Global Rubber Market Size & Outlook, 2025-2030
The global rubber market size was estimated at USD 48,776.2 million in 2024 and is projected to reach USD 65,647.3 million by 2030, growing at a CAGR of 5.3% from 2025 to 2030.
Revenue, 2024 (US$M)
$48,776.2
Forecast, 2030 (US$M)
$65,647.3
CAGR, 2025 - 2030
5.3%
Report Coverage
Worldwide
Global rubber market, 2018-2030 (US$M)
Related Markets
Global rubber market highlights
- The global rubber market generated a revenue of USD 48,776.2 million in 2024 and is expected to reach USD 65,647.3 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 5.1% by 2030.
- In terms of segment, synthetic accounted for a revenue of USD 28,275.5 million in 2024.
- Natural is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, UK is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 48,776.2 million |
| Market revenue in 2030 | USD 65,647.3 million |
| Growth rate | 5.1% (CAGR from 2025 to 2030) |
| Largest segment | Synthetic |
| Fastest growing segment | Natural |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Natural, Synthetic |
Other key industry trends
- In terms of revenue, the North America accounted for 21.2% of the global rubber market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 2,676.3 million by 2030.
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Rubber Market Scope
Rubber market segmentation & scope
Others
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Rubber Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Vietnam Rubber Group | View profile | 251-500 | Ho Chi Minh City, NA - Vietnam, Vietnam, Asia | http://www.vnrubbergroup.com |
| The Goodyear Tire & Rubber | View profile | 10001+ | Akron, Ohio, United States, North America | http://www.goodyear.com |
| Denka Co Ltd | View profile | 7542 | Nihonbashi Mitsui Tower, 1-1, Nihonbashi-Muromachi, 2-Chome Chuo-ku, Tokyo, Japan, 103-8338 | http://www.denka.co.jp |
| Kumho Petrochemical | View profile | 1001-5000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.kkpc.com/ |
| JSR Corp | View profile | 7994 | 1-9-2 Higashi-Shimbashi, Shiodome Sumitomo Building, 22nd Floor, Minato-ku, Tokyo, Japan, 105-8640 | http://www.jsr.co.jp |
| Sinopec Oilfield Service Corp Class H | View profile | 63392 | No. 9 Jishikou Road, Changyang District, Beijing, China, People's Republic of, 100728 | https://ssc.sinopec.com |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
| Exxon Mobil Corp | View profile | 61500 | 22777 Springwoods Village Parkway, Spring, TX, United States, 77389-1425 | https://www.exxonmobil.com |
| Asahi Kasei Corp | View profile | 48897 | 1-105 Kanda Jinbocho, Chiyoda-ku, Tokyo, Japan, 101-8101 | http://www.asahi-kasei.co.jp |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
Global rubber market size, by regions, 2018-2030 (US$M)
Top 10 countries: Rubber market size, 2024 (US$M)
Global rubber market share, by type, 2024 & 2030 (%, US$M)
Rubber market: Opportunity assessment by country
Global rubber market, by region, 2024 (US$M)
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