Synthetic Rubber Market: Future Trends and Market Dynamics till 2033
The synthetic rubber market encompasses the production and distribution of man-made elastomers derived primarily from petroleum byproducts. These rubber materials are designed to mimic the properties of natural rubber, offering improved durability, resistance to abrasion, and elasticity. Synthetic rubber is used across numerous industries, including automotive, industrial manufacturing, footwear, healthcare, and construction, due to its wide range of applications, such as in tires, belts, hoses, gaskets, and seals.