Category: Industry News

Vietnam tyre market grows at a CAGR of over 8%

According to recently published TechSci Research report “Vietnam Tyre Market Forecast & Opportunities, 2019′, the tyre market in Vietnam is forecast to grow at a CAGR of over 8% during 2014-19. Prominent factors driving the market include growing automobile sales,…

Indonesian NR exports to remain dormant in 2015

Indonesia’s natural rubber exports are expected to remain stagnant at this year’s level as production is set to stay low due to poor weather and weak prices in the international rubber market. The association of Indonesian Rubber Producers Association (Gapkindo)…

Sri Lanka rubber production downsurges

According to the Department of Census and Statistics, rubber production had seen a decline of 21.1 percent during the third quarter of 2013 and the low demand for Sri Lankan natural rubber in the world market had dropped attributing to…