1. Market Research
  2. > Chemical
  3. > Specialty Chemical Market Trends
India Synthetic Rubber Market Analysis: Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030

India Synthetic Rubber Market Analysis: Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030

  • June 2021
  • ID: 6104422
  • Format: PDF
  • ChemAnalyst

Summary

Table of Contents

India Synthetic Rubber Market Analysis: Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030

India synthetic rubber demand stood at 671 Thousand Tonnes in FY2021 and is forecast to reach 1055.30 Thousand Tonnes by FY2030, growing at a healthy CAGR of 5.16% until FY2030. The market growth attributes to the proprietary advantages of synthetic rubber. Synthetic rubber is elastic in nature. The properties like water resistance, resistance to alkalis and other weak acids, toughness, adhesiveness, less toxicity toward environment, and impermeability drives the market growth in India. Synthetic Rubber is better than its alternatives as it is resistant to solvents, oxygen, chemicals, and oils, etc. The maximum consumption of synthetic rubber is in the manufacturing of tires. It is mixed with filler agents to enhance the properties like toughness and sturdiness in tires. The applications of synthetic rubber are also increasing in the construction industry for hoses, belts, tubes, seismic bearings, etc.
The demand for synthetic rubber is maximum in the Automotive and Transportation Industry and it constitutes more than 50% share in the Indian Synthetic Rubber market.South and West Region constitute for maximum demand in India due to the availability of most tire manufacturing companies.

The demand of Synthetic Rubber in FMCG Industries for manufacturing of footwear, sports goods, and other stationery items.
The global companies that manufacture synthetic rubber are ExxonMobil Chemical Company, JSR Corporation, Korea Kumho Petrochemical Co., Ltd, PetroChina Company Limited, Goodyear Tire & Rubber Company, etc. The Indian companies that operate in the Indian Synthetic market are Reliance Industries, Jubliant Industries, Indian Synthetic Rubber Limited, and Apotex.
However, a sudden outbreak of novel coronavirus had hit the Synthetic Rubber sector as several Indian ports had to declare force majeure in compliance with the government lockdown measure in the battle against COVID-19. Synthetic Rubber supplies remained tight throughout the final quarter of 2020 as the Indian market is dependent on exports from other countries.

Years Considered for this Report:

Historical Years: FY2015– FY2020
Base Year: FY2021
Estimated Year: FY2022
Forecast Period: FY2023 – FY2030
This report will be delivered on an online digital platform with a one-year subscription and quarterly update.
The objective of the Study:
• The primary objective of the study was to evaluate and forecast Synthetic Rubber production, demand, inventory, and the demand-supply gap in India.
• To categorize demand for Synthetic Rubber based on end-use, sales channel, and region.
• To study trade dynamics and company share in the India Synthetic Rubber market.
• To identify major customers of Synthetic Rubber in India.
• To evaluate and forecast Synthetic Rubber pricing in India.
• To identify and profile major companies operating in the India Synthetic Rubber market.
• To identify major developments, deals, and expansion plans in the India Synthetic Rubber market.
Currently, Reliance Industries, Jubliant Industries, Indian Synthetic Rubber Limited, and Apcotex are operating in the Indian Synthetic Rubber Market. Some of the international players are ExxonMobil Chemical Company, JSR Corporation, Korea Kumho Petrochemical Co., Ltd, PetroChina Company Limited, Goodyear Tire & Rubber Company, etc.
To extract data for the India Synthetic Rubber market, primary research surveys were conducted with manufacturers, suppliers, distributors, wholesalers, and end-users of Synthetic Rubber.While interviewing, the respondents were also inquired about their competitors.

Through this technique, the analyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, the analyst examined various end-user segments and projected a positive outlook for the India Synthetic Rubber market over the coming years.
To extract data for the India Synthetic Rubber market, primary research surveys were conducted with Synthetic Rubber manufacturers, suppliers, distributors, wholesalers, and end-users.While interviewing, the respondents were also inquired about their competitors.

Through this technique, the analyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, the analyst examined various end-user segments and projected a positive outlook for the India Synthetic Rubber market over the coming years.
The analyst calculated Synthetic Rubber demand in India by analyzing the historical data and demand forecast was carried out considering the end-use industries’ growth.The analyst sourced these values from industry experts and company representatives and externally validated them through analyzing historical sales data of respective manufacturers to arrive at the overall market size.

Various secondary sources such as company websites, association reports, annual reports, etc., were also studied .

Key Target Audience:

• Synthetic Rubber manufacturers and other stakeholders
• Organizations, forums, and alliances related to Synthetic Rubber distribution
• Government bodies such as regulating authorities and policymakers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Synthetic Rubber manufacturers, distributors, and policymakers. The report also provides useful insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth opportunities.

Report Scope:

In this report, the India Synthetic Rubber market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Market, by End-Use Automotive and transportation, Building and Construction, Footwear, Industrial and Others
Market, by Sales Channel Direct/Institutional Sales, Retail Sales, Other Channel Sales
Market, by Region North, South, East, West

Available Customizations:

With the given market data, the analyst offers customizations according to a company’s specific needs.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

ref:plp2021

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on