Natural Rubber Market Size, Share, Outlook and Forecast to 2031

Pune, India - (NewMediaWire) - March 3, 2023 -  "Natural Rubber" Size, Scope, and Forecast 2023-2031 report has been added to the Market Research Archive of Absolute Reports. Industry experts and researchers have offered an authoritative and concise analysis of the Global Natural Rubber with respect to various aspects such as growth factors, challenges, restraints, developments, trends, and opportunities for growth. This report will surely be a handy tool for market players to come up with effective strategies with the aim of strengthening their positions in the market.

What is the Natural Rubber growth?

Natural rubber is an elastic solid made from natural latex collected from rubber trees, and then made through a series of processing procedures such as coagulation and drying. It is also a natural polymer compound with cis-1,4-polyisoprene as its main component.

Rubber tree belongs to the typical tropical rainforest species with a preference for high temperature and humidity, growing at temperatures between 23-35℃. In terms of growing environment, Vietnam has natural advantages in rubber tree planting due to its unique geographical conditions. In 2021, the national rubber tree planting area of Vietnam is about 1 million hectares, and its planting areas are mainly concentrated in the southeast and central highlands, of which the largest planting area in the southeast is about 572,000 hectares, accounting for 58.3% of the national planting area.

In Vietnam, small rubber farms have become one of the most important parts of the rubber industry, according to Researchers' analysis. Especially in the production of natural rubber, the supply of small rubber farms accounts for more than 60% of the total production.

Vietnam's natural rubber export volume is huge and ranks the third in the world. In the total export volume of Vietnam's agricultural products, natural rubber export volume is second only to food, and natural rubber is one of the important agricultural products exported by Vietnam. The main export markets of Vietnam's natural rubber are China, India and South Korea, among which, China occupies the largest proportion. In 2021, Vietnam exported about 1.52 million tons of rubber to China, accounting for about 71% of the total export volume.

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In addition, the natural rubber industry in Vietnam features that the production of natural rubber in Vietnam is lower than the export volume. In 2021, its production of natural rubber was only 1.23 million tons, which was 0.9 million tons less compared with the export volume. This is because Vietnam’s enterprises actively plant rubber trees not only within their own territory, but also in neighboring countries such as Cambodia and Laos respectively, which are harvested and transported to Vietnam for preliminary processing before export. The production of natural rubber outside Vietnam is not included in the annual production of Vietnam itself, thus causing this unique phenomenon.

Exports value of rubber processed products in 2020 amounted to about USD3.11 billion, or 39.6% of the total value. The export value of rubber wood was USD2.36 billion, accounting for 30.1%. China has become the largest market for Vietnam's rubber exports, accounting for more than half of the country's rubber exports. In 2021, Vietnam's rubber exports value had reached USD3.43 billion.

According to Researchers, Vietnam’s rubber enterprises are expanding their sales markets and improving the production of Vietnam's rubber industry. Due to the wide range of downstream uses of natural rubber and huge global demand, there are many investment opportunities in both cultivation and trade of natural rubber. IT expects Vietnam's natural rubber exports to continue to grow in 2022-2031.

Browse Detailed TOC, Tables and Figures with Charts which is spread across 50 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

Client Focus

1. Does this report consider the impact of COVID-19 and the Russia-Ukraine war on the Natural Rubber?

Yes. As the COVID-19 and the Russia-Ukraine war are profoundly affecting the global supply chain relationship and raw material price system, we have definitely taken them into consideration throughout the research, in Chapters, we elaborate at full length on the impact of the pandemic and the war on the Natural Rubber Industry.

Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this Natural Rubber Industry.

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This report provides a pin-point analysis of changing dynamics and emerging trends in the Global Natural Rubber. Additionally, it provides a futuristic perspective on various factors that are likely to fuel the growth of the Global Natural Rubber in the coming years. Further, the authors of the report have shed light on the factors that may hinder the growth of the Global Natural Rubber.

