Madagascar Synthetic Rubber Industry Outlook 2024 - 2028

See how Madagascar Synthetic Rubber performed compared to key markets.

Key Market Indicators

Madagascar's import of synthetic rubber is projected to hit approximately $219,000 by 2028, rising from around $209,000 in 2023. This marks an average annual growth rate of 0.8%. However, the demand for synthetic rubber in Madagascar has seen a decline over the years. Since 1995, there has been an average yearly decrease of 1.9% in imports.

Madagascar Synthetic Rubber Market Data and Forecasts

How much will Madagascar Synthetic Rubber Market grow to 2028?

Forecast: Import of Synthetic Rubber to Madagascar

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