Global Artificial Rubber Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Styrenic Block Copolymer (SBC), Styrene-Butadiene Rubber (SBR), Polybutadiene Rubber (PBR), Butyl Rubber, Ethylene Propylene Diene Monomer, and Others.

By Application;

Tire, Carpet, Conveyer Belts, Shoe Sole, Gaskets, and Others.

By EndUser;

Automotive, Construction, Electrical, Aviation, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn075661740 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Artificial Rubber Market (USD Million), 2021 - 2031

In the year 2024, the Global Artificial Rubber Market was valued at USD xx.x million. The size of this market is expected to increase to USD 31526.95 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.

The global artificial rubber market has witnessed substantial growth, driven by its broad applications and advancements in material science. Artificial rubber, or synthetic rubber, is produced through the polymerization of monomers derived from petrochemicals, offering a versatile and cost-effective alternative to natural rubber. Its unique properties, such as resistance to wear, temperature fluctuations, and chemical exposure, make it ideal for a wide range of industrial and consumer applications, including automotive tires, industrial seals, and consumer goods.

Technological advancements in synthetic rubber production have significantly enhanced its performance characteristics. Innovations such as the development of high-performance polymers and improved manufacturing processes have led to artificial rubbers with superior elasticity, durability, and resistance to environmental factors. These advancements have expanded the material's applicability across various sectors, including automotive, aerospace, and construction, driving increased adoption and market growth.

The automotive industry is a major driver of artificial rubber demand, with synthetic rubber being used extensively in tire production. The shift towards high-performance tires that offer better fuel efficiency, safety, and durability has boosted the demand for advanced synthetic rubber compounds. Additionally, the rise in automotive production and the growing trend of vehicle electrification are expected to further drive the demand for specialized rubber products, including those with enhanced properties for electric and hybrid vehicles.

Automotive applications, artificial rubber is increasingly used in other industries such as construction, healthcare, and consumer goods. In construction, synthetic rubber is employed in applications such as roofing membranes, gaskets, and insulation materials, providing resilience and weather resistance. In healthcare, it is used in medical gloves, seals, and other equipment, offering protection and flexibility. The diverse range of applications underscores the material's versatility and contributes to the overall growth of the market.

The artificial rubber market faces challenges such as fluctuations in raw material prices and environmental concerns related to petrochemical-based products. However, ongoing research and development in sustainable and eco-friendly rubber alternatives, such as bio-based and recycled rubber, are expected to address some of these issues. As the market evolves, the focus on innovation and sustainability will likely shape the future trajectory of the global artificial rubber market, driving further growth and adaptation in response to changing industry demands and environmental considerations.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By EndUser
    4. Market Snapshot, By Region
  4. Global Artificial Rubber Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand from the Automotive Industry
        2. Advancements in Synthetic Rubber Technology
        3. Growing Industrial and Construction Activities
        4. Rising Consumer Demand for Durable and Versatile Products
      2. Restraints
        1. Fluctuations in Raw Material Prices
        2. Environmental Concerns and Regulatory Challenges
        3. Competition from Natural Rubber and Alternative Materials
        4. High Production Costs for Advanced Rubber Types
      3. Opportunities
        1. Development of Eco-Friendly and Sustainable Rubber Alternatives
        2. Growth in Electric and Hybrid Vehicle Markets
        3. Innovation in High-Performance Rubber Compounds
        4. Expansion in Emerging Market Economies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Artificial Rubber Market, By Type, 2021 - 2031 (USD Million)
      1. Styrenic Block Copolymer (SBC)
      2. Styrene-Butadiene Rubber (SBR)
      3. Polybutadiene Rubber (PBR)
      4. Butyl Rubber
      5. Ethylene Propylene Diene Monomer
      6. Others
    2. Global Artificial Rubber Market, By Application, 2021 - 2031 (USD Million)
      1. Tire
      2. Carpet
      3. Conveyer Belts
      4. Shoe Sole
      5. Gaskets
      6. Others
    3. Global Artificial Rubber Market, By EndUser, 2021 - 2031 (USD Million)
      1. Automotive
      2. Construction
      3. Electrical
      4. Aviation
      5. Others
    4. Global Artificial Rubber Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Lanxess
      2. Sinopec
      3. China National Petroleum Corporatio
      4. Sibur International GmbH
      5. Kumho Petrochemical
      6. Lion Elastomers
      7. JSR Corporation
      8. Asahi Kasei Chemical Corporation
  7. Analyst Views
  8. Future Outlook of the Market