Global Rubber Molding Market is Being Shaped by Heightened Demand rising from the Automotive and Construction Sectors | Future Market Insights, Inc. [Yahoo! Finance]
CONTL AG S/ADR (CTTAY)
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Source: Yahoo! Finance
South Korea and Japan are emerging as frontrunners, showcasing impressive growth rates. Dive deeper into Future Market Insights' study to explore the factors driving this market's expansion and its future potential. NEWARK, Del. March 4, 2024 /PRNewswire/ -- The global rubber molding market is expected to experience significant growth, rising from US$ 54.2 billion in 2024 to US$ 109.3 billion by 2034 , with a 7.3% CAGR through 2034. The market's expansion is also fueled by continuous advancements in rubber material technologies, stringent regulatory standards, and an emphasis on energy efficiency. Challenges such as volatile raw material prices, competition from low-cost producers, and environmental concerns pose potential obstacles. Download the Sample PDF report to explore key market insights and trends: https://www.futuremarketinsights.com/reports/sample/rep-gb-19160 South Korea is emerging as a strong player in the rubber molding market, with a robust CAGR of 9.0% projected
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