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World - Synthetic Latex Rubber - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

World - Synthetic Latex Rubber - Market Analysis, Forecast, Size, Trends And Insights

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Dec 25, 2023

Top Import Markets for Synthetic Latex Rubber

Synthetic latex rubber, a key component in various industries such as automotive, construction, and healthcare, is in high demand across the world. This versatile material is widely used for the production of adhesives, coatings, foam, and various other applications. As a result, several countries have emerged as major import markets for synthetic latex rubber, demonstrating their significant contribution to the global trade of this commodity.

1. Malaysia: Leading the Global Synthetic Latex Rubber Import Market

With an import value of $557.7 million in 2022, Malaysia takes the top spot as the largest importer of synthetic latex rubber worldwide. This Southeast Asian nation has established itself as a hub for the rubber industry, with extensive production and processing facilities. Malaysia's strategic location and well-developed infrastructure make it an ideal trading partner for various countries.

2. China: A Growing Demand for Synthetic Latex Rubber

China follows closely as the second-largest importer of synthetic latex rubber, with an import value of $423.9 million in 2022. The country's booming manufacturing sector, especially in industries such as automotive and electronics, drives the demand for synthetic latex rubber. As China continues to strengthen its industrial capabilities, the need for this commodity is expected to grow further.

3. Thailand: A Key Importer in Southeast Asia

Thailand ranks third on the list of top importers of synthetic latex rubber, with an import value of $209.4 million in 2022. The country's well-established rubber industry and significant domestic consumption contribute to its strong position in the global import market. Thailand's proximity to other emerging economies in Southeast Asia also makes it an important trade partner in the region.

4. United States: Meeting Domestic Demand

The United States stands as the fourth-largest importer of synthetic latex rubber, importing $141.7 million worth of the commodity in 2022. The country's robust manufacturing sector, particularly in the automotive and construction industries, drives the demand for synthetic latex rubber. While the United States has substantial domestic production capabilities, it relies on imports to meet its growing consumption needs.

5. Belgium: A Strategic Gateway to Europe

Belgium holds a significant position in the global import market for synthetic latex rubber, importing $109.1 million worth of the commodity in 2022. This European nation serves as a strategic gateway to the European Union, facilitating trade between various countries. Belgium's well-developed infrastructure and strategic location contribute to its role as a major import market for synthetic latex rubber.

6. Turkey: A Growing Market for Synthetic Latex Rubber

Turkey demonstrates a growing demand for synthetic latex rubber, with an import value of $102.2 million in 2022. The country's expanding manufacturing sector, coupled with its thriving automotive industry, fuels the need for this versatile material. Turkey's geographical proximity to major regional markets, such as Europe and the Middle East, positions it as a significant importer in the global market.

7. Germany: Meeting Industrial Demand

Germany imports synthetic latex rubber worth $98.5 million, securing its place as one of the key importers globally. The country's robust industrial sector, spanning automotive, construction, and healthcare, drives the demand for this material. Germany's focus on innovation and technological advancement further amplifies the need for high-quality synthetic latex rubber imports.

8. Vietnam: Rising Importer in Southeast Asia

Vietnam emerges as a rising importer of synthetic latex rubber, with an import value of $89.5 million in 2022. The country's rapid industrialization and expanding manufacturing base contribute to the growing demand for this commodity. Vietnam's accessibility to international shipping routes and its competitive production costs make it an attractive market for synthetic latex rubber imports.

9. Indonesia: Sustaining Domestic Industries

Indonesia imports synthetic latex rubber worth $86.3 million, supporting its domestic industries and driving economic growth. The country's strong presence in the construction and automotive sectors creates a significant demand for this material. Despite being a major producer of natural rubber, Indonesia relies on imports to meet the specific requirements of its diverse industries.

10. Netherlands: Importing Synthetic Latex Rubber

The Netherlands concludes the list of top import markets for synthetic latex rubber, with an import value of $84.9 million in 2022. As a major trading nation, the Netherlands serves as a crucial gateway to Europe and facilitates trade between various countries. The country's strong logistics infrastructure and well-connected supply chains contribute to its prominent position in the global import market.

These top import markets for synthetic latex rubber play a vital role in meeting the growing global demand for this versatile material. They not only support their domestic industries but also serve as important trading partners for countries across the globe.

For comprehensive market insights and data on various industries, including synthetic latex rubber, businesses can rely on the IndexBox market intelligence platform. With its extensive database and analytical tools, IndexBox provides key statistics and trends to help businesses make informed decisions and stay ahead in the competitive market.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global synthetic latex rubber market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20171050 - Synthetic latex rubber

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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