Press release
Rubber Market to Reach USD 73.42 Bn by 2029, emerging at a CAGR of 6 percent and forecast 2023-2029
Rubber Market Report Scope:This comprehensive report navigates the expansive landscape of the rubber market, exploring its drivers, restraints, and regional insights. It also illuminates the research methodology employed to gather and analyze valuable data.
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Rubber Market Research Methodology:
The findings presented in this report are the result of rigorous research and analysis conducted by industry experts, involving data collection, surveys, and market assessments.
What are Rubber Market Dynamics:
Rubber is widely employed in a variety of industries, including automotive, construction, and consumer goods. As a result, demand for rubber is inextricably linked to the overall health of the world economy. Economic expansion often increases demand for rubber, however economic downturns can decrease demand. Natural rubber production is extremely dependent on meteorological conditions, with severe rainfall, droughts, and extreme temperatures influencing crop yield and quality. Changes in the availability and cost of these materials and this alternative are projected to enhance the Rubber Market growth.
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Rubber Market Regional Insights:
In 2022, the Asia Pacific region emerged as the dominant force in the Rubber Market, a trend expected to continue in the forecast period. An astonishing 90% of the world's rubber supply originates from the Asia Pacific region. India, in particular, has maintained stable rubber production, with an annual growth rate of 6%. India's rubber output ranges between 6 and 7 lakh tonnes per year, amounting to Rs. 3000 crores. Ribbed Smoked Sheets (RSS) constitute 70% of India's total rubber production and are imported by India, accounting for 45% of total rubber imports. The current turnover of the Indian Rubber Industry stands at Rs. 12000 crores.
What is Rubber Market Segmentation:
by Type
1.Natural Rubber
2.Synthetic Rubber
3.Butyl Rubber
4.Silicone Rubber
5.Nitrile Rubber
6.Chloroprene Rubber
7.EPDM Rubber
8.Polybutadiene Rubber
9.Styrene Butadiene Rubber
byApplication
1.Manufacturing Tyres
2.Tubes
3.Industrial Products
4.Rubber and Canvas Footwear
5.Pharmaceutical Goods
6.Rubber hoses
7. Cots
8.Aprons
9.Belts
10.Sheeting
by Sales Channel
1.Online
2.Offline
by End Use Industry
1.Automotive
2.Construction
3.Industrial
4.Healthcare
5.Consumer goods
6.Packaging
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Who are Rubber Market Key Players:
1.Sri Trang Agro-Industry Plc
2.Ceyenar
3.Southland Global
4. KA-Glove
5.Thai Hua Rubber PCL
6. Von Bundit Co., Ltd
7. THAI RUBBER LATEX GROUP PUBLIC COMPANY LIMITED
8.Goodyear Rubber Company of Southern California
9. Duratuf Products Private Limited
10.Rolex Reclaim Pvt. Ltd
11.Kent Elastomer Products
12.Unitex Rubber Co., Ltd
13.HALCYON AGRI
14.SINOCHEM GROUP CO
15. Firestone Natural Rubber
16.Apcotex Industries Ltd.
17.Rubfila International Ltd.
18.GRP Ltd.
19.S&H Rubber
20.RD Rubber Technology Corporation
21. ARLANXEO
22.TSRC Corporation
23.LG Chem
24.Vietnam Rubber Group
25. Tradewinds Plantation Berhad
26.TONG THAI RUBBER group
Table of content for the Rubber Market includes:
Rubber Market: Research Methodology
Rubber Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. Rubber Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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