Vulcanised Rubber Thread Market

Vulcanised rubber thread market: get access to newly released info provided by an Ai-driven business intelligence platform. Statistics contain production, market prices, imports, exports, trade, market size, consumption, and companies. There is a split by country, including the Middle East, Africa, China, the U.K., Russia, the U.S., Latin America, and EU. Market insights and forecast to 2030 are also featured in the snapshots.

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Vulcanised Rubber Thread - World's Largest Markets

In value terms, the largest vulcanised rubber thread markets worldwide were China, the United States and Japan, together comprising 50% of the global market. These countries were followed by India, Bangladesh, Brazil, Indonesia, Turkey, South Korea, Italy, Spain, Iran and Mexico, which together accounted for a further 24%.

In terms of the main consuming countries, Iran recorded the highest growth rate of market size, over the period under review, while vulcanised rubber thread market for the other global leaders experienced more modest paces of growth.

Vulcanised Rubber Thread Prices

Vulcanised Rubber Thread - Top Importers

In value terms, China ($242M) constitutes the largest market for imported vulcanised rubber thread and cord worldwide, comprising 44% of global imports. The second position in the ranking was occupied by Bangladesh ($26M), with a 4.7% share of global imports. It was followed by Vietnam, with a 3.4% share.

From 2018 to 2020, the average annual growth rate of value in China stood at -3.2%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (+7.1% per year) and Vietnam (-6.2% per year).

Vulcanised Rubber Thread - Top Exporters

In value terms, Thailand ($301M) remains the largest vulcanised rubber thread supplier worldwide, comprising 50% of global exports. The second position in the ranking was occupied by Malaysia ($133M), with a 22% share of global exports. It was followed by China, with a 15% share.

In Thailand, vulcanised rubber thread exports expanded at an average annual rate of +2.3% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (-3.1% per year) and China (+8.1% per year).

Vulcanised Rubber Thread - Market Forecast

Driven by rising demand for vulcanised rubber thread worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Vulcanised Rubber Thread - Top Companies

Shandong Energy Chongzhuang Group Dongyue Rubber & Plastic Co.,Ltd., Hutchinson GmbH, MICHELIN ESPAÑA PORTUGAL SA, Anhui Jianghai Rubber & Plastic Products Co.,Ltd., SRI TRANG AGRO-INDUSTRY PUBLIC COMPANY LIMITED, Yunnan Farming Group Co., Ltd., West Pharmaceutical Services, Inc., ANSELL LIMITED, Henniges Automotive Holdings, Inc., Hutchinson Corporation, Toyoda Gosei North America Corporation, OKAMOTO INDUSTRIES,INC., Maui Acquisition Corp., Weihai Huancui District Hongyang Factory, Jingzhou Yili Rubber & Plastics Products Co., Ltd., SHIN-ETSU POLYMER CO., LTD., SOUTHLAND RESOURCES COMPANY LIMITED, VON BUNDIT COMPANY LIMITED, DOW SILICONES UK LIMITED, Liaoyang Hualin Plastic Products Factory

Vulcanised Rubber Thread - Product Coverage

• HS 4007 - Vulcanised rubber thread and cord

Source: IndexBox Market Intelligence Platform