Global Natural Rubber and Gums Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Global Natural Rubber and Gums Market is estimated to be USD XX million in 2017 and predicted to rise to USD XX million by 2022 with a CAGR of XX%. The market is segmented by Product type (Natural Rubber, Natural Gums), Application (Chemical Industry, Textile Industry, Food Industry, Others). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.
The Global Natural Rubber and Gums Market is driven by factors like demand for natural rubber and gum, increasing rubber plantations, rising applications of rubber and gum in food, textile, chemical and other industries, favorable government reimbursements, increasing investments by private companies, new product innovations and technology advancements. However, lack of awareness in some areas, transportation and packing are hampering the growth of the market.
In 2017, Both Rubber and Gum have their prominence equally in the market share either in terms of product or revenue. In application segment, textile industry has the largest revenue and food industry is the fastest growing segment with the highest CAGR.
North America is dominating the Global market due to the presence of large textile, food and chemical industries and favorable government reimbursements. Asia-Pacific has the fastest growing rate due to the rising population and emerging economies like China and India.
Some of the key companies dominating the Global Natural Rubber and Gum Market are Bridgestone, Triveni Chemicals, Indian Natural Rubber, Shivshankar Rubber Products, Habasit, Nature & Nurture Healthcare Pvt. Ltd., Peenal Polyrub, Altrafine Gums, Ananta Polyrubb Pvt. Ltd., Hainan Rubber Group, and Raintree Gum among others.
Browse through the full report at https://marketdataforecast.com/market-reports/natural-rubber-and-gums-market-7431/ and checkout our recent reports in the Food and Beverages category at https://marketdataforecast.com/category/food-and-beverages-3/