Global Rubber Market Growth 2023-2029

Global Rubber Market Growth 2023-2029

Product Code:457136

Published Date: Feb 08,2023

Pages: 121

Region: Global

Category: Chemical & Material

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Natural rubber, also called India rubber or caoutchouc, as initially produced, consists of polymers of the organic compound isoprene, with minor impurities of other organic compounds plus water. Natural rubber is the prototype of all elastomers. The rubber is collected from the latex in a series of steps involving preservation, concentration, coagulation, dewatering, drying, cleaning, and blending. Because of its natural derivation, it is sold in a variety of grades based on purity (color and presence of extraneous matter), viscosity, viscosity stability, oxidation resistance, and rate of cure.

LPI (LP Information)' newest research report, the “Rubber Industry Forecast” looks at past sales and reviews total world Rubber sales in 2022, providing a comprehensive analysis by region and market sector of projected Rubber sales for 2023 through 2029. With Rubber sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Rubber industry.

This Insight Report provides a comprehensive analysis of the global Rubber landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Rubber portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Rubber market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rubber and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Rubber.

The global Rubber market size is projected to grow from US$ 45600 million in 2022 to US$ 79670 million in 2029; it is expected to grow at a CAGR of 79670 from 2023 to 2029.

Global Rubber key players include Von Bundit, Sri Trang Agro-Industry, Southland Holding, Thai Hua Rubber, Vietnam Rubber, etc. Global top five manufacturers hold a share over 20%. China is the largest market, with a share over 30%, followed by Europe and USA, both have a share over 20% percent. 
In terms of product, Technically Specified Rubber (TSR) is the largest segment, with a share over 40%. And in terms of application, the largest application is Automotive, followed by Medical and Industrial.

This report presents a comprehensive overview, market shares, and growth opportunities of Rubber market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Natural Rubber
    Synthetic Rubber

Segmentation by application
    Automotive
    Medical
    Industrial
    Consumer Goods

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Von Bundit
    Sri Trang Agro-Industry
    Southland Holding
    Thai Hua Rubber
    Vietnam Rubber
    Tradewinds Plantation Berhad
    Tong Thai Rubber
    Thai Rubber Latex
    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
    Indonesia Hainan Rubber Industry
    Yunnan State Farms
    Guangdong Guangken Rubber
    Yunnan Gaoshen Rubber

Key Questions Addressed in this Report
What is the 10-year outlook for the global Rubber market?
What factors are driving Rubber market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Rubber market opportunities vary by end market size?
How does Rubber break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?