Why UAE Rubber Manufacturers Are Competing on a Global Scale
Rubber is an elastic polymer material that can be derived from either natural or synthetic sources and is pliable at room temperature. Rubber polymers are divided into two categories: synthetic and natural. Natural rubber originates from the latex of rubber trees (Hevea brasiliensis), which consists of polymers of the compound isoprene. On the other hand, synthetic rubber is made from a variety of petrochemicals and other compounds through a process called polymerization. The global rubber market consists of the cultivation, processing, and marketing of rubber products from both synthetic and natural origins. Rubber is used in various sectors such as automotive, construction, healthcare, consumer goods, and packaging. The global demand for rubber products is impacted by several factors, which include the economic performance of a country, innovation, consumer spending habits, and the policy frameworks of the country. Market structures and competition for rubber also vary from country t...