Global Rubber Market

Global Rubber Market Overview

• The Global Rubber Market Size is Expected to Grow from USD 46.75 Billion in 2023 to USD 64.19 Billion by 2033, Growing at a CAGR of 3.22% during the forecast period 2023 to 2033.
• The market expansion is flourishing due to substantial investments in the creation of novel rubber compounds that are appealing to a variety of businesses have creating new strategic opportunities in the rubber market.
• Additionally, given the speed at which these developing markets are becoming industrialized and urbanized, investment in them appears to be rewarding.
• Furthermore, rubber manufacturers have a unique chance to create new, specialized goods for this specific market niche due to the rise of electric vehicles.

Major vendors in the Global Rubber Market 

Sinopec, DuPont, The Dow Chemical Company, Exxon Mobil Corporation, Kumho Petrochemical Company Ltd., The Goodyear Tire and Rubber Company, JSR Corporation, Denka Company Ltd., Vietnam Rubber Group, Southland Holding Lonza, Asahi Kasei Corporation, and others.

Market Segment

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

Global Rubber Market, By Type

• Natural
• Synthetic

Global Rubber Market, By Application

• Tire
• Non-Tire Automotive
• Footwear
• Industrial Goods
• Others

Global 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