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 estimated that global rubber
production which reach 11.18 million tones in 2015, a growth of 5%
year-on-year.Asia accounts for 93% of the world natural rubber production with
Thailand being the largest producer followed by Indonesia and Vietnam. The
rubber industry in Thailand 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. The Thai Government is
encouraging farmers to reduce rubber production and switch to producing palm
oil. There are plans to initiate cutting down almost 3,50,000 rubber trees
annually to counter the oversupply and fall in prices.
Why should the report be purchased?
The report ‘Thailand Rubber Market Analysis
2015’highlights key dynamics ofThailand'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
competitive landscape of the sector has been examined and the report contains
profiles of players such asThai Rubber Latex Corporation, Sri Trang
Agro-Industry Plc., World Rubber Ltd., Bridgestone Corporation and Top Glove
Corporation Berhad. The report also contains latest industry-related opinions.
Research methodology and delivery time
Publisher 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 and the delivery time for the electronic version of the report is 3
business days. The dispatch time for hard copies is 5 business days, as each
hard copy is custom printed for the client.
Spanning over 30 pages and 10 Tables “Thailand
Rubber Market Analysis 2015” report covers Global Rubber Industry,
Thailand Country Snapshot, Thailand Rubber Industry, Market Drivers, Thailand Tyre
Industry, Competitive Landscape, Challenges, Outlook, List of Charts and
Graphs.
For further
information on this report, please visit- http://mrr.cm/4m6
Find all Rubber Reports at: http://www.marketresearchreports.com/rubber
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