Germany: Market Study by Ceresana Analysis of the Global Market for Synthetic Rubbers

Editor: Alexander Stark

Ceresana analyzed the global market for synthetic rubbers already for the third time. These include styrene-butadiene rubber, butadiene rubber, ethylene-propylene-diene rubber, acrylonitrile-butadiene rubber, chlorobutadiene, and polyisoprene. The current study deals with data for the years starting in 2009 and forecasts data until 2025.

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Ceresana analyzed the global market for synthetic rubbers.
Ceresana analyzed the global market for synthetic rubbers.
(Source: Ceresana)

Constance/Germany — Elastically deformable plastics have been necessary for several technical applications but also for various everyday objects. Per year, more than 12.7 million tonnes of these types of polymers are consumed worldwide.

The most important sales market for synthetic rubber in 2017 was the segment tires: 58 % of total global demand were accounted for by applications in original equipment and replacement tires. Rubbers are also used for numerous other products in the automotive industry: for example for hoses, cables, seals as well as window and door profiles. For the automotive segment, the analysts of Ceresana expect an increase of global rubber demand by 3.0 % per year until 2025.

Engineering Rubber Products

The second largest application area for rubbers are elastically deformable engineering products with a stable shape such as conveyor belts, roll covers, hoses, profiles, seals, cables, molded parts, and roofing films. Ranging from the chemical industry, engineering, and construction to electrics and electronics, increasing number of rubber products are needed. For the period until 2025, we expect global demand for rubber in the segments industry and construction to increase by 2.4 % p.a.

Market Leader Styrene-Butadiene Rubber

By far, the most important rubber type is styrene-butadiene rubber (SBR): about 5.1 million tonnes were processed in 2017. SBR is produced by emulsion polymerization (E-SBR) or solution polymerization (S-SBR). While E-SBR accounts for approx. 72 % of total SBR demand, the market for S-SBR develops at significantly more dynamical growth rates of 3.8 % p.a. The tire industry is the dominating sales market for these two products as well as for butadiene rubber (BR), butyl rubber (IIR), and polyisoprene (IR). A different picture is presented in the case of ethylene-propylene-diene rubber (EPDM), chlorobutadiene rubber (CR), and acrylonitrile-butadiene rubber (NBR): These rubber types are mainly used in industrial and construction products as well as for modification of other materials.

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