Top 10 Companies in the Non-Tire Synthetic Rubber Industry (2025): Key Market Players Driving Global Industrial Growth

In Business Insights
November 05, 2025


The Global Non-Tire Synthetic Rubber Market was valued at US$ 17.65 Billion in 2022 and is projected to reach US$ 24.63 Billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 4.9% during the forecast period. This robust growth is primarily fueled by expanding demand from diverse end-use industries such as automotive (non-tire components), construction, industrial manufacturing, and the burgeoning medical/healthcare sector, alongside advancements in polymer modification technologies.

As global manufacturing rebounds and sustainability becomes a core focus, the non-tire synthetic rubber industry is witnessing a transformation toward high-performance, eco-friendly materials. In this blog, we profile the Top 10 Companies in the Non-Tire Synthetic Rubber Industry—a dynamic mix of global chemical giants, specialized polymer producers, and regional leaders shaping the material landscape for countless industrial applications.


🔟 1. Lanxess AG

Headquarters: Cologne, Germany
Key Offering: Butyl Rubber, Nitrile Rubber (NBR), Ethylene Propylene Diene Monomer (EPDM)

Lanxess is a leading global specialty chemicals company with a formidable presence in high-performance synthetic rubbers. Its extensive portfolio serves the automotive, construction, and consumer goods industries with materials prized for their durability, chemical resistance, and sealing properties.

Sustainability & Innovation Initiatives:

  • Development of bio-based and CO₂-reduced rubber grades under the “Lanxess Green Rubber” initiative.

  • Strategic investments in EPDM and Butyl rubber capacity expansion to meet growing demand.

  • Commitment to climate neutrality by 2040 through optimized production processes.

Download FREE Sample Report:
Non-Tire Synthetic Rubber Market – View in Detailed Research Report


9️⃣ 2. KUMHO Petrochemical

Headquarters: Seoul, South Korea
Key Offering: Styrene Butadiene Rubber (SBR), Polybutadiene Rubber (BR), Latex

KUMHO Petrochemical is a major South Korean producer with a significant global footprint in synthetic rubber. The company is a key supplier of SBR and BR, essential for a wide array of non-tire products including footwear, industrial belts, and adhesives.

Sustainability & Innovation Initiatives:

  • Focus on developing eco-friendly and high-value-added rubber solutions.

  • Continuous R&D to enhance product performance for specific industrial applications.


8️⃣ 3. ExxonMobil Chemical

Headquarters: Irving, Texas, USA
Key Offering: Butyl Rubber, Halobutyl Rubber, Vistalon™ EPDM

ExxonMobil Chemical is a powerhouse in the synthetic rubber sector, renowned for its advanced Butyl and Halobutyl rubbers. These materials are critical for applications requiring superior air retention and chemical resistance, such as pharmaceutical stoppers, hoses, and construction seals.

Sustainability & Innovation Initiatives:

  • Investment in next-generation halobutyl technology for improved sustainability profiles.

  • Commitment to circular economy principles through advanced recycling and material efficiency.


7️⃣ 4. Goodyear Chemical

Headquarters: Akron, Ohio, USA
Key Offering: Nitrile Rubber, Synthetic Polyisoprene, Styrene Butadiene Rubber (SBR)

Leveraging its deep-rooted expertise in rubber technology, Goodyear Chemical supplies high-quality synthetic rubbers beyond the tire industry. Its products are essential for manufacturing industrial goods, footwear, and various molded rubber products.

Sustainability & Innovation Initiatives:

  • Development of specialized rubber compounds for demanding industrial environments.

  • Focus on supply chain sustainability and reducing the environmental footprint of its chemical operations.

Download FREE Sample Report:
Non-Tire Synthetic Rubber Market – View in Detailed Research Report


6️⃣ 5. Sibur

Headquarters: Moscow, Russia
Key Offering: Synthetic Rubbers (SBR, BR, EPDM, etc.), Thermoplastic Elastomers (TPEs)

Sibur is one of the largest petrochemical holdings in Russia and a significant global player in synthetic rubber production. It operates integrated facilities producing a broad range of elastomers for export and domestic markets across various industries.

Sustainability & Innovation Initiatives:

  • Implementation of large-scale modernization projects to enhance production efficiency and product quality.

  • Development of new rubber grades tailored for specific regional and industrial needs.


