세계의 합성고무 시장 규모는 2022년에 288억 9,000만 달러로 평가되었습니다. 2023년 298억 6,000만 달러에서 2031년까지는 417억 3,000만 달러로 성장하고, 예측 기간(2024-2031년) CAGR은 4.9%를 나타낼 전망입니다.
합성고무 시장은 특히 타이어, 씰, 호스, 바닥재 등 자동차 산업에서의 광범위한 응용으로 인해 큰 성장이 예상됩니다. 합성고무는 천연고무에 비해 열 안정성과 내유성이 뛰어나 제품의 신뢰성을 높이는 유리한 특성을 가지고 있습니다. 또한, 산소나 오존과 같은 산화제에 강해 타이어를 비롯한 주요 부품의 수명을 연장할 수 있습니다. 고품질 고무 제품에 대한 수요 증가는 제품 혁신과 개선을 위한 제조업체의 연구개발 노력 증가에 힘입은 바 큽니다. 또한, 항공우주, 자동차, 건설 등 급성장하는 분야, 특히 타이어 및 전자제품 분야에서 고무 수요 증가에 기여하고 있습니다. 자동차 산업이 OEM 타이어 수요 증가로 인해 강력한 성장세를 보이고 있는 가운데, 합성고무는 이러한 수요를 충족시키는 데 중요한 역할을 할 것으로 예상되며, 궁극적으로 시장 확대를 촉진할 것으로 보입니다. 이러한 추세는 향후 몇 년동안 합성고무 시장의 유망한 전망을 시사합니다.
Global Synthetic Rubber Market size was valued at USD 28.89 billion in 2022 and is poised to grow from USD 29.86 billion in 2023 to USD 41.73 billion by 2031, growing at a CAGR of 4.9% in the forecast period (2024-2031).
The synthetic rubber market is poised for significant growth, particularly driven by its extensive applications within the automotive industry, such as in tires, seals, hoses, and flooring. With advantageous properties that enhance product reliability, synthetic rubber offers superior thermal stability and oil resistance compared to natural rubber. Its resilience against oxidizing agents like oxygen and ozone helps prolong the shelf-life of critical components, notably tires. The rising demand for high-quality rubber products is fueled by increased research and development efforts from manufacturers aiming to innovate and improve product offerings. Additionally, burgeoning sectors like aerospace, automotive, and construction are contributing to a heightened demand for rubber, particularly in tire and electronic applications. As the automotive industry experiences robust growth spurred by rising OEM tire demand, synthetic rubber is expected to play a crucial role in meeting this need, ultimately propelling market expansion. The convergence of these trends suggests a promising outlook for the synthetic rubber market in the coming years, as industries continue to seek durable and reliable materials to support their product lines.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Synthetic Rubber market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Synthetic Rubber Market Segmental Analysis
Global Synthetic Rubber Market is segmented by Type, by Form, by Application, and by Region. Based on Type, the market is segmented into Styrene butadiene rubber, Polybutadiene Rubber, Styrene block copolymer, Ethylene-propylene-diene rubber, Butyl rubber, and Acrylonitrile-butadiene rubber. Based on form, the market is segmented into Liquid Synthetic Rubber, and Solid Synthetic Rubber. Based on Application, the market is segmented into Tire, Automotive (Non-tire), Footwear, Industrial Goods, Consumer Goods, Textiles, and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Synthetic Rubber Market
The global synthetic rubber market is experiencing significant growth, primarily fueled by rising demand within the footwear industry. Various types of footwear, ranging from specialized protective options to casual leisure shoes, require diverse materials for production, with synthetic rubber being a preferred choice for creating shoe soles. This preference is largely due to its outstanding physical properties, which include excellent abrasion and durability, tensile strength, slip resistance, and tear strength. Additionally, synthetic rubber can be easily molded into various colors, further enhancing its appeal within the footwear sector and driving an increase in global demand for synthetic rubber products.
Restraints in the Global Synthetic Rubber Market
The growth of the global synthetic rubber market is being hindered by environmental regulations and health concerns associated with its production. Stringent regulations aimed at minimizing environmental impact have restricted the operations within the synthetic rubber industry. According to the Environmental Protection Agency (EPA), rubber processing, sealant manufacturing, and tire production facilities are among the primary contributors to harmful pollutants. These challenges not only pose compliance issues for manufacturers but also raise health and safety concerns, ultimately affecting the market's expansion and innovation potential as companies strive to adhere to these increasingly rigorous environmental standards.
Market Trends of the Global Synthetic Rubber Market
The Global Synthetic Rubber market is witnessing a pronounced trend driven primarily by the tire and tire components sector, which commands the largest market share. Styrene-butadiene rubber (SBR) is increasingly favored for its exceptional abrasion resistance and ageing stability, solidifying its status as the preferred material in tire manufacturing. As automotive industries, particularly in emerging markets, ramp up production and demand for high-performance tires, the synthetic rubber market is poised for robust growth. Additionally, shifts towards eco-friendly alternatives and sustainable practices are influencing innovation, as manufacturers explore bio-based and recycled synthetic rubber options to meet evolving consumer preferences and regulatory requirements.