
Natural Rubber Market
Natural Rubber Market Forecasts to 2030 - Global Analysis By Type (Latex Concentrate, Block Rubber, Crumd Rubber, Sheets, Creeps, Preserved Latex Concentrates and Other Types), Processing Method, Grade, Application, End User and By Geography

Years Covered |
2022-2030 |
Estimated Year Value (2024) |
US $19.62 BN |
Projected Year Value (2030) |
US $30.11 BN |
CAGR (2024- 2030) |
7.4% |
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
Largest Market |
Asia Pacific |
Highest Growing Market |
North America |
According to Stratistics MRC, the Global Natural Rubber Market is accounted for $19.62 billion in 2024 and is expected to reach $30.11 billion by 2030 growing at a CAGR of 7.4% during the forecast period. An elastic substance called natural rubber is made from the latex of rubber trees, mostly Hevea brasiliensis. It is a polymer made up of isoprene units, which give it exceptional strength, flexibility, and durability. Because of its adaptability, natural rubber is utilized extensively in production, appearing in footwear, industrial items, tires, and medical supplies. Renewably sourced and renowned for its exceptional mechanical qualities, including flexibility and abrasion resistance, it is a sustainable substitute for synthetic rubber.
According to FAOSTATS, in 2022, the production quantity of natural rubber was 12.8 million metric tons, which increased from 12.5 million metric tons in 2021. Major countries involved in rubber production are Thailand, Vietnam, Indonesia, China, and India.
Market Dynamics:
Driver:
Growing demand in the automotive industry
Natural rubber is a crucial component for creating long-lasting and effective tires because of its exceptional qualities, which include high tensile strength, exceptional flexibility, and resilience to heat and wear. Its application also includes automotive parts like vibration dampers, gaskets, and seals. With the expansion in vehicle manufacturing, particularly in emerging nations, and the rising move towards electric vehicles (EVs), the demand for high-performance tires is expanding. This pattern emphasizes how important natural rubber is to satisfying the changing demands of the global auto industry.
Restraint:
Rising costs of transportation and logistics
The majority of natural rubber is produced in Southeast Asia, and it must be shipped widely to markets in North America, Europe, and other continents. Freight costs have grown, especially during times of global economic uncertainty, due to labor shortages, rising shipping container costs, and fluctuations in fuel prices. Disruptions to the supply chain, like delays and port congestion, also drive up expenses. The pricing of natural rubber goods is directly impacted by these growing costs, which lowers market competition and makes it harder for producers to strike a balance between affordability and profitability in a highly price-sensitive sector.
Opportunity:
Expansion of construction activities globally
Due to its exceptional durability, flexibility, and resistance to wear, natural rubber is widely used in construction for applications like flooring, vibration dampers, expansion joints, and waterproofing materials. Rapid urbanization, especially in emerging economies, and increased investments in infrastructure projects, such as roads, bridges, and residential complexes, are driving this demand. Additionally, the adoption of advanced materials in construction emphasizes the use of natural rubber for sustainable and efficient solutions, further solidifying its importance in supporting the expanding global infrastructure sector. As a result, the natural rubber market is heavily influenced by the expansion of construction activities around the world.
Threat:
Environmental concerns over traditional cultivation methods
Conventional rubber farming frequently results in extensive deforestation, which destroys habitats and reduces biodiversity. Rubber plantations' monoculture lowers soil fertility, makes them more susceptible to pests and diseases, and has a detrimental effect on the ecosystems around them. Additionally, the quality of the soil and water is at risk due to the extensive use of chemical pesticides and fertilizers. Climate change is exacerbated by unsustainable land-use practices, which also increase carbon emissions. Agroforestry, organic farming, and reforestation projects are examples of eco-friendly approaches that have been advocated for in order to reconcile environmental sustainability with the rising demand for natural rubber worldwide.
Covid-19 Impact
The COVID-19 pandemic significantly impacted the natural rubber market, causing disruptions in production, supply chains, and demand. Lockdowns and labor shortages in key producing regions led to reduced harvesting and processing. The automotive industry, a major consumer, faced declining sales, lowering rubber demand for tires. Conversely, the healthcare sector saw a surge in demand for latex products like gloves and medical supplies. The pandemic highlighted vulnerabilities in global supply chains, prompting shifts towards diversification and sustainable practices in the natural rubber market.
The latex concentrate segment is expected to be the largest during the forecast period
The latex concentrate segment is estimated to be the largest, due to growing demand from industries such as healthcare, automotive, and consumer goods, where latex is essential for products like gloves, mattresses, and tires. Advances in production technologies have also improved efficiency and quality, boosting supply. Additionally, the increasing trend toward sustainable and eco-friendly materials supports the growth of natural latex applications. The rising awareness of health and hygiene, especially post-pandemic, further drives the need for latex-based products.
