Rubber Industry OverviewA renowned chemist and author, the
late Ralph Wolf, in an article in the October 1964 edition of “Rubber
World” had rightly said “Civilization as we know it
today is wholly dependent upon rubber......” According to
him, rubber is a material of varied uses. It is indispensable in
transportation, in communication, in providing us with light and power,
in cushioning our bodies, in games and in many more uses in modern
lives.
The production of rubber and products made of rubber is a large and
diverse industry. Rubber industry is an important resource based
industry sector in the world. It has witnessed a steady and strong
growth over the years. Because of the wide application of rubber in both
tires and non-tire applications, the present scenario as well as the
future of the rubber industry is tied to the global economy. Lets take a
broader look at the rubber industry under the following heads:
