$40 Bn
Market Size
5-7%
CAGR
$68 Bn
Forecast
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Invest in processing Africa's raw rubber and create a sustainable future! Reduce waste, meet rising global demand for eco-friendly rubber products, and tap into a future-proof market.
Invest in processing Africa's raw rubber and create a sustainable future! Reduce waste, meet rising global demand for eco-friendly rubber products, and tap into a future-proof market.
$40 Bn
Market Size
5-7%
CAGR
$68 Bn
Forecast
Rubber Automotive Parts
Industrial Rubber Products (Belts, Hoses)
Latex Products (Gloves, Balloons)
Reclaimed Rubber (Recycled Products)
Rubber Footwear
Rubber Tires
The global demand for natural rubber is projected to reach a staggering 35 million tons by 2030, with a projected CAGR of 3.2%.
While Africa produces around 1.1 million tons of natural rubber annually, a significant portion is exported unprocessed. Invest in domestic processing facilities to capture a larger share of the value chain.
Advanced processing technologies will minimize waste and utilize environmentally friendly practices, which will cater to the growing demand for eco-friendly rubber products.
Processing raw rubber unlocks a world of investment options like technical rubber goods (tires, hoses, belts), Medical-grade rubber (catheters, gloves, and other medical equipment) and Consumer goods (footwear, sporting goods). This diversification ensures a stable market and maximizes profit potential.
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Africa Business Opportunities: Location-Based
Africa Business Sectors: Location-Based
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