Sustainability Trends Propel Industrial Rubber Market to US$ 62.0 Billion at 5.5% CAGR

The global Industrial Rubber Market, valued at US$ 36.3 billion in 2023, is projected to reach US$ 62.0 billion by 2033, driven by a robust CAGR of 5.5%. Fueled by rising demand from automotive, construction, and manufacturing sectors, industrial rubber products like tires, seals, and hoses are critical for their flexibility, durability, and resistance to chemicals and weathering. This press release explores the key drivers, projections, and opportunities shaping this dynamic industry.