Global market for elastomers estimated to grow at CAGR of 18.5% to 33.3 mln

摘要

THE global market for elastomers is expected to be more than 28.1 mln tons in 2012, and is estimated to grow by a CAGR of 18.5% to reach 33.3 mln tons in 2017, according to a new study by Smithers Rapra. The elastomers market consists primarily of natural rubber (NR) and a collection of various synthetic elastomers. NR occupied 39% of the total global elastomer consumption in 2012 and will continue to dominate the market, although it will slightly decline to 38.1% in 2017.