Global Synthetic Rubber Trends in 2022
Synthetic Rubber is part of Specialty Chemical and includes a number of sub-sectors such as Styrene Butadiene Rubber and Polybutadiene Rubber. You may also be interested in Cleaning Compound, Industrial Gases and Paint And Coating.
Global synthetic rubber exports are expected to reach $15.4 billion by 2026, down 1.7% per year from $16.9 billion in 2021, according to a new report. Since 2016, global supply has increased by 2.7% per year. South Korea led the way in 2021 with $3.1 billion in exports, followed by Thailand, the United States and Japan. The Philippines saw a 164.1% year-on-year increase, while Malta saw a 65.3% decrease. Global synthetic rubber imports are predicted to reach $27 billion by 2026, growing 0.3% per year from $26.1 billion in 2021. Since 2016, global demand has grown by 5.7% per year. China led the way in 2021 with $8.4 billion in imports, followed by the United States, Germany and Malaysia. Togo saw a 154.6% year-on-year increase, while Aruba saw a 61.7% decrease.
Top 10 countries
In 2022 major markets in the Synthetic Rubber Industry were:
Synthetic Rubber Market Data and Forecasts
How much the Synthetic Rubber industry is expected to grow to 2026?
More in Synthetic Rubber Industry for 2028Global Synthetic Rubber Statistics
- Styrene Butadiene Rubber Import 181 countries (Asia, Africa, Sub-Saharan Africa...)
- Shipping Freight Volume 67 countries (Western Europe, Europe, Germany...)
- Styrene Butadiene Rubber Export 128 countries (Asia, Latin America, Middle East...)
- Synthetic Rubber Import 187 countries (Europe, Asia, Africa...)
- Synthetic Rubber Export 142 countries (Europe, Southern Europe, Eastern Europe...)
- Synthetic Rubber Sales 30 countries (Europe, Eastern Europe, Northern Europe...)
- Number Of High Growth Enterprises 49 countries (Europe, Eastern Europe, Northern Europe...)
- Employment Rate 231 countries (Europe, Northern Europe, Southern Europe...)
- Container Traffic Volume 205 countries (Europe, Western Europe, Germany...)
- Synthetic Rubber Production 28 countries (Europe, Western Europe, Germany...)