Rubber fell to 163.90 USD Cents / Kg on July 4, 2025, down 0.85% from the previous day. Over the past month, Rubber's price has risen 2.44%, and is up 0.24% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Rubber - values, historical data, forecasts and news - updated on July of 2025.

As of April 2025, the average monthly global price of rubber was 2.13 U.S. dollars per kilogram. The average annual price of natural rubber at the Singapore Commodity Exchange in 2024 was 2.28 U.S. dollars per kilogram. Rubber as a commodity: many end uses Rubber is a widely used material, in both naturally and synthetically sourced forms. Companies use it in the manufacturing of tires and tubes, rubber gloves, latex condoms, erasers, in adhesives and coatings, nozzles, as elastic material in clothing, and more. Accordingly, rubber is an important commodity due to its numerous uses in everyday items.   Rubber prices and rubber producers As with other internationally traded commodities that have relatively low market prices, low rubber prices have a negative impact on the rubber producers themselves. The resulting issues of poverty for natural rubber producers has led to the creation of the Fair Rubber Association (FRA), a multi-stakeholder association that aims to improve the lives and working conditions of the primary producers by utilizing Fair Trade principles.

Graph and download economic data for Global price of Rubber (PRUBBUSDM) from Jan 1990 to May 2025 about rubber, World, and price.

This statistic shows the worldwide commodity price baseline for natural rubber from 2011 to 2015, with an estimate for 2016 and a projection for 2017. In 2011, the commodity price baseline for natural rubber was some 480.72 U.S. cents per kilogram. It is estimated to have decreased to 130 U.S. cents per kilogram in 2016, before a projected increase to 135 U.S. cents per kilogram in 2017.

The USA natural rubber market experienced notable price fluctuations in Q1 2025, influenced by supply dynamics, global trade policies, and demand-side uncertainties. January began with a sharp price decline due to ample supply, competitive offers from Asian suppliers, and high inventory levels. Buyers held significant leverage, securing favorable Q1 contracts amid weak consumer demand and economic caution, as reflected in a 1.2% drop in retail sales.

The natural rubber market attained a value of USD 31.68 Billion as of 2024 and is anticipated to grow at a CAGR of 3.50% during the forecast period of 2025 to 2034. Increasing demand from the automotive sector, particularly for tires and parts, is one of the main drivers of the global natural rubber market, led by growing vehicle production and growing transport networks in the emerging world. The market is thus expected to reach a value of nearly USD 44.69 Billion by 2034.

The average price of rubber at the Singapore Commodity Exchange (SICOM) in 2024 was **** U.S. dollars per kilogram. Between 2010 and 2024, the average price of rubber reached a high in 2011 of **** U.S. dollars per kilogram. In 2024, the highest monthly price of rubber was in September, at **** U.S. dollars per kilogram.
Rubber prices and producers worldwide Global rubber prices have experienced significant fluctuations in the 21st century, peaking in 2011 due to a higher demand from emerging markets, and supply constraints. These prices gradually recovered due to an increase in rubber tree cultivation and a slowdown in global demand. The increase in synthetic rubber production in China and the United States over the last two decades has similarly helped facilitate the stabilization of the global price of natural rubber through a supply increase. In 2023, Thailand was the largest natural rubber exporter in the world, with an export value totaling *** billion U.S. dollars. This accounted for roughly ** percent of the global value of natural rubber exports in 2023. The second-largest exporter in 2023 was Indonesia, which exported *** billion U.S. dollars of natural rubber.

Supply constraints of rubber Accounting for about half of global rubber production, natural rubber is an agricultural product produced from rubber trees in Southeast Asia, home to the most natural rubber exporting countries worldwide. Being an agricultural product, the trees take numerous years to mature before being harvested, a process dependent on climate and weather conditions.
The amount of replanted rubber trees in Thailand, the largest exporter of natural rubber, has decreased year-on-year since 2019 due to a slowdown in global demand. However, land-use for natural rubber harvest area is forecast to increase globally year-over-year, reaching a maximum additional *** million hectares in 2030.

