Natural Rubber Market Industry Analysis, Trend, Growth, Opportunity, Forecast 2020-2026
Pune, Maharashtra, India, June 18 2020 (Wiredrelease) Data Bridge Market Research — Global natural rubber market is expected to register a substantial CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the growing demand for gloves globally.Few of the major competitors currently working in the global natural rubber market are Sri Trang Agro-Industry Plc; Ceyenar; Hainan Natural Rubber Industry Group Co., Ltd.; Southland Global; Kurian Abraham Private Limited; Thai Hua Rubber PCL; Bridgestone Corporation; SINOCHEM GROUP CO., LTD.; VON BUNDIT CO., LTD.; THAI RUBBER LATEX GROUP PUBLIC COMPANY LIMITED; Goodyear Rubber Company of Southern California; Duratuf Products Private Limited; Rolex Reclaim Pvt. Ltd.; Kent Elastomer Products; Unitex Rubber Co., Ltd.; PT. Bakrie Sumatera Plantations tbk.; HALCYON AGRI and PT. Indolatex Jaya Abadi among others.
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Conducts Overall Global Natural Rubber Market Segmentation: This knowledgeable market research report offers lucrative opportunities by breaking down complex market data into segments on the basis of Global Natural Rubber Market By Type (RSS Grade, Latex Concentrate, Solid Block Rubber, Others), Application (Auto-Tire Sector, Gloves, Footwear, Latex Products, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026.
Table Of Contents: Global Natural Rubber Market
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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Market Definition: Global Natural Rubber Market
Natural rubber can be defined as a high elasticity substance acquired from the sap of the trees. The substance derived from these trees is commonly known as the latex milk, which is extracted by the process known as “Tapping”. This substance is then processed in different ways depending on the usage of the product.
High demand of naturally formulated rubber products due to a surge in the pricing of crude oil; this factor is expected to augment growth of the marketIncreasing demand for natural rubber products due to a surge in the automotive market which is one of the major areas of application for the product; this factor is expected to augment growth in the marketIncreasing demand of the product from the Asia-Pacific region is also expected to augment growth of the market
Availability of substitute product such as synthetic rubber; this factor is expected to restrict the growth of the marketPrices of natural rubber majorly depends on the currency of China and Thailand, fluctuations in the currency rate of these countries also has a negative effect on the growth of the market
Key Developments in the Market:
In June 2019, Indian State Government Kerala announced that they had established a new company by the name of “Kerala Rubber Limited” with the state holding 26% share in the company. The idea behind this step was to establish a local natural rubber dealer for the market when the consumers are adopting importing natural rubber instead of sourcing it locallyIn March 2016, Sinochem International Corporation and Halcyon Agri Corporation Limited announced that they had agreed to merge their businesses pertaining to natural rubber. This merger is set to establish a leader of natural rubber and its products in the market. Halcyon Agri will be the holding company of this merged business operations where Sinochem International Corporation is set to be the major shareholder of Halcyon Agri
Global natural rubber market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of natural rubber market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Questions Answered in This Report
What will the Global Natural Rubber Market size be in 2025 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?What are the market opportunities and threats faced by the key vendors?
Key reason to Purchase the report
To describe and forecast the Global Natural Rubber Market, in terms of value, by process, product type, and industry.To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leadersTo describe and forecast the market, in terms of value, for various segments, by region North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the Global Natural Rubber Market growthMarket Development: Comprehensive information about emerging markets. This report analyzes the market for various trocars across geographies.To strategically analyze micro markets with respect to individual growth trends, prospects, and contribution to the overall market
Customization of the Report
The report includes the complete segmentation displayed above across all above mentioned countriesAll products covered in the Global Natural Rubber Market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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