Market movement
In 2024, rubber: vulcanised (other than hard rubber), tubing, piping and hoses, reinforced or otherwise combined with materials other than metal or textiles, with fittings trade exhibited modest growth, with global flows reaching $1,828,671,367 and a three-year compound annual growth rate of +3.8% (five-year: +2.8%). The all-time peak of $1,828,671,367 was recorded in 2024.
Over the 30-year observation window (1995–2024), 72% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is strengthening (+3.1% acceleration).
