Synthetic Rubber Market Size, Share, Growth Trends and Forecast 2024-2032
IMARC Group, a leading market research company, has recently releases report titled “ Synthetic Rubber Market Report by Type (Styrene Butadiene Rubber, Ethylene Propylene Diene Rubber, Polyisoprene, Polybutadiene Rubber, Isobutylene Isoprene Rubber, and Others), Form (Liquid Synthetic Rubber, Solid Synthetic Rubber), Application (Tire and Tire Component, Non-Tire Automobile Application, Footwear, Industrial Goods, and Others), and Region 2024-2032 ”, Offers a comprehensive analysis of the industry, which comprises insights on the global synthetic rubber market . How Big is the Synthetic Rubber Market? The global synthetic rubber market size reached US$ 33.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 44.2 Billion by 2032, exhibiting a growth rate (CAGR) of 3.2% during 2024-2032. Factors Affecting the Growth of the Synthetic Rubber Industry: Automotive Industry Demand : The automotive industry's demand for synthetic rubber is a major driving fact