Plastics Resin And Synthetic Rubber Comprehensive Report Q2/2019
VIETNAMESE PLASTIC BEADS AND SYNTHETIC RUBBER
Primary plastic beads and synthetic rubber are important inputs for many industries, especially plastics and cars. Production of synthetic rubber produced and consumed in 9T/2018 was respectively 11,403 and 11,578 thousand tons. Global synthetic rubber market is expected to continue to grow with an annual compound growth rate of 5.1% in the period of 2015 - 2023.
Estimated in Q1/2019, Vietnam's polymer consumption volume increased by 5.4% compared to the same period in 2018. Total export of plastic materials in Vietnam increased strongly by 32.6% in volume and 62.1% in value over the same period in 2018 Meanwhile, the total import of plastic materials in the first 3 months of this year increased by 12.7% in volume and 4.1% in value over the same period in 2018.
Synthetic rubber imports 2018 increased by 16.2% compared to 2017 while synthetic rubber exports decreased by 32.6% compared to 2017. Vietnam's main synthetic rubber import markets include Korea, Japan, Taiwan, China and Thailand in which Korea is the leading market accounted for 28.36% of total turnover.
2018 is a difficult year for domestic enterprises manufacturing and trading plastic raw materials, although the revenue grew but the profitability and performance evaluation criteria declined due to the increase in oil price, the fierce competition with imports of better quality and more favorable prices,...
Primary plastic beads and synthetic rubber are important inputs for many industries, especially plastics and cars. Production of synthetic rubber produced and consumed in 9T/2018 was respectively 11,403 and 11,578 thousand tons. Global synthetic rubber market is expected to continue to grow with an annual compound growth rate of 5.1% in the period of 2015 - 2023.
Estimated in Q1/2019, Vietnam's polymer consumption volume increased by 5.4% compared to the same period in 2018. Total export of plastic materials in Vietnam increased strongly by 32.6% in volume and 62.1% in value over the same period in 2018 Meanwhile, the total import of plastic materials in the first 3 months of this year increased by 12.7% in volume and 4.1% in value over the same period in 2018.
Synthetic rubber imports 2018 increased by 16.2% compared to 2017 while synthetic rubber exports decreased by 32.6% compared to 2017. Vietnam's main synthetic rubber import markets include Korea, Japan, Taiwan, China and Thailand in which Korea is the leading market accounted for 28.36% of total turnover.
2018 is a difficult year for domestic enterprises manufacturing and trading plastic raw materials, although the revenue grew but the profitability and performance evaluation criteria declined due to the increase in oil price, the fierce competition with imports of better quality and more favorable prices,...
ABBREVIATIONS
EXECUTIVE SUMMARY
I. Business environment
1. MACROECONOMIC SITUATION
2. LEGAL FRAMEWORK
3. TRADE AGREEMENTS
II. Global market
1. DEFINITION AND CLASSIFICATION
2. VALUE CHAIN OF THE INDUSTRY
3. INPUT MATERIALS
4. RAW PLASTIC RESINS
5. SYNTHETIC RUBBER
III. Vietnam market
1.. INDUSTRY SCALE
2. INPUT MATERIALS
3. RAW PLASTIC RESINS
4. SYNTHETIC RUBBER
5. PRICE-AFFECTING FACTORS
IV. Industry risks
1. INDUSTRY RISKS
2. SWOT ANALYSIS
V. Industry trend, forecast and planning
1. INDUSTRY DEVELOPMENT TREND
2. FORECAST FOR GLOBAL MARKET
3. INDUSTRY DEVELOPMENT PLANNING
4. FORECAST FOR VIETNAM MARKET
VI. Enterprise analysis
1. ENTERPRISE INTRODUCTION
2. FINANCIAL ANALYSIS
EXECUTIVE SUMMARY
I. Business environment
1. MACROECONOMIC SITUATION
2. LEGAL FRAMEWORK
3. TRADE AGREEMENTS
II. Global market
1. DEFINITION AND CLASSIFICATION
2. VALUE CHAIN OF THE INDUSTRY
3. INPUT MATERIALS
4. RAW PLASTIC RESINS
5. SYNTHETIC RUBBER
III. Vietnam market
1.. INDUSTRY SCALE
2. INPUT MATERIALS
3. RAW PLASTIC RESINS
4. SYNTHETIC RUBBER
5. PRICE-AFFECTING FACTORS
IV. Industry risks
1. INDUSTRY RISKS
2. SWOT ANALYSIS
V. Industry trend, forecast and planning
