Industrial rubber market is likely to witness a moderate CAGR of 5.0% during the forecast period. The prime factor that is contributing to the demand for industrial rubbers is mainly the increasing usage of versatile materials in various applications, such as automotive, building & construction, medical & healthcare, coating, sealant & adhesives, and wire & cables.

Industrial rubber market is likely to witness a moderate CAGR of 5.0% during the forecast period. The prime factor that is contributing to the demand for industrial rubbers is mainly the increasing usage of versatile materials in various applications, such as automotive, building & construction, medical & healthcare, coating, sealant & adhesives, and wire & cables.