Assessment of the South East Asia Rubber Market

Bharat Book Bureau provides the report, on “Assessment of the South East Asia Rubber Market”. The report contains profiles of key players including Bridgestone Corp, Michelin, Goodyear, Continental A.G. and Sumitomo Rubber Industries Ltd. The report contains latest verbatim of industry experts.

03rd May, 2016- Mumbai, India: announces a report on “Assessment of the South East Asia Rubber Market”. This report highlights key dynamics of the global, Indonesia, Malaysia and Thailand’s rubber sector. The potential of the sector has been investigated along with key challenges.

Executive Summary
The global market is currently in its fourth year of surplus of natural rubber. The excess supply situation has caused stocks to pile high and prices are falling steadily. It is expected that global surplus by the year 2020 will be approximately 1 million tons of natural rubber and 3 million tons of synthetic rubber. World demand for natural rubber, which is primarily used to manufacture tires, is cooling down due to the economic downturn in China. Asia accounts for 93% of the world natural rubber production with Thailand being the largest producer followed by Indonesia and Vietnam. Other large rubber producers in the region include India, China and Malaysia.

China is the world’s largest consumer of natural rubber followed by India and the United States. Increasing consumption of tyres and industrial rubber products is expected to boost the global demand for natural rubbers. Indonesia is the second largest rubber producer globally behind Thailand. While the industry is faced with challenges such as low production and poor infrastructure, growing rubber demand from developing economies is expected to boost the market in 2015.

Indonesia is the second largest natural rubber producer globally. The industry is currently experiencing...