Global Industrial Rubber Market

Global Industrial Rubber Market Overview 

• The Global Industrial Rubber Market Size is Expected to Grow from USD 26.52 Billion in 2023 to USD 41.32 Billion by 2033, Growing at a CAGR of 4.53% during the forecast period 2023 to 2033.
• The main factors propelling the expansion of the industrial rubber market are the growing demand for rubber in automotive applications and the expanded use of rubber in many other industries.
• Moreover, the industrial rubber market is influenced by an array of factors, including rising construction activity in emerging economies, higher usage in hoses, sealing products, conveyor belts, and gaskets, rising household income in emerging economies, the steady growth.
• Further, the industrial rubber market has a great chance to embrace eco-friendly solutions as a result of the increased focus on sustainability and environmental responsibility boost the market growth.

Major vendors in the Global Industrial Rubber Market

Sinopec, LANXESS, LG Chem, Bridgestone Corporation, KUMHO PETROCHEMICAL, The Goodyear Tire and Rubber Company, JSR Corporation, ZEON CORPORATION, Versalis S.P.A., TSRC, and others.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Decision Advisor has segmented the industrial rubber market based on the below-mentioned segments:

Global Industrial Rubber Market, By Type

• Natural Rubber
• Synthetic Rubber

Global Industrial Rubber Market, By End User

• Automotive
• Construction
• Manufacturing
• Electrical and Electronics
• Others

Global Industrial Rubber Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa