Natural Rubber Market Size and Share

Natural Rubber Market Analysis by Mordor Intelligence
The natural rubber market was valued at USD 31.70 billion in 2025 and is estimated to grow from USD 34.10 billion in 2026 to USD 48.12 billion by 2031, at a CAGR of 7.13% during the forecast period (2026-2031). Electric vehicle (EV) platforms require more natural rubber per radial tire than internal combustion engine models, driving changes in tire-grade demand profiles and tightening the supply of commodity-grade rubber. Additionally, post-pandemic contract manufacturing of medical gloves in Malaysia, Thailand, and India has secured multi-year latex off-take agreements, reducing demand fluctuations. Africa is emerging as a key growth region, with countries including Côte d’Ivoire and Cameroon expanding production and building processing capacity to enable direct shipments to European and Chinese compounders. Export flows remain concentrated, with Asia-Pacific and African exporters experiencing growth as Ivorian and Cameroonian estates supply technical-specification rubber directly to these markets.
Key Report Takeaways
- By geography, Asia-Pacific held 92.0% of the natural rubber market share in 2025, and Africa is forecast to deliver the fastest 8.4% CAGR through 2031.
Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.
Global Natural Rubber Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Increased Tire Demand Driven by Electric Vehicles | +1.2% | Global, with peaks in Asia-Pacific, Europe, and North America | Short term (≤ 2 years) |
| Rebound in Chinese Construction and Mining Activities | +0.8% | Asia-Pacific core, concentrated in China | Short term (≤ 2 years) |
| Expansion of Medical Glove Production Capacities | +0.6% | Asia-Pacific, led by Malaysia, Thailand, and India | Medium term (2-4 years) |
| Carbon-credit monetization for smallholders | +0.9% | Asia-Pacific, focused on Asia-Pacific nations and India | Medium term (2-4 years) |
| AI-enabled precision tapping and yield jump | +0.5% | Asia-Pacific core, early adoption in Thailand and Indonesia | Medium term (2-4 years) |
| Infrastructure boom in Asia-Pacific and India | +0.4% | Global, with emphasis on Asia-Pacific, Africa, and South America | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Increased Tire Demand Driven by Electric Vehicles
The adoption of electric vehicles is transforming the rubber market, as specialized electric-vehicle tires require thicker sidewalls and advanced tread compounds, increasing natural rubber use per tire by 15%. Tire manufacturers are using real-time vehicle registration data to optimize just-in-time raw material supply chains. As battery-electric vehicles gain market share in Europe and North America, forward purchasing by tier-one manufacturers is reducing spot availability and maintaining a premium segment within the natural rubber market. In 2024, Continental expanded the production capacity of its tire plant in Rayong, Thailand, by 3 million units annually, with a total investment exceeding EUR 300 million (USD 355.7 million). Supported by the Board of Investment of Thailand under its Investment Stimulation Measure for Economic Recovery Scheme, this aligns with Continental’s growth strategy in Thailand and the Asia-Pacific region. This shift is redirecting latex flows toward high-performance radial grades, tightening the supply of commodity technical-specification rubber.
Rebound in Chinese Construction and Mining Activities
China's fixed-asset investment has increased, driven by infrastructure projects as provincial governments accelerated bond issuance to fund highway, rail, and urban transit developments. Mining activities in Inner Mongolia and Xinjiang have driven higher demand for abrasion-resistant compounds, leading to growth in the supply of rubber parts by equipment manufacturers. This multi-sector demand has expanded non-tire applications, enabling producers to diversify revenue streams by supplying technical-grade sheets. Estates and processors capable of maintaining mechanical-property stability have gained a competitive advantage in the natural rubber market. Renewed orders for mining belts and conveyor applications that utilize natural rubber for its tear resistance and heat dissipation have been reported from coal and copper operations in Inner Mongolia and Yunnan. While this cyclical upturn remains geographically concentrated with limited impact on other regions, it has absorbed surplus Thai and Indonesian technical-specification rubber stockpiled in bonded warehouses during the 2023 slowdown.
Expansion of Medical Glove Production Capacities
Malaysia's rubber exports have increased as manufacturers finalize capacity expansions initiated during the pandemic and transition to higher-margin nitrile-natural rubber blends for surgical and examination gloves. Thailand's glove industry, traditionally smaller, is now growing, with new production lines in the Songkhla and Surat Thani provinces supported by multi-year latex supply agreements. In India, the Rubber Board reported that domestic glove manufacturers have significantly utilized natural rubber latex, with local production replacing imports and capturing a larger share of the domestic healthcare market. These developments help stabilize a portion of demand, reducing reliance on automotive and industrial cycles. This, in turn, lowers volatility in estate-gate prices and provides smallholders with more stable income streams, although it also consolidates buyer power among a few large glove manufacturers.
