術在輪胎生產上取得重要突破,使我國民用航空輪胎國產化又向前邁進了一步。中國科學院長春季應用化學研究所所長楊小牛表示,仿生合成橡膠製成的飛機輪胎在極端工況下使用壽命比天然橡膠延長35%。同樣,2024年1月,青島森麒麟輪胎與青島生物能源與過程研究所(青島能源所)合作,率先開發了採用「鐵」的超高性能(UHP)輪胎,實現了輪胎技術的重要里程碑。基於精梳”合成橡膠。使用該技術製造的輪胎在高速公路速度測試中顯示出對燃油消耗的正面影響。
產品應用廣泛多角化
合成橡膠在建築、鞋類、黏合劑和航空航太等各行業的廣泛使用,進一步推動了合成橡膠市場收入。此外,合成橡膠的多功能性和針對特定應用客製化的能力不斷增強,對市場成長產生了積極影響。合成橡膠在住宅和商業建築中的廣泛使用,特別是在新興國家,用於密封和絕緣目的,以提高結構的耐用性和耐候性,這增加了合成橡膠的市場需求。 2022 年,印度房地產產業的市場規模約為 4,770 億美元,預計到 2030 年將達到 1 兆美元。到 2050 年,近十分之七的人將居住在城市,城市人口預計將超過目前的水平。城市人口的顯著成長和住宅建築需求的增加預計將推動未來幾年合成橡膠市場的近期價格。
The global synthetic rubber market size reached US$ 33.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 44.2 Billion by 2032, exhibiting a growth rate (CAGR) of 3.2% during 2024-2032. Rapid technological advancements, implementation of stringent environmental regulations, expanding product applications across various industries, especially automotives, are some of the key factors propelling the synthetic rubber market growth.
Synthetic Rubber Market Analysis
Major Market Drivers: The increasing product demand across various sectors, such as automotive, construction, and consumer goods, is primarily driving the growth of the market. Additionally, advancements in synthetic rubber technology and stringent environmental regulations push for sustainable products.
Key Market Trends: The key market trends involve the ongoing shift towards the development of eco-friendly and sustainable synthetic rubber products in response to rising environmental concerns and regulatory policies.
Geographical Landscape: The Asia Pacific region stands as the largest segment in the synthetic rubber market, driven by rapid industrialization, significant growth in the automotive sector, and the presence of key manufacturing hubs in various countries. In line with this, countries such as China, India, Japan, South Korea, Thailand, and Indonesia are home to major tire-producing companies in the world.
Competitive Landscape: Some of the leading synthetic rubber market companies are Apcotex Industries Limited, Asahi Kasei Corporation, China Petrochemical Corporation, Denka Company Limited, Exxon Mobil Corporation, JSR Corporation, Kumho Petrochemical Co. Ltd., Lanxess AG, LG Chem Ltd., PJSC Nizhnekamskneftekhim, Reliance Industries Limited, Saudi Basic Industries Corporation (Saudi Arabian Oil Co.), The Goodyear Tire & Rubber Company, TSRC Corporation, and Zeon Corporation, among many others.
Challenges and Opportunities: The synthetic rubber market faces challenges due to fluctuations in raw material prices and environmental concerns over production processes. However, opportunities arise from the growing demand in the automotive, construction, and industrial sectors, driven by trends like urbanization and technological advancements in polymer science.
Increasing Product Demand in the Automotive Industry
The growing utilization of synthetic rubber in the automotive sector for the production of tires, hoses, belts, and other car components is one of the major factors bolstering the market growth. Tires are predominantly made by using styrene-butadiene rubber due to its durability and resistance to wear over time. Moreover, the growing vehicle production and ownership are prompting the demand for efficient automotive parts, which is positively impacting the synthetic rubber market outlook. Around 50% of car tires are made of styrene-butadiene rubber blended with natural rubber. According to the National Bureau of Statistics of China, the Chinese tire industry made about 859.19 million tires in 2022. In addition to this, the escalating demand for both commercial and passenger vehicles is significantly impacting the market for tires, which in turn is offering lucrative growth opportunities to the synthetic rubber market. For instance, according to EV-Volumes.com, the unit volume of global EV sales is projected to triple from 10.5 million in 2022 to over 31 million in 2027. Such a massive utilization of synthetic rubber in the production of tires and the bolstering demand for vehicles are anticipated to drive the market growth.
Rapid Advancements in Synthetic Rubber Technology
The rising technological innovations in the production and processing of synthetic rubber are also creating a positive outlook for the market. In line with this, the development of new synthetic rubber types with enhanced properties like improved heat resistance, lower rolling resistance in tires, and better overall performance is anticipated to propel the synthetic rubber market share. For instance, China's bionic synthetic rubber technology, developed in December 2023, achieved important breakthroughs in tire production, taking the country one step further in the domestic production of civil aircraft tires. Yang Xiaoniu, director of the Changchun Institute of Applied Chemistry of the Chinese Academy of Sciences, stated that the service life of aircraft tires made of bionic synthetic rubber is 35% longer than those made of natural rubber under extreme working conditions. Similarly, in January 2024, Qingdao Sentury Tire, in collaboration with the Qingdao Institute of Bioenergy and Processes (Qingdao Energy Institute), achieved a significant milestone in tire technology by pioneering the development of Ultra-High-Performance (UHP) tires incorporating "iron-based combed" synthetic rubber. Tires made using this technology showcased a positive impact on fuel consumption during highway-speed tests.
