Rubber Market is expected to reach USD 79670 Million by the end of 2029: Cognitive Market Research

Natural rubber, also called India rubber or caoutchouc, as initially produced, consists of polymers of the organic compound isoprene, with minor impurities of other organic compounds plus water. Natural rubber is the prototype of all elastomers. The rubber is collected from the latex in a series of steps involving preservation, concentration, coagulation, dewatering, drying, cleaning, and blending. Because of its natural derivation, it is sold in a variety of grades based on purity (color and presence of extraneous matter), viscosity, viscosity stability, oxidation resistance, and rate of cure.

LPI (LP Information)' newest research report, the “Rubber Industry Forecast” looks at past sales and reviews total world Rubber sales in 2022, providing a comprehensive analysis by region and market sector of projected Rubber sales for 2023 through 2029. With Rubber sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Rubber industry.

This Insight Report provides a comprehensive analysis of the global Rubber landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Rubber portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Rubber market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rubber and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Rubber.

The global Rubber market size is projected to grow from US$ 45600 million in 2022 to US$ 79670 million in 2029; it is expected to grow at a CAGR of 79670 from 2023 to 2029.

Global Rubber key players include Von Bundit, Sri Trang Agro-Industry, Southland Holding, Thai Hua Rubber, Vietnam Rubber, etc. Global top five manufacturers hold a share over 20%. China is the largest market, with a share over 30%, followed by Europe and USA, both have a share over 20% percent.

In terms of product, Technically Specified Rubber (TSR) is the largest segment, with a share over 40%. And in terms of application, the largest application is Automotive, followed by Medical and Industrial.

This report presents a comprehensive overview, market shares, and growth opportunities of Rubber market by product type, application, key manufacturers and key regions and countries.

Top Manufactures in Global Rubber Includes:

    Von Bundit

    Sri Trang Agro-Industry

    Southland Holding

    Thai Hua Rubber

    Vietnam Rubber

    Tradewinds Plantation Berhad

    Tong Thai Rubber

    Thai Rubber Latex

    Ravasco

    Halcyon Agri

    Feltex

    Unitex Rubber

    Indolatex Jaya Abadi

    Kurian Abraham

    Hevea-Tec

    KLPK

    Bakrie Sumatera Plantations

    Kuala Lumpur Kepong Berhad

    C.W. Mackie

    Enghuat Industries

    Basil Rubber Factory

    Edathala Polymers

    Kavanar Latex

    Paesukchuen Rubber

    Ba Phuc Rubber

    Sinochem International

    Indonesia Hainan Rubber Industry

    Yunnan State Farms

    Guangdong Guangken Rubber

    Yunnan Gaoshen Rubber

Market Segment by Type, covers:

    Natural Rubber

    Synthetic Rubber

Market Segment by Applications, can be divided into:

    Automotive

    Medical

    Industrial

    Consumer Goods

Key Questions Addressed in this Report

What is the 10-year outlook for the global Rubber market?

What factors are driving Rubber market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Rubber market opportunities vary by end market size?

How does Rubber break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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https://www.lpinformationdata.com/reports/457136/rubber-2029

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