How Big is the Synthetic Rubber Market | Industry Trends & Forecast 2025

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA9289

Publication Date: Sep 2025

What is the size of the Synthetic Rubber Market?

According to 6Wresearch internal database and industry insights, the Global Synthetic Rubber Market was valued at USD 21000 Billion in 2024 and is expected to reach USD 37300 Billion by 2031, growing at a compound annual growth rate of 7.20% during the forecast period (2025-2031).

Rising demand in the manufacturing, construction, and automotive sectors, as well as improvements in synthetic rubber production technologies and growing uses in high-performance tires and other industrial goods, are driving the market expansion.

View Main Report

Schedule Analyst Call

Key Growth Drivers of the Synthetic Rubber Market

Rising demand for synthetic rubber in the automotive industry
Increasing use of synthetic rubber in manufacturing processes and industrial applications
Technological advancements in synthetic rubber production
Demand for high-performance tires due to rising automotive sales
Growing preference for eco-friendly and sustainable synthetic rubber solutions
Rising applications of synthetic rubber in medical and consumer goods industries

Synthetic Rubber Market Trends

The Synthetic Rubber Market is evolving with notable trends such as the increasing shift towards high-performance tires, which require advanced synthetic rubber with improved properties. The industries grow more ecologically conscious, there is also a growing demand for sustainable and eco-friendly substitutes, such as bio-based synthetic rubber. The growing need for strong, high-quality components in the use of synthetic rubber in the manufacturing of automotive belts, hoses, and seals. The dynamics of the market are also being impacted by recent advancements in synthetic rubber, such as the reduction of reliance on petroleum-based raw materials and the investigation of recycling techniques.

Emerging Developments in the Synthetic Rubber Market

Emerging developments in the Synthetic Rubber Market include the adoption of bio-based synthetic rubber, which reduces environmental impact and ensures sustainability. Researchers are looking into substitute raw materials for petroleum-based ones, such as guayule and dandelion rubber. The development of advanced elastomers with enhanced properties like greater flexibility, temperature resistance, and durability is driving demand in the manufacturing and automotive sectors. Furthermore, due to reduce waste and allow for the reuse of rubber materials, synthetic rubber recycling methods like devulcanization technologies are gaining popularity.