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Rubber increased 2.60 US Cents/kg or 1.32% since the beginning of 2025, 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 March of 2025.
As of January 2025, the average monthly global price of rubber was 2.37 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), which is a multi-stakeholder association that aims to improve the lives and working conditions of the primary producers by utilizing Fair Trade principles.
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The natural rubber prices in the United States for Q4 2023 reached 1765 USD/MT in December. The market benefited from strong demand linked to Asian markets, leading to an uptick in prices. The logistics sector faced challenges like increased shipping costs and port congestion, affecting delivery timelines and market stability.
Product
| Category | Region | Price |
---|---|---|---|
Natural Rubber | Chemical | USA | 1765 USD/MT |
Natural Rubber | Chemical | China | 1325 USD/MT |
Natural Rubber | Chemical | Netherlands | 1165 USD/MT |
Explore IMARC's latest publication, “Natural Rubber Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” presents a detailed examination of the natural rubber market, providing insights into both global and regional trends that are shaping prices.
The average price of rubber at the Singapore Commodity Exchange (SICOM) in 2024 was 2.28 U.S. dollars per kilogram. Between 2010 and 2024, the average price of rubber reached a high in 2011 of 4.82 U.S. dollars per kilogram. In 2024, the highest monthly price of rubber was in September, at 2.65 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 3.6 billion U.S. dollars. This accounted for roughly 30 percent of the global value of natural rubber exports in 2023. The second-largest exporter in 2023 was Indonesia, which exported 2.5 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 5.1 million hectares in 2030.
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The Outlook of Rubber Market Includes Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis. The Rubber Market is Segmented by Geography (North America, Europe, Asia-Pacific, South America, and Africa). The Report Offers the Market Size and Forecasts in Terms of Volume (metric Tons) and Value (USD) for all the Above Segments.
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Graph and download economic data for Global price of Rubber (PRUBBUSDM) from Jan 1990 to Feb 2025 about rubber, World, and price.
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During the last quarter of 2024, the isoprene rubber prices in the United States reached 3680 USD/MT in December. The market had to deal with logistical challenges, shifting economic conditions, and varying demand. Restrictive lending regulations caused overstock and stifled consumer interest in downstream industries like the automotive sector, even as supplier engagement increased.
Product
| Category | Region | Price |
---|---|---|---|
Isoprene Rubber | Elastomer | USA | 3680 USD/MT |
Explore IMARC’s newly published report, titled “Isoprene Rubber Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of isoprene rubber pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
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In 2024, after two years of growth, there was decline in the Dominican natural rubber market, when its value decreased by -2.5% to $425K. Over the period under review, consumption, however, recorded a pronounced setback. Natural rubber consumption peaked at $634K in 2017; however, from 2018 to 2024, consumption stood at a somewhat lower figure.
Synthetic rubber had a market value amounting to over 33 billion U.S. dollars as of 2024. It is forecast that the global market value of synthetic rubber will increase to over 41 billion U.S. dollars in 2029. The Asia-Pacific region accounts for the largest synthetic rubber market share in the world, as several countries in this region are major tire producers.
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In 2024, the Paraguayan natural rubber market decreased by -19.3% to $133K, falling for the second consecutive year after three years of growth. In general, consumption, however, saw buoyant growth. As a result, consumption attained the peak level of $416K. From 2023 to 2024, the growth of the market failed to regain momentum.
On this page, you will find the latest Rubber prices in Irityy Market today. Know a complete report on whether Rubber prices have risen or fallen in Irityy in recent days.
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The neoprene rubber prices in the United States for Q3 2024 reached 7450 USD/MT in September. Prices remained stable due to balanced supply and demand, along with effective inventory management. Challenges in feedstock procurement, particularly Butadiene, affected production strategies. Still, strong demand from the construction sector and recovery in the aerospace industry supported the market, despite a slowdown in the automotive sector.
Product
| Category | Region | Price |
---|---|---|---|
Neoprene Rubber | Elastomer | United States | 7450 USD/MT |
Neoprene Rubber | Elastomer | Japan | 7100 USD/MT |
Neoprene Rubber | Elastomer | Germany | 4385 USD/MT |
Explore IMARC’s newly published report, titled “Neoprene rubber Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of neoprene rubber pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
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The GCC natural rubber market dropped to $6.9M in 2024, which is down by -13.4% against the previous year. Over the period under review, consumption, however, continues to indicate a prominent increase. The level of consumption peaked at $7.9M in 2023, and then reduced in the following year.
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The Price of synthetic rubber for Q4 2023 reached 1775 USD/MT in December.
Product
| Category | Region | Price |
---|---|---|---|
Synthetic Rubber | Chemical | USA | 1775 USD/MT |
Synthetic Rubber | Chemical | Japan | 1526 USD/MT |
Synthetic Rubber | Chemical | Germany | 1552 USD/MT |
Explore IMARC’s newly published report, titled “Synthetic Rubber Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of synthetic rubber pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
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The halo butyl rubber prices in the United States for Q2 2024 reached 2360 USD/MT in June. The prices for diphenhydramine hydrochloride in the region fluctuated significantly due to seasonal demand declines, reduced automotive and construction activity, and stable crude oil rates that limited raw material cost support. Increased production and slow consumption led to supply excess, contributing to bearish market conditions.
Product
| Category | Region | Price |
---|---|---|---|
Halo Butyl Rubber | Elastomer | United States | 2360 USD/MT |
Halo Butyl Rubber | Elastomer | Japan | 2930 USD/MT |
Halo Butyl Rubber | Elastomer | Germany | 2900 USD/MT |
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The EPDM Rubber market in the US has experienced a marginal 0.87% price increase in the fourth quarter of 2024, driven by stable supply and gradual demand recovery. The increase reflects a balance between supply constraints, including moderate raw material availability, and steady demand from the automotive sector, which saw continued growth in vehicle sales. While feedstock prices for Ethylene and Propylene showed mixed trends, the market remained stable due to adequate supply and efficient sourcing strategies by manufacturers.
Reclaimed rubber is recovered from vulcanized scrap rubber. It is forecast that the market value of this material in the United States will amount to 521.3 million U.S. dollars in 2025. Of that amount, whole tire reclaim (WTR) is forecast to have a market value of nearly 223 million U.S. dollars in 2025.
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During the second quarter of 2024, the silicone rubber prices in the United States reached 9463 USD/MT in June. The market for USA saw a noticeable price increase due to growing energy and output costs, alongside strong the need from the vehicle and building sectors. Despite Boeing’s distribution issues, stable inventory and robust sector performance supported the overall favorable pricing trend.
Product
| Category | Region | Price |
---|---|---|---|
Silicone Rubber | Chemical | USA | 9463 USD/MT |
Silicone Rubber | Chemical | Germany | 9723 USD/MT |
Explore IMARC’s newly published report, titled “Silicone Rubber Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of silicone rubber pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
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According to Cognitive Market Research, the global fluorocarbon rubber market size will be USD 1532.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 613.04 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 459.78 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 352.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 76.63 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 30.65 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2031.
The propylene held the highest fluorocarbon rubber market revenue share in 2024.
Market Dynamics of Fluorocarbon Rubber Market
Key Drivers for Fluorocarbon Rubber Market
Advancement in Technology to Increase the Demand Globally
Technological advancements in the fluorocarbon rubber market are driving growth by enhancing material properties, such as improved chemical resistance, thermal stability, and flexibility. Innovations in fluorocarbon rubber formulations are expanding their applications in demanding industries like automotive, aerospace, and chemical processing. Enhanced processing techniques also enable the more precise and efficient manufacturing of fluorocarbon rubber components, meeting stringent industry standards. These advancements are leading to the development of specialized fluorocarbon rubber grades, catering to specific industry needs and boosting the overall market demand.
Ongoing Research and Development Activities to Propel Market Growth
Ongoing research and development in the fluorocarbon rubber market focuses on enhancing the material's performance, such as improving its chemical and temperature resistance. Innovations aim to develop new fluorocarbon rubber grades with lower environmental impact and broader application potential. These advancements are driving the expansion of fluorocarbon rubber in emerging sectors like electronics, aerospace, and pharmaceuticals. Additionally, R&D efforts are geared toward cost-effective production methods and formulations, making fluorocarbon rubber more accessible and appealing to a wider range of industries.
Restraint Factor for the Fluorocarbon Rubber Market
High Cost of Production to Limit the Sales
The high cost of production is a significant challenge in the fluorocarbon rubber market. FKM's manufacturing process involves expensive raw materials like fluorspar and complex processing techniques, leading to elevated production costs. These high costs can limit the widespread adoption of fluorocarbon rubber, particularly in price-sensitive markets. Additionally, competition from lower-cost elastomers, such as nitrile rubber, further pressures the fluorocarbon rubber market. Despite its superior performance in harsh environments, the high production cost remains a barrier to its broader application across various industries..
Impact of Covid-19 on the Fluorocarbon Rubber Market
The COVID-19 pandemic significantly impacted the fluorocarbon rubber market. Disruptions in global supply chains, reduced industrial activity, and a slowdown in key sectors like automotive and aerospace led to a temporary decline in demand. However, the market witnessed a gradual recovery as industries adapted to new norms. The pandemic also accelerated the demand for fluorocarbon rubber in medical and pharmaceutical applications due to its chemical resistance and durability. Overall, while COVID-19 caused short-term challenges, the long-term outlook for the fluorocarbon rubber market remains positive. Introduction of the Fluorocarbon Rubber Market
Fluorocarbon rubber is a synthetic rubber known for its exceptional resistance to heat, chemicals, oils, and solvents, making it ideal for demanding applications in the automotive, aerospace, and industrial sectors. The increased demand fo...
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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 |
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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 |
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Regions Covered |
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Key Countries Covered |
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Key Companies Profiled |
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Rubber increased 2.60 US Cents/kg or 1.32% since the beginning of 2025, 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 March of 2025.