The global industrial rubber market is projected to grow from USD 11.48 billion in 2025 to USD 14.90 billion by 2030, at a CAGR of 5.4% during the forecast period.
Industrial rubber plays a critical role across numerous sectors, serving as a versatile material known for its durability, flexibility, and resistance to abrasion, chemicals, and extreme temperatures. It is primarily categorized into two types: natural rubber and synthetic rubber. Natural rubber, derived from latex found in rubber trees, offers excellent elasticity and tensile strength, making it ideal for products like hoses, belts, and seals. Synthetic rubber, produced from petroleum-based monomers, includes variants such as styrene-butadiene rubber (SBR), nitrile rubber (NBR), ethylene propylene diene monomer (EPDM), and silicone rubber. Each type caters to specific industrial needs—for instance, NBR is favored in the automotive industry for fuel and oil-resistant applications, while EPDM is used in construction due to its weather resistance. The growth of the industrial rubber market is primarily driven by rising demand from the automotive, construction, and manufacturing sectors. Increasing vehicle production, infrastructure development, and the expansion of industrial machinery usage, particularly in emerging economies, are fueling market expansion. Additionally, the push for more sustainable and high-performance materials is encouraging innovation in rubber formulations and processing technologies.
Exxon Mobil Corporation (US), Dynasol Group (Spain), Synthos (Poland), ARLANXEO (Netherlands), and SIBUR International GmbH (Russia) are the major players in this market. These players have adopted the strategies of product launches, acquisitions, agreements, and expansions to increase their market share.
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Exxon Mobil Corporation (US)
Exxon Mobil Corporation is one of the largest chemical manufacturing companies in the world. Exxon Mobil Corporation, through its divisions and affiliated companies, markets products in the US and other countries. Its primary business activities include the exploration and production of crude oil and natural gas, manufacturing, trading, transporting, and selling crude oil, natural gas, petroleum products, petrochemicals, and various specialty products. The company also emphasizes emerging opportunities for lower emissions, including carbon capture and storage, hydrogen, and alternative fuels. Its specialties encompass branched alcohols, higher olefins, butyl, EPDM rubber, neo acids, plasticizers, polyethylene, polymer modifiers, polypropylene, solvents, tackifiers, and catalysts. The company operates through four major business segments, including Upstream, Energy Products, Chemical Products, and Specialty Products. The company has a regional presence in North America, South America, Asia Pacific, Europe, and the Middle East.
Dynasol Group (Spain)
Dynasol Group is one of the leaders in the production of synthetic rubber and chemicals, with over 55 years of experience in the synthetic rubber market. The company was formed as a joint venture between Repsol and KUO Group. It provides products in three major categories: Solution, Emulsion, and Chemical. The company offers a diverse portfolio of 117 products sold in over 70 countries, including SBS, SEBS, SSBR, BR, Hot SBR, ESBR, NBR, and various chemical products used across multiple industries. Dynasol’s products support a range of applications in the tire, industrial, friction, adhesive, footwear, chewing gum, and retread sectors, positioning the group as a major global player in the synthetic rubber and rubber chemicals industry. The company has a regional presence in North America, South America, Europe, the Middle East, Africa, and the Asia Pacific.
Synthos (Poland)
Synthos is a chemical company that manufactures and supplies a broad range of products, including synthetic rubber, styrenics, crop protection solutions, and dispersions and latexes. Its products are used across various industries such as automotive, construction, packaging and printing, paints and coatings, furniture and wood, paper, mattresses and carpets, agriculture, and energy. With production facilities located in Poland, the Czech Republic, the Netherlands, Germany, and France, Synthos delivers its solutions to customers worldwide, supporting diverse industrial applications through innovative chemical technologies. These production facilities have a combined annual production capacity of 760,000 metric tons. These plants produce a broad portfolio of high-quality, versatile elastomers used throughout the tire industry and in other technical applications, including SSBR (SPRINTAN), BR (SYNTECA), ESBR (KER and BUNA), and HSR (KER).
ARLANXEO (Netherlands)
ARLANXEO is a global manufacturing company specializing in the production of high-performance synthetic rubber. It is a wholly owned subsidiary of Saudi Aramco. The company operates 11 production sites across eight countries, including facilities in Germany, France, China, Brazil, Canada, and the US. The company serves a diverse range of industries, such as automotive, tire, construction, oil and gas, electrical, and consumer goods, providing tailored elastomer solutions to meet various application needs. The company offers a wide array of synthetic rubber products, specifically for industrial rubber applications, encompassing synthetic rubber, which is primarily provided by the Industrial Goods and Tires segments. The company has a presence across Europe, Asia, and North and South America.
SIBUR International GmbH (Russia)
SIBUR is an integrated petrochemical company based in Russia. The company serves various industries such as automotive, construction, consumer goods, healthcare, food, energy, and chemicals. It generates 42% of its sales by exporting its products to around 80 countries. It has four major business segments: hydrocarbon feedstock, synthetic rubber, plastic and organic synthesis, and basic polymer and BOPP films. The company manufactures different rubbers under the synthetic rubber segment. The company generated a revenue of USD 12.88 billion in 2023. It has a presence in Europe, North America, and the Asia Pacific.
Market Ranking
In the global industrial rubber market, companies are ranked based on revenue, production capacity, technological innovation, and market presence. Leading players such as Exxon Mobil Corporation (US), Dynasol Group (Spain), Synthos (Poland), ARLANXEO (Netherlands), and SIBUR International GmbH (Russia) are playing a crucial role in the global supply, accounting for a significant share of total industrial rubber production and exports. Key players continually invest in capacity expansions and strategic alliances to strengthen their market position. Strategic agreements, partnerships, product launches, joint ventures, and R&D investments are key competitive forces shaping the market, as companies aim to enhance scalability, manufacturing efficiency, and cost-effectiveness in response to increasing demand in the chemical sector and global sustainability regulations.
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Industrial Rubber Market by Application (Automotive, Building & Construction, Industrial Manufacturing, Polymer Modification, Wire & Cable, Electrical & Electronics), Type, Product, End-use Product Processing, and Region - Global Forecast to 2030
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