1. INDUSTRY DEVELOPMENT TREND
2. FORECAST FOR GLOBAL MARKET
3. INDUSTRY DEVELOPMENT PLANNING
4. FORECAST FOR VIETNAM MARKET
VI. Enterprise analysis
1. ENTERPRISE INTRODUCTION
2. FINANCIAL ANALYSIS
LIST OF TABLES
Table 1: Capacity of butadiene production of some companies in the world
Table 2: A number of PE production projects are underway in North America, 2018
Table 3: PVC import tariffs in some Asian countries
Table 4: Production capacity of plastic beads and domestic additives, 2018
Table 5: Production of primary plastic beads in some provinces, Q1/2019
Table 6: Petrochemical projects in Vietnam as of 2018
Table 7: Top importers PE the most, Q1/2018
Table 8: Top importers of PP the most, Q1/2018
Table 9: Synthetic rubber production projects are and will be implemented in Asia, 2012 - 2016
Table 10: Petrochemical refining projects, 2011 - 2020
Table 11: Some oil refinery projects are and will be implemented in Vietnam, 2010 - 2020
Table 12: Forecast of tire demand in Vietnam, 2013 - 2018f
Table 1: Capacity of butadiene production of some companies in the world
Table 2: A number of PE production projects are underway in North America, 2018
Table 3: PVC import tariffs in some Asian countries
Table 4: Production capacity of plastic beads and domestic additives, 2018
Table 5: Production of primary plastic beads in some provinces, Q1/2019
Table 6: Petrochemical projects in Vietnam as of 2018
Table 7: Top importers PE the most, Q1/2018
Table 8: Top importers of PP the most, Q1/2018
Table 9: Synthetic rubber production projects are and will be implemented in Asia, 2012 - 2016
Table 10: Petrochemical refining projects, 2011 - 2020
Table 11: Some oil refinery projects are and will be implemented in Vietnam, 2010 - 2020
Table 12: Forecast of tire demand in Vietnam, 2013 - 2018f
LIST OF FIGURES
Figure 1: GDP growth rate by quarter, 2016 - Q1/2019
Figure 2: Importing plastic materials and proportion in total turnover,
2010 - Q1/2019
Figure 3: USD/VND exchange rate, 2013 – Q1/2019
Figure 4: CNY/VND exchange rate, 2013-2018
Figure 5: Attracting FDI by sector, Q1/2019
Figure 6: SCG's ownership rate in Vietnamese plastic enterprises, 2018
Figure 7: Market share of global plastic production, 2017
Figure 8: Thermoplastic production share, 2015
Figure 9: Structure of thermosetting plastics, 2017
Figure 10: Global synthetic rubber production by category, 2017
Figure 11: Material structure for Monomer production, 2016
Figure 12: Products obtained from Naphtha distillation, 2015
Figure 13: Products obtained from Ethane distillation, 2015
Figure 14: Global ethylene supply and demand, 2010 - 2017f
Figure 15: Application structure of Ethylene in plastic material production, 2016
Figure 16: Ethylene production structure, 2016
Figure 17: Structure of ethylene consumption market dichloride, 2016
Figure 18: Regional ethylene demand, 2017
Figure 19: Global ethylene prices, 5/2017 – 3/2019
Figure 20: Global ethylene export structure, 2016
Figure 21: Global ethylene trade, 2011 - 2017
Figure 22: Global ethylene import structure, 2016
Figure 23: Global supply of Propylene, 2010 - 2017f
Figure 24: Regional Propylene production structure, 2016
Figure 25: Global propylene prices, 5/2017 - 3/2019
Figure 26: Global propylene trade, 2011 - 2017
Figure 27: Butadiene global capacity and production, 2011 - 2015
Figure 28: Butadiene consumption structure by country, 2017
Figure 29: Butadiene consumption structure by product, 2017
Figure 30: SBR consumption structure by region, 2017
Figure 31: Price fluctuations butadiene, 3/2018 - 9/2018
Figure 32: Global supply - demand benzene, 2012 - 2017f
Figure 33: National benzene production structure, 2016
Figure 34: Global benzene demand by application, 2017
Figure 35: Benzene price fluctuations, 5/2017 - 11/2018
Figure 36: Global production of plastic and plastic resins, 2010 - 2017e
Figure 37: Plastic production structure by region, 2016
Figure 38: Production capacity of some polymer types in the world, 2016
