Natural Rubber Market – Overview
Natural rubber, also known as India rubber, is produced from raw rubber or latex which is obtained from rubber trees. Raw rubber or latex is a sticky, milky fluid obtained by making incisions on the bark of a rubber tree. The latex is then purified to make rubber ready for commercial applications.
Across the world, due to rise in middle class population and increasing disposable income there is an increasing demand for automobiles. Rising automobile production is increasing the demand for car tires which is subsequently increasing the demand for natural rubber.
Get sample copy of at: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=51597
Natural Rubber Market – Drivers and Restraints
According to global natural rubber producer, Sri Trang Agro-Industry Public Company Ltd., from 2010 till 2016, the global demand for gloves has risen at a CAGR of 5.0%. The company estimates that from 2017 till 2024, the global demand for gloves is set to increase at a CAGR of 17.5% per annum. Thus, rising demand for gloves across the world is increasing the demand for natural rubber.
In terms of per capita gloves consumption, the U.S., Europe, and Japan are 150, 100 and 76 pieces respectively. But, per capita gloves consumption is very low in the Asia Pacific region such as India and China has a per capita glove consumption of 8 and 6 pieces respectively. This presents a huge opportunity for natural rubber producers to further increase the penetration of gloves in India, China, and other Asia Pacific countries.
Natural Rubber Market – Key Players
Major companies operating in the global natural rubber market are Sri Trang Agro-Industry Public Company Ltd, Thai Rubber Latex Corporation (Thailand) Public Company Ltd., Thai Hua Rubber Public Company Ltd., Von Bundit Co., Ltd., Southland Rubber Co., Ltd., Sinochem Group Co., Ltd., Apcotex Industries Ltd., Yunnan State Farms Group Co., Ltd., Firestone Natural Rubber Company, and Num Rubber & Latex Co.,Ltd.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Have any query? Inquiry about report at: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=51597
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
Contact:
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
Email: [email protected]
Website: https://www.transparencymarketresearch.com
