Natural Rubber Market

Report Highlights

The scope of this report is broad and covers different types of natural rubber, along with the applications, and major countries. The market is broken down by types of natural rubber, applications and regional markets. Revenue forecasts from 2019 to 2025 are given for each major type of natural rubber, application, and regional market, and the estimated values are derived from the manufacturers’ total revenues.

The report also includes a discussion of the major players across each of the regional natural rubber markets; it explains the major market drivers of the global natural rubber industry, current trends within the industry, major applications and the regional dynamics of the global natural rubber market.

The report concludes with a special focus on the vendor landscape, which includes detailed profiles of the major vendors in the global natural rubber industry.

Report Includes

• 62 tables
• An up-to-date analysis of the global natural rubber market.
• Analyses of the global market trends, with data from 2019, 2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2026.
• Estimation of market size and revenue forecast for global natural rubber market, and corresponding market share analysis by type, application, and region for each market segment.
• Highlights of emerging technology trends, gaps and opportunities in the market estimating current and future demand for natural rubber, identification of the companies that are best positioned to meet this demand.
• In-depth information (facts and figures) concerning market drivers, restraints and other forces affecting the progress of this market.
• Identification of new products and products still in the development and their probability of successful commercial launch within the next five years
• Impact of COVID-19 on the natural rubber market as compared to overall global economy.
• Insight into the growth development strategies of major natural rubber manufacturers and their key competitive landscape
• Descriptive company profiles of the leading market participants, including Bridgestone, Sinochem Group, Michelin, Sri Trang Agro-Indusry, Halcyon Agri, Von Bundit, Southland Rubber, Apcotex Industries Ltd., Firestone Natural Rubber Company, and Thaitex, among others.

Summary

The global natural rubber market will grow from over $28.7 billion in 2019 to $34 billion by 2027 at a five-year CAGR of 2.1%. The market for natural rubber is expected to grow, mainly due to an increase in demand for automotive products, gloves, and footwear.

Based on the type, the natural rubber is sub-segmented into RSS grade, latex concentrate, solid block. In 2020, the RSS grade captured the largest share mainly due to high demand from the tires segment.

Natural Rubber finds major applications in automobiles, gloves, footwear, belting & hose, and others. In 2020, automotive sectors captured the largest share in the global natural rubber market.