Thursday, April 19, 2012

Chemicals || Indian Synthetic Rubber Industry - Relying on Imports Due to Low Production Capacity

The synthetic rubber industry in India is expanding slowly with the gradual increase in demand and subsequent capacity additions. Synthetic rubber consumption has recently increased due to the rapid industrialization of the Indian economy. Although synthetic rubber has many advantages over natural rubber, it has been unable to compete with natural rubber due to the limited production capacity. Natural rubber production is thriving in India due to favorable climatic conditions providing regular supplies. 

The tire sector is the largest end-use sector for synthetic rubber in India. Styrene Butadiene Rubber (SBR) which accounts for 40% of the total synthetic rubber demand is consumed mostly in the tire sector. As the tire production in India is increasing at a fast pace, the synthetic rubber consumption will also increase. To fulfill increasing demand for synthetic rubber many new plants have been planned in India; this will reduce India’s import dependency.

Scope

- Analyses the production and consumption scenario of synthetic and natural rubber industry in India
- Analyses the end use segments driving rubber industry in India

Reasons to buy

- Understand the drivers for rubber industry in India
- Details of all active and planned plants
- Formulate strategies based on the current trends in the industry
For more information, please visit:
http://www.aarkstore.com/reports/Indian-Synthetic-Rubber-Industry-Relying-on-Imports-Due-to-Low-Production-Capacity-198771.html
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China Synthetic Rubber Industry Profile - CIC2652
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