Press release
Global Natural Rubber Market: Industry Size, Share, Growth, Forecasts 2017-2021
Rubber is an elastomer type polymer with the ability to retain its original shape post-deformation. In the resting state, rubber is in a coiled form. The ability to stretch its monomer chains offers the elastic feature to rubber. It returns to its original shape when the chains snap back after the tension is released.Rubber is a term for macromolecular substances that can be of natural and synthetic origin. The natural origin compound is generally known as natural rubber (NR). It is an addition polymer that is derived from the milky white fluid (also known as latex) of tropical rubber trees. Natural rubber is vulcanized by linking shorter chains with sulfur to form longer chains. Synthetic rubber is an artificial elastomer that resembles natural rubber closely in various features.
Technavios analysts forecast the global natural rubber market to grow at a CAGR of 4.06% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global natural rubber market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of natural rubber.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Natural Rubber Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Bridgestone
MICHELIN
SINOCHEM GROUP
Sri Trang Agro-Industry
VON BUNDIT
Other prominent vendors
Southland Rubber
Thai Hua Rubber
THAI RUBBER
Market driver
Recovering rubber prices
For a full, detailed list, view our report
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Market challenge
Increasing preference for synthetic rubber
For a full, detailed list, view our report
Market trend
Increasing popularity of guayule-derived natural rubber
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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