As of 2024, the sold production of synthetic rubber (excluding latex) in France is forecast to be 360.11 million kilograms. The trend indicates a decrease over the following years, with the production projected to reach 346.15 million kilograms by 2028. From 2024 to 2028, this represents an overall decline, with a Compound Annual Growth Rate (CAGR) reflecting a slight negative trajectory.
Year-on-year, the production volume is expected to contract, indicating challenges in demand or market shifts. In 2023, the production stood slightly above 360 million kilograms, setting a baseline for these future declines.
Future trends to watch for include:
- Impact of evolving environmental regulations on production processes.
- Shifts in global demand for automotive and industrial goods utilizing synthetic rubber.
- Technological innovations in synthetic rubber alternatives influencing market dynamics.
- Sustainable and eco-friendly advancements put forth by rubber manufacturers.