World Rubber Industry

The world rubber industry revolves around the production and trade of rubber, primarily used in tires, automotive parts, hoses, and various industrial products. Natural rubber is harvested from rubber trees mainly in Southeast Asia, while synthetic rubber is produced from petroleum resources. The industry is influenced by factors like global demand, technological advancements, and raw material prices. It plays a crucial role in manufacturing and transportation sectors, contributing to the economy of many countries. Overall, the world rubber industry is essential for producing durable, flexible materials across numerous sectors worldwide.