Originally Published on: SpendEdge |Top 5 Global Natural Rubber Suppliers
Unveiling the Key Players and Market Dynamics
Natural rubber, a versatile material with applications ranging from automobiles to clothing, is witnessing increasing demand. Market analysts project a continued shortage in the global natural rubber market from 2017 to 2021. The leading global suppliers primarily hail from the APAC region, catering to Asia, Africa, Latin America, and emerging industrialized areas. The demand for different grades of sheet rubber, such as TSR, RSS 1X, RSS 1, RSS 2, RSS 3, RSS 4, and RSS 5, comes from various industries. Suppliers in the competitive natural rubber market are incorporating advanced technologies to enhance production capacities.
Top Natural Rubber Suppliers
Sinochem
- Overview: SINOCHEM Corporation, a Chinese conglomerate founded in 1950, specializes in chemical and fertilizer production, as well as oil exploration and production.
- Global Presence: Operates over 300 subsidiaries worldwide, generating approximately US$58 billion in revenues.
Sri Trang Agro-Industry
- Profile: A leading Thai company producing a comprehensive range of natural rubber, including TSR, RSS, and concentrated latex.
- Diversification: Apart from rubber, it is one of the world’s top five manufacturers of medical examination gloves.
- Production Facilities: Operates facilities in Thailand, Indonesia, and Myanmar, with a total capacity of 2.4 million tons per year.
China Hainan Rubber
- International Operations: Engages in planting, processing, and distribution of natural rubber globally.
- Financial Performance: Experienced a 6% revenue increase to US$1.39 billion, attributed to improvements in the global natural rubber price.
Von Bundit
- Experience: Boasting over 50 years in the rubber business, Von Bundit is a prominent natural rubber supplier.
- Facilities: Operates six manufacturing facilities in Thailand and employs over 6,000 people globally.
- Recognition: Received the YOKOHAMA Supplier Award in 2016.
Thai Rubber Latex
- Leadership: Based in Samutprakarn, Thailand, it holds the title of the world’s largest latex concentrate manufacturer.
- Product Range: Besides latex concentrate, the company is involved in producing extruded rubber thread, disposable rubber gloves, and talcum-coated rubber thread.
