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Meet Abi
Discover Market Info
Manage Risk
Find Suppliers
Assess Category Performance
Source Market Indices
Abi will answer all Natural Rubber related
procurement queries with relevant data points
Abi - AI powered digital procurement assistant
Get up-to-date market and supplier info on Natural Rubber to help you build
Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices
Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices
Assess Supplier Risk based on key risk and compliance parameters
Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.
Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus
Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography
Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings
Benchmark your category performance against peers and the market
Measure category performance on 15 key parameters across cost, risk and strategy KPIs
Get information on key factors affecting your supply
Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics
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The global demand for natural rubber is predicted to grow at a CAGR of 4.8 % (2019–2023) and the production is set to touch ~17 MMT (Million 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.
The natural rubber market witnessed a lack of strong growth catalysts from 2019 to H1 2020, with a decline in sales of auto and tires. Further, the weakness in key downstream automobile and tire operations combined with a downtrend in oil prices and buying momentum due to the COVID-19 crisis, US-China trade war and other macroeconomic factors, demand had waned down in 2020.
The demand for natural rubber is surging owing to its characteristic properties such as resistance to abrasion and adhesion to metals, making it suitable for manufacturing tyres, seals, and others.
The high vibration dampening, tensile strength, and tear resistance of natural rubber are making it perfect and more preferable over synthetic rubber for its usage in the automobile and construction industries.
Moreover, natural rubber is finding immense use in footwear production given its umpteen slip resistance, durability, and tensile resistance. The footwear sector leverages natural rubber to make various kinds of footwear such as formal, casual, and protective footwear.
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.
Category Intelligence on Natural Rubber covers the following
The major demand drivers, such as automobiles, tires and latex sectors, are expected to witness an optimistic outlook as 2017 progresses.
The automobile production rise in developed regions, such as the US and Europe, and improved demand for passenger cars in India, China, and Korea are expected to support the global natural rubber demand. However, a decline in auto and tire sales has been witnessed in 2018 and H1 2019.
Drivers
High Demand in Industrial Use Cases
In industrial applications, natural rubber is majorly utilized to produce different material handling equipment including seismic bearings, hoses, elevator belts, and tubes.
Development of New Products
Reinforced products, including conveyor belts, air-brake diaphragms, and drive belts, are developed from coated or calendered rubber on a stationary or revolving drum.
When amalgamated with various chemicals and polymers, natural rubber delivers strong results in manufacturing pacemakers, respirators, and surgical supplies.
Constraints
Availability of Alternatives
The natural rubber industry market size is getting severely affected by the presence of substitutes such as polymers, plastics, and vinyl, which are relatively cheaper and are produced on a large scale across the world.
This industry report on the natural rubber market offers quantitative and qualitative insights and a comprehensive assessment of market size and growth rate for all segments. In tandem with this, the research study offers a detailed evaluation of natural rubber price and competitive landscape. Different important data presented in the industry report include market dynamics, ongoing trends, Porter’s Five Forces analysis, macro and microeconomic factors, and company profiles.
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