Industrial Rubber Products Market Estimated to Reach US$ 151 Bn by 2025
Global industrial rubber products market is largely dependent upon natural rubber as a source of raw material. Natural Rubber Market is in a state of oversupply. Affected by the growing tapping area of natural rubber in main producing regions, the slowdown in the growth rate of the tire industry and other factors, there will still be a glut of natural rubber worldwide during 2016-2025. Consumption of the rubber in all over the world increased at approximately 3% in 2016. Industrial...
View full press release