Widespread Diversification of Product Applications
The widespread utilization of synthetic rubber in various industries, such as construction, footwear, adhesives, and aerospace, is further propelling the synthetic rubber market revenue. Moreover, the growing versatility and ability of synthetic rubbers to be customized for specific applications is positively impacting the market growth. The widespread utilization of synthetic rubber in the construction of residential and commercial establishments, especially in emerging nations, for sealing and insulating purposes to enhance the durability and weather resistance of structures is augmenting the synthetic rubber market demand. The market size of the real estate industry in India was valued at around US$ 477 Billion in 2022 and is estimated to reach US$ 1 trillion by 2030. Additionally, approximately 4.4 billion people, or 56% of the world's population, now reside in cities. By 2050, nearly 7 out of 10 people will live in cities, with the urban population predicted to surpass its current level. Such a significant rise in urban population and bolstering demand for residential establishments is anticipated to propel the synthetic rubber market recent price in the coming years.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on type, form, and application.
Styrene Butadiene Rubber
Ethylene Propylene Diene Rubber
Polyisoprene
Polybutadiene Rubber
Isobutylene Isoprene Rubber
Others
Styrene butadiene rubber accounts for the majority of the market share
The report has provided a detailed breakup and analysis of the market based on the type. This includes styrene butadiene rubber, ethylene propylene diene rubber, polyisoprene, polybutadiene rubber, isobutylene isoprene rubber, and others. According to the synthetic rubber market report, styrene butadiene rubber represented the largest segment.
Styrene butadiene rubber holds the largest market share due to its excellent abrasion resistance and aging stability. Tires are predominantly made using styrene-butadiene rubber due to its durability and resistance to wear over time. It is the preferred material in the tire manufacturing sector. Around 50% of car tires are made of styrene-butadiene rubber blended with natural rubber. Besides this, the ongoing innovation in SBR formulations for enhanced performance characteristics, coupled with the growing automotive industry, is driving the market growth.
Liquid Synthetic Rubber
Solid Synthetic Rubber
Solid synthetic rubber holds the largest share in the industry
A detailed breakup and analysis of the market based on the form have also been provided in the report. This includes liquid synthetic rubber and solid synthetic rubber. According to the report, solid synthetic rubber accounted for the largest market share.
Solid synthetic rubber holds the largest market share due to its versatility and ease of processing. It is employed in the automotive sector for tire manufacturing, offering excellent mechanical properties, such as abrasion resistance, durability, and flexibility. Solid synthetic rubber is also crucial in the production of industrial goods like hoses, belts, gaskets, and various molded products. It is lauded for its wide range of applications, including consumer goods like footwear, sporting goods, and toys. Additionally, solid synthetic rubber is preferred for its ease of storage and handling and its ability to be tailored through various compounding techniques to meet specific application needs.
Tire and Tire Component
Non-Tire Automobile Application
Footwear
Industrial Goods
Others
Tire and tire component represents the leading market segment
The report has provided a detailed breakup and analysis of the market based on the application. This includes tire and tire component, non-tire automobile application, footwear, industrial goods, and others. According to the report, tire and tire component represented the largest segment.
As per the synthetic rubber market statistics by IMARC, tire and tire components are dominating the market as synthetic rubber is integral to tire manufacturing due to its durability, resistance to wear, and flexibility. It is used in various tire components, such as the tread, sidewall, and inner liner. Moreover, the growth of the automotive sector across the globe and the increasing demand for high-performance tires are key factors contributing to the market growth. Additionally, the inflating disposable incomes of individuals and the rising need for convenient modes of transportation are augmenting the need for passenger cars. In 2021, approximately 56.4 million passenger cars were sold worldwide, representing a nearly 5% increase over the previous year. Moreover, passenger car market unit sales are expected to reach 72.54 million vehicles in 2028.
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Asia Pacific leads the market, accounting for the largest synthetic rubber market share
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share.
As per the synthetic rubber market overview, the Asia Pacific region stands as the largest segment in the synthetic rubber market, driven by rapid industrialization, significant growth in the automotive sector, and the presence of key manufacturing hubs in various countries. Countries such as China, India, Japan, South Korea, Thailand, and Indonesia are home to major tire-producing companies in the world. According to the Rubber Board, synthetic rubber consumption in India was about 0.75 million metric tons in the financial year 2023. Additionally, the well-established market players in the region are extensively investing in expanding their reach and increasing the consumer base. For instance, Toyo Tire Corporation, Japan's largest rubber corporation, specializing in automobile tires and other automotive-related products, sold tires worth JPY 497.2 billion (US$ 3.3 billion) in 2022, up from around JPY 393.7 billion (US$ 2.6 billion) in the previous year. Additionally, the widespread availability of raw materials, lower production costs, and a large workforce contribute to the region's dominance.
Apcotex Industries Limited
Asahi Kasei Corporation
China Petrochemical Corporation
Denka Company Limited
Exxon Mobil Corporation
JSR Corporation
Kumho Petrochemical Co. Ltd.
Lanxess AG
LG Chem Ltd.
PJSC Nizhnekamskneftekhim
Reliance Industries Limited
Saudi Basic Industries Corporation (Saudi Arabian Oil Co.)
The Goodyear Tire & Rubber Company
TSRC Corporation
Zeon Corporation
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
May 2024: BFGoodrich announced the All-Terrain T/A KO3 tire as the successor to the legendary KO2. The brand's newest off-road tire is said to be improved from its predecessor, and BFG is planning to launch over 100 sizes over the next two years.
December 2023: SIBUR's Nizhnekamskneftekhim completed the upgrade of its halobutyl rubbers (HBR) capacities by ramping them up from 150 to 200 kilotons. About RUB 8 billion (USD 85.5 million) was spent on this upgrade project, which installed six new HBR production units and revamped 16 existing ones.
August 2023: LG Chem Ltd. (Seoul, South Korea) announced the expansion of its manufacturing facility in Cheongju and will spend US$ 94.1 Million on the project over the next two years.