Oct 16, 2018   SOURCE: BusinessWire

Indonesia Rubber Industry Analysis 2018 - ResearchAndMarkets.com

The "Indonesia's Rubber Industry Analysis 2018" report has been added to ResearchAndMarkets.com's offering.

Indonesia's Rubber Industry Analysis 2018' 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.

Indonesia is the second largest natural rubber producer globally. The country exports two key types of rubber exported out of Indonesia is natural rubber - produced from the latex of the rubber tree, and synthetic rubber - a mixture of natural rubber with substance such as petroleum. 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. 85% of the rubber producers are smallholder's and they contribute 81% to the national output.

The industry is currently experiencing oversupply with demand having slowed down, particularly from China which is the largest buyer of rubber in the world. 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.

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.

The report contains profiles of key players including Bridgestone Corp, Michelin, Goodyear, Continental A.G., Sumitomo Rubber Industries Ltd. And PT Gajah Tunggal TBK. The report contains latest industry stakeholder's opinions.

Key Topics Covered:

1. Global Rubber Industry

2. Indonesia Rubber Industry

3. Competitive Landscape

4. List of Charts and Graphs

5. Research Methodology

Companies Mentioned

  • Bridgestone Corp
  • Continental A.G.
  • Michelin
  • PT Gajah Tunggal TBK
  • Sumitomo Rubber Industries Ltd.
  • The Goodyear Tire & Rubber Company

For more information about this report visit https://www.researchandmarkets.com/research/6mpl4d/indonesia_rubber?w=4