The tyre manufacturing segment held the highest share in 2019, accounting for more than two-fifths the global liquid synthetic rubber market, and is projected to continue its dominance in terms of revenue during the forecast period. However, the adhesives segment is projected to witness the fastest CAGR of 5.0% from 2020 to 2027. Allied Market …
Tag Archives: Liquid Synthetic Rubber
Liquid Synthetic Rubber Market To Develop Strongly And Cross USD 28.8 Billion By 2027
Increase in tyre production worldwide and rise in usage across the adhesive industry drive the global liquid synthetic rubber market. However, variations in prices of raw materials hinder the market growth. On the other hand, rise in penetration in industrial rubber manufacturing create new opportunities in the coming years. A complete and wide-ranging evaluation of …
Liquid Synthetic Rubber Market to Exhibit Significant Opportunity Assessment During the Forecast Period 2020 – 2027
Increase in tyre production worldwide and rise in usage across the adhesive industry drive the global liquid synthetic rubber market. Asia-Pacific held the largest share in terms of revenue, contributing to nearly three-fifths of the total share in 2019, and is estimated to maintain its highest contribution by 2027. The lockdown hindered the manufacturing activities …