BROWSE THROUGH OUR TRADE FAIRS FOR RUBBER INDUSTRY
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The rubber industry is among the pivotal, time-honoured and leading sectors in the global market. The diverse applications of its end products (natural and synthetic rubbers) are among the causes of this. These are produced in the form of elastic polymers through diverse chemical processes. Also, procedures such as vulcanization strengthen them. This results in a high stretch ratio, waterproofness, resilience, insulation, and adaptability. This results in applications in diverse industries. Among them are agriculture, aerospace, aviation, chemical, and construction. They also feature defence, medical, printing, textiles, toys, and furniture. Similarly, they include mining, automotive, hardware, tools, manufacturing, electronics, electrical, sports, and energy. It also features links to the petroleum industry. This is because synthetic rubbers are produced from processing their raw materials. As a result, the global rubber industry is among the notable contributors to the worldwide GDP. For instance, it has reached a market size of up to 48 270 000 000 USD in recent years. Also, it is anticipated to continue its growth at a CAGR of 5.1% in the upcoming decade. This is due to the high global product rates generated by more than 166 500 enterprises. They employ more than 1 300 000 specialists globally. Also, they have generated up to 29 600 000 MT (metric tonnes) worldwide. The industry often implements innovations. This is due to the significance of adapting to the latest challenges, trends, and requirements. Frequently, such innovations are presented during trade expos. It includes annual, biannual and triennial events in diverse countries. They attract hundreds of thousands of attendants.