The global rubber industry is experiencing significant growth as demand for rubber products increases worldwide. The industry is expected to reach a value of $44.6 billion by 2026, with a compound annual growth rate of 4.6% from 2021 to 2026.
Rubber is used in a wide range of products, including automotive tires, footwear, gloves, and industrial products such as conveyor belts and seals. With the increasing demand for these products, the rubber industry is seeing a surge in production