Global rubber molding market forecast at $109 billion by 2034
The global rubber molding market is poised for significant expansion, with its valuation projected to reach USD 54.2 billion by 2024 and surge to USD 109.3 billion by 2034 according to Future Market Insights. This robust growth is anticipated at a compound annual growth rate (CAGR) of 7.3% throughout the forecast period. The increase in demand for rubber molding is driven by its wide applications across various industries, including automotive, aerospace, and consumer goods, where it plays a crucial role in producing high-quality, durable components. As industries continue to advance and seek more efficient manufacturing solutions, the rubber molding market is set to experience substantial development and opportunity.
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