Synthetic Rubber Market Expected to Hit $42.3 Billion by 2031, According to Meticulous Market Research Pvt. Ltd.
Meticulous Research® , a leading global market research firm, has released its latest report titled, 'Synthetic Rubber Market Size, Share, Forecast, & Trends Analysis by Type (SBR, EPDM, BR, SBC, IIR, NBR, IR, CR), Application (Tires, Textiles & Apparel, Electronics, Packaging), Industry (Construction, Automotive, Industrial) - Global Forecast to 2031.' Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5848 The report by Meticulous Research® forecasts that the synthetic rubber market will achieve $42.3 billion by 2031 , expanding at a CAGR of 4.4% from 2024 to 2031. The growth is driven by increased construction and infrastructure development activities, higher vehicle production, and expansion in industrial sectors like manufacturing. The demand for eco-friendly synthetic rubber alternatives is also expected to contribute to market growth. However, challenges such as waste management issues, environmental pollution,...