INTERNATIONAL consulting firm, Ceresana has recently released its latest global market report on rubber.
Rubber products have been an integral part of everyday products and are indispensable in the industrial sector. There are various application areas for different types of rubber that cover segments like tyres, shoe soles as well as dampening and insulating elements.
According to Ceresana, the importance rubbers can be gleaned from the fact that its global revenues will rise to an estimated US$56 billion in 2020.
Touted as the most comprehensive market analysis regarding rubber, to date, market analysts at Ceresana included the most important types of rubber in their report: styrene butadiene rubber (SBR), polybutadiene rubber (BR), acrylonitrile butadiene rubber (NBR), butyl rubber (IIR), ethylene propylene diene rubber (EPDM), polychloroprene rubber (CR), and polyisoprene rubber (IR).
In a press release, it said that the most important type of rubber, by far, is SBR.
In 2012, more than 5.4 million tonnes were processed; the second most important product is BR that accounted for about a quarter of global market volume that year. Major application area for both types of rubber is the production of tyres, accounting for almost 70% of consumption.
The picture discernible in regard to EPDM and NBR is different: As NBR is highly resistant against oils, fats, and fuels, it is more often used in the manufacturing of industrial products such as hoses, cog wheels, belts, gaskets, and moulded parts. EPDM is mainly processed into gaskets, hoses, and cables that are to be used in vehicles.
It also said that for the first time, all market participants are able to get a complete overview over all relevant data and facts as well as background information concerning individual types of rubber and sales markets.
“In 2012, Asia-Pacific accounted for about half of global rubber consumption and roughly 47% of global output”, explained Oliver Kutsch, CEO of Ceresana.
“North America ranked second, closely followed by Western and Eastern Europe. Market analysts at Ceresana expect countries in Asia-Pacific to continue to gain market shares; until 2020, demand for individual product types is expected to increase by between 2.0% and 7.7% per year. Among the most influential factors are the automobile industry as well as demand for industrial products and construction material,” said Kutsh.
The study covers:
Chapter 1 – Description and analyses of the global market for the synthetic rubbers SBR, BR, NBR, IIR, EPDM, CR, and IR; including forecasts until 2020: revenues development as well as production and consumption volumes are analyzed for each individual region.
Chapter 2 – Analyses on the rubber market in the 18 largest countries in more detail: France, Germany, Italy, Spain, the United Kingdom, Poland, Russia, Turkey, Canada, Mexico, the USA, Brazil, China, India, Indonesia, Japan, South Korean, and Thailand. Data on demand, revenues, production, production capacity, import, and export is provided for each country. Demand is analyses in detail split by both applications areas and product.
Chapter 3 -The individual application areas tyres, automotive, industry/construction, modification, and others are analysed in detail. Data is split by the sales markets Western Europe, Eastern Europe, North America, South America, and the Middle East/Africa as well as the major countries.
Chapter 4 – An analysis of demand for and revenues generated with different types of rubber. Demand for SBR, BR, NBR, IIR, EPDM, and other products (CR and IR) is analyzed split by regions and individual countries.
Chapter 5 – Profiles of the largest manufacturers of rubbers, clearly arranged according to contact details, turnover, profit, product range, production sites, and profile summary. Extensive profiles are given for 50 manufacturers, such as Asahi Kasei Chemicals, Bridgestone, Exxon Mobil, Goodyear, Indian Oil, Kumho Petrochemical, Lanxess, Nizhnekamskneftekhim, PetroChina, SINOPEC, Trinseo, TSRC, Ube Industries, and Zeon.