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United Kingdom Natural Rubber Market Size, Share, Report: By Type: RSS Grade, Latex Concentrate, Solid Block Rubber, Others; By End Use: Tyres and Related products, Latex Products, Footwear, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Value Chain Analysis; Competitive Landscape; 2024-2032
United Kingdom Natural Rubber Market Size
The United Kingdom natural rubber market reached around 281.86 KMT in 2023. The market is projected to grow at a CAGR of 2.7% between 2024 and 2032, reaching almost 358.23 KMT by 2032.
| United Kingdom Natural Rubber Market Summary | Description | Value |
| Base Year | KMT | 2023 |
| Historical Period | KMT | 2018-2023 |
| Forecast Period | KMT | 2024-2032 |
| Market Size 2023 | KMT | 281.9 |
| Market Size 2032 | KMT | 358.23 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 2.7% |
| CAGR 2024-2032 - Market by Region | Scotland | 2.9% |
| CAGR 2024-2032 - Market by Region | Northern Ireland | 2.3% |
| CAGR 2024-2032 - Market by Type | Latex Concentrate | 3.2% |
| CAGR 2024-2032 - Market by End Use | Tyres and Related Products | 3.7% |
| 2023 Market Share by Region | England | 76.7% |
United Kingdom Natural Rubber Market Outlook
- 20-25 kg of rubber is required for manufacturing a truck tyre.
- Devulcanisation is emerging as an important driver of sustainability in the market.
- The demand for natural rubber footwear is expected to record steady growth over the forecast period.
United Kingdom Natural Rubber Market Growth
By 2027, the demand for natural latex gloves in the healthcare industry globally is expected to cross $65 billion. This is expected to drive market players towards adopting sustainable manufacturing practices for making medical gloves. This includes the use of a special natural rubber latex formulation, which results in 50% savings of time and energy. This mixture excludes the presence of naturally occurring rubber proteins, which do not cause any skin allergies. It also ensures 100% product degradation, which makes it an eco-friendly material for producers and consumers and drives the development of the circular economic model of growth.
The rapid growth of automotive manufacturing in the UK is expected to increase the demand for natural rubber in tyre manufacturing substantially. While rubber constitutes 15% of a typical car tyre, it makes up 30% of an average truck tyre. The special performance characteristics attributed to rubber cannot be replicated by most of the existing elements, which makes it a critical raw material for the automotive industry. According to the Society of Motor Manufacturers and Traders, car production in the UK recorded a monthly growth rate of 21% in January 2024. 29,590 units of hybrid and battery electric vehicles were manufactured in the UK. Over 75% of these shipments were exported to other countries, with overseas shipments witnessing a steady monthly growth. This is expected to contribute to the demand for natural rubber in the UK in the coming years.
United Kingdom Natural Rubber Industry Segmentation
United Kingdom Natural Rubber Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
| CAGR 2024-2032 - Market by | Type |
| Latex Concentrate | 3.2% |
| RSS Grade | 2.5% |
| Solid Block Rubber | XX% |
| Others | XX% |
Market Breakup by Type
- RSS Grade
- Latex Concentrate
- Solid Block Rubber
- Others
| CAGR 2024-2032 - Market by | End Use |
| Tyres and Related Products | 3.7% |
| Footwear | 2.3% |
| Latex Products | XX% |
| Others | XX% |
Market Breakup by End Use
- Tyres and Related Products
- Latex Products
- Footwear
- Others
| CAGR 2024-2032 - Market by | Region |
| Scotland | 2.9% |
| Northern Ireland | 2.3% |
| England | XX% |
| Wales | XX% |
Market Breakup by Region
- England
- Wales
- Scotland
- Northern Ireland
United Kingdom Natural Rubber Market Share
Based on region, the market is divided into England, Wales, Scotland, and Northern Ireland. Over the forecast period, Scotland is estimated to grow at a CAGR of 2.90% during 2024-2032 as the adoption of electric vehicles surges.
| 2023 Market Share by | Region |
| England | 76.7% |
| Wales | XX% |
| Scotland | XX% |
| Northern Ireland | XX% |
Leading Companies in the United Kingdom Natural Rubber Market
Amidst increasing economic uncertainty and supply chain disruptions, United Kingdom-based rubber importers are expected to reduce their reliance on Malaysia for natural rubber and diversify their existing supply chain networks.
- Sinochem International Corporation
- WEBER & SCHAER GmbH & Co. KG
- Thai Hua Rubber Public Company Limited
- Num Rubber & Latex Co., Ltd.
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Trade Data Analysis |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Europe Natural Rubber Market Overview
8.1 Key Industry Highlights
8.2 Europe Natural Rubber Historical Market (2018-2023)
8.3 Europe Natural Rubber Market Forecast (2024-2032)
9 United Kingdom Natural Rubber Market Overview
9.1 Key Industry Highlights
9.2 United Kingdom Natural Rubber Historical Market (2018-2023)
9.3 United Kingdom Natural Rubber Market Forecast (2024-2032)
10 United Kingdom Natural Rubber Market by Type
10.1 RSS Grade
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Latex Concentrate
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Solid Block Rubber
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Others
11 United Kingdom Natural Rubber Market by End Use
11.1 Tyres and Related Products
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Latex Products
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Footwear
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 United Kingdom Natural Rubber Market by Region
12.1 England
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Wales
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Scotland
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Northern Ireland
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators of Demand
13.4 Key Indicators of Price
14 Value Chain Analysis
15 Trade Data Analysis (HS Code – 4001)
15.1 Major Exporting Countries
15.1.1 By Value
15.1.2 By Volume
15.2 Major Importing Countries
15.2.1 By Value
15.2.2 By Volume
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Sinochem Internation Corporation
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 WEBER & SCHAER GmbH & Co. KG
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Thai Hua Rubber Public Company Limited
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Num Rubber & Latex Co., Ltd.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Europe Natural Rubber Market: Key Industry Highlights, 2018 and 2032
2. United Kingdom Natural Rubber Market: Key Industry Highlights, 2018 and 2032
3. United Kingdom Natural Rubber Historical Market: Breakup by Type (KMT), 2018-2023
4. United Kingdom Natural Rubber Market Forecast: Breakup by Type (KMT), 2024-2032
5. United Kingdom Natural Rubber Historical Market: Breakup by End Use (KMT), 2018-2023
6. United Kingdom Natural Rubber Market Forecast: Breakup by End Use (KMT), 2024-2032
7. United Kingdom Natural Rubber Historical Market: Breakup by Region (KMT), 2018-2023
8. United Kingdom Natural Rubber Market Forecast: Breakup by Region (KMT), 2024-2032
9. Major Exporting Countries by Value
10. Major Importing Countries by Value
11. Major Exporting Countries by Volume
12. Major Importing Countries by Volume
13. United Kingdom Natural Rubber Market Structure
Key Questions Answered in the Report
The market was valued at nearly 281.86 KMT in 2023.
The market is projected to grow at a CAGR of 2.7% between 2024 and 2032.
The market is assessed to witness a healthy growth in the forecast period to reach around 358.23 KMT in 2032.
The different types of natural rubber in the market include RSS grade, latex concentrate, and solid block rubber, among others.
The different end uses of natural rubber include tyres and related products, latex products, and footwear, among others.
The different regions in the market include England, Wales, Scotland, and Northern Ireland.
The key market players are Sinochem International Corporation, WEBER & SCHAER GmbH & Co. KG, Thai Hua Rubber Public Company Limited, and Num Rubber & Latex Co., Ltd., among others.
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