DUBLIN–(BUSINESS WIRE)–The “Global Natural Rubber Market Outlook to 2026” report has been added to ResearchAndMarkets.com’s offering.
The Automotive Industry is a prime consumer of Natural Rubber globally and is expected to drive the future market.
The Natural Rubber’s high tensile strength, abrasion resistance, adhesiveness to metal, and capability to dampen vibrations make it a preferred choice for automotive manufacturers globally. The increasing population and rapid urbanization have increased the sales of automotive vehicles globally, driving the tire industry. Owing to the rapid urbanization in emerging countries like China and India, the sales of commercial vehicles such as trucks, tractors, and trailers are on the surge.
Furthermore, the automotive industry is experiencing a boom in the electric vehicle market. The environmental awareness amongst citizens…
