Synthetic Rubber And Fibers Global Market Report 2020-30: Covid 19 Impact And Recovery
Synthetic Rubber And Fibers Market report provides the strategists, marketers and senior management with the critical information they need to assess the global Synthetic Rubber And Fibers market as it emerges from the Covid 19 shut down.
The global synthetic rubber and fibers market is expected to decline from $260.8 billion in 2019 to $245.5 billion in 2020 at a compound annual growth rate (CAGR) of -5.9%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of % from 2021 and reach $242.2 billion in 2023.
Top Leading Companies mentioned are:
DOW; Owens Corning; KUMHO Petrochemical; Teijin; TSRC Corporation
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Increased demand for lightweight and fuel efficient materials or advanced composite materials is increasing the need for synthetic fibers. Synthetic fibers made from polymer aromatic polyamide are mainly of two types, para aramid and meta aramid. Aramids, UHME polyethylene, and POA are the major types of specialty synthetic fibers. Marine, medical, sporting goods, pressure vessel, and reinforcement materials industries are the significant applications for the specialty synthetic fiber market and growth in these markets is driving the fibers market.
This report provides a detailed analysis of the Synthetic Rubber And Fibers market with a description of market sizing and growth, segmentation of the market by products & services and major markets, top market players, etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.
By Type: Fibers; Styrene Butadiene Rubber (SBR); Polybutadiene (BR); Ethylene Propylene (EPDM); Others (IIR, CR, TPR, ABS, etc.)
By Application: Non-Tire Automotive; Footwear; Tire; Construction; Others
Important Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Synthetic Rubber And Fibers Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
Geographically, this report is segmented into several key Regions, with sales, revenue, Market Share (%) and Growth Rate (%) of Synthetic Rubber And Fibers in these regions, from 2014 to 2020(forecast), covering Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Asia Pacific was the largest region in the global synthetic rubber and fibers market, accounting for 68% of the market in 2019. Western Europe was the second largest region accounting for 11% of the global synthetic rubber and fibers market. Africa was the smallest region in the global synthetic rubber and fibers market.
Furthermore, the report provides a detailed analysis of the global Synthetic Rubber And Fibers market with an analysis of market size by value and volume. Along with this, an analysis of the penetration rate and the average revenue generated per user (ARPU) in the market has also been done. The report also includes a detailed analysis of the global Synthetic Rubber And Fibers market by countries, comprising of its market by value, volume, and ARPU and penetration rate.
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Research uses a bottom-up approach to assess the overall size of the market. Data from different industries and end-user industries and their applications across different product types are recorded and forecast during the forecast period. These segments and sub-segments are documented by industry experts and experts, as well as company representatives, and by analyzing data from these segments and sub-segments over the last few years, externally verified to gain market size.
We also offer customization on reports based on specific client requirement:
1-Free country level analysis for any 5 countries of your choice
2- Free Competitive analysis of any 5 key market players.
3- Free 40 analyst hours to cover any other data points.
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
Contact Us: Synthetic Rubber And Fibers
Irfan Tamboli (Head of Sales) – Market Insights Reports
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Note: All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.