Rubber Market Overview and Analysis: The global rubber market size was valued at USD 52.12 billion in 2023 and is a compound annual growth rate (CAGR) of 6.08% from 2024 to 2031. Rubber is a natural or synthetic elastic material characterized by its ability to undergo significant deformation under stress and return to its original shape when the stress is removed. It has various applications due to its unique properties, including elasticity, resilience, insulating capabilities, and water resistance. Derived from the latex sap of certain plants, most notably the rubber tree (Hevea brasiliensis), natural rubber consists mainly of polymers of isoprene get more info @ https://www.datalibraryresearch.com/market-analysis/rubber-market-5094