Global Rubber
Market Report
2024
Rubber in 2021 was estimated at around USD 44.23 Bn. Whereas it will reach USD 62.90 Bn by 2029 with a significant growth rate of 4.50%.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The global market size for Global Rubber in 2021 was estimated at around USD 44.23 Bn. Whereas it will reach USD 62.90 Bn by 2029 with a significant growth rate of 4.50%.
In Terms of Revenue, The Natural market was valued at 58.00% Share of total Global xx Market in 2021.
In Terms of Revenue, Tire was the Leading segment with 52.00% Share of total xx Market in 2021.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Rubber Market Sales Revenue 2021 | $ 44.23 Billion |
Global Rubber Market Sales Revenue 2029 | $ 62.9 Billion |
Global Rubber Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.5% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Rubber industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Rubber Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Rubber is a broad name for a group of various polymers that are all elastomers. Elastomers are a natural or synthetic polymer which have elastic properties. For instance, polyisoprene or natural rubber poly butadiene, polyurethane. Rubber is a highly elastic organic material. Natural rubber comes out of the trees (a white liquid called latex) from which the rubber is made. There are more than 400 kinds of plants from the juice of which rubber can be made. In 19th century, the use of rubber increased considerable because of its unique properties, Due to which, it became difficult to fulfil the increasing world demand from natural rubber. Hence synthetic rubber is developed since first world war. Today about 50% of the rubber is produce by the synthetic process in the world. Rubber is very useful in various items of daily use such as electronic, raincoats, tires etc.
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Kumho Petrochemical has acquired the full ownership Kumho Polychem, a 50-50 synthetic rubber joint venture with JSR Corp.
Kumho Petrochemical to invest USD 4.5 billion in future growth plan
Kumho Petrochemical partners with Technip to advance eco-rubber
Lanzhou Petrochemical builds a high-end synthetic rubber production base with a 35,000-ton/year special nitrile rubber plant put into operation
Petronas Chemicals and LG Chem partner to build a nitrile butadiene latex plant in Johor
LG Chem Plans to Shut South Korea NBR Business Permanently.
Vietnam Rubber Group to expand tyre and tube production. Currently the company is mostly focused on growing rubber trees and processing latex, and rubber wood, making industrial products from rubber, operating industrial parks amid rubber plantations, and high-tech agriculture.
Top Companies Market Share in Rubber Industry: (In no particular order of Rank)
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In terms of geography, the market is divided into five main regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The region is further divided into country level. Asia Pacific dominated the global rubber market due to the presence of some lading producing countries such as China, India.
The current report Scope analyzes Rubber Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Rubber Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Rubber Industry growth. Rubber market has been segmented with the help of its Type, Application , and others. Rubber market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on the Rubber Type, the market is categorised into natural and synthetic. Synthetic rubber dominated the rubber market due to the high demand from various end-use industries.
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Based on Application segment, the market is segmented into tire, non-tire automotive, footwear, industrial goods and others. Tire application held the major share of the total rubber market due to the growing automotive industry worldwide. Being one of the key drivers of economic growth and increasing demand for vehicles, there have been a number of new developments in the industry.
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Manoj Phagare is a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis and working in various domains including chemical & materials and paints & coatings. He thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making.His analytical mindset, coupled with effective communication skills, allows him to bridge the gap between data analysis and practical business applications.
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Type | Natural Rubber, Synthetic Rubber |
Application | Automotive, Medical, Industrial, Consumer Goods |
List of Competitors | 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 |
This chapter will help you gain GLOBAL Market Analysis of Rubber. Further deep in this chapter, you will be able to review Global Rubber Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Rubber market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Natural Rubber have a significant impact on Rubber market? |
What are the key factors affecting the Natural Rubber and Synthetic Rubber of Rubber Market? |
What is the CAGR/Growth Rate of Automotive during the forecast period? |
By type, which segment accounted for largest share of the global Rubber Market? |
Which region is expected to dominate the global Rubber Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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