Natural Rubber Market Emerging Trends In Automobile Tires and Other Automotive Parts, Gloves, Conveyor Belts, Footwear, Rubber Pipes

The study of the "Natural Rubber Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026" provides the market size information and market trends along with the factors and parameters impacting it in both short and long term.

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 Free Sample Copy Of This Report @ https://www.marketresearchreports.biz/sample/sample/6913

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 2020, 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 - Segmentation

Based on type, the global natural rubber market can be segmented into ribbed smoked sheets (RSS), concentrated latex, solid block rubber, and others (such as reclaimed rubber & crepe rubber). In terms of application, the natural rubber market can be segmented into automobile tires and other automotive parts, gloves, conveyor belts, footwear, rubber pipes, and others such as general and industrial rubber goods.

Ribbon smoked sheets of natural rubber are generally made from unsmoked rubber sheets. They are categorized into five classes: RSS1, RSS2, RSS3, RSS4, and RSS5 depending on color, elasticity, and purity where RSS1 denotes the best quality of RSS natural rubber and then according to descending order of quality, RSS5 is of least quality. Natural rubber producers collect raw field latex and preserve the latex through centrifugal action and chemicals such as ammonia to produce concentrated latex having a 60.0% dry rubber content.

In terms of geography, the global natural rubber market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is expected to be a prominent market for natural rubber during the forecast period. The U.S. is expected to lead the natural rubber market in North America from 2018 to 2026, followed by Canada. Europe is a significant market for natural rubber. Germany is expected to be a leading natural rubber market in the region in the next few years. The U.K. and France are other significant markets in Europe. Asia Pacific is expected to be the largest natural rubber market in the world. China is expected to be a leading market for natural rubber in the region. Japan, South Korea, and India are other major natural rubber markets in Asia Pacific. In terms of production, Southeast Asian countries such as Indonesia, Malaysia, Vietnam, and Thailand are major rubber producing countries in Asia Pacific. Middle East & Africa is a significant market for natural rubber, with GCC dominating the market in the region. South Africa is another significant market for natural rubber in Middle East & Africa. Brazil is expected to dominate the natural rubber market in South America during the forecast period. Argentina is another significant market for natural rubber in South America.

Request For TOC @ https://www.marketresearchreports.biz/sample/toc/6913

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.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies

The main aim of the report is to:

Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.

About Us

MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

Contact Us

Mr. Nachiket
State Tower
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-621-2074
Website: http://www.marketresearchreports.biz/
E: sales@marketresearchreports.biz

This release was published on openPR.