Polyacrylate Rubber Market size was valued at USD 8.43 billion in 2024 and is likely to cross USD 26.47 billion by 2037, expanding at more than 9.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of polyacrylate rubber is assessed at USD 9.09 billion.
The global market is primarily driven by the growth of the automotive industry and increasing demand for automobiles due to lifestyle changes. This acrylic rubber is primarily used in the automotive industry to add strength to seals and packages. The growing need for oil-resistant materials has also led to the introduction of these rubbers in vehicle seals. In 2022, global car sales increased to approximately 67.2 million cars, up from about 66.7 million in 2021.
Industrialization in several sectors for diverse uses has led to an increase in demand for rubber. As the world's urban population grows, rubber consumption is exploding. In the automotive industry, most of the artificial rubber is used. Its use in electronic devices and components for various devices and industries is also increasing.
Author Credits: Rajrani Baghel
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