India Synthetic Rubber Industry Outlook 2022 - 2026

Key Market Indicators

India is projected to become the 7th biggest importer of Synthetic Rubber in 2026, overtaking Belgium. Imports of synthetic rubber are expected to reach $1.2 billion by 2026, growing at an average rate of 1.5% year on year. Since 1993, demand has grown by 7% each year. In 2021, the United States, Germany and Malaysia were the top three importers respectively. India is also projected to become the 23rd largest exporter of Synthetic Rubber in 2026, overtaking Brazil. Exports of synthetic rubber are projected to hit $140 million by 2026, growing at a compound annual growth rate of 3.5% year on year. Since 1993, Indian supply has jumped by 14.5% each year. In 2021, Thailand, the United States and Japan were the top three exporters respectively.

India Synthetic Rubber Market Data and Forecasts

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• Rubber Products Sector: Innovations, Developments, and Emerging Market Trends

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• Rubber and Plastic: Insights Into A World of Unfolding Market Possibilities and Forecasts

  The rubber and plastic industry is encountering an escalating global demand. This surge is propelled by factors such as growing population, urbanization, and rising consumer inclination towards convenience. Moreover, advancements in various technological fields and their widened applications are further bolstering the demand. It is also noteworthy to state that...

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• Synthetic Rubber: Navigating Trends, Growth, and Forecast within the Global Industry

  In the sector of artificial elastomers, two trends stand out. One is the ongoing shift towards sustainable and environment-friendly materials, having significant implications for the sector. Producers are now more focused on creating bio-based synthetic rubber to reduce carbon emissions. Another trend is the increasing popularity of thermoplastic elastomers due...

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• Industrial Insights: Exploring the Scope and Evolution of Global Rubber Transmission Belt Markets

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