Posts

Showing posts with the label Liquid Synthetic Rubber Market Revenue

Liquid Synthetic Rubber Market Anticipated To Expand At A CAGR Of 4.6% For The Forecast Period From 2017 To 2025: Grand View Research Inc.

Image
San Francisco, 26 April 2019:  The Report  Liquid Synthetic Rubber Market  Size, Share & Trends Analysis Report By Product (Isoprene, Butadiene, Styrene Butadiene), By Application (Tire, Industrial Rubber, Adhesive), And Segment Forecasts, 2019 – 2025 The global Liquid Synthetic Rubber Market size is expected to reach USD 5.02 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 4.6% during the forecast period. Growing demand for liquid isoprene, butadiene, and styrene butadiene rubber in tire manufacturing is expected to drive the growth in the forthcoming years. High cost, low abrasion resistance, limited supply leading to price volatility of natural rubber has led to the increasing demand for synthetic rubber from application industries. In addition, these rubbers have inherent advantage in terms of physical properties, which is the primary factor driving the market. Ascending demand for the product for adhesives,