Figure 39: Production capacity of thermoplastic beads by region, 2016
Figure 40: Production capacity and global PE demand by region, 2017
Figure 41: Global polymer revenue, 2006 - 2016
Figure 42: Polymer revenue by region, 2016
Figure 43: Global Polymer consumption structure by sector, 2016
Figure 44: Consumption of raw plastic materials per capita, 2017
Figure 45: Global polymer consumption demand, 2010 - 2017e
Figure 46: Demand for Polymer consumption by region 2016
Figure 47: PE demand by region, 2016
Figure 48: Consumption of primary plastic beads according to categories, 2016
Figure 49: Structure of PE consumption demand by application, 2016
Figure 50: Global PVC consumption structure by application, 2017
Figure 51: PVC consumption per capita in some Asian countries, 2017
Figure 52: Export of global primary plastic beads by value, 2013 - 2018e
Figure 53: Top exporters of the largest primary plastic beads, 2016 - 2017
Figure 54: Import of global primary plastic pellets by value, 2013 - 2018e
Figure 55: Top largest Polymer importers, 2016 - 2017
Figure 56: Top largest PE importers and exporters , 2018
Figure 57: Surplus/Global trade PE and PP deficits by region, 2017
Figure 58: Polymer price volatility, 5/2015 - 3/2019
Figure 59: Production capacity of some Polymer types in China, 2015 - 2022f
Figure 60: Polymer production output of Europe, 2011 - 2017
Figure 61: Major polymer import and export markets of Europe, 2017
Figure 62: Polymer use structure in Europe by sector, 2017
Figure 63: Polymer consumption structure by country in Europe, 2017
Figure 64: Structure of polymer use in Europe by categories, 2017
Figure 65: Polymer production output in the US, 2008 - 2017
Figure 66: Top of Polymer products with high consumption growth in the US, 2017
Figure 67: Global rubber production and consumption, 2010 – 9M/2018
Figure 68: Rubber production structure in the world, 2010 – 9M/2018
Figure 69: Rubber consumption structure in the world, 2010 – 9M/2018
Figure 70: Global production and consumption of synthetic rubber, 2010 – 9M/2018
Figure 71: Consumption structure of synthetic rubber by product, 2015
Figure 72: Global synthetic rubber production, 2013 – 9M/2018
Figure 73: Market share of world synthetic rubber production, 9M/2018
Figure 74: Consumption of synthetic rubber, 2013 – 9M/2018
Figure 75: Market share of synthetic rubber, 9M/2018
Figure 76: Global import and export of synthetic rubber, 2012 - 2018e
Figure 77: Top largest synthetic rubber exporting countries, 2018
Figure 78: Top importers of the largest synthetic rubber, 2018
Figure 79: Volatility of natural rubber and synthetic rubber, Q1/2012 - Q4/2018
Figure 80: Import some monomer, 2012 – 6M/2017e
Figure 81: Importing some aromatic compounds, 2013 – 6M/2017e
Figure 82: Production of primary plastic beads, 2010 – Q1/2019
Figure 83: Supply and demand for polypropylene in Vietnam, 2010 - Q1/2019
Figure 84: Production and consumption output of Binh Son Refinery, 2013 – 2018
Figure 85: Polymer consumption in Vietnam, 2010 - Q1/2019
Figure 86: Market share of additive plastic beads supply, 2017
Figure 87: Market to import plastic materials by value, Q1/2019
Figure 88: Import of primary plastic beads, 2010 - Q1/2019
Figure 89: Market structure of imported plastic materials by volume, Q1/2019
Figure 90: Top importers of largest plastic materials, April 2018
Figure 91: Import structure of plastic materials by categories, Q1/2019
Figure 92: Import structure of plastic materials by categories, 2012 – Q1/2019
Figure 93: Export value of polymer, 2012 - Q1/2019
Figure 94: Export market structure of plastic beads by output, Q1/2019
Figure 95: Structure of polymer export market by value, Q1/2019
Figure 96: Export structure of plastic materials by categories, Q1/2019
Figure 97: Export value of PP and PE, 2012 – Q1/2019
Figure 98: Import and export of synthetic rubber, 2011 - 2018
Figure 99: Market structure for importing synthetic rubber, 2018
Figure 100: Structure of synthetic rubber transport vehicles, 2018
