Graph and download economic data for Producer Price Index by Commodity: Rubber and Plastic Products: Synthetic Rubber, Including Styrene-Butadiene Rubber (SBR) and Ethylene Propylene (WPU07110224) from Jun 2003 to May 2025 about synthetic, rubber, plastics, commodities, PPI, inflation, price index, indexes, price, and USA.

Get the latest insights on price movement and trend analysis of Synthetic Rubber in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

The producer price index (PPI) of synthetic rubber (including styrene-butadiene rubber and ethylene propylene) in the United States in 2023 amounted to 181.7. That was a decrease of 18.6 index pints compared to the previous year.

Rubber fell to 163.90 USD Cents / Kg on July 4, 2025, down 0.85% from the previous day. Over the past month, Rubber's price has risen 2.44%, and is up 0.24% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Rubber - values, historical data, forecasts and news - updated on July of 2025.

As of April 2025, the average monthly global price of rubber was 2.13 U.S. dollars per kilogram. The average annual price of natural rubber at the Singapore Commodity Exchange in 2024 was 2.28 U.S. dollars per kilogram. Rubber as a commodity: many end uses Rubber is a widely used material, in both naturally and synthetically sourced forms. Companies use it in the manufacturing of tires and tubes, rubber gloves, latex condoms, erasers, in adhesives and coatings, nozzles, as elastic material in clothing, and more. Accordingly, rubber is an important commodity due to its numerous uses in everyday items.   Rubber prices and rubber producers As with other internationally traded commodities that have relatively low market prices, low rubber prices have a negative impact on the rubber producers themselves. The resulting issues of poverty for natural rubber producers has led to the creation of the Fair Rubber Association (FRA), a multi-stakeholder association that aims to improve the lives and working conditions of the primary producers by utilizing Fair Trade principles.

Graph and download economic data for Producer Price Index by Industry: Synthetic Rubber Manufacturing (PCU325212325212) from Jan 1965 to May 2025 about synthetic, rubber, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

The average price of rubber at the Singapore Commodity Exchange (SICOM) in 2024 was **** U.S. dollars per kilogram. Between 2010 and 2024, the average price of rubber reached a high in 2011 of **** U.S. dollars per kilogram. In 2024, the highest monthly price of rubber was in September, at **** U.S. dollars per kilogram.
Rubber prices and producers worldwide Global rubber prices have experienced significant fluctuations in the 21st century, peaking in 2011 due to a higher demand from emerging markets, and supply constraints. These prices gradually recovered due to an increase in rubber tree cultivation and a slowdown in global demand. The increase in synthetic rubber production in China and the United States over the last two decades has similarly helped facilitate the stabilization of the global price of natural rubber through a supply increase. In 2023, Thailand was the largest natural rubber exporter in the world, with an export value totaling *** billion U.S. dollars. This accounted for roughly ** percent of the global value of natural rubber exports in 2023. The second-largest exporter in 2023 was Indonesia, which exported *** billion U.S. dollars of natural rubber.

Supply constraints of rubber Accounting for about half of global rubber production, natural rubber is an agricultural product produced from rubber trees in Southeast Asia, home to the most natural rubber exporting countries worldwide. Being an agricultural product, the trees take numerous years to mature before being harvested, a process dependent on climate and weather conditions.
The amount of replanted rubber trees in Thailand, the largest exporter of natural rubber, has decreased year-on-year since 2019 due to a slowdown in global demand. However, land-use for natural rubber harvest area is forecast to increase globally year-over-year, reaching a maximum additional *** million hectares in 2030.

The Vietnamese synthetic rubber market stood at $758M in 2024, rising by 5.4% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $948M in 2013; however, from 2014 to 2024, consumption failed to regain momentum.

Euro Area - Producer prices in industry: Manufacture of synthetic rubber in primary forms was 118.80 points in April of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Euro Area - Producer prices in industry: Manufacture of synthetic rubber in primary forms - last updated from the EUROSTAT on July of 2025. Historically, Euro Area - Producer prices in industry: Manufacture of synthetic rubber in primary forms reached a record high of 134.00 points in October of 2022 and a record low of 55.50 points in April of 2002.

In February 2023, the price of synthetic rubber was recorded at $2,802 per ton (FOB, US) which was a decrease of -4.4% compared to the preceding month.

European Union - Producer prices in industry: Manufacture of synthetic rubber in primary forms was 135.30 points in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Producer prices in industry: Manufacture of synthetic rubber in primary forms - last updated from the EUROSTAT on July of 2025. Historically, European Union - Producer prices in industry: Manufacture of synthetic rubber in primary forms reached a record high of 147.00 points in October of 2022 and a record low of 74.70 points in January of 2005.

China Synthetic Rubber: Selling and Distribution Cost: Year to Date data was reported at 1.689 RMB bn in Oct 2015. This records an increase from the previous number of 1.518 RMB bn for Sep 2015. China Synthetic Rubber: Selling and Distribution Cost: Year to Date data is updated monthly, averaging 0.657 RMB bn from Dec 2004 (Median) to Oct 2015, with 96 observations. The data reached an all-time high of 2.067 RMB bn in Dec 2014 and a record low of 0.069 RMB bn in Feb 2006. China Synthetic Rubber: Selling and Distribution Cost: Year to Date data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BHN: Synthetic Material: Synthetic Rubber.

