Natural rubber is a polymeric substance obtained from the sap of specific trees, most notably the Hevea brasiliensis tree, sometimes known as the rubber tree. The sap, also known as latex, is a milky fluid extracted from the tree’s bark. Latex is made up of microscopic, elongated rubber particles that can be coagulated to produce solid rubber.
It is a highly elastic substance with numerous applications due to its distinct qualities. It is incredibly flexible and durable, as well as resistant to wear, tear, and abrasion. It is highly insulating and can be used as a shock absorber or vibration dampener.
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Its characteristics can be altered by the addition of various substances such as accelerators, antioxidants, and fillers. These adjustments, among other things, can improve the rubber’s resilience to heat, chemicals, and UV radiation. Natural and synthetic rubber can be combined to generate hybrid materials with improved qualities.
Thailand, Indonesia, Malaysia, India, Brazil, Ivory Coast, and Nigeria are the top natural rubber-producing countries across the globe.
Key Details About the Natural Rubber Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Natural Rubber price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Natural Rubber Price chart, including India’s Natural Rubber price, USA’s Natural Rubber price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Key Players:
- Sri Trang Agro-Industry Plc
- Thai Hua Rubber Company Limited
- Halcyon Agri
- Von Bundit Co., Ltd
- Southland Rubber Group
Recent News
- Aug 19, 2022: According to Dr. Sawar Dhanania, Chairman of the Rubber Board, the Central Government saw the need to increase natural rubber production in the country by spreading rubber cultivation to non-traditional areas, including the Northeast and traditional regions. The board has designated a large area of land for rubber cultivation in Northeast and West Bengal.
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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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