Figure 101: Top enterprises importing the largest synthetic rubber, 2018
Figure 102: Structure of payment method code in importing synthetic rubber, 2018
Figure 103: World average crude oil price, 2014 - 3/2019
Figure 104: Monomer price movements, 5/2017 - 3/2019
Figure 105: Production capacity of bioplastic in the world,2012 - 2018f
Figure 106: Growth in global PP and PE demand, 2014 - 2019f
Figure 107: Plastic consumption per capita, 1989 - 2020F
Figure 108: Export turnover of plastic products, 2010 - 2018e
Figure 109: Forecast of PP and PVC production capacity, 2016 - 2021f
Figure 110: Net revenue and gross profit, 2017 - 2018
Figure 111: Administrative expenses/Net revenue ratio, 2017 - 2018
Figure 112: Self-financing ratio, 2017 - 2018
Figure 113: Solvency, 2017 - 2018
Figure 114: Days of sales outstanding, 2018
Figure 115: Inventory holding period, 2018
Figure 116: Total and fixed asset turnover
Figure 117: Profit rate, 2018
Figure 1: GDP growth rate by quarter, 2016 - Q1/2019
Figure 2: Importing plastic materials and proportion in total turnover,
2010 - Q1/2019
Figure 3: USD/VND exchange rate, 2013 – Q1/2019
Figure 4: CNY/VND exchange rate, 2013-2018
Figure 5: Attracting FDI by sector, Q1/2019
Figure 6: SCG's ownership rate in Vietnamese plastic enterprises, 2018
Figure 7: Market share of global plastic production, 2017
Figure 8: Thermoplastic production share, 2015
Figure 9: Structure of thermosetting plastics, 2017
Figure 10: Global synthetic rubber production by category, 2017
Figure 11: Material structure for Monomer production, 2016
Figure 12: Products obtained from Naphtha distillation, 2015
Figure 13: Products obtained from Ethane distillation, 2015
Figure 14: Global ethylene supply and demand, 2010 - 2017f
Figure 15: Application structure of Ethylene in plastic material production, 2016
Figure 16: Ethylene production structure, 2016
Figure 17: Structure of ethylene consumption market dichloride, 2016
Figure 18: Regional ethylene demand, 2017
Figure 19: Global ethylene prices, 5/2017 – 3/2019
Figure 20: Global ethylene export structure, 2016
Figure 21: Global ethylene trade, 2011 - 2017
Figure 22: Global ethylene import structure, 2016
Figure 23: Global supply of Propylene, 2010 - 2017f
Figure 24: Regional Propylene production structure, 2016
Figure 25: Global propylene prices, 5/2017 - 3/2019
Figure 26: Global propylene trade, 2011 - 2017
Figure 27: Butadiene global capacity and production, 2011 - 2015
Figure 28: Butadiene consumption structure by country, 2017
Figure 29: Butadiene consumption structure by product, 2017
Figure 30: SBR consumption structure by region, 2017
Figure 31: Price fluctuations butadiene, 3/2018 - 9/2018
Figure 32: Global supply - demand benzene, 2012 - 2017f
Figure 33: National benzene production structure, 2016
Figure 34: Global benzene demand by application, 2017
Figure 35: Benzene price fluctuations, 5/2017 - 11/2018
Figure 36: Global production of plastic and plastic resins, 2010 - 2017e
Figure 37: Plastic production structure by region, 2016
Figure 38: Production capacity of some polymer types in the world, 2016
Figure 39: Production capacity of thermoplastic beads by region, 2016
Figure 40: Production capacity and global PE demand by region, 2017
Figure 41: Global polymer revenue, 2006 - 2016
Figure 42: Polymer revenue by region, 2016
Figure 43: Global Polymer consumption structure by sector, 2016
Figure 44: Consumption of raw plastic materials per capita, 2017
Figure 45: Global polymer consumption demand, 2010 - 2017e
Figure 46: Demand for Polymer consumption by region 2016
Figure 47: PE demand by region, 2016
Figure 48: Consumption of primary plastic beads according to categories, 2016
Figure 49: Structure of PE consumption demand by application, 2016
Figure 50: Global PVC consumption structure by application, 2017
Figure 51: PVC consumption per capita in some Asian countries, 2017
Figure 52: Export of global primary plastic beads by value, 2013 - 2018e
Figure 53: Top exporters of the largest primary plastic beads, 2016 - 2017
