The global demand for Natural Rubber Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Natural Rubber is an elastic substance extracted from the latex sap of trees. It is also called India rubber, gum flexible, or caoutchouc. Latex is purified to create rubber that is ready for industrial use. The process of tapping is typically used to obtain latex from trees in the hevea and ficus genera. Natural rubber is a highly elastic hydrocarbon polymer known as an elastomer. The most typical applications for natural rubber manufacturing are tires, crap tubes, adhesives, roll covers, hoses, and gaskets. Natural rubber is perfect for various other applications because it has high resilience, good tensile strength, tear resistance, and good flexing characteristics at low temperatures.
Market Dynamics
The amount of natural rubber utilized in the automobile industry has increased due to technical improvements along with the overall growth in the demand for automobiles, together are driving the growth of this market. An increase in the manufacturing of vehicles, building activities, the strong demand for footwear, and the manufacture of planes are propelling the market for natural rubber. Various final products, including clothing, pacifiers, toys, beds, industrial components, medical equipment, surgical gloves, and car tires, are all made using natural rubber as a primary raw material, fostering the natural rubber market. The growing use of synthetic rubber and the harmful effect of natural rubber may hamper the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of natural rubber. The growth and trends of natural rubber industry provide a holistic approach to this study.
Market Segmentation
This section of the natural rubber market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Ribbed Smoked Sheet (RSS)
- Technically Specified Rubber (TSR)
- Latex
- Others
By Application
- Automotive (Non-Tire Applications)
- Medical
- Industrial
- Consumer Goods
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Natural Rubber market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Natural Rubber Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the natural rubber market include Von Bundit, Sri Trang Agro-Industry, Southland Holding, Thai Hua Rubber, Vietnam Rubber Group, Tradewinds Plantation Berhad, Tong Thai Rubber Group, Thai Rubber Latex Corporation, Ravasco, Halcyon Agri, Feltex, Unitex Rubber, Indolatex Jaya Abadi, Kurian Abraham, Hevea-Tec, KLPK, Bakrie Sumatera Plantations, Kuala Lumpur Kepong Berhad, C.W. Mackie, Enghuat Industries, Basil Rubber Factory, Edathala Polymers, Kavanar Latex, Paesukchuen Rubber, Ba Phuc Rubber, Sinochem International Corporation, China Hainan Rubber Industry Group, Yunnan State Farms Group, Guangdong Guangken Rubber Group, Yunnan Gaoshen Rubber, Getah Indus. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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