| Product Code: ETC5324211 | 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 |
The Republic of North Macedonia saw a significant increase in synthetic rubber import shipments in 2024, with top exporting countries being South Korea, Germany, Poland, Metropolitan France, and Italy. The market concentration, as measured by the HHI, remained high in 2024, indicating a competitive market landscape. The impressive compound annual growth rate (CAGR) of 36.28% from 2020 to 2024 highlights the growing demand for synthetic rubber in the region. Additionally, the growth rate of 6.59% from 2023 to 2024 suggests a sustained momentum in the import of synthetic rubber, reflecting a positive outlook for the industry.

By 2027, North Macedonia's Synthetic Rubber market is forecasted to achieve a stable growth rate of 2.58%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

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 Republic of Macedonia Synthetic Rubber Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia Synthetic Rubber Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia Synthetic Rubber Market - Industry Life Cycle |
3.4 Republic of Macedonia Synthetic Rubber Market - Porter's Five Forces |
3.5 Republic of Macedonia Synthetic Rubber Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Republic of Macedonia Synthetic Rubber Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Republic of Macedonia Synthetic Rubber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for synthetic rubber products in various industries such as automotive, construction, and consumer goods. |
4.2.2 Increasing investments in infrastructure projects and industrial development in the Republic of Macedonia. |
4.2.3 Favorable government policies and regulations supporting the growth of the synthetic rubber market in the region. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the production cost of synthetic rubber. |
4.3.2 Intense competition from other synthetic rubber manufacturers in the global market. |
4.3.3 Environmental concerns and regulations related to the production and disposal of synthetic rubber products. |
5 Republic of Macedonia Synthetic Rubber Market Trends |
6 Republic of Macedonia Synthetic Rubber Market Segmentations |
6.1 Republic of Macedonia Synthetic Rubber Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia Synthetic Rubber Market Revenues & Volume, By Styrene Butadiene Rubber, 2021-2031F |
6.1.3 Republic of Macedonia Synthetic Rubber Market Revenues & Volume, By Nitrile Rubber, 2021-2031F |
6.1.4 Republic of Macedonia Synthetic Rubber Market Revenues & Volume, By Polybutadiene Rubber, 2021-2031F |
6.1.5 Republic of Macedonia Synthetic Rubber Market Revenues & Volume, By Butyl Rubber, 2021-2031F |
6.1.6 Republic of Macedonia Synthetic Rubber Market Revenues & Volume, By Others, 2021-2031F |
6.2 Republic of Macedonia Synthetic Rubber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia Synthetic Rubber Market Revenues & Volume, By Tire, 2021-2031F |
6.2.3 Republic of Macedonia Synthetic Rubber Market Revenues & Volume, By Non-tire Automotive, 2021-2031F |
6.2.4 Republic of Macedonia Synthetic Rubber Market Revenues & Volume, By Industrial Rubber Goods, 2021-2031F |
6.2.5 Republic of Macedonia Synthetic Rubber Market Revenues & Volume, By Footwear, 2021-2031F |
6.2.6 Republic of Macedonia Synthetic Rubber Market Revenues & Volume, By Others, 2021-2031F |
7 Republic of Macedonia Synthetic Rubber Market Import-Export Trade Statistics |
7.1 Republic of Macedonia Synthetic Rubber Market Export to Major Countries |
7.2 Republic of Macedonia Synthetic Rubber Market Imports from Major Countries |
8 Republic of Macedonia Synthetic Rubber Market Key Performance Indicators |
8.1 Research and development investment in new synthetic rubber technologies. |
8.2 Adoption rate of synthetic rubber products in key industries in the Republic of Macedonia. |
8.3 Environmental sustainability initiatives and certifications in synthetic rubber manufacturing processes. |
8.4 Percentage of revenue generated from innovative synthetic rubber products. |
9 Republic of Macedonia Synthetic Rubber Market - Opportunity Assessment |
9.1 Republic of Macedonia Synthetic Rubber Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Republic of Macedonia Synthetic Rubber Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Republic of Macedonia Synthetic Rubber Market - Competitive Landscape |
10.1 Republic of Macedonia Synthetic Rubber Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia Synthetic Rubber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |