Synthetic Rubber Manufacturing in China Industry Research Report – Now Available from IBISWorld

The Synthetic Rubber Manufacturing industry in China is estimated to generate of $15.9 billion in 2012, says IBISWorld. Revenue has been growing strongly, largely due to the rapid development of the downstream Automobile Manufacturing industry, a key consumer of synthetic rubber tires.

San Francisco, CA (PRWEB) January 09, 2013

The Synthetic Rubber Manufacturing industry in China is estimated to generate of $15.9 billion in 2012, says IBISWorld. Over the past five years, revenue has been growing strongly at an annualized rate of 27.1%, largely due to the rapid development of the downstream Automobile Manufacturing industry, a key consumer of synthetic rubber tires.

The top four synthetic rubber manufacturers in China – China Petrochemical Corporation, China National Petroleum Corporation – Shenhua Chemical Industrial Group and Shandong Yuhuang Chemical – generate 57.4% of industry revenue in 2012, indicating a medium concentration level within the Synthetic Rubber Manufacturing industry in China. As competition among industry participants heats up, IBISWorld anticipates that the level of market share concentration will rise. Increasing competition is the result of rising environmental protection standards and the entry of foreign companies into the China market.

The steady growth of the Automobile Manufacturing industry in China will continue to support demand for the Synthetic Rubber Manufacturing industry in China, says IBISWorld, with higher environmental standards for tire exports spurring demand for high-end synthetic rubber in particular.

For more information, visit IBISWorld’s Synthetic Rubber Manufacturing in China industry report page.

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IBISWorld Industry Report Key Topics

The Synthetic Rubber Manufacturing industry in China manufactures synthetic or artificial rubber and polymer elastomer.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772. Reported by PRWeb 1 day ago.