Latex Rubber Thread Production Business.

Latex Rubber Thread Production Business

Latex Rubber Thread Production Business. Profitable Business Ideas in Rubber Industry

Prime use of the Rubber Thread is in hosiery applications. Latex Rubber threads are primarily used to manufacture various types of elastic tapes mainly for foundation garments (briefs, trunks, panties, brassieres), shorts, pants, skirts, sportswear, sock tops etc. They are also used in elastic tapes for diapers, shoe uppers, headbands and wristband for sportsmen and travel goods. Rubber threads are also used to make fishing baits and in Pole fishing. Colored rubber threads are used for these applications. Colored rubber threads also used for making toys like kibosh balls and doll hair etc. Medical nettings, braids, laces, cords, catheter manufacturing and webbing for furniture are other applications of rubber thread.

Rubber latex thread, sometimes called rubber thread, is obtained from the rubber tree, are widely used in daily life product.

They are extremely valuable, because each rubber tree produces only 30 ml of latex juice per day. Latex has wide range of uses, for example elastic fabric used in everyday life, such as various elastic, tight underwear, swimwear, socks, gloves, mouth, belts, lingerie straps and so on.

Uses

Market Outlook

The Indian rubber industry has also been gaining global acceptance. India today is looked upon as world’s largest producer and third largest consumer of natural rubber. Likewise, large scale production of automobiles in India also led to the further growth of this sector. The global market for industrial rubber products is projected to increase 5.8 percent per year to $139.8 billion, accelerating from the growth rate. The Rubber Latex Thread in global market, especially in North America, Europe and Asia-Pacific, the rubber latex thread industry concentration is relatively high; the giants are distributed in Malaysia, India, Thailand and China, and high-end products mainly from Malaysia and Thailand.

India forms a booming market with a huge base of 720 million consumers across 627,000 villages. India is the fourth largest tire market in the world. At 7.64 % growth, India is the fastest growing passenger car market. Various agencies have projected a GDP growth of 8-9% for India till 2020. The increase in GDP will be driven by the growth in industrial sector.

India is the sixth largest producer & second largest consumer of natural rubber, fourth largest consumer of all rubber together and second largest producer of Reclaimed Rubber, which gives a unique advantage to Indian Industrial rubber industry. In India, the automotive tires & tubes consumes the largest share of the total rubber industry in India which is more than 60%. Furthermore, growing automotive industry is one of the key factors driving the India industrial rubber market. Moreover, the growing building & construction industry in the country is also propelling the demand for industrial rubber.

India Industrial Rubber Market, By Region, By Value, 2013-2023F

 

Global Rubber Latex Thread market size will increase to 25 Million US$ by 2025, from 15 Million US$ in 2017, at a CAGR of 25% during the forecast period.

Rubber Latex Thread Market is expected to grow at a significant CAGR in the upcoming years as the scope, product types and its applications are increasing across the globe. Rubber Latex Thread is one of the products obtained by processing of rubber. It is produced by extruding compounded latex through capillaries into a bath of coagulant, and the coagulated wet filament is then washed, dried and vulcanized to produce an elastic thread. From the rubber tree the sap comes out.

Global Rubber Latex Thread Market Size

Key players

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