The Size of the Global Natural Rubber and Gums Market is anticipated to grow from USD 21.07 billion in 2024 to 28.40 billion by 2032, growing at a CAGR of 3.8% from 2024 to 2032.
Natural gum rubber is a renowned non-marking rubber material owing to its soft, supple texture and exceptional flexibility. It is a natural product generated from the sap of rubber trees that can be found in South Asia and South America. As its raw materials are obtained from trees, natural gum rubber is also an eco-friendly elastomer. One of the most significant discoveries of the modern age was the beginnings of this "green" elastomer and its contemporary version. Natural Rubber material is obtained by the method of tapping where latex is harvested from the Hevea Brasiliense tree often known as “rubber trees”. Tapping is a process in which incisions are created in the trunk of the rubber tree to allow latex material to drip out into collection bins. Natural Gum Rubber material is created after further processing.
Natural Gum Rubber has unique chemical and physical properties. It generally resists most organic salts, ammonia, acids, and alkali salts. Unlike synthetic rubbers, it does not have high levels of chemical properties and is temperature resistant. Apart from the great elasticity of its flexible rubber, it possesses other physical properties. It has a low compression set, high tensile strength and tear resistance, better surface friction and shock absorption, great resilience and abrasion resistance, and also a high coefficient of friction. This makes natural gum rubber one of the most adaptable natural materials available as it will leave less residue on whatever surface on which it is applied.
Increasing demand for the biodegradable form of rubber products or latex products such as catheters, gloves, and belts is the root cause of accelerating the growth of the Natural Rubber and Gum Market Size. Natural rubber is preferred over synthetic rubbers as it is tear resistance and possesses vibration dampening and high tensile strength properties thereby creating a demand for them in the construction and automobile industry. Furthermore, growing rubber plantations, rising applications of Rubber and Gum in food, textile chemical, and other industries are the factors fuelling the demand for the Natural Rubber and Gums Market Growth.
Fluctuations in the currency rates, high transportation and packing costs will restrict the growth of the Natural Rubber and Gum market Share. Adapting the substitutes such as synthetic rubbers due to lack of awareness about Natural Gum Rubber in some areas are hampering the growth of the market.
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REPORT METRIC |
DETAILS |
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Market Size Available |
2023 to 2032 |
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Base Year |
2023 |
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Forecast Period |
2024 to 2032 |
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CAGR |
3.8% |
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Segments Covered |
By Type, Application & region. |
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Various Analyses Covered |
Global, Regional and Country Level Analysis; Segment-Level Analysis; DROC; PESTLE Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Analyst Overview of Investment Opportunities |
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Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
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Market Leaders Profiled |
Bridgestone Corporation, Michelin, Halcyon Agri Corporation Limited, Triveni Chemicals, Indian Natural Rubber, Apcotex Industries Limited, Shivshankar Rubber Products, Sinochem Group, Southland Rubber Company Limited, Sri Trang Agro-Industry Plc, Ceyener, Thai Hua Rubber Public Company Limited, Hainan Natural Rubber Industry Group Co. Ltd. |
Asia-Pacific is considered to grow substantially as the countries such as Thailand, Malaysia, Indonesia, and others are the major suppliers of natural rubber across the world. The growing economies like China, India, and others are also playing an important role in increased demand for the Rubber and Gums market in the region. Most of the Tyre manufacturers are shifting from their production base to low-cost manufacturing nations like China and India ultimately resulting in increased demand from the customers. The excessive use of natural rubber-based products in food, textile chemical, health care, and other industries such as medical gloves by health care industry is accelerating the growth of its market value.
Key Players In Global Natural Rubber And Gums Market Are Bridgestone Corporation, Michelin, Halcyon Agri Corporation Limited, Triveni Chemicals, Indian Natural Rubber, Apcotex Industries Limited, Shivshankar Rubber Products, Sinochem Group, Southland Rubber Company Limited, Sri Trang Agro-Industry Plc, Ceyener, Thai Hua Rubber Public Company Limited, Hainan Natural Rubber Industry Group Co. Ltd.
By Type
By Application
By Region
Frequently Asked Questions
Natural rubber is a polymer derived from the latex sap of certain plants, primarily the rubber tree (Hevea brasiliensis). It is a versatile material with unique properties, including elasticity, resilience, and impermeability, making it ideal for various industrial and consumer applications.
Natural gums are polysaccharide-based substances derived from plant exudates or seeds. They are often used as thickening agents, stabilizers, and emulsifiers in various industries, including food, pharmaceuticals, cosmetics, and textiles. Examples of natural gums include gum arabic, guar gum, locust bean gum, and xanthan gum.
Fluctuations in raw material prices and availability, influenced by factors such as weather conditions, disease outbreaks, and market demand.
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