The construction segment is expected to have the highest CAGR during the forecast period
The construction segment is anticipated to witness the highest CAGR during the forecast period, due to its use in products like rubber seals, gaskets, waterproofing membranes, and flooring materials. Increased urbanization, infrastructure development, and the growing demand for durable, flexible construction materials fuel this demand. Additionally, the push for sustainable building practices and eco-friendly materials further promotes natural rubber’s role in construction. Its excellent resilience, weather resistance, and long lifespan make it a preferred choice for various construction applications.
Region with largest share:
Asia Pacific is expected to have the largest market share during the forecast period due to rapid industrialization, especially in countries like China, India, and Thailand, which are major consumers and producers. Growing demand from automotive, healthcare, and construction industries, along with rising disposable incomes, boosts consumption. Additionally, the region's expanding infrastructure projects and the increasing adoption of eco-friendly materials support market growth. The market is additionally strengthened by favourable climate conditions for rubber production and government subsidies for rubber farming.
Region with highest CAGR:
During the forecast period, the North America region is anticipated to register the highest CAGR, owing to increasing demand from the automotive and construction industries. Rising vehicle production and tire manufacturing, coupled with the need for durable and sustainable materials, fuel market expansion. Additionally, the growing use of natural rubber in medical devices and adhesives contributes to its demand. Improvements in farming methods and encouraging government programs for sustainable production further increase supplies, guaranteeing consistent expansion of the natural rubber market in the region.
Key players in the market
Some of the key players profiled in the Natural Rubber Market include Sinochem International Corporation, China Hainan Rubber Industry Group Co., Ltd., Von Bundit Co., Ltd., Thai Hua Rubber Public Company Limited, Firestone Natural Rubber Company, LLC, Lam Eng Rubber Factory (M) Sdn. Bhd., Continental AG, Bridgestone Corporation, Michelin SCA, Goodyear Tire & Rubber Company, Yokohama Rubber Company, Pirelli & C. S.p.A., DPR Industries Inc., Cherry's Industrial Equipment Corp, Hallstar, Qualiform, LLC., RD Rubber Technology Corporation, and Maxell Kureha Co., Ltd.
Key Developments:
In November 2024, Bridgestone Corporation announced that it will make strategic investments to expand capacity in three passenger car tire plants in Japan, the Hikone Plant, the Tosu Plant, and the Tochigi Plant. These are the main production bases for high rim diameter (HRD) tires for passenger cars in the premium segment.
In May 2024, Yokohama Rubber Co., Ltd., announces its plan to expand motorsports tire production capacity at its Mishima Plant in Mishima City, Shizuoka Prefecture. Yokohama Rubber will invest about ¥3.8 billion in a new line that will produce 18-inch and larger motorsports tires, expanding the plant’s capacity for motorsports tires by 35%.
In December 2022, Firestone Liberia Partners with Children’s Surgery International for Surgical Mission in Duside. Firestone and Children’s Surgery International (CSI), a nonprofit volunteer organization, will partner for a 12th year and hold a surgical mission.
Types Covered:
• Latex Concentrate
• Block Rubber
• Crumd Rubber
• Sheets
• Creeps
• Preserved Latex Concentrates
• Other Types
Processing Methods Covered:
• Processed Rubber
• Natural Latex
• Vulcanized Rubber
Grades Covered:
• Technically Specified Rubber (TSR)
• Thick Pale Crepe (TPC)
• Ribbed Smoked Sheets (RSS)
• Other Grades
Applications Covered:
• Tires and Tubes
• Footwear
• Industrial Goods
• Medical Supplies
• Adhesives
• Engineering
• Belting and Hose
• Other Applications
End Users Covered:
• Automotive
• Healthcare
• Construction
• Consumer Goods
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Natural Rubber Market, By Type