This material is part of the free Environmental Performance in Construction (EPiC) Database. The EPiC Database contains embodied environmental flow coefficients for 250+ construction materials using a comprehensive hybrid life cycle inventory approach.Rubber is a highly elastic polymer (elastomer) that can be obtained naturally, or produced synthetically using oil-based production methods. It has a high tensile strength, resistance to fatigue and tearing, abrasion resistance and a high resilience/ability to return to its original shape and size. In addition to this, it has good insulative qualities and adheres well to itself and other materials.There are many different types of synthetic rubber. Most are synthesised from petroleum by-products. Some are produced with distinctive properties or qualities for specific products. In comparison with natural rubber, synthetic rubber is generally tolerant to a broader range of temperatures, is resistant to oil and grease, and ages well against weathering. Natural rubber is favoured for its high performance and low cost, which is not directly tied to the price of petroleum.

China Synthetic Rubber: YoY: Selling and Distribution Cost: Year to Date data was reported at 2.884 % in Oct 2015. This records a decrease from the previous number of 3.718 % for Sep 2015. China Synthetic Rubber: YoY: Selling and Distribution Cost: Year to Date data is updated monthly, averaging 16.650 % from Jan 2006 (Median) to Oct 2015, with 89 observations. The data reached an all-time high of 90.580 % in Nov 2006 and a record low of -2.380 % in Feb 2009. China Synthetic Rubber: YoY: Selling and Distribution Cost: Year to Date data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BHN: Synthetic Material: Synthetic Rubber.

Forecast: Synthetic Rubber Labour Cost Per Employee FTE in Germany 2023 - 2027 Discover more data with ReportLinker!

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Liquid Synthetic Rubber Market Size 2024-2028

The liquid synthetic rubber market size is estimated to increase by USD 5.39 billion, at a CAGR of 4.36% between 2023 and 2028. Market growth in the rubber industry hinges on heightened demand from the tire sector, rapid industrialization in emerging markets, and rising requirements from the medical and healthcare sectors. Challenges facing the market include the revival of the natural rubber industry, strict regulations governing rubber product manufacturing, and price instability of essential raw materials. These factors collectively shape the landscape for rubber products, influencing production dynamics and market strategies in a globally interconnected economy. As the industry navigates these challenges, innovative approaches in manufacturing and supply chain management will be crucial to sustain growth and meet evolving market demands across diverse sectors.

What will be the size of the Market During the Forecast Period?

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What is the Largest-Growing Segments in the Market?

The tyre segment is estimated to witness significant growth during the forecast period. Liquid synthetic variant is widely used in tire production around the world. It is used in high-performance applications for the bicycle and motorcycle tire industry. Tires manufactured with strict safety requirements provide precision and controllability in various weather and surface conditions, leading manufacturers to use them as their base material in tire production.

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The tyre segment was the largest segment and valued at USD 10.22 billion in 2018. The increase in demand for high-performance tires has raised the demand for liquid styrene-butadiene, a product variant. The demand for a greener world and increasing consumer awareness about it has driven the consumption of high-performance tires. Considering the large amount used in the manufacture of tires and tire-related products, the market relies on the automotive industry and the tire sector for growth. Hence, the growing adoption from the auto industry is expected to drive the growth of the tyre segment of the market during the forecast period.

Which are the Key Regions for the Market?

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APAC is estimated to contribute 51% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. In APAC, countries such as South Korea, Japan, China, and India are the key contributing countries in terms of revenue. Infrastructure and construction development in the region and China's emergence as a global manufacturing hub are the factors driving consumption in the region.

Furthermore, the demand is expected to increase mainly as end-user industries from developed countries move their bases to emerging regions of APAC, due to factors such as ease of obtaining land, presence of a cost-effective workforce, strategic location, accessibility, strong power grid, reliable transportation infrastructure, tolerant regulations and standards for chemicals and plastics. Hence, such factors will drive the growth of the market in this region during the forecast period.

Market Dynamics and Customer Landscape

The market is witnessing significant growth due to its wide application in various industries such as the beverage, dairy, and baby food industries. The functionality of liquid synthetic rubber in extending the shelf life of these products and reducing storage costs is a key factor driving market growth. In the beverage industry, it is used as a vegetable concentrate or puree, while in the dairy industry, it is used as a vegetable ingredient in the form of powders or mushroom-based products. The baby food industry also benefits from the use of liquid synthetic rubber due to its wholesome effect on the final product. The market for liquid synthetic rubber is fragmented with both local and international players. The market is expected to grow at a steady pace due to the increasing health benefits associated with the consumption of natural food additives. The hectic schedule of consumers and the rising family disposable incomes are also contributing factors. The vegetable concentrates and purees segment is expected to dominate the market due to their wide application in various food and beverage industries.