Infrastructure Boom in Asia-Pacific and India
India's Ministry of Road Transport and Highways has allocated USD 8.54 billion to rubber-related initiatives for the fiscal years 2024-2025 and 2025-2026, a 23% increase over the previous two-year period[1]Source: Ministry of Road Transport and Highways, Government of India, “Budget Allocation 2024-2025,” morth.nic.in. This funding aims to support the planting of 12,000 hectares in traditional areas and 3,752 hectares in non-traditional zones, enhancing domestic rubber supply for highway construction and industrial applications. The Bharatmala Pariyojana program, which aims to develop 83,677 kilometers of highways by 2027, is driving increased natural rubber consumption in applications such as asphalt modification and expansion joint seals. These applications favor domestically produced ribbed smoked sheets over imported technical-specification rubber. Similarly, Indonesia's Trans-Sumatra Toll Road, which added 400 kilometers of new pavement in 2024, boosted the use of locally processed crumb rubber. Project delays and land-acquisition disputes have slowed incremental consumption growth.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Leaf-blight, white-root and other diseases | -0.9% | Southeast Asia, risk of wider spread | Medium term (2-4 years) |
| Volatile crude-oil-linked synthetic substitute pricing | -0.7% | Global price-sensitive markets | Short term (≤ 2 years) |
| Aging tapper workforce and labor scarcity | -0.8% | Southeast Asia, growing elsewhere | Long term (≥ 4 years) |
| Land-use and anti-deforestation regulations | -0.6% | European Union-exporting regions worldwide | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Volatile Crude-Oil-Linked Synthetic Substitute Pricing
Synthetic styrene-butadiene rubber prices have risen as crude oil prices declined and butadiene cracker margins tightened, reducing the cost advantage of natural rubber in passenger-tire tread compounds. In synthetic rubber markets, tire manufacturers can replace natural rubber in blended formulations without affecting rolling resistance or wet grip, as confirmed by Michelin and Bridgestone engineers in their 2024 technical disclosures. This substitution limits the potential for natural rubber price increases, with Thai prices remaining constrained even during supply shortages, as buyers shift to synthetic alternatives when premiums surpass a critical threshold. Crude oil price volatility, influenced by Organization of the Petroleum Exporting Countries (OPEC) production decisions and geopolitical disruptions, directly impacts natural rubber demand, complicating estate investment strategies and smallholder income planning.
Aging Tapper Workforce and Labor Scarcity
Thailand's rubber industry employs over 6 million individuals across 1.6 million farming households. By 2024, the median age of rubber tappers had surpassed 50 years, while rural youth migration to urban manufacturing and service jobs reduced the labor pool by 8% annually [2]Source: Thai Rubber Association, “Employment and Production Statistics 2024,” thainr.com. Rubber estates in southern Thailand increasingly depend on migrant workers from Myanmar, Cambodia, and Lao PDR, who now form the majority of the tapping workforce. Stricter border controls and wage competition from the construction and seafood-processing industries have driven up daily wages for tappers. Similarly, Indonesia is experiencing comparable challenges, with tapir wages in Sumatra increasing by 18% between 2023 and 2024, as palm oil estates offer higher wages for less physically demanding work. In the absence of mechanization or robotic tapping systems, which remain financially unfeasible for smallholders, labor shortages are projected to limit yield potential even for high-productivity clones, thereby restricting supply growth below demand trends.
Geography Analysis
In 2025, the Asia-Pacific region accounted for 92.0% of the natural rubber market, driven by decades of investment in plantations and smallholder cultivation across Thailand, Indonesia, Vietnam, India, and Malaysia. Thailand held a significant share of global output, but natural rubber production stagnated due to challenges such as a Lasiodiplodia theobromae leaf blight outbreak, which significantly reduced yields in the northeast, and an aging tapper workforce that increased daily wages. Indonesia experienced modest production gains from replanting programs. White root disease affected over 15% of mature estates in Sumatra, limiting yields and forcing growers to abandon infected plots. Vietnam Rubber Group expanded its cross-border estates in Laos and Cambodia by 2028 to circumvent domestic land-use restrictions. Meanwhile, India's Rubber Board allocated substantial funds for fiscal years 2024-2025 and 2025-2026 to develop plantations in both traditional and non-traditional zones, aiming to boost domestic rubber production.
