The Business Research Company’s latest report Synthetic
Rubber And Fibers Global Market Report 2020 covers Synthetic Rubber And Fibers
market drivers, Synthetic Rubber And Fibers market trends, Synthetic Rubber And
Fibers market segments, Synthetic Rubber And Fibers market growth rate,
Synthetic Rubber And Fibers market major players, and Synthetic Rubber And
Fibers market size. The report provides in-depth analysis of the impact of
COVID-19 on the Synthetic Rubber And Fibers industry, along with revised market
numbers due to the effects of the coronavirus.
View Complete Report:
Synthetic Rubber And Fibers Global Market Report 2020 is the
most comprehensive report available on this market and will help gain a truly
global perspective as it covers 60 geographies. The chapter on the impact of
COVID-19 gives valuable insights on supply chain disruptions, logistical
challenges, and other economic implications of the virus on the market. The
chapter also covers markets which have been positively affected by the
pandemic.
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The global synthetic rubber and fibers market is expected to
decline from $260.8 billion in 2019 to $245.5 billion in 2020 at a compound
annual growth rate (CAGR) of -5.9%. The decline is mainly due to economic
slowdown across countries owing to the COVID-19 outbreak and the measures to
contain it. The market is then expected to recover and grow at a CAGR of % from
2021 and reach $242.2 billion in 2023.
The report covers the
Synthetic Rubber And Fibers market’s segments-
1) By Type: Fibers, Styrene Butadiene Rubber (SBR),
Polybutadiene (BR), Ethylene Propylene (EPDM), Others (IIR, CR, TPR, ABS, etc.)
2) By Application: Non-Tire Automotive, Footwear, Tire,
Construction, Others.
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