https://www.linkedin.com/pulse/synthetic-rubber-market-insights-size-trends-industry-mangesh-kadam-chjdc/ Environmental Concerns Driving Innovation: Growing concerns about environmental degradation have spurred the demand for environmentally friendly products, particularly in the automotive industry. The stringent regulations in Europe and North America, such as Euro VI and CAFE, have propelled tire manufacturers to focus on green and high-performance tires. This shift has not only increased customer awareness but also opened avenues for innovation, with companies like LANXESS developing environmentally friendly rubber, driving market growth. Environmental Regulations as a Constraint: However, the synthetic rubber industry faces challenges due to strict environmental regulations. Hazardous air pollutants (HAP) emissions from rubber processing, tire manufacturing, and sealant production have led to limitations on synthetic rubber production. Adherence to regulations, such as the designation of butadiene as a hazardous material under the Canadian Environmental Protection Act of 1999, is expected to impede market growth.