Global synthetic rubber market forecast at $24.6 billion

Dublin, Ireland – The global market for Synthetic Rubber was valued at US$19.9 billion in 2024 and is projected to reach US$24.6 Billion by 2030, at a 3.6% CAGR from 2024 to 2030 according to Research and Markets. This in-depth report analyzes trends, drivers, and forecasts to support informed decisions. It integrates the most recent global tariff developments and their impact on supply chains and sourcing. Independent analysis of annual sales and forecasts from 2024 to 2030 equips you with clear, comparable metrics.

Styrene-butadiene rubber is expected to reach US$8.8 Billion by 2030 with a 3.3% CAGR, while polybutadiene rubber is set to grow at a 3.4% CAGR. Coverage spans product segments including Styrene-Butadiene Rubber, Polybutadiene Rubber, Ethylene Propylene Rubber, Nitrile Rubber, Polyisoprene Rubber, Polychloroprene Rubber, and other segments, and applications such as Tire, Non-Tire Automotive, Industrial Rubber Goods, Footwear, and other uses. Regional insights cover the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Company profiles feature players such as ARLANXEO, Asahi Kasei Chemicals Corp., Denka Co. Ltd., and Dow Inc., with complimentary updates for one year.