LEATHERHEAD, England—The global market for elastomers is expected to reach more than 28.1 million metric in 2012, and should grow by 18.5 percent to 33.3 million tons in 2017, according to a new study by Smithers Rapra.
Natural rubber represents 39 percent of the total global elastomer consumption in 2012, and will continue to dominate the market, although it will decline to 38.1 percent in 2017, Smithers Rapra said.
The report said that despite advances in the development of synthetic elastomers, NR remains irreplaceable and will continue to be so in the future.
For further information about the study—titled "Emerging Markets for Elastomers to 2017—email Bill Allen [email protected]