| Product Code: ETC5324167 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Hong Kong continued to import significant quantities of synthetic rubber, with top exporters being Taiwan, South Korea, China, Turkey, and Singapore. Despite a high concentration of the Herfindahl-Hirschman Index (HHI) indicating market domination by a few major players, the industry saw a notable growth rate of 11.82% in 2024. However, the compound annual growth rate (CAGR) from 2020 to 2024 was negative at -16.96%, suggesting some challenges in the market over the past few years. This data highlights the dynamic nature of the synthetic rubber import market in Hong Kong.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hong Kong Synthetic Rubber Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Synthetic Rubber Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Synthetic Rubber Market - Industry Life Cycle |
3.4 Hong Kong Synthetic Rubber Market - Porter's Five Forces |
3.5 Hong Kong Synthetic Rubber Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Hong Kong Synthetic Rubber Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Hong Kong Synthetic Rubber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for synthetic rubber in industries such as automotive, construction, and electronics in Hong Kong. |
4.2.2 Growing focus on sustainability and environmental concerns leading to the adoption of eco-friendly synthetic rubber products. |
4.2.3 Technological advancements and innovations in the production processes of synthetic rubber driving efficiency and quality improvements. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the production cost of synthetic rubber. |
4.3.2 Competition from natural rubber alternatives affecting market penetration and pricing strategies. |
4.3.3 Regulatory challenges and compliance requirements impacting the production and distribution of synthetic rubber in Hong Kong. |
5 Hong Kong Synthetic Rubber Market Trends |
6 Hong Kong Synthetic Rubber Market Segmentations |
6.1 Hong Kong Synthetic Rubber Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Synthetic Rubber Market Revenues & Volume, By Styrene Butadiene Rubber, 2021-2031F |
6.1.3 Hong Kong Synthetic Rubber Market Revenues & Volume, By Nitrile Rubber, 2021-2031F |
6.1.4 Hong Kong Synthetic Rubber Market Revenues & Volume, By Polybutadiene Rubber, 2021-2031F |
6.1.5 Hong Kong Synthetic Rubber Market Revenues & Volume, By Butyl Rubber, 2021-2031F |
6.1.6 Hong Kong Synthetic Rubber Market Revenues & Volume, By Others, 2021-2031F |
6.2 Hong Kong Synthetic Rubber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Synthetic Rubber Market Revenues & Volume, By Tire, 2021-2031F |
6.2.3 Hong Kong Synthetic Rubber Market Revenues & Volume, By Non-tire Automotive, 2021-2031F |
6.2.4 Hong Kong Synthetic Rubber Market Revenues & Volume, By Industrial Rubber Goods, 2021-2031F |
6.2.5 Hong Kong Synthetic Rubber Market Revenues & Volume, By Footwear, 2021-2031F |
6.2.6 Hong Kong Synthetic Rubber Market Revenues & Volume, By Others, 2021-2031F |
7 Hong Kong Synthetic Rubber Market Import-Export Trade Statistics |
7.1 Hong Kong Synthetic Rubber Market Export to Major Countries |
7.2 Hong Kong Synthetic Rubber Market Imports from Major Countries |
8 Hong Kong Synthetic Rubber Market Key Performance Indicators |
8.1 Research and development investment in eco-friendly synthetic rubber products. |
8.2 Adoption rate of synthetic rubber in key industries in Hong Kong. |
8.3 Percentage of cost reduction achieved through technological advancements in synthetic rubber production processes. |
9 Hong Kong Synthetic Rubber Market - Opportunity Assessment |
9.1 Hong Kong Synthetic Rubber Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Hong Kong Synthetic Rubber Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Hong Kong Synthetic Rubber Market - Competitive Landscape |
10.1 Hong Kong Synthetic Rubber Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Synthetic Rubber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |