Natural rubber has a wide variety of uses and applications right from automobile industry to flooring, clothing, adhesives, and coatings. The demand for natural rubber is growing each year with market analysts from SpendEdge stating that the global natural rubber market will continue to be in short supply during the forecast period of 2017-2021. The top global producers of natural rubber are mostly from the APAC regions which supply it to regions like Asia, Africa, Latin America, and other emerging industrialized areas. Companies across various industry verticals demand sheet rubber of different chemical and physical properties which are graded as TSR, RSS 1X, RSS 1, RSS 2, RSS 3, RSS 4, and RSS 5. Numerous natural rubber supplier operating in the competitive landscape of the natural rubber market are implementing cutting-edge technologies at processing facilities to expand natural rubber production capacities.
Top Supplier of Natural Rubber
SINOCHEM Corporation is a Chinese conglomerate founded in 1950 that specializes in the production and trading of chemicals and fertilizers and E&P activities of oil. The company operates more than 300 subsidiaries around the world generating revenues of about US$58 billion.
Sri Trang Agro-Industry
Sri Trang Agro-Industry produces a complete range of natural rubber including TSR, RSS, and concentrated latex. Headquartered in Songkhla, Thailand, it is Thailand’s largest and world’s top 5 manufacturers of medical examination gloves. The company has production facility located in Thailand, Indonesia, and Myanmar with a total production capacity of 2.4 million tons per year.
China Hainan Rubber
China Hainan Rubber operates internationally by engaging in planting, processing, and distribution of natural rubber. The group saw an increase in its revenue by 6% to US$1.39 billion, due to improvement in global natural rubber price.
Von Bundit is one of the top natural rubber suppliers with over 50 years of experience in the rubber business. It has six manufacturing facilities in Thailand and employs over 6,000 people worldwide. In 2016, the company was recognized with the YOKOHAMA Supplier Award.
Thai Rubber Latex
Thai Rubber Latex, headquartered in Samutprakarn, Thailand, is the world’s largest manufacturer of latex concentrate. The company also involves in the production of extruded rubber thread, disposable rubber glove, and talcum coated rubber thread.
Read more about the top natural rubber supplier along with pricing trends, sourcing strategies, supplier risks, negotiation strategies, strategic purchasing, and procurement insights in SpendEdge’s upcoming report on the global natural rubber market.