Despite the benefits, the high production costs and the availability of alternative additives may limit the market growth to some extent. The market caters to diverse sectors, including food and beverages, focusing on the quality of the product with functional ingredient such as gluten free meals and fruits and vegetables concentrates. Techn

In February 2025, the average synthetic rubber export price amounted to $2,549 per ton, leveling off at the previous month.

As of April 2022, the price per kilogram of rubber at the Tokyo Commodity Exchange in Japan amounted to approximately 124.8 U.S. cents. The price decreased compared to 166.8 cents in April of the previous year.

 Influences on the rubber price in Japan At the beginning of 2020, manufacturing ceased worldwide due to the global COVID-19 pandemic. When production resumed, the demand for raw materials such as rubber increased, and the rubber price rose as well. At the end of 2021 and beginning of 2022 the rubber price peaked due to concerns of a rubber shortage as a result of the pandemic. Other factors that kept rubber prices up were supply chain disruptions and labor shortages in rubber-producing countries due to the pandemic. Furthermore, the demand for rubber increased as rubber products such as rubber gloves were more needed.

Rubber industry in Japan Industrial supplies and vehicle tires represented major products manufactured by the rubber industry. Japan's rubber industry has a strong position in automotive products since it is an important supplier of tires. Bridgestone ranked as the largest rubber company in Japan. In recent years, the Tokyo-based company was one of the largest global rubber tire producers, but it also produced a wide range of other rubber-based products such as rubber belts and hoses.

According to Cognitive Market Research, the global Synthetic Rubber market size will be USD 33524.5 million in 2025. It will expand at a compound annual growth rate (CAGR) of 5.20% from 2025 to 2033.

North America held the major market share for more than 20% of the global revenue with a market size of USD 6704.90 million in 2025 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2025 to 2033.
Europe accounted for a market share of over 19% of the global revenue with a market size of USD 85.46 million.
APAC held a market share of around 50% of the global revenue with a market size of USD 16762.25 million in 2025 and will grow at a compound annual growth rate (CAGR) of 6.3% from 2025 to 2033.
South America has a market share of more than 4% of the global revenue with a market size of USD 1273.93 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2025 to 2033.
Middle East had a market share of around 4% of the global revenue and was estimated at a market size of USD 1340.98 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.8% from 2025 to 2033.
Africa had a market share of around 3.30% of the global revenue and was estimated at a market size of USD 1106.31 million in 2025 and will grow at a compound annual growth rate (CAGR) of 4.8% from 2025 to 2033.
Polybutadiene (BR) Product is the fastest growing segment of the Synthetic Rubber industry

Market Dynamics of Synthetic Rubber Market

Key Drivers for Synthetic Rubber Market

Growing Automotive Industry to Boost Market Growth

The growing automotive industry is a major driver for the synthetic rubber market due to the increasing demand for vehicles globally. Synthetic rubber is widely used in tire manufacturing, an essential component in automobiles. As vehicle production ramps up, especially in emerging markets, the need for durable, high-performance tires boosts synthetic rubber demand. Additionally, synthetic rubber is utilized in other automotive parts such as seals, hoses, and gaskets. The continuous advancements in synthetic rubber formulations, providing better fuel efficiency, weather resistance, and performance, further contribute to its use in automotive applications. As automotive manufacturers focus on sustainability and innovation, the demand for synthetic rubber is expected to grow alongside the evolving automotive industry. For instance, in April 2023, Sinopec announced that it had increased the production capacity of styrene butadiene (SBC) by 170,000 tons per year. This increase was done in manufacturing sites located in Hainan, China. The purpose of the capacity expansion was to establish a presence in China.

https://www.prnewswire.com/ae/news-releases/sinopecs-styrene-butadiene-copolymer-sbc-project-with-170-000-tonsyear-production-capacity-goes-into-operation-301793271.html

Increasing Demand for Footwear and Consumer Goods To Boost Market Growth

The increasing demand for footwear and consumer goods is significantly driving the synthetic rubber market. Synthetic rubber is widely used in the production of shoe soles, insoles, and other footwear components due to its flexibility, durability, and cost-effectiveness. As the global footwear market expands, driven by rising consumer purchasing power and fashion trends, the demand for synthetic rubber grows. Moreover, synthetic rubber is a key material in various consumer goods, such as household items, sporting goods, and electronics, due to its versatility and performance characteristics. With growing consumer demand for these products, the need for synthetic rubber in manufacturing processes continues to rise. This trend supports the market's expansion and drives innovation in rubber formulations to meet evolving consumer preferences.

Restraint Factor for the Synthetic Rubber Market

Volatility in Raw Material Prices Will Limit Market Growth

Volatility in raw material prices is a significant restraint on the synthetic rubber market. Synthetic rubber is primarily derived from petrochemical products like styrene, butadiene, and isoprene, which are highly susceptible to fluctuations in crude oil prices and supply chain disruptions. When raw material costs rise, manufacturers face increased production expenses, which can lead to higher prices for synthetic rubber and its derivatives. This unpredictability can hinder investment in production and create uncertainty for consumers, as...

The Central Asian synthetic rubber market rose remarkably to $373M in 2024, with an increase of 9.3% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $387M in 2022; however, from 2023 to 2024, consumption remained at a lower figure.