Synthetic rubber market forecast at $45.7 billion by 2027

Synthetic rubber finds widespread usage as a commodity material, which substitutes natural rubber, for instance, in the production of pneumatic tires, which specifically uses E-SBR. Further uses include gaskets and shoe soles, among others. Synthetic rubber also finds usage in building & construction applications, as a binding and sealing agent as an alternate to PVA. In these applications, it provides reduced shrinkage, better durability, and increased flexibility, along with being resistant to emulsification in humid conditions. Moreover, synthetic rubber is utilized to tank damp surfaces or rooms, where it is painted onto the whole surface, forming a seamless, continuous, damp-proof liner, such as in basements.

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