Market Overview:
The global natural rubber market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for automotive tires, medical devices, and industrial products. Additionally, the growing population and rising income levels are also contributing to the growth of the market. The global natural rubber market is segmented by type, application, and region. By type, the market is divided into ribbed smoked sheet (RSS), technically specified rubber (TSR), latex, and others. The RSS segment is expected to grow at a CAGR of 6% from 2018 to 2030 due to its high demand in automotive applications such as hoses, belts, gaskets seals etc., which account for more than 50% of total RSS consumption globally.
Product Definition:
Natural Rubber is a product that is derived from the latex of rubber trees. It has many applications, including in the automotive, medical and construction industries.
Ribbed Smoked Sheet (RSS):
Ribbed smoked sheet (RSS) is a type of natural rubber, processed from the tapping of rubber trees. It has high demand in various end-use industries such as automotive and electrical & electronics owing to its excellent physical properties such as strength, hardness, resilience and flexibility. The product is also known as tire cord or vulcanized fiber; it's widely used for the manufacture of tires due to its high tensile strength which helps in maintaining uniformity during tire production.
Technically Specified Rubber (TSR):
Technically specified rubber (TSR) is a type of natural rubber that meets certain technical requirements regarding the physical and chemical properties. TSRs are used in tire manufacturing on account of their high strength, resilience, abrasion resistance and low heat buildup. They also have lower rolling resistance than NBR which makes them suitable for use in tires intended for vehicles with electric drive trains such as bicycles and skateboards.
Application Insights:
The automotive non-tire application segment led the global natural rubber market in 2017. This is attributed to increasing demand for passenger cars and light commercial vehicles in emerging economies such as China, India, Thailand, Indonesia and Brazil. In addition, technological advancements coupled with high performance standards are expected to drive the growth of this segment over the forecast period.
Natural rubber is used extensively across a wide range of applications including building & construction materials (caulking), industrial gaskets & seals (where it acts as an insulator), automotive tires (non- radial tires) and even some types of tubing where its stretchability property makes it suitable for use without any additional reinforcement or support structure. The aforementioned properties have made it suitable for use across a wide range of industries which include medical devices & equipment manufacturing along with consumer goods such as footwear and household products among others.
Regional Analysis:
Asia Pacific was the largest market in 2016 and accounted for a share of more than 50% owing to high demand from various application industries. The region is expected to continue its dominance over the forecast period due to increasing automotive production, tire manufacturing, medical equipment & devices manufacturing, construction spending and other industrial activities.
The growing population in Asia Pacific has led to an increase in consumer goods demand which is further anticipated to fuel natural rubber consumption over the next eight years. Europe also held a significant market share owing with presence of major automobile manufacturers such as Volkswagen Group; BMW AG; Daimler AG; Ford Motor Company LLC.; Mercedes-Benz AG among others who use natural rubber as one of their raw materials for vehicle tires production are expected drive regional growth.
Growth Factors:
- Increasing demand from the automotive industry as a result of the increasing production of vehicles.
- Rising demand for rubber gloves and condoms due to the increasing awareness about hygiene and safe sex practices.
- Growing use of rubber in construction industry for waterproofing, insulation, and noise control applications.
- Rapid expansion in the manufacturing sector in developing countries such as China and India which is fueling growth in natural rubber consumption.
Scope Of The Report
Report Attributes
Report Details
Report Title
Natural Rubber Market Research Report
By Type
Ribbed Smoked Sheet (RSS), Technically Specified Rubber (TSR), Latex, Others
By Application
Automotive (Non-Tire Applications), Medical, Industrial, Consumer Goods
By Companies
Continental, Bridgestone, Goodyear, Sumitomo, Firestone/Sameer Africa, Horizon Addis Tyre, Tyre Corporation(Kal Tire), Truco, NUVOâ„¢ Rubber Compounders, TRENCO, Naroben
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Natural Rubber Market Report Segments:
The global Natural Rubber market is segmented on the basis of:
Types
Ribbed Smoked Sheet (RSS), Technically Specified Rubber (TSR), Latex, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive (Non-Tire Applications), Medical, Industrial, Consumer Goods
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Continental
- Bridgestone
- Goodyear
- Sumitomo
- Firestone/Sameer Africa
- Horizon Addis Tyre
- Tyre Corporation(Kal Tire)
- Truco
- NUVOâ„¢ Rubber Compounders
- TRENCO
- Naroben
Highlights of The Natural Rubber Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ribbed Smoked Sheet (RSS)
- Technically Specified Rubber (TSR)
- Latex
- Others
- By Application:
- Automotive (Non-Tire Applications)
- Medical
- Industrial
- Consumer Goods
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Natural Rubber Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Natural rubber is a type of synthetic rubber that is made from the sap of the Rubber Tree.
