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

Summary

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

1 Table of Contents

1 Table of Contents 1

1.1 List of Tables 1

1.2 List of Figures 1

2 Summary 1

3 The Synthetic Rubber Industry in India is Import Depandant Due to Low Production Capacity 1

3.1 Rubber - An Elastic Polymer with Wide Industrial Applications 1

3.2 Indian Natural Rubber Industry is well Established while Synthetic Rubber Industry is in Nascent Stages 2

3.3 Low Production Capacity Inhibiting the Growth of Synthetic Rubber in India 3

3.4 Planned Plant Announcements to Reduce India’s Imports Dependency in the Future 4

3.5 Natural Rubber to Dominate the Rubber Industry in India 5

3.6 Demand from Growing Tire Sector is Driving the Synthetic Rubber Industry in India 6

3.7 Conclusion 7

4 Appendix 7

4.1 Methodology 7

4.2 Contact Us 8

4.3 Disclaimer 8

4.4 Bibliography 8

1.1 List of Tables

Table 1: Indian Rubber Industry, Area Under Natural Rubber Cultivation, Thousand Hectares, 2000-2009 2

Table 2: Indian Rubber Industry, Production, 2000-2011 3

Table 3: Indian Synthetic Rubber Industry, Imports as Percentage of Demand, %, 2000-2011 4

Table 4: Indian Rubber Industry, Active and Planned Synthetic Rubber Plant Details 5

Table 5: Indian Rubber Industry, Consumption, 2000-2011 6

Table 6: Indian SBR Industry, Demand by End Use , %, 2011 6

1.2 List of Figures

Figure 1: Indian Rubber Industry, Area Under Natural Rubber Cultivation, Thousand Hectares, 2000-2009 2

Figure 2: Indian Rubber Industry, Production, MMtpa, 2000-2011 3

Figure 3: Indian Synthetic Rubber Industry, Imports as Percentage of Demand, %, 2000-2011 4

Figure 4: Indian Rubber Industry, Natural and Synthetic Rubber Consumption, MMtpa, 2000-2010 5

Figure 5: Indian SBR Industry, Demand by End Use , %, 2011 6