Industrial Molded Rubber Market Accounting for US$ 167,935 Mn by 2026 End

Higher capacity for suppression and reusability of rubbers make them an ideal raw material for almost every other industry in the world. The versatile applicability of industrial molded rubber keeps raking in billions of dollars, and also manages to save loses worth millions. From aerospace to automotive, Persistence Market Research’s latest report on the global industrial rubber market highlights key end-uses of rubber products across multiple industries. The report reveals how years and years of surplus demand has led the global industrial rubber market towards its present value, which is estimated to be US$ 93,067.7 Mn. Much like the last decade, the global demand for industrial rubber is less likely to halt, and will bring in around US$ 167,935 Mn revenues by the end of 2026. During these years, the global market for industrial rubber has also been anticipated to soar at an impressive CAGR of 6.1%

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