Rubber Market Overview
Rubber is a natural or synthetic elastic material characterized by its ability to undergo significant deformation under stress and return to its original shape when the stress is removed. It has various applications due to its unique properties, including elasticity, resilience, insulating capabilities, and water resistance.
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Rubber Market Demand, Size Growth, Trends & Outlook by 2031

In 2023, the size of the Rubber Market reached USD 52.12 billion, with a projected compound annual growth rate (CAGR) of 6.08% expected by 2031.