The Rubber Market report segments the industry into Geography (North America, Europe, Asia-Pacific, South America, Africa). The report includes Production Analysis, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis. Get five years of historical data and five-year forecasts.

Why did the Natural Rubber (TSR) Price Change in May 2025? In Q1 2025, the Natural Rubber (TSR) Price Index in North America witnessed fluctuating trends due to variable supply dynamics and mixed downstream performance.

Graph and download economic data for Producer Price Index by Commodity: Rubber and Plastic Products: Synthetic Rubber, Including Styrene-Butadiene Rubber (SBR) and Ethylene Propylene (WPU07110224) from Jun 2003 to May 2025 about synthetic, rubber, plastics, commodities, PPI, inflation, price index, indexes, price, and USA.

In the beginning of 2021, demand for natural rubber spiked and prices for rubber increased due to a quick rebound in China’s tire manufacturing and the heightened need for latex gloves during the pandemic. Rubber production is projected to climb up this year in line with rising demand, slowing down the price growth. There is a risk that droughts in Malaysia, Thailand and Indonesia will create a supply shortage in the market and enable the prices to soar again.

Graph and download economic data for Producer Price Index by Commodity: Rubber and Plastic Products: Tires (WPU071201) from Jan 1939 to May 2025 about rubber, plastics, parts, commodities, PPI, inflation, price index, indexes, price, and USA.

According to Cognitive Market Research, the global Natural Rubber market size will be USD 17,223.78 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.32% from 2024 to 2031.

Asia Pacific held the major market share for more than 67.39% of the global revenue with a market size of USD 11,607.67 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.61% from 2024 to 2031.
North America accounted for a market share of over 16.42% of the global revenue with a market size of USD 2,828.93 million.
Europe held a market share of around 11.55% of the global revenue with a market size of USD 1,989.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.03% from 2024 to 2031.
Latin America had a market share of more than 2.84% of the global revenue with a market size of USD 489.8 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.37% from 2024 to 2031.
Middle East and Africa had a market share of around 1.79% of the global revenue and was estimated at a market size of USD 308.14 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.10% from 2024 to 2031.
The Concentrated Latex type category is the fastest-growing segment of the Natural Rubber industry

Market Dynamics of Natural Rubber Market

Key Drivers for Natural Rubber Market

Expansion of industrial applications such as conveyor belts and rubber hoses

The industrial sector's growth is driving the demand for natural rubber, especially in manufacturing conveyor belts and rubber hoses. Conveyor belts, integral to material handling in industries like mining, logistics, and manufacturing, rely on natural rubber for its durability and flexibility under heavy loads. Similarly, rubber hoses are widely used in industrial applications such as fluid transportation in oil & gas, chemical processing, and construction sectors. The properties of natural rubber, including elasticity, resilience, and resistance to wear, make it an ideal choice for these applications. As industries continue to expand globally, particularly in emerging economies, the requirement for robust and efficient rubber-based products is expected to surge, fueling demand for natural rubber in industrial applications. For instance, Goodyear, in collaboration with Farmed Materials, BioMADE, the U.S. Department of Defense, and the Air Force Research Lab, has launched a multi-million-dollar initiative to develop a domestic source of natural rubber from dandelions. This project aims to reduce reliance on tropical rubber supplies and strengthen U.S. production capabilities for critical materials.

Increasing demand for tires in the automotive industry

The automotive industry remains a major consumer of natural rubber, primarily for tire production. Natural rubber is a crucial component in tires due to its superior tensile strength, elasticity, and resistance to heat and wear, ensuring durability and performance. The global growth in vehicle production, driven by rising urbanization, increasing disposable incomes, and expanding logistics operations, is significantly boosting tire demand. Additionally, the shift towards electric vehicles (EVs) is further propelling the need for specialized tire designs, reinforcing natural rubber's relevance. As manufacturers focus on enhancing tire performance and sustainability, the use of high-quality natural rubber in the automotive sector is anticipated to grow steadily in the coming years.

