Exploring the Global Landscape of Natural Rubber: Leading Suppliers and Market Dynamics
Originally Published on: SpendEdge |Top 5 Global Natural Rubber Suppliers
Unlocking Insights into Key Players and Industry Trends
The surging demand for natural rubber, a versatile material utilized in diverse applications, is reshaping the global market. Analysts anticipate a prolonged shortage in the natural rubber market from 2017 to 2021. Predominantly situated in the APAC region, the top suppliers cater to Asia, Africa, Latin America, and emerging industrial hubs. Industries seek various grades of sheet rubber, such as TSR, RSS 1X, RSS 1, RSS 2, RSS 3, RSS 4, and RSS 5. In a competitive landscape, suppliers are embracing advanced technologies to augment production capacities.
Leading the Natural Rubber Market
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Sinochem
- Corporate Profile: SINOCHEM Corporation, founded in 1950, is a Chinese conglomerate specializing in chemical, fertilizer production, and oil exploration.
- Global Footprint: With over 300 subsidiaries, it generates around US$58 billion in revenues.
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Sri Trang Agro-Industry
- Corporate Identity: A prominent Thai company producing a diverse range of natural rubber, including TSR, RSS, and concentrated latex.
- Diverse Portfolio: Recognized as one of the world's top five manufacturers of medical examination gloves.
- Production Prowess: Operates facilities in Thailand, Indonesia, and Myanmar, boasting a total capacity of 2.4 million tons annually.
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China Hainan Rubber
- Global Engagement: Involved in planting, processing, and global distribution of natural rubber.
- Financial Resilience: Witnessed a 6% revenue surge to US$1.39 billion, attributed to improvements in global natural rubber prices.
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Von Bundit
- Legacy of Excellence: With over 50 years in the rubber industry, Von Bundit stands as a distinguished natural rubber supplier.
- Manufacturing Network: Operates six state-of-the-art facilities in Thailand, employing over 6,000 people globally.
- Industry Recognition: Honored with the YOKOHAMA Supplier Award in 2016.
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Thai Rubber Latex
- Industry Leadership: Headquartered in Samutprakarn, Thailand, it claims the title of the world's largest latex concentrate manufacturer.
- Diverse Offerings: Engaged in the production of extruded rubber thread, disposable rubber gloves, and talcum-coated rubber thread.
Embark on a comprehensive exploration of the global natural rubber market with these influential suppliers shaping industries worldwide.
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