Non-Tire Synthetic Market: Prominent Players Venturing Into Mergers & Acquisitions to Capitalize on Latent Opportunities

Published on : Jul 02, 2018

Albany, New York, July 2, 2018: Occupancy of prominent manufacturers of non-tire synthetic rubber is mainly concentrated in China, Russia, and America. Currently, China holds a firm foothold in the non-tire synthetic market, with the country’s leading manufacturers such as CNPC and Sinopec having widespread popularity globally.

In addition, Exxon Mobil has been leading the non-tire synthetic market in the U.S., whereas Lanxess leads the technology development in Germany. These insights are based on the report, titled “Global Non-tire Synthetic Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023”, which is recently added to Market Research Hub’s (MRH) vast repository.

Several manufacturers of non-tire synthetic rubber have established facilities across the globe, positioned at close proximity to prominent consumption markets. Various international companies have traditionally sought establishments in China, to leverage the potential and presence of low-waged labor in the country. Key companies operating in the non-tire synthetic market have ventured into mergers & acquisitions for gaining a competitive edge. TSRC’s merger with JSR to capitalize latent opportunities available in non-tire synthetic market of Asia-Pacific is a prime example of such strategic mergers & acquisitions.

Non-Tire Synthetic Market: Report Contents

The report initiates with a market overview, wherein a brief introduction on the non-tire synthetic market has been rendered, which gives a comprehensive and an insightful intelligence on the market. The report segments the non-tire synthetic market on the basis of type, applications and region. General rubber and special rubber are key types of non-tire synthetic rubber elaborated in the report.

The report offers an exhaustive analysis on the applications of non-tire synthetic rubber, which include automotive, building & construction, polymer modification, industrial products, coatings/sealants/adhesives, electrical, and others. Imperative market numbers, and latest insights, coupled with forecast on all the aforementioned applications of non-tire synthetic rubber has been provided in the report.

The report has branched the non-tire synthetic market geographically into North America, Europe, Asia-Pacific, and South America. Weighted chapters for the regional analysis on the non-tire synthetic market provide country-specific, intricate intelligence and forecast on the market with regard to all the regional segmented incorporated.

Non-Tire Synthetic Market: Scope of the Report

This report is a comprehensive study on the performance of the non-tire synthetic market across the globe. In-depth analysis on key growth determinants, deterrents, trends, and opportunities for the non-tire synthetic market has been delivered in dedicated sections of the report. The analysts who developed this report have employed a robust, tested & proven research methodology for arriving at accurate projections on the non-tire synthetic market at regional as well as global level.

The research methodology used is a perfect amalgamation of primary and secondary researches. The secondary research enables ascertaining the market size of key segments, coupled with imperative factors propelling growth of the non-tire synthetic market. Data attained from the secondary research is then validated through exhaustive primary interview conducted with industry experts and leading players operating in the non-tire synthetic market.

The market size exerted involve the market shares, consumption data, incremental and absolute opportunity, market value, compound annual growth rate (CAGR), and Y-o-Y growth rate. The data aggregated has been thoroughly examined with the help of advanced tools for deriving imperative insights and precise forecast on the non-tire synthetic market.

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