VIETNAM RUBBER INDUSTRY MARKET 

 

INTRODUCTION

  

Rubber, along with pepper, coffee, and cashew, is one of Vietnam’s most valued industrial crops. Natural rubber, processed rubber products, and rubberwood furniture account for the majority of the country’s rubber production.

 

 

Through free trade agreements that have been signed or are being negotiated by the government, the industry’s chances to extend its export market continue to grow. 

 

The rubber sector in Vietnam has been concentrating on generating natural latex and increasing processing technologies, as well as creating catch-crop and high-tech rubber cultivation.

 

VIETNAM RUBBER INDUSTRY  MARKET SIZE AND FORECAST

 

The Vietnam Rubber Industry accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.

 

MARKET DYNAMICS

 

In corporate reports, Vietnam Rubber Group stated that its goals include restructuring and greater investment in the rubber business, as well as possible mergers to assist close the value chain for rubber tyres and tube goods.

 

The company’s current concentration is on cultivating rubber trees and processing latex, as well as rubber wood, manufacturing rubber industrial products, operating industrial parks amid rubber plantations, and high-tech agriculture.

 

Showa Holdings Co., Ltd. oversees six key businesses, with the rubber business being the first since the company’s inception, with the company’s mid-term management plan aiming for commercial expansion throughout Asia.

 

Showa Brain Navi Vietnam Co., Ltd, a subsidiary engaged in rubber and entertainment content business, signed a memorandum of understanding (MOU) with PetroVietnam Coating Joint Stock Company on collaboration in the rubber lining sector in Vietnam (PVC).

 

This is  informed that the official signing ceremony was conducted at PVC’s Dong Nai headquarters.

 

COMPANY PROFILE

• Da Nang Rubber JSC
• Tan Bien Rubber JSC
• Dau Tieng Rubber Corporation
• Southern Rubber Industry JSC
• Dong Nai Rubber Corporation
• Lanxess
• LG Chem
• TSRC Corporation
• Kumho Petrochemical
• The Goodyear Tire and Rubber Company
• Versalis S.P.A
• Zeon Corporation
• Sinopec 
• JSR Corporation

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost per  Vietnam Rubber Industry right now and how will it change in the next 5-6 years?
2. Average cost to set up a Rubber Industry in Vietnam?
3. How many Vietnam Rubber Industries are manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of a  Vietnam Rubber Industry and key vendor selection criteria
6. Where is the Vietnam Rubber Industry manufactured? What is the average margin per equipment?
7. Market share of Vietnam Rubber Industry manufacturers and their upcoming products
8. The most important planned  Vietnam Rubber Industry in next 2 years
9. Details on network of major Vietnam Rubber Industry and pricing plans
10. Cost advantage for OEMs who manufacture Vietnam Rubber Industry in-house
11. 5 key predictions for next 5 years in Vietnam Rubber Industry 
12. Average B-2-B Vietnam Rubber Industry price in all segments
13. Latest trends in Vietnam Rubber Industry, by every market segment
14. The market size (both volume and value) of Vietnam Rubber Industry in 2022-2027 and every year in between?
15. Global production breakup of Vietnam Rubber Industry, by suppliers and their OEM relationship