The Rubber Industry in India is growing with its roots deeper. India is the 3rd largest consumer and the largest producer of natural rubber in the world. The growth of the rubber industry in India plays a significant role in the global economy. These factors, along with the high growth of automobile production with many large and medium industries has made India one of the fastest-growing economy globally.
The Rubber Industry has established itself as a major industry in India. In a few years, India is likely to become the second-largest global player in this sector. India ranks high in natural rubber production. It is largely produced in Kerala but its production is growing in North-East India. Both Natural rubber and synthetic rubber play a complementary role in providing the desired end properties to final rubber products made of it.
The Rubber Industry is a dynamic market sector that has grown and changed dramatically over the years through innovation and discovery. Some rubber industry trends are impacting industrial and consumer product manufacturing worldwide. These trends include growing demand for synthetic rubber, the rising popularity of electric vehicles (EVs), ongoing supply chain disruptions, and consumer demand for sustainable rubber products and materials.
