DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Assessment of Thailand's Rubber Industry 2016" report to their offering.
Thailand's Rubber Industry 2016' highlights key dynamics of Thailand's rubber sector. The potential of the sector has been investigated along with 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 Corporation, Michelin, Thai Rubber Latex Corporation, Sri Trang Agro-Industry Plc., World Rubber Ltd. and Top Glove Corporation Berhad. The report contains latest industry expert's opinion.
Thailand is the world's largest producer and exporter of natural rubber. The sector is currently faced with lack of demand and large stock piles. This is primarily due to a fall in demand from China which is the world's largest rubber consumer. Rubber prices have fallen approximately 30% in 2014 and rubber producers are seeing a fall in revenue.
Thailand accounts for approximately 35% of the global natural rubber supply and the market is valued at USD 25 billion a year. While the natural rubber prices were rising till 2011, post the Government's interventions to support the industry in 2004-2006, farmers expanded production and this finally lead to the current situation of oversupply in the market.
The tyre industry in Thailand consumes over 50% of the natural rubber produced in the country and is expected to grow at a CAGR of 12% in the period 2014-2019. The main tyre brands operating in the country are Bridgestone, Michelin and Goodyear, while other brands include Sumitomo, Yokohoma and Continental.
Key Topics Covered:
1. Global Rubber Industry
1.1 Overview
1.2 Market Statistics & Performance
1.3 Drivers
1.4 Challenges
1.5 Outlook
2. Thailand Rubber Industry
2.1 Overview
2.2 Market Statistics
2.2.1 Production
2.2.2 Consumption
2.2.3 Export
2.3 Thailand Tyre Industry
2.4 Challenges
2.5 Outlook
3. Competitive Landscape
3.1 Bridgestone Corporation
3.2 Michelin
3.3 Thai Rubber Latex Corporation
3.4 Sri Trang Agro-Industry Plc.
3.5 World Rubber Ltd.
3.6 Top Glove Corporation Berhad
4. List of Charts and Graphs
Companies Mentioned
- Bridgestone Corporation
- Michelin
- Sri Trang Agro-Industry Plc.
- Thai Rubber Latex Corporation
- Top Glove Corporation Berhad
- World Rubber Ltd.
For more information about this report visit http://www.researchandmarkets.com/research/nl9trn/assessment_of