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World - Synthetic Rubber (Excluding Latex) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

World - Synthetic Rubber (Excluding Latex) - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Jan 9, 2024

Top Import Markets for Synthetic Rubber (Excluding Latex)

The global market for synthetic rubber, excluding latex, is experiencing significant growth, driven by the increasing demand for these materials in various industries. According to the IndexBox market intelligence platform, the world's top import markets for synthetic rubber in 2022 are China, the United States, India, Germany, Belgium, Thailand, Turkey, Vietnam, Brazil, and Italy.

1. China

China is the leading import market for synthetic rubber, with an import value of $8.5 billion in 2022. The country's robust manufacturing industry, particularly in the automotive and construction sectors, drives the demand for synthetic rubber. China's ongoing infrastructure development projects further contribute to the growth of its synthetic rubber import market.

2. United States

The United States ranks second in terms of import value, with $1.7 billion in 2022. The country's automotive and tire industries are the major consumers of synthetic rubber. The demand for fuel-efficient vehicles and the ongoing replacement of aging infrastructure drive the need for synthetic rubber in the United States.

3. India

India is another significant player in the global synthetic rubber import market, with an import value of $1.4 billion in 2022. The country's growing automotive and construction sectors fuel the demand for synthetic rubber. India's government initiatives to promote infrastructure development and favorable investment policies attract foreign manufacturers and contribute to the growth of its import market.

4. Germany

Germany is a key importer of synthetic rubber, with an import value of $1.4 billion in 2022. The country's well-established automotive and chemical industries drive the demand for synthetic rubber. Germany's focus on sustainable development and the growing demand for eco-friendly products contribute to the growth of its import market.

5. Belgium

Belgium also holds a significant share in the global synthetic rubber import market, with an import value of $1.3 billion in 2022. The country's central location in Europe and well-developed logistics infrastructure make it an attractive destination for synthetic rubber imports. Belgium's automotive and manufacturing industries are the primary consumers of synthetic rubber.

6. Thailand

Thailand's import market for synthetic rubber is valued at $1.1 billion in 2022. The country's strong manufacturing base, particularly in the automotive and electronics sectors, drives the demand for synthetic rubber. Thailand's well-established rubber industry and favorable investment environment contribute to the growth of its import market.

7. Turkey

Turkey is a significant player in the global synthetic rubber import market, with an import value of $961.2 million in 2022. The country's automotive, construction, and packaging industries are the major consumers of synthetic rubber. Turkey's strategic location between Europe and Asia, along with its well-developed transportation infrastructure, make it an attractive market for synthetic rubber imports.

8. Vietnam

Vietnam's import market for synthetic rubber is valued at $918.7 million in 2022. The country's manufacturing sector, particularly in textiles, electronics, and automotive industries, fuels the demand for synthetic rubber. Vietnam's strong economic growth, increasing foreign direct investment, and favorable trade agreements contribute to the growth of its import market.

9. Brazil

Brazil ranks ninth in terms of synthetic rubber import value, with $853.2 million in 2022. The country's automotive and manufacturing sectors are the major consumers of synthetic rubber. Brazil's growing economy, favorable investment climate, and abundant natural resources contribute to the growth of its import market.

10. Italy

Italy holds a significant share in the global synthetic rubber import market, with an import value of $785.2 million in 2022. The country's automotive, tire, and construction industries drive the demand for synthetic rubber. Italy's focus on innovation and the adoption of eco-friendly technologies contribute to the growth of its import market.

Overall, the global market for synthetic rubber is witnessing substantial growth, with China leading the pack as the largest import market. The demand for synthetic rubber is driven by the automotive, construction, and manufacturing sectors in these countries. The IndexBox market intelligence platform provides valuable data and insights to understand the dynamics of the global synthetic rubber import market.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for synthetic rubber (excluding latex). Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20171090 - Synthetic rubber (excluding latex)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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