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World - Synthetic Rubber - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Mar 1, 2025

World - Synthetic Rubber - Market Analysis, Forecast, Size, Trends And Insights

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Feb 2, 2025

Exploring the Top Import Markets for Synthetic Rubber in 2024

Synthetic rubber is a crucial raw material used in various industries such as automotive, construction, and manufacturing. As the demand for synthetic rubber continues to rise globally, import markets play a significant role in meeting this demand. In this article, we will explore the top import markets for synthetic rubber based on data from the IndexBox market intelligence platform.

1. China

China is the world's largest import market for synthetic rubber, with an import value of 8.2 billion USD in 2024. The country's robust manufacturing sector and growing automotive industry are key drivers of this high demand for synthetic rubber. In addition, China's rapid industrialization and urbanization have further boosted the need for this essential raw material.

2. Thailand

Thailand is the second-largest import market for synthetic rubber, with an import value of 1.3 billion USD in 2024. The country's strategic location in Southeast Asia and its well-developed manufacturing sector make it an attractive market for synthetic rubber imports. Thailand's automotive and electronics industries are major consumers of synthetic rubber, driving the significant demand for this raw material.

3. United States

The United States is also a key import market for synthetic rubber, with an import value of 1.3 billion USD in 2024. The country's large automotive industry, as well as its diverse manufacturing sector, are major consumers of synthetic rubber. Additionally, the United Statesrobust construction industry further fuels the demand for this essential raw material.

4. India

India is another important import market for synthetic rubber, with an import value of 1.3 billion USD in 2024. The country's rapidly growing automotive and construction sectors are key drivers of this high demand for synthetic rubber. India's favorable economic conditions and increasing consumer spending also contribute to the significant need for this essential raw material.

5. Belgium

Belgium is a prominent import market for synthetic rubber, with an import value of 1.2 billion USD in 2024. The country's central location in Europe and its well-developed transportation infrastructure make it an ideal hub for synthetic rubber imports. Belgium's strong manufacturing base and thriving chemical industry further drive the demand for this essential raw material.

6. Turkey

Turkey is a key import market for synthetic rubber, with an import value of 865.1 million USD in 2024. The country's growing automotive and construction industries are major consumers of synthetic rubber, contributing to the significant demand for this essential raw material. Turkey's strategic location as a bridge between Europe and Asia also makes it an attractive market for synthetic rubber imports.

7. Germany

Germany is also a notable import market for synthetic rubber, with an import value of 793.1 million USD in 2024. The country's strong manufacturing sector and automotive industry are major consumers of synthetic rubber. Germany's focus on innovation and sustainability further drives the demand for this essential raw material.

8. Vietnam

Vietnam is an emerging import market for synthetic rubber, with an import value of 789.0 million USD in 2024. The country's growing manufacturing sector and export-oriented economy are key drivers of the demand for synthetic rubber. Vietnam's favorable business environment and strategic trade agreements further boost the need for this essential raw material.

9. Malaysia

Malaysia is a significant import market for synthetic rubber, with an import value of 731.0 million USD in 2024. The country's well-developed rubber industry and manufacturing sector are major consumers of synthetic rubber. Malaysia's strategic location in Southeast Asia and its strong trade networks make it an attractive market for synthetic rubber imports.

10. Brazil

Brazil is also a key import market for synthetic rubber, with an import value of 602.5 million USD in 2024. The country's large automotive industry and construction sector are major consumers of synthetic rubber. Brazil's abundant natural resources and focus on sustainable development further drive the demand for this essential raw material.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global synthetic rubber market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20171050 - Synthetic latex rubber
  • Prodcom 20171090 - Synthetic rubber (excluding latex)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Arlanxeo, Sinopec, KKPC, Petrochina, TSRC, ExxonMobil, Goodyear, NKNH, JSR, Sibur, LG, Versails, Grupo Dynasol, LCY, Kraton, Zeon, Synthos, Trinseo, Asahi, Michelin, Firestone, Lion, Reliace

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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