Restraint Factor for the Natural Rubber Market

Vulnerability to pests and diseases affecting rubber plantations

Rubber plantations are highly vulnerable to pests and diseases, which pose a significant challenge to natural rubber production. Common threats include leaf blight, powdery mildew, and root rot, which can drastically reduce latex yield and compromise the quality of rubber. Additionally, pests such as termites and borers can damage rubber trees, leading to long-term plantation losses. These biological threats are exacerbated by factors such as climate change, monoculture farming, and inadequate pest management practices. For small-scale rubber farmers, the financial burden of disease prevention and treatment can be overwhelming. This vulnerability not only impacts the supply chain but also contributes to price volatility in the global natural rubber market, posing a re...

United States PPI: RP: Rubber: excl Natural Rubber data was reported at 225.700 1982=100 in Oct 2018. This records an increase from the previous number of 224.100 1982=100 for Sep 2018. United States PPI: RP: Rubber: excl Natural Rubber data is updated monthly, averaging 52.350 1982=100 from Jan 1926 (Median) to Oct 2018, with 1114 observations. The data reached an all-time high of 302.900 1982=100 in Aug 2011 and a record low of 3.800 1982=100 in Jun 1932. United States PPI: RP: Rubber: excl Natural Rubber data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.I017: Producer Price Index: By Commodities.

The global market size for Global Rubber in 2021 was estimated at around USD 44.23 Bn. Whereas it will reach USD 62.90 Bn by 2029 with a significant growth rate of 4.50%.

In Terms of Revenue, The Natural market was valued at 58.00% Share of total Global xx Market in 2021.

In Terms of Revenue, Tire was the Leading segment with 52.00% Share of total xx Market in 2021. Key Dynamics of

Rubber Market

Key Drivers of

Rubber Market

Increasing Demand from Automotive and Tire Production: Rubber serves as a fundamental raw material in the manufacturing of tires and components. – The rise in global vehicle production enhances the demand for both natural and synthetic rubber. – The growth of electric vehicles (EVs) is amplifying the requirement for lightweight and durable rubber materials.

Growth in Industrial and Construction Sectors: Rubber plays a crucial role in the production of seals, gaskets, belts, and hoses utilized in machinery and infrastructure. – Emerging economies are propelling the consumption of industrial rubber. – Investments in infrastructure across Asia and Africa are fostering sustained demand.

Flexibility in Consumer Products and Healthcare Uses: The versatility of rubber enables its application in a wide range of everyday items. – It is utilized in footwear, gloves, elastic materials, and adhesives. – The demand for medical gloves and sanitary products has surged following the pandemic.

Key Restraints for

Rubber Market

Fluctuations in Raw Material Costs and Supply Chain Challenges: The supply of natural rubber is influenced by climate conditions and geopolitical factors. – Weather patterns, diseases, and regional instability can impact latex production. – The production of synthetic rubber is tied to crude oil prices, connecting it to energy market fluctuations.

Environmental Issues and Regulatory Challenges: The manufacturing processes for both natural and synthetic rubber raise significant ecological concerns. – Key issues include deforestation, pollution, and the generation of hazardous waste. – The European Union and the United States are implementing stricter regulations regarding chemicals and recycling practices.

Competition from Advanced Polymers and Composites: Innovative materials are posing challenges to traditional rubber in certain applications. – Thermoplastic elastomers provide lightweight and recyclable alternatives. – High-performance plastics are increasingly substituting rubber in the aerospace and electronics sectors.

Key Trends in

Rubber Market

Transitioning to Sustainable and Eco-Friendly Rubber Products: Brands are making investments in more environmentally friendly rubber sourcing and production. – Natural rubber that is certified by FSC or PEFC is becoming increasingly popular. – There is a growing demand for bio-based and recycled rubber products.

Intelligent Rubber Integration in Wearables and Electronics: Sophisticated rubber compounds are utilized in flexible sensors and soft robotics. – These materials are perfect for stretchable electronics and medical wearables. – Research and development in conductive rubber is paving the way for next-generation applications.

Geographical Diversification of Rubber Cultivation and Processing: Nations are working to lessen their reliance on the rubber monopoly of Southeast Asia. – Africa and South America are rising as alternative sources for rubber production. – Global companies are investing in local supply chains to reduce risk. Rubber is a broad name for a group of various polymers that are all elastomers. Elastomers are a natural or synthetic polymer which have elastic properties. For instance, polyisoprene or natural rubber poly butadiene, polyurethane. Rubber is a highly elastic organic material. Natural rubber comes out of the trees (a white liquid called latex) from which the rubber is made. There are more than 400 kinds of plants from the juice of which rubber can be made. In 19th century, the use of rubber increased considerable because of its unique properties, Due to which, it became difficult to fulfil the increasing world demand from natural rubber. Hence synthetic rubber is developed since first world war. Today about 50% of the rubber is produce by the synthetic proc...

The Europe natural rubber market was finally on the rise to reach $184M in 2024, after two years of decline. Overall, consumption saw a noticeable downturn. Over the period under review, the market hit record highs at $339M in 2013; however, from 2014 to 2024, consumption remained at a lower figure.

In 2024, the U.S. natural rubber market was finally on the rise to reach $44M for the first time since 2021, thus ending a two-year declining trend. In general, consumption, however, showed a pronounced setback. As a result, consumption reached the peak level of $75M. From 2022 to 2024, the growth of the market remained at a somewhat lower figure.

Thailand Rubber Price: TRA: Field Latex data was reported at 59.300 THB/kg in 15 May 2025. This records an increase from the previous number of 58.800 THB/kg for 14 May 2025. Thailand Rubber Price: TRA: Field Latex data is updated daily, averaging 52.000 THB/kg from Apr 2003 (Median) to 15 May 2025, with 4789 observations. The data reached an all-time high of 168.000 THB/kg in 21 Feb 2011 and a record low of 0.000 THB/kg in 16 Apr 2025. Thailand Rubber Price: TRA: Field Latex data remains active status in CEIC and is reported by The Thai Rubber Association. The data is categorized under World Trend Plus’s Commodity Market – Table TH.P: Rubber Price: Thai Rubber Association (TRA). [COVID-19-IMPACT]

Demand for natural rubber Market is projected to be valued at US$ 18,270.6 million in 2023 and is anticipated to grow at a CAGR of 5.4% from 2023 to 2033.

Attributes	Details
Natural Rubber Market Size (2022)	US$ 17,334.6 million
Market Size 2023	US$ 18,270.6 million
Market Size 2033	US$ 30,914.3 million
Value CAGR (2023 to 2033)	5.4%

Scope of the Report

Attribute	Details
Growth Rate	CAGR of 5.4% from 2023 to 2033
Base Year for Estimation	2022
Historical Data	2017 to 2022
Forecast Period	2023 to 2033
Quantitative Units	Revenue in USD Million, Volume in Tons, and CAGR from 2023 to 2033
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered	Type End Use Industry Application
Regions Covered	North America Latin America Europe East Asia South Asia & Pacific Middle East and Africa
Key Countries Covered	USA Canada Mexico Brazil Germany United Kingdom France Italy Spain Russia China Japan India ASIAN GCC Countries Australia Turkey South Africa
Key Companies Profiled	Sri Trang Agro-Industry Public Company Ltd Hua Rubber Public Company Ltd Halcyon Agri Southland Rubber Co., Ltd Sinochem Group Co. Ltd. Num Rubber & Latex Co., Ltd Yunnan State Farms Group Co., Ltd Von Bundit Co., Ltd Apcotex Industries Ltd. Firestone Natural Rubber Company

United States PPI: Weights: RP: RR: excl Natural Rubber: Synthetic Rubber data was reported at 0.138 % in 2024. This records an increase from the previous number of 0.127 % for 2023. United States PPI: Weights: RP: RR: excl Natural Rubber: Synthetic Rubber data is updated yearly, averaging 0.151 % from Dec 2007 (Median) to 2024, with 18 observations. The data reached an all-time high of 0.213 % in 2011 and a record low of 0.122 % in 2021. United States PPI: Weights: RP: RR: excl Natural Rubber: Synthetic Rubber data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.I068: Producer Price Index: by Commodities: Weights.