Synthetic Rubber Market Size, Share, and Trends 2024 to 2034

The global synthetic rubber market size is calculated at USD 41.04 billion in 2025 and is forecasted to reach around USD 66.44 billion by 2034, accelerating at a CAGR of 5.50% from 2025 to 2034. The Asia Pacific synthetic rubber market size surpassed USD 14.77 billion in 2024 and is expanding at a CAGR of 5.63% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 2207
  • Category : Chemical and Material

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Synthetic Rubber Market 

5.1. COVID-19 Landscape: Synthetic Rubber Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Synthetic Rubber Market, By Form Type

8.1. Synthetic Rubber Market, by Form Type,

8.1.1 Solid

8.1.1.1. Market Revenue and Forecast

8.1.2. Liquid

8.1.2.1. Market Revenue and Forecast

Chapter 9. Global Synthetic Rubber Market, By Type

9.1. Synthetic Rubber Market, by Type,

9.1.1. Acrylic Rubber (ACM)

9.1.1.1. Market Revenue and Forecast

9.1.2. Butadiene Rubber (BR)

9.1.2.1. Market Revenue and Forecast

9.1.3. Styrene Butadiene Rubber (SBR)

9.1.3.1. Market Revenue and Forecast

9.1.4. Butyl Rubber (IIR)

9.1.4.1. Market Revenue and Forecast

9.1.5. Ethylene Propylene Diene Monomer (EPDM)

9.1.5.1. Market Revenue and Forecast

9.1.6. Fluoroelastomers (FKM)/ Viton

9.1.6.1. Market Revenue and Forecast

9.1.7. Isoprene Rubber (IR)

9.1.7.1. Market Revenue and Forecast

9.1.8. Nitrile Rubber (NBR)

9.1.8.1. Market Revenue and Forecast

9.1.9. Nitrile Rubber (NBR)

9.1.9.1. Market Revenue and Forecast

9.1.10. Polysulfide Rubber (PSR)

9.1.10.1. Market Revenue and Forecast

9.1.11. Silicone Rubber (SiR)

9.1.11.1. Market Revenue and Forecast

9.1.12. Others

9.1.12.1. Market Revenue and Forecast

Chapter 10. Global Synthetic Rubber Market, By End Use Industry 

10.1. Synthetic Rubber Market, by End Use Industry,

10.1.1. Transportation

10.1.1.1. Market Revenue and Forecast

10.1.2. Building and Construction

10.1.2.1. Market Revenue and Forecast

10.1.3. Medical

10.1.3.1. Market Revenue and Forecast

10.1.4. Textile & Apparel

10.1.4.1. Market Revenue and Forecast

10.1.5. Food & Beverage

10.1.5.1. Market Revenue and Forecast

10.1.6. Others

10.1.6.1. Market Revenue and Forecast

Chapter 11. Global Synthetic Rubber Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Form Type

11.1.2. Market Revenue and Forecast, by Type

11.1.3. Market Revenue and Forecast, by End Use Industry

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Form Type

11.1.4.2. Market Revenue and Forecast, by Type

11.1.4.3. Market Revenue and Forecast, by End Use Industry

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Form Type

11.1.5.2. Market Revenue and Forecast, by Type

11.1.5.3. Market Revenue and Forecast, by End Use Industry

11.2. Europe

11.2.1. Market Revenue and Forecast, by Form Type

11.2.2. Market Revenue and Forecast, by Type

11.2.3. Market Revenue and Forecast, by End Use Industry

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Form Type

11.2.4.2. Market Revenue and Forecast, by Type

11.2.4.3. Market Revenue and Forecast, by End Use Industry

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Form Type

11.2.5.2. Market Revenue and Forecast, by Type

11.2.5.3. Market Revenue and Forecast, by End Use Industry

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Form Type

11.2.6.2. Market Revenue and Forecast, by Type

11.2.6.3. Market Revenue and Forecast, by End Use Industry

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Form Type

11.2.7.2. Market Revenue and Forecast, by Type

11.2.7.3. Market Revenue and Forecast, by End Use Industry

11.3. APAC

11.3.1. Market Revenue and Forecast, by Form Type

11.3.2. Market Revenue and Forecast, by Type

11.3.3. Market Revenue and Forecast, by End Use Industry

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Form Type

11.3.4.2. Market Revenue and Forecast, by Type

11.3.4.3. Market Revenue and Forecast, by End Use Industry

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Form Type

11.3.5.2. Market Revenue and Forecast, by Type

11.3.5.3. Market Revenue and Forecast, by End Use Industry

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Form Type

11.3.6.2. Market Revenue and Forecast, by Type

11.3.6.3. Market Revenue and Forecast, by End Use Industry

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Form Type

11.3.7.2. Market Revenue and Forecast, by Type

11.3.7.3. Market Revenue and Forecast, by End Use Industry

11.4. MEA

11.4.1. Market Revenue and Forecast, by Form Type

11.4.2. Market Revenue and Forecast, by Type

11.4.3. Market Revenue and Forecast, by End Use Industry

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Form Type

11.4.4.2. Market Revenue and Forecast, by Type

11.4.4.3. Market Revenue and Forecast, by End Use Industry

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Form Type

11.4.5.2. Market Revenue and Forecast, by Type

11.4.5.3. Market Revenue and Forecast, by End Use Industry

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Form Type

11.4.6.2. Market Revenue and Forecast, by Type

11.4.6.3. Market Revenue and Forecast, by End Use Industry

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Form Type

11.4.7.2. Market Revenue and Forecast, by Type

11.4.7.3. Market Revenue and Forecast, by End Use Industry

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Form Type

11.5.2. Market Revenue and Forecast, by Type

11.5.3. Market Revenue and Forecast, by End Use Industry

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Form Type

11.5.4.2. Market Revenue and Forecast, by Type

11.5.4.3. Market Revenue and Forecast, by End Use Industry

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Form Type

11.5.5.2. Market Revenue and Forecast, by Type

11.5.5.3. Market Revenue and Forecast, by End Use Industry

Chapter 12. Company Profiles

12.1. Asahi Kasei Corporationc

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. The Dow Chemical Company

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. DuPont

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. LANXESS AG

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Exxon Mobil Corporation

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Dynasol Elastomers S.A.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. TSRC Corporation

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Versalis S.p.A.

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Sumitomo Chemical Co., Ltd.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. KUMHO PETROCHEMICAL

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

The global synthetic rubber market size was accounted at USD 38.90 billion in 2024 and it is expected to reach around USD 66.44 billion by 2034.

The global synthetic rubber market is poised to grow at a CAGR of 5.50% from 2025 to 2034.

The major players operating in the synthetic rubber market are Asahi Kasei Corporation, The Dow Chemical Company, DuPont, LANXESS AG, Exxon Mobil Corporation, Dynasol Elastomers S.A., TSRC Corporation, Versalis S.p.A., Sumitomo Chemical Co., Ltd., KUMHO PETROCHEMICAL, China National Petroleum Corporation (CNPC), China Petroleum & Chemical Corporation (Sinopec Corporation)

Increasing demand from the automotive industry and increasing demand from the footwear sector are driving the growth of the synthetic rubber market.

Asia Pacific region will lead the global synthetic rubber market during the forecast period 2025 to 2034.

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