Charts & StatsSep 2, 2026

Spain Synthetic Rubber Market, Revenue, 2019 - 2028

The market is segmented into Styrene Butadiene Rubber (SBR), Ethylene Propylene Diene Monomer (EPDM), Butyl Rubber, Polyisoprene, Others, Construction, Automotive & Transportation, and Medical (2019-2028)

Author: Wantstats Research TeamSource: Wantstats Repository

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Spain Synthetic Rubber Market, Revenue, 2019 - 2028 — full underlying data
Label	Styrene Butadiene Rubber (SBR)	Ethylene Propylene Diene Monomer (EPDM)	Butyl Rubber	Polyisoprene	Others	Construction	Automotive & Transportation	Medical
2019	144.2 USD Mn	40.8 USD Mn	37.6 USD Mn	26.1 USD Mn	100.9 USD Mn	66.4 USD Mn	240 USD Mn	17 USD Mn
2020	142.4 USD Mn	40.3 USD Mn	36.9 USD Mn	25.5 USD Mn	98.5 USD Mn	65 USD Mn	237.3 USD Mn	16.7 USD Mn
2021	145.4 USD Mn	41 USD Mn	37.5 USD Mn	25.9 USD Mn	99.3 USD Mn	65.8 USD Mn	242.5 USD Mn	16.9 USD Mn
2022	149.1 USD Mn	42 USD Mn	38.3 USD Mn	26.3 USD Mn	100.7 USD Mn	66.9 USD Mn	249 USD Mn	17.2 USD Mn
2023	153.7 USD Mn	43.3 USD Mn	39.3 USD Mn	26.9 USD Mn	102.6 USD Mn	68.4 USD Mn	257 USD Mn	17.6 USD Mn
2024	160.1 USD Mn	45 USD Mn	40.7 USD Mn	27.7 USD Mn	105.5 USD Mn	70.5 USD Mn	267.9 USD Mn	18.3 USD Mn
2025	167.1 USD Mn	46.9 USD Mn	42.3 USD Mn	28.7 USD Mn	108.9 USD Mn	73 USD Mn	280 USD Mn	18.9 USD Mn
2026	175.1 USD Mn	49.1 USD Mn	44.1 USD Mn	29.8 USD Mn	112.6 USD Mn	75.8 USD Mn	293.6 USD Mn	19.7 USD Mn
2027	184.7 USD Mn	51.7 USD Mn	46.3 USD Mn	31.2 USD Mn	117.4 USD Mn	79.2 USD Mn	310.1 USD Mn	20.7 USD Mn
2028	195.2 USD Mn	54.6 USD Mn	48.7 USD Mn	32.7 USD Mn	122.6 USD Mn	83 USD Mn	328.1 USD Mn	21.7 USD Mn

Data Source: Wantstats Repository

Growth Outlook

The 2028 portion of the Spain Synthetic Rubber Market, Revenue, 2019 market is on a steady long-term growth path. Segment value stands at roughly USD 800 Mn in 2026 and is projected to reach USD 887 Mn by 2028 — a gain of about 11% over the forecast period, translating to a CAGR in the mid-single digits.
The demand for synthetic rubber in Spain has witnessed a significant surge in recent years. This can be attributed to various factors such as the growing automotive industry, increasing demand for tire replacement, and rising awareness about the benefits of synthetic rubber over natural rubber.
What the regional split looks like (2026): Automotive & Transportation leads, holding roughly 37% of segment value — the single largest regional share. Styrene Butadiene Rubber (SBR) is the second-largest contributor. Others, Construction, Ethylene Propylene Diene Monomer (EPDM), Butyl Rubber, Polyisoprene and Medical make up the remainder, in descending order.
By 2028, Automotive & Transportation alone is expected to reach USD 328 Mn, with Styrene Butadiene Rubber (SBR) at USD 195 Mn.

Market Dynamics

The demand for synthetic rubber in Spain has witnessed a significant surge in recent years. This can be attributed to various factors such as the growing automotive industry, increasing demand for tire replacement, and rising awareness about the benefits of synthetic rubber over natural rubber. According to a report by the Statista, the revenue generated by the synthetic rubber market in Spain was USD 2.27 billion in 2019 and is expected to reach USD 3.08 billion by 2028. The automotive industry has been the primary driving force behind the growth of the synthetic rubber market in Spain. With Spain being one of the largest automobile manufacturing countries in Europe, the demand for synthetic rubber used in the production of tires, belts, tubes, and other automotive components has been on the rise. The increasing production of vehicles in the country has directly translated into higher demand for synthetic rubber, which is used in the manufacturing of both passenger and commercial vehicles. Moreover, the demand for replacement tires in Spain has also contributed significantly to the growth of the synthetic rubber market.

As per a report by the Spanish Association of Tire Retreaders, the demand for replacement tires in Spain has been steadily increasing in the last few years. With synthetic rubber being a key component in the production of tires, the growth in demand for replacement tires has positively impacted the overall demand for synthetic rubber in the country. Another factor driving the demand for synthetic rubber in Spain is the growing environmental awareness. Synthetic rubber is considered to be more eco-friendly compared to natural rubber as it does not require cutting down of trees for its production. This has led to a shift towards the usage of synthetic rubber, not just in the automotive industry, but also in other industries such as construction, healthcare, and consumer goods. In conclusion, the demand for synthetic rubber in Spain is expected to continue its growth trajectory in the coming years, driven by the automotive industry, replacement tire market, and increasing environmental consciousness. The market presents lucrative opportunities for manufacturers, suppliers, and other key stakeholders, and with the right strategies in place, it has the potential to witness significant growth and development in the years to come.

Research Methodology

Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2024.

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