Some of the key players operating in the natural rubber market are Continental, Bridgestone, Goodyear, Sumitomo, Firestone/Sameer Africa, Horizon Addis Tyre, Tyre Corporation(Kal Tire), Truco, NUVO¢â€žÂ¢ Rubber Compounders, TRENCO, Naroben.
The natural rubber market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Natural Rubber Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Natural Rubber Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Natural Rubber Market - Supply Chain
4.5. Global Natural Rubber Market Forecast
4.5.1. Natural Rubber Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Natural Rubber Market Size (000 Units) and Y-o-Y Growth
4.5.3. Natural Rubber Market Absolute $ Opportunity
5. Global Natural Rubber Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Natural Rubber Market Size and Volume Forecast by Type
5.3.1. Ribbed Smoked Sheet (RSS)
5.3.2. Technically Specified Rubber (TSR)
5.3.3. Latex
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Natural Rubber Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Natural Rubber Market Size and Volume Forecast by Application
6.3.1. Automotive (Non-Tire Applications)
6.3.2. Medical
6.3.3. Industrial
6.3.4. Consumer Goods
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Natural Rubber Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Natural Rubber Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Natural Rubber Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Natural Rubber Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Natural Rubber Demand Share Forecast, 2019-2026
9. North America Natural Rubber Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Natural Rubber Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Natural Rubber Market Size and Volume Forecast by Application
9.4.1. Automotive (Non-Tire Applications)
9.4.2. Medical
9.4.3. Industrial
9.4.4. Consumer Goods
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Natural Rubber Market Size and Volume Forecast by Type
9.7.1. Ribbed Smoked Sheet (RSS)
9.7.2. Technically Specified Rubber (TSR)
9.7.3. Latex
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Natural Rubber Demand Share Forecast, 2019-2026
10. Latin America Natural Rubber Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Natural Rubber Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Natural Rubber Market Size and Volume Forecast by Application
10.4.1. Automotive (Non-Tire Applications)
10.4.2. Medical
10.4.3. Industrial
10.4.4. Consumer Goods
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Natural Rubber Market Size and Volume Forecast by Type
10.7.1. Ribbed Smoked Sheet (RSS)
10.7.2. Technically Specified Rubber (TSR)
10.7.3. Latex
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Natural Rubber Demand Share Forecast, 2019-2026
11. Europe Natural Rubber Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Natural Rubber Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Natural Rubber Market Size and Volume Forecast by Application
11.4.1. Automotive (Non-Tire Applications)
11.4.2. Medical
11.4.3. Industrial
11.4.4. Consumer Goods
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Natural Rubber Market Size and Volume Forecast by Type
11.7.1. Ribbed Smoked Sheet (RSS)
11.7.2. Technically Specified Rubber (TSR)
11.7.3. Latex
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by ype
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Natural Rubber Demand Share, 2019-2026
12. Asia Pacific Natural Rubber Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Natural Rubber Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Natural Rubber Market Size and Volume Forecast by Application
12.4.1. Automotive (Non-Tire Applications)
12.4.2. Medical
12.4.3. Industrial
12.4.4. Consumer Goods
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Natural Rubber Market Size and Volume Forecast by Type
12.7.1. Ribbed Smoked Sheet (RSS)
12.7.2. Technically Specified Rubber (TSR)
12.7.3. Latex
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Natural Rubber Demand Share, 2019-2026
13. Middle East & Africa Natural Rubber Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Natural Rubber Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Natural Rubber Market Size and Volume Forecast by Application
13.4.1. Automotive (Non-Tire Applications)
13.4.2. Medical
13.4.3. Industrial
13.4.4. Consumer Goods
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Natural Rubber Market Size and Volume Forecast by Type
13.7.1. Ribbed Smoked Sheet (RSS)
13.7.2. Technically Specified Rubber (TSR)
13.7.3. Latex
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Natural Rubber Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Natural Rubber Market: Market Share Analysis
14.2. Natural Rubber Distributors and Customers
14.3. Natural Rubber Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Continental
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bridgestone
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Goodyear
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sumitomo
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Firestone/Sameer Africa
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Horizon Addis Tyre
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tyre Corporation(Kal Tire)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Truco
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. NUVO Rubber Compounders
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. TRENCO
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Naroben
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
