Vietnam Rubber Market | Size, Companies, Value, Forecast, COVID-19 IMPACT, Industry, Outlook, Revenue, Trends, Growth, Analysis & Share

Name: Vietnam Rubber Market (2024-2030) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Rubber Market, Vietnam Rubber Market, Vietnam Rubber Market Revenues, Vietnam Rubber Market Share, Vietnam Rubber Market Size, Vietnam Rubber Market Outlook, Vietnam Rubber Market Report, Vietnam Rubber Market Competition, Vietnam Rubber Market Overview, Vietnam Rubber Market Trends, Vietnam Rubber Market Forecast

Market Forecast By Type (Natural, Synthetic), By Application (Tire, Non-Tire Automotive, Footwear, Industrial Goods, Others) And Competitive Landscape

Product Code: ETC172429	Publication Date: Jan 2022	Updated Date: Apr 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 70	No. of Figures: 35	No. of Tables: 5

Vietnam Rubber Market Size Growth Rate

The Vietnam Rubber Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 13.57% in 2025, the market peaks at 15.37% in 2027, and settles at 13.90% by 2029.

Vietnam Rubber Market Growth Rate

Rubber Market: Vietnam vs Top 5 Major Economies in 2027 (Asia)

By 2027, Vietnam's Rubber market is forecasted to achieve a exponential growth rate of 15.37%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.

Rubber Market: Vietnam vs Top 5 Major Economies in 2027 (Asia)

Vietnam Rubber Market Overview

The Vietnam Rubber market is a significant player in the global rubber industry, driven by the country`s status as a major rubber producer. The market has witnessed fluctuations influenced by factors such as global rubber prices, weather conditions affecting cultivation, and international demand. The Vietnamese government`s policies and initiatives to support the rubber industry, coupled with advancements in rubber processing technologies, shape the market`s dynamics. The automotive and tire manufacturing sectors are key consumers of rubber, contributing to the overall market growth.

Drivers of the Market

The Vietnam Rubber Market is primarily driven by the country`s thriving rubber industry, which plays a significant role in the global supply chain. The market is influenced by factors such as the increasing demand for rubber in various industries, including automotive, tire manufacturing, and construction. Vietnam`s favorable climate for rubber cultivation and the availability of skilled labor have boosted rubber production. Additionally, growing global awareness of eco-friendly products has driven demand for sustainable rubber production practices, promoting the use of natural rubber.

Challenges of the Market

The Vietnam Rubber Market faces several challenges, including price volatility in global rubber markets. Fluctuations in rubber prices can significantly impact the profitability of rubber producers and exporters in Vietnam. Additionally, climate change and natural disasters pose threats to rubber cultivation, leading to irregular production and impacting the market`s stability. Finding sustainable and resilient rubber cultivation practices is essential to address these challenges and ensure the long-term growth of the industry.

COVID 19 Impact on the Market

The Vietnam Rubber Market has been significantly impacted by the COVID-19 pandemic. The global economic slowdown and disruptions in supply chains have led to a decline in demand for rubber products across various industries, including automotive, construction, and manufacturing. With restrictions on movement and business operations, the automotive industry, a major consumer of rubber, has witnessed reduced production and sales. Additionally, the slowdown in construction activities has further contributed to the challenges faced by the rubber market. Despite these challenges, there is optimism for a recovery as economic activities gradually resume and industries adapt to the new normal.

Key Players in the Market

The Vietnam rubber market is led by key players who play a crucial role in the country`s rubber industry. Prominent names include Vietnam Rubber Group (VRG), Binh Long Company Limited, and Southern Rubber Industry Joint Stock Company (Casumina). These companies are instrumental in the production and export of various rubber products, contributing significantly to Vietnam`s position as a major player in the global rubber market.