Africa is the fastest-growing region in the natural rubber market, with Côte d’Ivoire and Cameroon playing significant roles. The region is projected to grow at a compound annual growth rate (CAGR) of 8.4% through 2031. Côte d'Ivoire has significantly increased its output, planning to add 500,000 hectares of plantations over the next decade, aiming to reach an annual production of 2.5 million tons by 2033 [3]Source: Association des Producteurs de Caoutchouc Naturel de Côte d’Ivoire, “Strategic Expansion Plan 2023,” APROMAC, apromac.ci. Michelin's SIPH subsidiary operates large estates in Côte d'Ivoire and Nigeria, contributing notably to production volumes in 2024. South Africa, Egypt, and Nigeria are experiencing significant annual increase in rubber consumption, driven by the expansion of tire manufacturing capacity. Domestic production remains insufficient, leading to higher import dependence and creating opportunities for exporters from Côte d'Ivoire and Cameroon. Africa benefits from factors such as disease-free land and a younger labor force, which help address the biological and demographic challenges Southeast Asia faces. Nevertheless, infrastructure deficits and quality-control issues require continued investment in processing facilities and agronomic extension services to compete effectively with established suppliers from Thailand and Indonesia.
The European natural rubber market is experiencing steady growth, driven by rising demand for electric-vehicle tires as battery-electric passenger car registrations increase despite broader challenges in the automotive sector. Germany, France, and Italy collectively import significant volumes of natural rubber, primarily from Thailand, Indonesia, and Côte d'Ivoire. In North America, the natural rubber market is also expanding steadily. The United States imports substantial volumes, while Mexico produces modest amounts domestically and imports additional supplies to meet the demand of the United States-Mexico-Canada Agreement (USMCA) tire market. Bridgestone's guayule facility in Mesa, Arizona, began commercial production in 2024, producing small volumes of domestically grown natural rubber. The facility aims to expand cultivation by 2030, offering a drought-resistant alternative that reduces reliance on imports.

Competitive Landscape
The natural rubber industry remains dominated by producers, importers, and exporters, with significant market activity projected for 2025. Smallholder plots supply a substantial portion of global output, and the labor-intensive nature of latex collection limits mechanization. This fragmentation prevents the emergence of dominant players capable of dictating pricing or quality standards. Sri Trang Agro-Industry, one of the largest integrated producers, reported notable revenue during the first nine months of 2025. The company's expanded processing capacity highlights the challenges of consolidating a supply base spread across millions of smallholdings. Halcyon Agri exemplifies the industry's vulnerability to commodity-price volatility and the limited bargaining power of even large processors against tire manufacturers, who can substitute synthetic alternatives. Vietnam Rubber Group is addressing domestic land constraints by expanding cross-border estates in Laos and Cambodia. Meanwhile, Michelin's SIPH plantation network and Von Bundit are leveraging vertical integration and traceability certifications to attract premium-paying buyers in Europe and North America, where regulatory pressures demand deforestation-free sourcing.
Opportunities in the natural rubber industry are increasingly focused on technology-driven yield improvements and carbon-credit monetization. As of early 2025, fewer than 500 hectares were under sensor-guided tapping, despite pilot projects demonstrating significant yield gains. Bridgestone's guayule program, which began commercial production in Mesa, Arizona, in 2024, aims to expand cultivation by 2030. This initiative offers a disruptive alternative to traditional natural rubber by bypassing tropical land constraints and providing drought resilience, though production costs remain significantly higher than conventional methods. Additionally, blockchain-based traceability platforms introduced by Continental and Michelin in 2024 are helping differentiate certified sustainable rubber in European markets. The European Union Deforestation Regulation mandates GPS-verified sourcing, creating a two-tier pricing structure that rewards compliant estates with premiums while marginalizing uncertified smallholders.
Smaller African producers, particularly in Côte d'Ivoire and Cameroon, are experiencing rapid growth as they cater to buyers seeking to diversify their supply away from Southeast Asia. However, infrastructure deficits and limited access to high-yielding clones hinder their ability to match the quality standards of Thai and Indonesian producers. This creates opportunities for technology providers and agronomic service companies to address these capability gaps and support the development of competitive production in these regions.
Recent Industry Developments
- August 2025: The Rubber Authority of Thailand (RAOT) allocated 2.8 billion baht (USD 88,621.68) to support rubber farmers through tree felling and replanting projects. Farmers initially used their own funds and received reimbursements later. The initiative aimed to enhance productivity and sustainability, with disbursements set for completion by mid-September. This effort is part of the government's strategy to stabilize farmer incomes amid fluctuating rubber prices through price guarantees and development programs.
- October 2024: Continental AG invested EUR 300 million (USD 355.7 million) to expand its tire manufacturing facility in Rayong, Thailand. The expansion added two production lines for electric vehicle original-equipment tires with higher natural rubber content. The company aims to achieve significant annual production capacity by late 2025 to support Chinese and European automakers scaling up battery-electric vehicle platforms.
- August 2024: The United States National Science Foundation funded the establishment of the “Transformation of American Rubber through Domestic Innovation for Supply Security” (TARDISS) Engineering Research Center (ERC). The initial funding will cover a five-year period, with the possibility of renewal for an additional USD 26 million for another five years.
