In 2023, the production of synthetic latex rubber in France stood at 61.716 million kilograms. Forecast data from 2024 to 2028 shows a consistent decline. From 2024 to 2025, production is expected to decrease by approximately 9.98%. The reduction continues in the following years with a 10.82% dip from 2025 to 2026, 11.91% from 2026 to 2027, and 13.28% from 2027 to 2028. Over the five-year period, the compound annual growth rate (CAGR) is projected to be -10.48%, indicating a steady downward trend.
Future trends to watch for:
- Shift in demand due to emerging sustainable and eco-friendly alternatives.
- Impact of regulatory changes on production processes and costs.
- Technological advancements that might improve production efficiency.
- Global economic factors affecting export potential and competitiveness in the market.
