The global market for production of natural rubber has always seen fluctuations. The Natural Rubber is a highly valuable biomaterial in contrast with the other bio-polymers and it cannot be replaced by other synthetic materials for many vital applications like heavy-duty truck / bus and aircraft tire as well as many latex products. It is much in demand even due to its excellent adhesion to steel cord. The fluctuation is due to the major natural rubber producing giant countries like Malaysia, Indonesia and Srilanka have taken up to the production of other profitable crops such as palm oil cultivation.
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