Facts and Figures for the Rubber Industry

Outlooks for Global Rubber Supply

World rubber consumption

World total rubber demand is expected to rise at a rate of 4.1% and 4.4% over 2014 and 2015 respectively, growing to 28.0 million tonnes in 2014 and to 29.2 million tonnes in 2015 (source).

Rubber waste forecast

In this industry, the average waste rate is around 13.5 % (source: SNCP) meaning that the yearly global amount of production waste is 3.8 million tonnes.

 

Natural Rubber 

Synthetic Rubber

 Rubber waste 
(extrapolated data)

2014

 11.9

 16.1

3.8

2015

12.4  16.8 4.0

2023

17.0 22.0 5.3
 World rubber consumption and waste forecast in million tonnes

Rubber applications

More than 50 per cent of rubber produced is used in the manufacture of tyres, which remains the single largest application of rubber.

   The remaining 50 per cent is used for technical rubber products.

 

Further background on rubber and elastomers

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