5.1 Introduction
5.2 Latex Concentrate
5.3 Block Rubber
5.4 Crumd Rubber
5.5 Sheets
5.6 Creeps
5.7 Preserved Latex Concentrates
5.8 Other Types
6 Global Natural Rubber Market, By Processing Method
6.1 Introduction
6.2 Processed Rubber
6.3 Natural Latex
6.4 Vulcanized Rubber
7 Global Natural Rubber Market, By Grade
7.1 Introduction
7.2 Technically Specified Rubber (TSR)
7.3 Thick Pale Crepe (TPC)
7.4 Ribbed Smoked Sheets (RSS)
7.5 Other Grades
8 Global Natural Rubber Market, By Application
8.1 Introduction
8.2 Tires and Tubes
8.3 Footwear
8.4 Industrial Goods
8.5 Medical Supplies
8.6 Adhesives
8.7 Engineering
8.8 Belting and Hose
8.9 Other Applications
9 Global Natural Rubber Market, By End User
9.1 Introduction
9.2 Automotive
9.3 Healthcare
9.4 Construction
9.5 Consumer Goods
9.6 Other End Users
10 Global Natural Rubber Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Sinochem International Corporation
12.2 China Hainan Rubber Industry Group Co., Ltd.
12.3 Von Bundit Co., Ltd.
12.4 Thai Hua Rubber Public Company Limited
12.5 Firestone Natural Rubber Company, LLC
12.6 Lam Eng Rubber Factory (M) Sdn. Bhd.
12.7 Continental AG
12.8 Bridgestone Corporation
12.9 Michelin SCA
12.10 Goodyear Tire & Rubber Company
12.11 Yokohama Rubber Company
12.12 Pirelli & C. S.p.A.
12.13 DPR Industries Inc.
12.14 Cherry's Industrial Equipment Corp
12.15 Hallstar
12.16 Qualiform, LLC.
12.17 RD Rubber Technology Corporation
12.18 Maxell Kureha Co., Ltd.
List of Tables
1 Global Natural Rubber Market Outlook, By Region (2022-2030) ($MN)
2 Global Natural Rubber Market Outlook, By Type (2022-2030) ($MN)
3 Global Natural Rubber Market Outlook, By Latex Concentrate (2022-2030) ($MN)
4 Global Natural Rubber Market Outlook, By Block Rubber (2022-2030) ($MN)
5 Global Natural Rubber Market Outlook, By Crumd Rubber (2022-2030) ($MN)
6 Global Natural Rubber Market Outlook, By Sheets (2022-2030) ($MN)
7 Global Natural Rubber Market Outlook, By Creeps (2022-2030) ($MN)
8 Global Natural Rubber Market Outlook, By Preserved Latex Concentrates (2022-2030) ($MN)
9 Global Natural Rubber Market Outlook, By Other Types (2022-2030) ($MN)
10 Global Natural Rubber Market Outlook, By Processing Method (2022-2030) ($MN)
11 Global Natural Rubber Market Outlook, By Processed Rubber (2022-2030) ($MN)
12 Global Natural Rubber Market Outlook, By Natural Latex (2022-2030) ($MN)
13 Global Natural Rubber Market Outlook, By Vulcanized Rubber (2022-2030) ($MN)
14 Global Natural Rubber Market Outlook, By Grade (2022-2030) ($MN)
15 Global Natural Rubber Market Outlook, By Technically Specified Rubber (TSR) (2022-2030) ($MN)
16 Global Natural Rubber Market Outlook, By Thick Pale Crepe (TPC) (2022-2030) ($MN)
17 Global Natural Rubber Market Outlook, By Ribbed Smoked Sheets (RSS) (2022-2030) ($MN)
18 Global Natural Rubber Market Outlook, By Other Grades (2022-2030) ($MN)
19 Global Natural Rubber Market Outlook, By Application (2022-2030) ($MN)
20 Global Natural Rubber Market Outlook, By Tires and Tubes (2022-2030) ($MN)
21 Global Natural Rubber Market Outlook, By Footwear (2022-2030) ($MN)
22 Global Natural Rubber Market Outlook, By Industrial Goods (2022-2030) ($MN)
23 Global Natural Rubber Market Outlook, By Medical Supplies (2022-2030) ($MN)
24 Global Natural Rubber Market Outlook, By Adhesives (2022-2030) ($MN)
25 Global Natural Rubber Market Outlook, By Engineering (2022-2030) ($MN)
26 Global Natural Rubber Market Outlook, By Belting and Hose (2022-2030) ($MN)
27 Global Natural Rubber Market Outlook, By Other Applications (2022-2030) ($MN)
28 Global Natural Rubber Market Outlook, By End User (2022-2030) ($MN)
29 Global Natural Rubber Market Outlook, By Automotive (2022-2030) ($MN)
30 Global Natural Rubber Market Outlook, By Healthcare (2022-2030) ($MN)
31 Global Natural Rubber Market Outlook, By Construction (2022-2030) ($MN)
32 Global Natural Rubber Market Outlook, By Consumer Goods (2022-2030) ($MN)
33 Global Natural Rubber Market Outlook, By Other End Users (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY

We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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