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Wednesday, June 9, 2021

Lucintel Forecasts MENA Synthetic Rubber Compound Market to Grow at a CAGR of 2.2%

According to the recent study the MENA synthetic rubber compound market is projected to grow at a CAGR of 2.2% from 2020 to 2025. Growth in this market is primarily driven by growth in automotive production and increasing building and construction activities.

Browse 67 figures / charts and 51 tables in this 150 -page report to understand trends, opportunities and forecast in MENA synthetic rubber compound market by application (tires, hoses and belting, roofing and geo-membranes, footwear, wire and cable insulation, and others), product type (styrene butadiene rubber, silicon rubber, fluoro rubber, butyronitrile rubber, ethylenepropylene rubber, chloroprene rubber, and others), and country (Saudi Arabia, UAE, Iran, Iraq, and others).

Download sample report by clicking on below link https://www.lucintel.com/downloadreportsample.aspx?RepId=RPT9918 and view detailed Table of Content here – https://www.lucintel.com/mena-synthetic-rubber-compound-market.aspx 

“Styrene butadiene rubber (SBR) market is expected to remain the largest segment during the forecast period.”

Based on product type, the MENA synthetic rubber compound market is segmented into styrene butadiene rubber, silicon rubber, fluoro rubber, butyronitrile rubber, ethylenepropylene rubber, chloroprene rubber, and others. Lucintel forecasts that the styrene butadiene rubber is expected to witness the largest segment over the forecast period due to wide availability, low cost, and ability to accept high filler levels/ provide high filler loading than other synthetic rubber compound.

 “Within the MENA synthetic rubber compound market, the tire segment is expected to remain the largest application.”

Based on application, the tire segment is expected to witness the largest application over the forecast period and it is also expected to witness the highest growth due to increasing automotive production.

“Saudi Arabia will dominate the MENA synthetic rubber compound market in near future.”

Saudi Arabia is expected to be the largest country in the Middle Eastern and North African synthetic rubber compound market during the forecast period due to growth in tire and non-tire applications.

Download Brochure of this report by clicking on https://www.lucintel.com/mena-synthetic-rubber-compound-market.aspx

Major players of MENA synthetic rubber compound market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Continental AG, HEXPOL Compound, Kraiburg, Arlanxeo and AEB Ltd. are among the major MENA synthetic rubber compound providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/mena-synthetic-rubber-compound-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email:
brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751


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