Figure 54: Import of global primary plastic pellets by value, 2013 - 2018e
Figure 55: Top largest Polymer importers, 2016 - 2017
Figure 56: Top largest PE importers and exporters , 2018
Figure 57: Surplus/Global trade PE and PP deficits by region, 2017
Figure 58: Polymer price volatility, 5/2015 - 3/2019
Figure 59: Production capacity of some Polymer types in China, 2015 - 2022f
Figure 60: Polymer production output of Europe, 2011 - 2017
Figure 61: Major polymer import and export markets of Europe, 2017
Figure 62: Polymer use structure in Europe by sector, 2017
Figure 63: Polymer consumption structure by country in Europe, 2017
Figure 64: Structure of polymer use in Europe by categories, 2017
Figure 65: Polymer production output in the US, 2008 - 2017
Figure 66: Top of Polymer products with high consumption growth in the US, 2017
Figure 67: Global rubber production and consumption, 2010 – 9M/2018
Figure 68: Rubber production structure in the world, 2010 – 9M/2018
Figure 69: Rubber consumption structure in the world, 2010 – 9M/2018
Figure 70: Global production and consumption of synthetic rubber, 2010 – 9M/2018
Figure 71: Consumption structure of synthetic rubber by product, 2015
Figure 72: Global synthetic rubber production, 2013 – 9M/2018
Figure 73: Market share of world synthetic rubber production, 9M/2018
Figure 74: Consumption of synthetic rubber, 2013 – 9M/2018
Figure 75: Market share of synthetic rubber, 9M/2018
Figure 76: Global import and export of synthetic rubber, 2012 - 2018e
Figure 77: Top largest synthetic rubber exporting countries, 2018
Figure 78: Top importers of the largest synthetic rubber, 2018
Figure 79: Volatility of natural rubber and synthetic rubber, Q1/2012 - Q4/2018
Figure 80: Import some monomer, 2012 – 6M/2017e
Figure 81: Importing some aromatic compounds, 2013 – 6M/2017e
Figure 82: Production of primary plastic beads, 2010 – Q1/2019
Figure 83: Supply and demand for polypropylene in Vietnam, 2010 - Q1/2019
Figure 84: Production and consumption output of Binh Son Refinery, 2013 – 2018
Figure 85: Polymer consumption in Vietnam, 2010 - Q1/2019
Figure 86: Market share of additive plastic beads supply, 2017
Figure 87: Market to import plastic materials by value, Q1/2019
Figure 88: Import of primary plastic beads, 2010 - Q1/2019
Figure 89: Market structure of imported plastic materials by volume, Q1/2019
Figure 90: Top importers of largest plastic materials, April 2018
Figure 91: Import structure of plastic materials by categories, Q1/2019
Figure 92: Import structure of plastic materials by categories, 2012 – Q1/2019
Figure 93: Export value of polymer, 2012 - Q1/2019
Figure 94: Export market structure of plastic beads by output, Q1/2019
Figure 95: Structure of polymer export market by value, Q1/2019
Figure 96: Export structure of plastic materials by categories, Q1/2019
Figure 97: Export value of PP and PE, 2012 – Q1/2019
Figure 98: Import and export of synthetic rubber, 2011 - 2018
Figure 99: Market structure for importing synthetic rubber, 2018
Figure 100: Structure of synthetic rubber transport vehicles, 2018
Figure 101: Top enterprises importing the largest synthetic rubber, 2018
Figure 102: Structure of payment method code in importing synthetic rubber, 2018
Figure 103: World average crude oil price, 2014 - 3/2019
Figure 104: Monomer price movements, 5/2017 - 3/2019
Figure 105: Production capacity of bioplastic in the world,2012 - 2018f
Figure 106: Growth in global PP and PE demand, 2014 - 2019f
Figure 107: Plastic consumption per capita, 1989 - 2020F
Figure 108: Export turnover of plastic products, 2010 - 2018e
Figure 109: Forecast of PP and PVC production capacity, 2016 - 2021f
Figure 110: Net revenue and gross profit, 2017 - 2018
Figure 111: Administrative expenses/Net revenue ratio, 2017 - 2018
Figure 112: Self-financing ratio, 2017 - 2018
Figure 113: Solvency, 2017 - 2018
Figure 114: Days of sales outstanding, 2018
Figure 115: Inventory holding period, 2018
Figure 116: Total and fixed asset turnover
Figure 117: Profit rate, 2018
