VIETNAMESE PLASTIC BEADS AND SYNTHETIC RUBBER
Primary plastic beads and synthetic rubber are important inputs for many industries, especially plastics and cars. Production of synthetic rubber produced and consumed in 9T / 2018 was respectively 11,403 and 11,578 thousand tons. Global synthetic rubber market is expected to continue to grow with an annual compound growth rate of 5.1% in the period of 2015 - 2023.
Estimated in Q1 / 2019, Vietnam's polymer consumption volume increased by 5.4% compared to the same period in 2018. Total export of plastic materials in Vietnam increased strongly by 32.6% in volume and 62.1% in value over the same period in 2018 Meanwhile, the total import of plastic materials in the first 3 months of this year increased by 12.7% in volume and 4.1% in value over the same period in 2018.
Synthetic rubber imports 2018 increased by 16.2% compared to 2017 while synthetic rubber exports decreased by 32.6% compared to 2017. Vietnam's main synthetic rubber import markets include Korea, Japan, Taiwan, China and Thailand in which Korea is the leading market accounted for 28.36% of total turnover.
2018 is a difficult year for domestic enterprises manufacturing and trading plastic raw materials, although the revenue grew but the profitability and performance evaluation criteria declined due to the increase in oil price, the fierce competition with imports of better quality and more favorable prices,...
Primary plastic beads and synthetic rubber are important inputs for many industries, especially plastics and cars. Production of synthetic rubber produced and consumed in 9T / 2018 was respectively 11,403 and 11,578 thousand tons. Global synthetic rubber market is expected to continue to grow with an annual compound growth rate of 5.1% in the period of 2015 - 2023.
Estimated in Q1 / 2019, Vietnam's polymer consumption volume increased by 5.4% compared to the same period in 2018. Total export of plastic materials in Vietnam increased strongly by 32.6% in volume and 62.1% in value over the same period in 2018 Meanwhile, the total import of plastic materials in the first 3 months of this year increased by 12.7% in volume and 4.1% in value over the same period in 2018.
Synthetic rubber imports 2018 increased by 16.2% compared to 2017 while synthetic rubber exports decreased by 32.6% compared to 2017. Vietnam's main synthetic rubber import markets include Korea, Japan, Taiwan, China and Thailand in which Korea is the leading market accounted for 28.36% of total turnover.
2018 is a difficult year for domestic enterprises manufacturing and trading plastic raw materials, although the revenue grew but the profitability and performance evaluation criteria declined due to the increase in oil price, the fierce competition with imports of better quality and more favorable prices,...
Table of Contents
AbbreviationsExecutive summaryI. Business environment1. Macroeconomic situation2. Legal frameworkII. Global market1. Definition and classification2. Value chain of the industry3. Raw plastic resins4. Synthetic rubber2. Raw plastic resins3. Synthetic rubber4. Price-affecting factorsIV. SWOT analysisV. Industry trend and planning1. Industry development trend2. Industry development planningVI. Enterprise analysis1. Enterprise introduction2. Financial analysis
III. Vietnam market
List of figures:
List of Tables
Companies Mentioned
A selection of companies mentioned in this report includes:
- TPC VINA Plastic and Chemical Corporation Limited
- Resinoplast Vietnam Company Limited
- SIK Vietnam Company Limited
- Vietnam Polystyrene Company Limited
- AGC Chemicals Vietnam Company Limited
- Toyo Ink Compounds Vietnam Company Limited
- Viet Thai Plastchem Company Limited
- Tin Kim Plastic Joint Stock Company
- Dainichi Color Viet Nam Company Limited
Methodology
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