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Synthetic Rubber Price History and Forecast Analysis | Procurement Resource

Artificial rubber mirrors the characteristics of natural rubber, serving as a crafted elastomer or polymer substance. This material is formed through the polymerization of diverse monomers, derived from either petroleum or plant-based sources, resulting in extended polymer chains.

Common variants of synthetic rubber include styrene-butadiene rubber (SBR), polybutadiene rubber (BR), neoprene rubber (CR), and nitrile rubber (NBR).

The primary exporters of synthetic rubber globally encompass South Korea, the United States, Japan, Thailand, and Vietnam.

Request for Real-Time Synthetic Rubber Prices: https://procurementresource.com/resource-center/synthetic-rubber-price-trends/pricerequest

Key Details About the Synthetic Rubber Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Synthetic Rubber price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The Synthetic rubber Prices, including India’s synthetic rubber price, USA’s synthetic rubber price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting synthetic rubber Price Trend:

Synthetic Rubber Price Trend

Synthetic rubber finds its primary application in manufacturing belts and hoses for automobile engines and plays a vital role in tire production. It enhances grip, durability, and resistance to wear and tear in tire treads, sidewalls, and inner liners.

Additionally, it is crucial in creating seals and gaskets for engines, pumps, and various industrial machinery, preventing leaks and ensuring optimal machinery performance.

Its versatility extends to athletic shoes, boots, and footwear, providing lasting support, cushioning, and resilience against wear. Furthermore, it is a key component in industrial adhesives.

Beyond that, synthetic rubber contributes significantly to the production of roofing and waterproofing materials, insulation, and soundproofing products.

Key Players:

  • Sinopec
  • DuPont
  • The Dow Chemical Company
  • ExxonMobil
  • Kumho Petrochemical Company Ltd

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Christeen Johnson
Email: sales@procurementresource.com
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