According to the latest report by IMARC Group, titled “Natural Rubber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the natural rubber market report. The global natural rubber market is expected to exhibit a CAGR of 3.57% during 2022-2027.
Natural
rubber is an organic elastic hydrocarbon polymer that is obtained from latex.
The latex is traditionally converted into a sheet through careful coagulation
and subsequent milling processes on two roll mills. Some of the numerous
advantages of natural rubber include excellent abrasion resistance and enhanced
tensile and tear strength. As a result, it is extensively used in varied
applications, such as rubber bands, adhesives, battery boxes, and automotive
parts.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Global Natural
Rubber Market Trends:
The
global market is majorly driven by the rising product demand from the
automotive industry. Natural rubber is widely used to manufacture tires, engine
mounts and wiper blades across the globe. Coupled with an enhanced focus on
sustainable development, this is providing an impetus to the market growth. The
market is further driven by the rising construction activities across the globe
that require natural rubber for multiple applications due to its improved tear
resistance, high tensile strength and exceptional vibration dampening
properties. Other factors, including rapid industrialization, and increasing
usage of sustainable technologies, have also created a positive outlook for the
market.
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Global Natural
Rubber Market 2022-2027 Analysis and Segmentation:
Competitive
Landscape:
The competitive landscape
of the market has been studied in the report with the detailed profiles of the
key players operating in the market.
Apcotex Industries Limited, Bridgestone
Corporation, Halcyon Agri Corporation Limited, Michelin, Sinochem Group,
Southland Rubber Company Limited, Sri Trang Agro-Industry Plc, Thai Hua Rubber
Public Company Limited, Thai Rubber Latex Group Public Company Limited and Von
Bundit Co. Ltd.
The report has segmented
the market on the basis on region, disc type, material type and end user.
Breakup
by Type:
·
RSS Grade
·
Latex Concentrate
·
Solid Block Rubber
·
Others
Breakup
by Distribution Channel:
·
Online
·
Offline
Breakup
by Application:
·
Auto-Tire Sector
·
Gloves
·
Footwear
·
Latex Products
·
Conveyor Belts
·
Others
Breakup
by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
·
Middle
East and Africa
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Analyst for Customization and Explore Full Report with TOC & List of
Figure: https://www.imarcgroup.com/natural-rubber-market
Key
highlights of the report:
- Market Performance
(2016-2021)
- Market Outlook (2022-
2027)
- Porter’s Five Forces
Analysis
- Market Drivers and
Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping
of the Competitive Landscape
If you need specific
information that is not currently within the scope of the report, we can
provide it to you as a part of the customization.
If you want latest primary
and secondary data (2022-2027) with Cost Module, Business Strategy,
Distribution Channel, etc. Click request free sample report, published report
will be delivered to you in PDF format via email within 24 to 48 hours of
receiving full payment.
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IMARC Group is a leading
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worldwide. We partner with clients in all sectors and regions to identify their
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biotechnology, advanced materials, pharmaceuticals, food and beverage, travel
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company’s expertise.
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