Natural Rubber - Competitive and Segmentation Analysis:

2. How do you determine the list of the key players included in the report?

With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.

Top Key Players of the Global Natural Rubber

1 Vietnam Rubber Industry Group
2 Truc Quan Joint Stock Company
3 Nam Hai Roller Company Limited
4 75 Rubber One Member Limited Liability Company
5 Ha Thanh Industrial Company Limited
6 A.67 Company Limited
7 Hung Phuoc Loi Company Limited
8 Phuong Vien Trading - Plastic Rubber Production Factory
9 Viet Roll Rubber Rolls Co., Ltd
10 Cao Su Viet Company Limited

Short Description About Natural Rubber:

The Global Natural Rubber is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2031. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

This report studies the Natural Rubber, covering market size for segment by type, by application, by sales channel (Direct Channel, Distribution Channel), and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).

This report provides detailed historical analysis of global market for Natural Rubber from 2015-2020, and provides extensive market forecasts from 2023-2031 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Natural Rubber.

Moreover, the impact of COVID-19 is also concerned. Since outbreak in December 2019, the COVID-19 virus has spread to all around the world and caused huge losses of lives and economy, and the global manufacturing, tourism and financial markets have been hit hard, while the online market/industry increase. Fortunately, with the development of vaccine and other effort by global governments and organizations, the negative impact of COVID-19 is expected to subside and the global economy is expected to recover.

This research covers COVID-19 impacts on the upstream, midstream and downstream industries. Moreover, this research provides an in-depth market evaluation by highlighting information on various aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news & trends. In the end, this report also provides in-depth analysis and professional advices on how to face the post COIVD-19 period.

The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and sub-segments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments.

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3. What are your main data sources?

Both Primary and Secondary data sources are being used while compiling the report.

Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users.Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2023-2031) of the following regions are covered in Chapter 4 and Chapter 7:

• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
• South America (Brazil, Argentina, Columbia etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa

Please find a more complete list of data sources in Chapters

1.To study and analyze the global Natural Rubber consumption (value) by key regions/countries, product type and application

2.To understand the structure of Natural Rubber by identifying its various sub segments.

3.Focuses on the key global Natural Rubber manufacturers, to define, describe and analyze the value, market share, market competition landscape, Porter's five forces analysis, SWOT analysis and development plans in next few years.

4.To analyze the Natural Rubber with respect to individual growth trends, future prospects, and their contribution to the total market.

5.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

6.To project the consumption of Natural Rubber submarkets, with respect to key regions (along with their respective key countries).

7.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

8.To strategically profile the key players and comprehensively analyze their growth strategies.

Customization of the Report

4. Can I modify the scope of the report and customize it to suit my requirements?

Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.

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Detailed TOC of Natural Rubber Market Insights and Forecast to 2031

