Natural rubber is used to manufacture various products such as erasers, electrical insulation, and elastic bands. Synthetic rubber is also an elastic material that is manufactured by the fractional distillation of naphtha, a crude oil derivative. Synthetic rubber is of diverse types such as acrylic rubber (ACM), butadiene rubber (BR), chlorosulfonated polyethylene (CSM)/Hypalon, ethylene propylene diene monomer (EPDM), fluoroelastomers (FKM)/Viton, nitrile rubber (NBR), perfluoroelastomer (FFKM), isoprene rubber (IR), polychloroprene (CR)/neoprene, polysulfide rubber (PSR), silicone rubber (SiR), and styrene-butadiene rubber (SBR).
Industry analysts forecast the global rubber Market to grow at a CAGR of 4.66% during the period 2017-2021.
Rubber Market Report Provides Comprehensive Analysis Of: Key market segments and sub-segments, evolving market trends and dynamics, changing supply and demand scenarios, Quantifying market opportunities through market sizing and market forecasting, Tracking current trends/challenges.
Moreover, the report gives a thorough analysis of this Rubber Market using analysis of market size by volume and value. Alongside that, the average revenue generated per user (ARPU) from the market is given in this report. The Rubber Market report comes with a thorough analysis of this worldwide market comprising of its economy by volume, value, penetration speed and ARPU.