Parthenium argentatum, commonly known as the guayule ( or , as in Spanish), is a perennial woody shrub in the family Asteraceae that is native to the rangeland area of the Chihuahuan Desert; including the southwestern United States and northern Mexico. It was first documented by J.M. Bigelow in 1852 through the Mexican Boundary Survey and was first described by Asa Gray. Natural rubber, ethanol, non-toxic adhesives, and other specialty chemicals can be extracted from guayule. An alternative source of latex that is hypoallergenic, unlike the normal Hevea rubber, can also be extracted. While Castilla elastica was the most widely used rubber source of Mesoamericans in pre-Columbian times, guayule was also used, though less frequently. The name "guayule" derives from the Nahuatl word ulli/olli, "rubber".

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