| Product Code: ETC5324126 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Belgium`s synthetic rubber import market saw significant growth in 2024, with top exporting countries including Mexico, USA, South Korea, Netherlands, and Italy. The market concentration, as measured by the HHI, shifted from low to moderate in 2024, indicating a more competitive landscape. The impressive compound annual growth rate (CAGR) of 20.87% from 2020 to 2024 demonstrates sustained expansion. Moreover, the growth rate in 2024 alone was robust at 20.42%, reflecting the increasing demand for synthetic rubber in Belgium and highlighting opportunities for market players to capitalize on this trend.

By 2027, Belgium's Synthetic Rubber market is forecasted to achieve a stable growth rate of 1.63%, 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 Belgium Synthetic Rubber Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Synthetic Rubber Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Synthetic Rubber Market - Industry Life Cycle |
3.4 Belgium Synthetic Rubber Market - Porter's Five Forces |
3.5 Belgium Synthetic Rubber Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium Synthetic Rubber Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Belgium Synthetic Rubber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand from end-use industries such as automotive, construction, and industrial manufacturing |
4.2.2 Growing emphasis on sustainable and eco-friendly materials, driving the adoption of synthetic rubber |
4.2.3 Technological advancements leading to the development of high-performance synthetic rubber products |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the production cost of synthetic rubber |
4.3.2 Regulatory challenges related to environmental concerns and emissions from synthetic rubber production |
4.3.3 Competition from natural rubber and other alternative materials in the market |
5 Belgium Synthetic Rubber Market Trends |
6 Belgium Synthetic Rubber Market Segmentations |
6.1 Belgium Synthetic Rubber Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Synthetic Rubber Market Revenues & Volume, By Styrene Butadiene Rubber, 2021-2031F |
6.1.3 Belgium Synthetic Rubber Market Revenues & Volume, By Nitrile Rubber, 2021-2031F |
6.1.4 Belgium Synthetic Rubber Market Revenues & Volume, By Polybutadiene Rubber, 2021-2031F |
6.1.5 Belgium Synthetic Rubber Market Revenues & Volume, By Butyl Rubber, 2021-2031F |
6.1.6 Belgium Synthetic Rubber Market Revenues & Volume, By Others, 2021-2031F |
6.2 Belgium Synthetic Rubber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Belgium Synthetic Rubber Market Revenues & Volume, By Tire, 2021-2031F |
6.2.3 Belgium Synthetic Rubber Market Revenues & Volume, By Non-tire Automotive, 2021-2031F |
6.2.4 Belgium Synthetic Rubber Market Revenues & Volume, By Industrial Rubber Goods, 2021-2031F |
6.2.5 Belgium Synthetic Rubber Market Revenues & Volume, By Footwear, 2021-2031F |
6.2.6 Belgium Synthetic Rubber Market Revenues & Volume, By Others, 2021-2031F |
7 Belgium Synthetic Rubber Market Import-Export Trade Statistics |
7.1 Belgium Synthetic Rubber Market Export to Major Countries |
7.2 Belgium Synthetic Rubber Market Imports from Major Countries |
8 Belgium Synthetic Rubber Market Key Performance Indicators |
8.1 Research and development investment in innovative synthetic rubber formulations |
8.2 Adoption rate of sustainable practices in synthetic rubber manufacturing processes |
8.3 Number of new product launches in the synthetic rubber market |
8.4 Percentage of market share held by high-performance synthetic rubber variants |
8.5 Growth in demand from key end-use industries for synthetic rubber products |
9 Belgium Synthetic Rubber Market - Opportunity Assessment |
9.1 Belgium Synthetic Rubber Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium Synthetic Rubber Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Belgium Synthetic Rubber Market - Competitive Landscape |
10.1 Belgium Synthetic Rubber Market Revenue Share, By Companies, 2024 |
10.2 Belgium Synthetic Rubber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |