Asia Pacific Natural Rubber And Gums Market

Asia Pacific Natural Rubber and Gums Market Size (2024 to 2032)

Asia Pacific Natural Rubber and Gums Market size is expected to be valued at USD 4.95 Bn in 2023 and is projected to reach USD 7.07 Bn by 2032, growing at a CAGR of 4.55% 

MARKET OVERVIEW

Natural rubber is an elastomer that consists of polymers of organic compound isoprene which was originally derived from latex, a milky colloid produced by some plants. In addition, it consists of minor impurities of other organic compounds and water. It is also called as natural rubber or caoutchouc. Natural gums are polymeric materials that give a thickening and gelling effect when they are dissolved in water. It is capable of increasing solution viscosity at small concentrations. Natural rubber is used in many applications and products, as it is made into synthetic rubber. It is used either alone or in combination with any other products. In most forms, it is extremely waterproof, has high resilience, and a large stretch ratio. Natural gums are used extensively in the food industry as gelling agents, thickening agents, stabilizers, and emulsifying agents. It is also used as binding agents, crystal inhibitors, adhesives, clarifying agents and swelling agents in other industries. In most cases, the gum is extracted from woody elements of plants or seed coatings.

The Asia Pacific Natural Rubber and Gums Market is driven by factors like demand for natural rubber and gum, increasing rubber plantations, rising applications of rubber and gum in food, textile, chemical, and other industries, favorable government reimbursements, increasing investments by private companies, new product innovations and technology advancements. However, lack of awareness in some areas, transportation and packing are hampering the growth of the market.

This research report on the Asia Pacific Natural Rubber and Gums market has been segmented and sub-segmented into the following categories.

Asia Pacific Natural Rubber and Gums Market By Product Type

• natural rubber 

• natural gum

Asia Pacific Natural Rubber and Gums Market By Application

• Chemical Industry

• Textile Industry

• Food Industry.

Asia Pacific Natural Rubber and Gums Market By Country

• China

• India

• Japan

• South Korea

• Australia

Asia Pacific has the fastest growing rate due to the rising population and emerging economies like China and India.

KEY MARKET PLAYERS

• Triveni Chemicals
• Indian Natural Rubber
• Shivshankar Rubber Products
• Habasit
• Nature & Nurture Healthcare Pvt. Ltd.
• Peenal Polyrub
• Altrafine Gums
• Ananta Polyrubb Pvt. Ltd.
• Hainan Rubber Group
• Raintree Gum