Home Press Releases Rubber Market to grow at a CAGR of 6.5 percent during the forecast period

Rubber Market to grow at a CAGR of 6.5 percent during the forecast period

by Press Room

(EMAILWIRE.COM, June 18, 2023 ) The “Rubber Market” was valued USD 48.83 Bn in 2022 and is expected to grow at a CAGR of 6 percent over the forecast period to reach USD 73.42 Bn by 2029.

Rubber Market Scope and Research Methodology

The research offers market size, growth rate, and country-level data, as well as demand and supply aspects that influence worldwide Rubber market growth in different nations. The Rubber market report provides the most up-to-date market statistics, as well as future developments, size, and emerging trends, allowing you to identify the products and end users that are driving revenue growth and profitability.

Request For Free Sample Report: https://www.maximizemarketresearch.com/request-sample/187279

Rubber Market Dynamics

Rubbers are widely used in the automotive industry for tire making, which is expected to boost the Rubber market growth. There is a demand for sustainable rubber from tire manufacturers to produced natural rubber and has a positive impact on the market growth. Disruption in supply chain is expected to restrain the market growth.

Rubber Market Regional Insight

Asia Pacific region is expected to boost the Rubber market growth over the forecast period. 90 percent of rubber is supplied from the Asia Pacific region compared to globe. Increasing sales of vehicles in the region is expected to boost the market growth.

Get a Sample Copy of the Report: https://www.maximizemarketresearch.com/request-sample/187279

Rubber Market Segmentation

By Type:

Natural Rubber

Synthetic Rubber

Butyl Rubber

Silicone Rubber

Nitrile Rubber

Chloroprene Rubber

EPDM Rubber

Polybutadiene Rubber

Styrene Butadiene Rubber

By Application:

Manufacturing Tyres


Industrial Products

Rubber and Canvas Footwear

Pharmaceutical Goods

Rubber hoses





By Sales Channel:



By End Use Industry





Consumer goods


Rubber Market Key Players Include

Sri Trang Agro-Industry Plc


Southland Global


Get the Sample PDF of Report: https://www.maximizemarketresearch.com/request-sample/187279

Maximize Market Research is leading Material & Chemical research firm, has also published the following reports:

Rubber Tire Market : The market size is expected to reach USD 193.18 Bn by 2029 at a CAGR of 3.99 percent during the forecast period.

Elastic Rubber Tapes Market : The total market size is expected to reach USD 5.43 Bn by 2029 at a CAGR of 4.22 percent over the forecast period.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

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