1 Overview of Vietnam

1.1 Geographical Situation

1.2 Demographic Structure of Vietnam

1.3 Economy of Vietnam

1.4 Minimum Wage in Vietnam, 2011-2021

1.5 Impact of COVID-19 on Vietnam’s Natural Rubber Industry

2 Development Environment of Natural Rubber Industry in Vietnam

2.1 Brief History of Natural Rubbers in Vietnam

2.2 Types of Natural Rubbers in Vietnam

2.3 Policy Environment of Vietnam’s Natural Rubber Industry

3 Supply and Demand Situation of Vietnam’s Natural Rubber Industry

3.1 Supply Situation

3.2 Demand Situation

4 Import and Export Status of Vietnam’s Natural Rubber Industry

4.1 Import Status

4.1.1 Import Volume and Import Value

4.1.2 Main Import Sources

4.2 Export Status

4.2.1 Export Volume and Export Value

4.2.2 Main Export Destinations

5 Market Competition of Vietnam’s Natural Rubber Industry

5.1 Barriers to Entry in Vietnam’s Natural Rubber Industry

5.1.1 Brand Barriers

5.1.2 Quality Barriers

5.1.3 Capital Barriers

5.2 Competition Structure of Vietnam’s Natural Rubber Industry

5.2.1 Bargaining Power of Natural Rubber Suppliers

5.2.2 Bargaining Power of Consumers

5.2.3 Competition in Vietnam’s Natural Rubber Industry

5.2.4 Potential Entrants in the Natural Rubber Industry

5.2.5 Alternatives to Natural Rubbers

6 Analysis of Major Natural Rubber Companies in Vietnam

6.1 Vietnam Rubber Industry Group

6.1.1 Development History of Vietnam Rubber Industry Group

6.1.2 Main Products of Vietnam Rubber Industry Group

6.1.3 Operation Model of Vietnam Rubber Industry Group

6.2 Truc Quan Joint Stock Company

6.2.1 Development History of Truc Quan Joint Stock Company

6.2.2 Main Products of Truc Quan Joint Stock Company

6.2.3 Operation Model of Truc Quan Joint Stock Company

6.3 Nam Hai Roller Company Limited

6.3.1 Development History of Nam Hai Roller Company Limited

6.3.2 Main Products of Nam Hai Roller Company Limited

6.3.3 Operating Model of Nam Hai Roller Company Limited

6.4 75 Rubber One Member Limited Liability Company

6.4.1 Development History of 75 Rubber One Member Limited Liability Company

6.4.2 Main Products of 75 Rubber One Member Limited Liability Company

6.4.3 Operation Model of 75 Rubber One Member Limited Liability Company

6.5 Ha Thanh Industrial Company Limited

6.5.1 Development history of Ha Thanh Industrial Company Limited

6.5.2 Main Products of Ha Thanh Industrial Company Limited

6.5.3 Operation Model of Ha Thanh Industrial Company Limited

6.6 A.67 Company Limited

6.7 Hung Phuoc Loi Company Limited

6.8 Phuong Vien Trading - Plastic Rubber Production Factory

6.9 Viet Roll Rubber Rolls Co., Ltd

6.10 Cao Su Viet Company Limited

7 Outlook on Vietnam’s Natural Rubber Industry, 2022-2031

7.1 Analysis of Vietnam’s Natural Rubber Industry Development Factors

7.1.1 Drivers and Development Opportunities for Vietnam’s Natural Rubber Industry

7.1.2 Threats and Challenges to Vietnam’s Natural Rubber Industry

7.2 Forecast on Vietnam’s Natural Rubber Industry Supply

7.3 Forecast on Vietnam’s Natural Rubber Market Demand

7.4 Forecast on Vietnam’s Natural Rubber Import and Export

Selected Charts

Chart Total Population of Vietnam, 2006-2021

Chart Vietnam’s GDP Per Capita, 2011-2021

Chart Related Policies of Natural Rubber Industry Issued by the Vietnamese Government, 2008-2021

Chart Natural Rubber Production in Vietnam, 2016-2021    

Chart Domestic Consumption of Natural Rubbers in Vietnam, 2005-2021

Chart Import Volume of Natural Rubbers in Vietnam, 2005-2021

Chart Import Value of Natural Rubbers in Vietnam, 2010-2021   

Chart Import Sources and Import Value of Natural Rubbers in Vietnam, 2018-2021

Chart Export Volume of Natural Rubber in Vietnam, 2005-2021

Chart Export Value of Natural Rubber in Vietnam, 2010-2021     

Chart Export Destinations and Export Value of Natural Rubber in Vietnam, 2018-2021   

Chart Forecast on Vietnam’s Natural Rubber Production, 2022-2031  

Chart Forecast on Vietnam’s Domestic Natural Rubber Market Size, 2022-2031

Chart Forecast on Vietnam’s Natural Rubber Import, 2022-2031 

Chart Forecast on Vietnam’s Natural Rubber Export, 2022-2031

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