Research Methodology Framework and Report Scope
Market Definitions and Key Coverage
Our study defines the natural rubber market as the annual value generated from harvesting latex, primary processing into sheet, block, or concentrated latex, and the first commercial sale of those grades to tire, glove, footwear, industrial goods, and allied converters. We track production volumes, average realization, and trade flows for all major producing and consuming nations, thereby offering a single comparable revenue pool.
Scope Exclusions: Specialty reclaimed rubber, synthetic or bio-based rubber, and downstream finished goods margins are outside the numerical baseline.
Segmentation Overview
- By Geography
- North America
- United States
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Canada
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- United States
- Europe
- France
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Germany
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Italy
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- France
- Asia-Pacific
- China
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- India
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Japan
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Malaysia
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Thailand
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Indonesia
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- China
- South America
- Brazil
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Chile
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Brazil
- Middle East
- Saudi Arabia
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Turkey
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Saudi Arabia
- Africa
- South Africa
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- South Africa
- North America
Detailed Research Methodology and Data Validation
Primary Research
Our team ran structured interviews with plantation managers across Southeast Asia, procurement heads at global tire OEMs, and latex glove exporters in Africa and South America. These discussions clarified tapper productivity, new sustainability premiums, and realistic average selling prices, which we folded back into the model after reconciling them with desk findings.
Desk Research
We began with public statistics from bodies such as the International Rubber Study Group, FAO, USDA, and UN Comtrade, because these datasets give us harmonized production, yield, and trade trends. Government agriculture ministries, central banks, and regional tire associations then helped us capture demand inflection points tied to currency swings and vehicle build schedules. To enrich those open sources, our analysts accessed D&B Hoovers for producer financials, Volza for container-level shipment records, and Dow Jones Factiva for price and policy alerts that moved markets week by week. Company filings, investor decks, and peer-reviewed agronomy journals were mined next to understand cost curves and disease pressures. The sources named are illustrative, and many other repositories fed the evidence stack used for checks and balances.
Market-Sizing & Forecasting
We apply a top-down construct built from country production, import, and inventory data, which are then converted with consensus ASPs to value terms. Selective bottom-up roll-ups, such as sampled estate yields or regional tire plant off-take, serve as sense checks and fill gaps where customs codes blur distinctions. Key variables powering the forecast include replanting rates, automotive build forecasts, latex glove capacity additions, synthetic-to-natural substitution spreads, and deforestation policy timelines. Multivariate regression with scenario analysis projects each driver, letting us stress test high and low acreage outcomes before locking the base case.
Data Validation & Update Cycle
Model outputs pass three rounds of analyst review, variance screens versus historical ratios, and follow-up calls when anomalies exceed set thresholds. Mordor Intelligence refreshes the dataset yearly, with interim updates issued if disease outbreaks, trade bans, or price shocks materially alter the outlook.
Why Mordor's Natural Rubber Baseline Earns Decision-Maker Confidence
Published numbers vary because firms choose differing latex grades, currency conversions, and refresh cadences. We acknowledge the spread and preview below how scope, variables, and checking rigor explain the gaps.
Key gap drivers include some publishers bundling synthetic rubber, others counting only plantation gate sales, and a few relying on limited producer interviews without cross-checking customs or price series. Our disciplined inclusion criteria, yearly refresh, and twin-track validation give buyers a figure they can trace and defend.
Benchmark comparison
| Market Size | Anonymized source | Primary gap driver |
|---|---|---|
| USD 48.5 B (2025) | Mordor Intelligence | |
| USD 31.1 B (2024) | Global Consultancy A | Omits glove and footwear demand; narrow producer sample; limited currency normalization |
| USD 56.2 B (2024) | Industry Publisher B | Blends latex derivatives and partial synthetic grades; minimal customs reconciliation |
| USD 19.73 B (2023) | Trade Journal C | Tracks procurement spend only, excluding downstream channel revenues |
From the comparison, buyers see that our balanced, well-scoped number sits between aggressive and conservative peers, is underpinned by transparent variables, and is refreshed often enough to remain actionable. Mordor analysts believe this makes our baseline the most dependable starting point for strategic decisions.
Key Questions Answered in the Report
What is the projected value of the natural rubber market in 2031?
The natural rubber market size is forecast to reach USD 48.12 billion by 2031.
How fast is Africa's output growing?
Africa's supply is expanding at an 8.4% CAGR, the fastest of any region, driven by Côte d'Ivoire and Cameroon investments.
Why do electric vehicle tires use more natural rubber?
Higher torque and battery weight in electric vehicle require thicker sidewalls and reinforced tread compounds, raising natural rubber content by 10% to 15%.
What role do carbon credits play for smallholders?
Agroforestry-based carbon credits can add roughly USD 100 per hectare annually, boosting farmer income and incentivizing sustainable practices.



