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Indonesia Rubber Industry Study 2017

Indonesia Rubber Industry Study 2017

Executive Summary

The rubber industry includes natural rubber which is obtained from the latex of various plants and synthetic rubber which is a man-made product made from petroleum. 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.

In 2017, it is expected that global demand for natural rubber will be boosted by the natural rubber shortage coupled with the recovery in the global economy. Both Malaysia and Thailand experienced shortage in production in 2016 because of the extended rainy season and floods. It is expected that the global natural rubber shortage in 2017 will be 350,000 tonnes.

Boosted by the growing global levels of tire manufacturing, it is projected that the global rubber demand will rise by 3.9% per annum through 2019. The Asia Pacific region is expected to outpace the global demand, growing at 4.8% through 2019. The demand was projected to rise by 2% to reach 12.6 million tonnes in 2016 and by further 3.4% in 2017.

Indonesia is the second largest natural rubber producer globally. The industry is currently experiencing oversupply with demand having slowed down, particularly from China which is the largest buyer of rubber in the world. Sumatra is the key natural rubber producing area in Indonesia accounting for two-thirds of the rubber latex harvested followed by Kalimantan, Sulawesi and Java. Close to 85% of the rubber producers in Indonesia are smallholders, and they contribute 81% to the national output.

Indonesia was once the world’s largest glove producer but currently the rubber manufacturer’s base in the country has shrunk from 45 firms in 1989 to six firms. Indonesia produces approximately 51 million tyres per annum out of which 70% is exported primarily to the Middle East and North America. The regions Java and Sumatra are the largest contributors to the tyre market in the county. It is projected that the Indonesian tyre market will grow at a CAGR of approximately 13% during the period 2015-2020.

Our analysts believe that with adequate government support and infrastructural development the Indonesian rubber industry will spring back. Meanwhile, the consistently growing domestic auto sector of Indonesia is expected to help the rubber market to grow.

Why should the report be purchased?

The report ‘Indonesia's Rubber Industry Study 2017’ highlights key dynamics of Indonesia's rubber sector. The potential of the sector has been investigated along with the key challenges. The current market scenario and future prospects of the sector has also been studied. The report contains profiles of key players including Bridgestone Corp, Michelin, Goodyear, Continental A.G. and Sumitomo Rubber Industries Ltd. The report contains latest industry stakeholder’s opinions.

Research methodology and delivery time

Smart Research Insights has conducted in depth secondary research to arrive at key insights. Data collected from key public industry sources and publications has been scanned and analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.

The report is available as single-site single-user license. The delivery time for the electronic version of the report is immediate and dispatch time for hard copies is 2 business days, as each hard copy is custom printed for the client.

About Smart Research Insights (SRI)

SRI is a research organization specializing in industry research reports and custom research. Our team of dedicated researchers with rich experience across industry segments focuses on delivering high quality analysis. Undertaking in-depth secondary research we arrive at key insights, which are supported by data that has been analyzed impartially to present a clear picture of the industry. All recent developments and industry opinions which impact the sector dynamics are captured and used to support the research hypothesis.

1. Global Rubber Industry
1.1 Overview
1.2 Market Statistics & Performance
1.3 Drivers
1.4 Challenges
1.5 Outlook
1.6 Industry Speak
2. Indonesia Rubber Industry
2.1 Overview
2.2 Market Performance & Statistics
2.2.1 Production
2.2.2 Consumption
2.2.3 Export
2.3 Indonesia Rubber Gloves Industry: Overview & Performance
2.4 Indonesia Tyre Industry: Overview & Performance
2.5 Drivers
2.6 Challenges
2.7 Outlook
2.8 Industry Speak
3. Competitive Landscape
3.1 Bridgestone Corp
3.2 Michelin
3.3 The Goodyear Tire & Rubber Company
3.4 Continental A.G.
3.5 Sumitomo Rubber Industries Ltd.
4. List of Charts and Graphs
4.1 World Rubber Production (2004-2015, ‘000 tonnes)
4.2 World Rubber Consumption (2004-2016, ‘000 tonnes)
4.3 Country Wise Largest Natural Rubber Consumers (2015 & 2016, 1,000 metric tons)
4.4 World’s Largest Exporters of Natural Rubber (2014, %)
4.5 World’s Largest Exporters of Natural Rubber (2015, %)
4.6 World’s Largest Exporters of Natural Rubber (2016, %)
4.7 Countries Globally that Exported the Highest Dollar Value Worth of Natural Rubber (%, 2016)
4.8 Indonesia Natural Rubber Production (2008-2017 E, million tonnes)
4.9 Indonesia Rubber Export (2008-2017 E, million tonnes)
5. Research Methodology
6. About Smart Research Insights

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