IRSG forecasts that the growth rate of global demand for rubber raw materials will decrease slightly in 2019 compared with the previous year. The demand for natural rubber and synthetic rubber is expected to increase by 2.6% and 2.4% respectively.
In 2018, demand for natural rubber increased by 4.9%, to 13.9 million tons, and demand for synthetic rubber increased by 1.7%, to 15.4 million tons.