Natural Rubber Market Intelligence

Natural Rubber Market Overview

The global demand for natural rubber is predicted to grow at a CAGR of 4.2 percent and the production is set to touch 16.16 million MT (Metric Tons) by 2022, from the current level of 12.43 million MT. The automobile market is anticipated to increase the demand for natural rubber production in Thailand and Indonesia. On the other hand, the natural rubber market in Malaysia is set to grow due to the rise in latex products such as condoms and gloves.

Natural Rubber - Global Market Analysis & Forecast

• Thailand, with a supply share of 37 percent is estimated to supply 4.65 million MT of natural rubber at a CAGR of 4.5 percent by 2022
• Only 14 percent of natural rubber is consumed domestically in Thailand, but it continues to be one of the most suitable sourcing regions as the area provides good quality rubber with a sufficient supply and low costs
• Asia will continue to be the dominant supplier of NR(Natural Rubber) due to the increase in yielding area and the average yield in top producing countries like Thailand, Malaysia, and India

Natural Rubber - Top Manufacturers

• Sri Trang Agro
• Southland Rubber
• Thai Rubber Latex
• Von Bundit
• Halcyon Agri

Methodology for writing this Report

Beroe gathers intelligence through primary sources that include industry experts, researchers, and consultants, as well as current suppliers, producers and distributors. Secondary sources can include business journals, newsletters, magazines, market research data, company sources, and industry associations. Following data collation, analysis, and strategic review, the Final Research Report is published on Beroe LiVE.