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Global and China Natural Rubber Industry Report 2016-2020 - In 2016, China's Output of Natural Rubber is Expected to Further Decline by 5.3% to 752,100 Tons

Dublin, Sept. 09, 2016 -- Research and Markets has announced the addition of the "Global and China Natural Rubber Industry Report, 2016-2020" report to their offering.

Since 2011, the global natural rubber market has been in a state of oversupply which reached 220,000 tons in 2011 and about 140,000 tons in 2015. Affected by the growing tapping area of natural rubber in main producing regions, the slowdown in the growth rate of the tire industry and other factors, there will still be a glut of natural rubber worldwide during 2016-2020 and the global glut will be 110,000 tons or so in 2020.

Due to the sluggish global economic growth and the excess supply of natural rubber, the price of natural rubber has been hovering at a low level. As of the end of 2015, China's natural rubber price had fallen to around USD1,140 / ton which was also the cost price. In 2016, the global average price of natural rubber fluctuates at USD1,200-1,500 / ton.

In 2015, China's natural rubber output dropped 5.5% year on year to 794,200 tons. Weather factors confine China's natural rubber planting areas to a limited scope; plus the rubber price lingering on the cost line, more and more farmers have abandoned rubber production. In 2016, China's output of natural rubber is expected to further decline by 5.3% to 752,100 tons.

As the world's largest consumer, China consumed 4.682 million tons of natural rubber in 2015, accounting for 38.5% of the global total. Amid the serious imbalance between supply and demand, China mostly imports natural rubber to meet the additional demand. The import volume rose 4.8% year on year to 2.736 million tons, while the average import price fell 24.5% year on year to USD1,431.6 / ton in 2015.

In the backdrop of the descending rubber price and the downsized rubber plantations, China's automobile industry has been expanding in ownership and new increment, conducing to the ascending rigid demand of the tire industry and the growing demand for natural rubber. In 2016-2020, the contradiction between natural rubber supply and demand in China will further intensify; by 2020, the gap between supply and demand will hit about 5.142 million tons, an increase of 32.3% over 2015.

Restricted by resource distribution, the natural rubber industry is highly centralized in Thailand, Malaysia and other Southeast Asian nations, represented by the key players such as Sri Trang Agro-Industry, Von Bundit, Southland Rubber, Thai Rubber Latex and Sinochem International.

Key Topics Covered:

1 Basic Concept of Natural Rubber

2 Development of Global Natural Rubber Market

3 Development of Chinese Natural Rubber Market

4 Development of Global and China Natural Rubber-related Industries

5 Key Global Players

6 Major Chinese Companies

Companies Mentioned

  • China Hainan Rubber Industry Group Co., Ltd.
  • Guangdong Guangken Rubber Group Co., Ltd.
  • Sinochem International Corporation
  • Southland Rubber Co., Ltd.
  • Sri Trang Agro-Industry Plc.
  • Thai Hua Rubber Public Co., Ltd.
  • Thai Rubber Latex Corporation (Thailand) Public Co., Ltd.
  • Von Bundit Co., Ltd.
  • Yunnan Gaoshen Rubber Co., Ltd.
  • Yunnan State Farms Group Co., Ltd.

For more information about this report visit http://www.researchandmarkets.com/research/5nbsm6/global_and_china

Also Available

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