Natural Rubber Market Size, Share, Analysis, Industry Demand and Forecasts Report

Technavio Announces the Publication of its Research Report Global Natural Rubber Market 2017-2021

Technavio recognizes the following companies as the key players in the global natural rubber market: Bridgestone, MICHELIN, SINOCHEM GROUP, Sri Trang Agro-Industry, and VON BUNDIT. 

Other Prominent Vendors in the market are: Southland Rubber, Thai Hua Rubber, and THAI RUBBER.
Further, the report states that one of the major factors hindering the growth of this market is Increasing preference for synthetic rubber. The market is witnessing an increasing preference for synthetic rubber over natural rubber mainly because of the former's significantly lesser price and availability. Synthetic rubber became popular because of the high price and scarce supply of natural rubber. It is stated that the fall in natural rubber supply coincided with World War I and II, prompting the requirement for low-cost products with steady supplies to make tires. This resulted in the production of SBR and butadiene rubbers. With time passing by, more synthetic rubber products got launched and introduced in the market. The cost and characteristic features of synthetic rubber are an undisputable competitor in the market. 

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Natural Rubber

Rubber is an elastomer type polymer with the ability to retain its original shape post-deformation. In the resting state, rubber is in a coiled form. The ability to stretch its monomer chains offers the elastic feature to rubber. It returns to its original shape when the chains snap back after the tension is released.Rubber is a term for macromolecular substances that can be of natural and synthetic origin. The natural origin compound is generally known as natural rubber (NR). It is an addition polymer that is derived from the milky white fluid (also known as latex) of tropical rubber trees. Natural rubber is vulcanized by linking shorter chains with sulfur to form longer chains. Synthetic rubber is an artificial elastomer that resembles natural rubber closely in various features.
Technavio’s analysts forecast the global natural rubber market to grow at a CAGR of 4.06% during the period 2017-2021.

Covered in this report 
The report covers the present scenario and the growth prospects of the global natural rubber market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of natural rubber.

The market is divided into the following segments based on geography: 
• Americas
• APAC
• EMEA

Technavio's report, Global Natural Rubber Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
• Bridgestone
• MICHELIN
• SINOCHEM GROUP
• Sri Trang Agro-Industry
• VON BUNDIT
Other prominent vendors 
• Southland Rubber
• Thai Hua Rubber
• THAI RUBBER
Market driver 
• Recovering rubber prices
• For a full, detailed list, view our report 

Market challenge 
• Increasing preference for synthetic rubber
• For a full, detailed list, view our report 

Market trend 
• Increasing popularity of guayule-derived natural rubber
• For a full, detailed list, view our report 
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