Market Size, Share Global Outlook and Forecast 2025-2032 Publication Date: April 29 , 2025
Natural Rubber Market Overview
Natural rubber sales reached 13.4 million metric tons (K MT) globally in 2022, and projections indicate an increase to 14.1 million K MT by 2029
underpinned by rising demand in emerging economies and consistent expansion in the automotive and industrial goods sectors.
Asia dominates global demand, particularly China, Southeast Asia, and India. Together, these regions represent over 65% of global consumption,
influenced by their robust manufacturing capabilities, expanding infrastructure, and high population density driving consumer goods demand.
Market Value & Growth Projections
Market Value & Growth Projections:
• Global Market Value (2022): US$ 28,720 Million
• Projected Market Value (2029): US$ 31,310 Million
• CAGR (2024-2029): 1.2%
Key Market Drivers:
Boom in the Automotive Industry:
Industrial Expansion in Emerging Markets:
Market Segmentation
By Type
Technically Specified Rubber (TSR)
Latex
Others By Application
Industrial
Consumer Goods
By Region
North America
Europe
Middle East & Africa
Key Market Players
Von Bundit
Thai Hua Rubber
Southland Holding
Sri Trang AgroIndustry
Regional Market Analysis
North America
The U.S. and Mexico are major importers, with the automotive OEM and aftermarket tire sectors being the primary consumers.
Europe
Europe, particularly Germany, France, and the UK, has a high demand for eco-friendly rubber products, especially in the automotive, medical, and consumer goods sectors.
Asia-Pacific
China, accounting for over 35% of global demand, continues to lead due to its massive automotive, construction, and industrial machinery sectors. Despite slowdowns in real estate, demand for tires and medical products remains high.
LinkedIn: https://www.linkedin.com/company/24 chemicalresearchold/posts/ Facebook: https://www.facebook.com/24chemicalr esearch/ X: https://x.com/24Chemical
