March 5, 2025
Rubber Market Share, Market Expansion & Industry Analysis 2032
The global rubber market is projected to reach USD 51.21 billion by 2027, growing at a CAGR of 5.3% during the forecast period. This growth is primarily driven by the increasing demand from the automotive industry, particularly due to rubber’s excellent insulation properties. According to a report by Fortune Business Insights titled “Rubber Market Size, Share &…
ameliajemss
December 17, 2024
Rubber Market Share, Segments, Key Players, and Regional Sales Forecast 2032
The global rubber market size stood at USD 40.77 billion in 2019 and is projected to reach USD 51.21 billion by 2027, exhibiting a CAGR of 5.3% during the forecast period. Asia Pacific dominated the Rubber Market with a market share of 54.18% in 2019. The rubber market in the U.S. is projected to grow significantly, reaching…