Synthetic Rubber Market Size By Global Major Companies Profile, Competitive Landscape And Key Regions: Fortune Business Insights
The synthetic rubber market size was pegged at USD 28.89 billion in 2021. The market is anticipated to rise from USD 29.86 billion in 2022 to USD 41.73 billion by 2029 at a 4.9% CAGR during the forecast period. Fortune Business Insights™ has elucidated these insights in its latest research report, titled, “Synthetic Rubber Market, 2022-2029.”

According to the study, artificial elastomer has gained an uptick following the need for high tensile strength, recyclability and resistance to abrasion and swelling. Growing investments in research & development activities and demand from construction, aerospace, and construction sectors will augur well for the business outlook. Industry players expect the ensuing period to provide promising growth opportunities with rising demand from the end-users.

COVID-19 Impact

Manufacturing Plant Shutdown Challenged Stakeholders to Expand their Footfall

A notable dip in the aviation sector and automotive industry did not https://www.fortunebusinessins....ights.com/synthetic-