Rubber Compound Market Size, Share Growth Forecast To 2030

The report "Rubber Compound Market by Type (Silicone Rubber, Fluoro Rubber, Butyronitrile Rubber, EPDM Rubber, Chloroprene Rubber), by Application (Transportation, Construction, Medical, Consumer Goods, Automotive)-Global Forecasts to 2030"
The global rubber compound market size was valued at USD 8.20 billion in 2023 and is expected to reach a value of USD 14.91 billion by 2030, and is poised to grow at a CAGR 6.9% during the forecast period 2024-2030. The growth of the market is majorly driven by the rising adoption in footwear application.