Key Highlights of the Report:

Vietnam Rubber Market Outlook
Market Size of Vietnam Rubber Market, 2023
Forecast of Vietnam Rubber Market, 2030
Historical Data and Forecast of Vietnam Rubber Revenues & Volume for the Period 2020-2030
Vietnam Rubber Market Trend Evolution
Vietnam Rubber Market Drivers and Challenges
Vietnam Rubber Price Trends
Vietnam Rubber Porter's Five Forces
Vietnam Rubber Industry Life Cycle
Historical Data and Forecast of Vietnam Rubber Market Revenues & Volume By Type for the Period 2020-2030
Historical Data and Forecast of Vietnam Rubber Market Revenues & Volume By Natural for the Period 2020-2030
Historical Data and Forecast of Vietnam Rubber Market Revenues & Volume By Synthetic for the Period 2020-2030
Historical Data and Forecast of Vietnam Rubber Market Revenues & Volume By Application for the Period 2020-2030
Historical Data and Forecast of Vietnam Rubber Market Revenues & Volume By Tire for the Period 2020-2030
Historical Data and Forecast of Vietnam Rubber Market Revenues & Volume By Non-Tire Automotive for the Period 2020-2030
Historical Data and Forecast of Vietnam Rubber Market Revenues & Volume By Footwear for the Period 2020-2030
Historical Data and Forecast of Vietnam Rubber Market Revenues & Volume By Industrial Goods for the Period 2020-2030
Historical Data and Forecast of Vietnam Rubber Market Revenues & Volume By Others for the Period 2020-2030
Vietnam Rubber Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By Application
Vietnam Rubber Top Companies Market Share
Vietnam Rubber Competitive Benchmarking By Technical and Operational Parameters
Vietnam Rubber Company Profiles
Vietnam Rubber Key Strategic Recommendations

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Vietnam Rubber Market Overview

3.1 Vietnam Country Macro Economic Indicators

3.2 Vietnam Rubber Market Revenues & Volume, 2020 & 2030F

3.3 Vietnam Rubber Market - Industry Life Cycle

3.4 Vietnam Rubber Market - Porter's Five Forces

3.5 Vietnam Rubber Market Revenues & Volume Share, By Type, 2020 & 2030F

3.6 Vietnam Rubber Market Revenues & Volume Share, By Application, 2020 & 2030F

4 Vietnam Rubber Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Vietnam Rubber Market Trends

6 Vietnam Rubber Market, By Types

6.1 Vietnam Rubber Market, By Type

6.1.1 Overview and Analysis

6.1.2 Vietnam Rubber Market Revenues & Volume, By Type, 2020-2030F

6.1.3 Vietnam Rubber Market Revenues & Volume, By Natural, 2020-2030F

6.1.4 Vietnam Rubber Market Revenues & Volume, By Synthetic, 2020-2030F

6.2 Vietnam Rubber Market, By Application

6.2.1 Overview and Analysis

6.2.2 Vietnam Rubber Market Revenues & Volume, By Tire, 2020-2030F

6.2.3 Vietnam Rubber Market Revenues & Volume, By Non-Tire Automotive, 2020-2030F

6.2.4 Vietnam Rubber Market Revenues & Volume, By Footwear, 2020-2030F

6.2.5 Vietnam Rubber Market Revenues & Volume, By Industrial Goods, 2020-2030F

6.2.6 Vietnam Rubber Market Revenues & Volume, By Others, 2020-2030F

7 Vietnam Rubber Market Import-Export Trade Statistics

7.1 Vietnam Rubber Market Export to Major Countries

7.2 Vietnam Rubber Market Imports from Major Countries

8 Vietnam Rubber Market Key Performance Indicators

9 Vietnam Rubber Market - Opportunity Assessment

9.1 Vietnam Rubber Market Opportunity Assessment, By Type, 2020 & 2030F

9.2 Vietnam Rubber Market Opportunity Assessment, By Application, 2020 & 2030F

10 Vietnam Rubber Market - Competitive Landscape

10.1 Vietnam Rubber Market Revenue Share, By Companies, 2023

10.2 Vietnam Rubber Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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