North America Rubber Market Size, Share, and COVID-19 Impact Analysis, By Type (Natural and Synthetic), By End User (Automotive, Construction, Industrial, Healthcare, Consumer Goods, and Packaging), and North America Rubber Market Insights, Industry Trend, Forecasts to 2035

North America Rubber Market Insights Forecasts to 2035

• The North America Rubber Market Size Was Estimated at USD 10.28 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of Around 4.93 % from 2025 to 2035
• The North America Rubber Market Size is Expected to Reach USD 17.45 Billion by 2035

According to a Research Report Published by Spherical Insights & Consulting, the North America Rubber Market is Anticipated to reach USD 17.45 Billion by 2035, Growing at a CAGR of 4.93 % from 2025 to 2035. The growth of the automotive industry, rising demand for synthetic and sustainable rubber, technological developments, and growing uses in the consumer and industrial product sectors are all opportunities in the North America rubber market.

Market Overview

The North America rubber market refers to the segment of the economy involving the production, distribution, and consumption of both natural and synthetic rubber in the U.S., Canada, and Mexico. While the North American rubber market encompasses a wide spectrum of rubber products used in the manufacturing, construction, automotive, and healthcare industries, the North American rubber market not only has a considerable the growth of the region's economy, plays an important role in the innovation, development, and employment of the region. The strong expansion of the automobile sector and continuous infrastructure development around the world are major factors in the rise in the demand for rubber products. The expansion of the automobile sector and infrastructure development initiatives are the main drivers of the North America rubber market. The need for rubber in tire manufacture, a major factor of the rubber market's growth, is driven by the expanding automotive industry.

Report Coverage

This research report categorizes the market for North America rubber market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the North America rubber market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the North America rubber market.    

Driving Factors

The rising demand for electric vehicles and the construction of domestic manufacturing facilities by automakers in the U.S. automotive sector are anticipated to propel the growth of the North America rubber market. The product's outstanding qualities, such as its resistance to heat and abrasion, and its use as a valuable raw material in a variety of end-use industries, including consumer goods, automotive, electrical, and industrial, are major factors propelling the expansion of the rubber market. The North America rubber market is expanding rapidly due to the effects of urbanization and economic expansion, rising demand in the automotive and healthcare industries, and ongoing technological advancements in rubber production.   

Restraining Factors

Numerous factors, such as supply chain interruptions that affect the growth and stability of the industry as a whole, environmental regulations, high manufacturing costs, competition from substitute materials, and changes in the price of raw materials, limit the North America rubber market.  

Market Segmentation

The North America rubber market share is classified into type and end user.

• The synthetic segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.

The North America rubber market is segmented by type into natural and synthetic. Among these, the synthetic segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The synthetic rubber is inexpensive and lightweight; it is being utilized more frequently in a number of industries, such as construction, automotive, textiles, medicine, and military. Adhesives, gaskets, hoses, roll covers, pipes, tires, and waste tubes are just a few of the products made from synthetic rubber segment.

• The automotive segment held a largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The North America rubber market is segmented by end user into automotive, construction, industrial, healthcare, consumer goods, and packaging. Among these, the automotive segment held a largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. Demand for rubber is rising due to its unique qualities, which include high tensile strength, vibration dampening, and resistance to abrasion and tear, making it appropriate for use in the production of tires, seals, and other automotive components.  

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the North America rubber market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.  

List of Key Companies

• Bridgestone Americas Inc.
• Michelin North America Inc.
• Goodyear Tire & Rubber Company
• Continental Tire the Americas, LLC
• Parker-Hannifin Corporation
• Cooper Tire & Rubber Company
• Sumitomo Rubber Industries, Ltd.
• Yokohama Tire Corporation
• Gates Industrial Corporation plc
• Others

Key Target Audience 

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at North America, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the North America rubber market based on the below-mentioned segments:

North America Rubber Market, By Type

• Natural
• Synthetic

North America Rubber Market, By End User

• Automotive
• Construction
• Industrial
• Healthcare
• Consumer Goods
• Packaging