5️⃣ 6. JSR Corporation

Headquarters: Tokyo, Japan
Key Offering: Styrene Butadiene Rubber (SBR), Polybutadiene Rubber (BR), Elastomers for Plastics Modification

JSR Corporation is a Japanese technology leader specializing in elastomers, plastics, and other high-performance materials. Its synthetic rubber division is critical for the automotive, electronics, and construction sectors, particularly in advanced polymer blends.

Sustainability & Innovation Initiatives:

  • Strong focus on R&D for high-functionality rubbers used in electronics and advanced materials.

  • Initiatives to reduce VOC emissions and improve the environmental performance of its products.


4️⃣ 7. Zeon Corporation

Headquarters: Tokyo, Japan
Key Offering: Specialty Rubbers (NBR, HNBR, ZETPOL®), Thermoplastic Elastomers

Zeon Corporation is globally recognized for its high-performance specialty rubbers, especially its ZETPOL® brand of hydrogenated nitrile rubber (HNBR), which offers exceptional heat, oil, and chemical resistance for demanding applications in automotive and industrial seals.

Sustainability & Innovation Initiatives:

  • Pioneering the development of specialty elastomers with extended service life, contributing to resource conservation.

  • Active pursuit of bio-based raw material alternatives for its production processes.


3️⃣ 8. LG Chemical

Headquarters: Seoul, South Korea
Key Offering: Nitrile Rubber (NBR), Acrylonitrile Butadiene Styrene (ABS), Engineering Plastics

LG Chemical is a major diversified chemical company with a strong synthetic rubber business unit. Its NBR production is vital for the automotive, consumer goods, and industrial sectors, often used in oil-resistant hoses, gaskets, and seals.

Sustainability & Innovation Initiatives:

  • Ambitious sustainability roadmap targeting carbon neutrality and circular economy leadership.

  • Investment in expanding high-value specialty chemical and rubber production capacities.


2️⃣ 9. Sinopec Group (Multiple Subsidiaries)

Headquarters: Beijing, China
Key Offering: Comprehensive range of Synthetic Rubbers (SBR, BR, NBR, EPDM)

As China’s largest petrochemical enterprise, Sinopec, through subsidiaries like Sinopec Beijing Yanshan, Sinopec Shanghai Gaoqiao, and Sinopec Qilu, is a dominant force in the global synthetic rubber market. It supplies massive volumes to both domestic and international markets, catering to nearly every non-tire application segment.

Sustainability & Innovation Initiatives:

  • Massive investment in R&D to develop proprietary rubber technologies and reduce reliance on imports.

  • Focus on energy efficiency and emission reduction across its vast manufacturing footprint.


1️⃣ 10. TSRC Corporation

Headquarters: Taipei, Taiwan
Key Offering: Styrene Butadiene Rubber (SBR), Polybutadiene Rubber (BR), Solution SBR (SSBR)

TSRC is a leading global synthetic rubber producer with a strong focus on quality and technical service. The company serves a global clientele with products used in footwear, automotive parts, polymer modification, and a wide range of industrial goods.

Sustainability & Innovation Initiatives:

  • Strategic expansion of SSBR and other high-value rubber capacities to capture growth in premium markets.

  • Implementation of sustainable manufacturing practices and development of eco-friendly product lines.

Get Full Report Here:
Non-Tire Synthetic Rubber Market – View in Detailed Research Report


🌍 Outlook: The Future of Non-Tire Synthetic Rubber is High-Performance and Sustainable

The non-tire synthetic rubber market is experiencing a significant evolution. While standard grades continue to see high volume demand, the industry’s future is increasingly shaped by the development of specialty and sustainable elastomers that offer enhanced properties, longer lifespan, and a reduced environmental impact.

📈 Key Trends Shaping the Market:

  • Rising Demand for Specialty Elastomers: Growth in automotive lightweighting, electric vehicles (EVs), and advanced medical devices is driving demand for high-performance rubbers like HNBR, FKM, and ECO.

  • Sustainability and Circular Economy: Increasing pressure to develop bio-based feedstocks, recyclable rubber compounds, and production processes with lower carbon footprints.

  • Geographic Shift in Production: While China remains the largest market, production capacity is expanding in Southeast Asia and the Middle East, altering global supply dynamics.

  • Vertical Integration: Major players are increasingly integrating upstream to secure raw material (monomer) supply and downstream to offer compounded, application-ready solutions.

Get Full Report Here:
Non-Tire Synthetic Rubber Market – View in Detailed Research Report

The companies listed above are not just supplying essential materials to global industry—they are actively engineering the next generation of elastomeric solutions that will define performance and sustainability standards for decades to come.