The synthetic rubber market plays a crucial role in modern society, providing a wide range of synthetic rubber products that are essential in various sectors, including automotive, aerospace, construction, healthcare, and consumer goods. Synthetic rubber is a man-made alternative to natural rubber, derived primarily from petroleum-based feedstocks.

“Synthetic Rubber Market Size, Share and Global Trend by Type, Application Type, USD 28.89 billion in 2021 and is projected to grow from USD 29.86 billion in 2022 to USD 41.73 billion by 2029, exhibiting a CAGR of 4.9% during the forecast period.

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