VIETNAM PLASTICS RESIN AND SYNTHETIC RUBBER INDUSTRY

Plastic resins and synthetic rubber are important inputs for many industries, especially plastics and cars. The development of the polymer industry is associated with the petrochemical industry and directly affected by price fluctuation, supply and demand of major raw materials such as crude oil, gas and coal. Global Polymer production capacity is predicted to continue to grow at an average of 3.9% from 2015 to 2020 (according to ICIS).

China is the leading producer of Thermoplastic, with output in 2016 reached 92.1 million tons. In 6M/ 2017, global production of rubber was xx,xxx thousand tons, in which synthetic rubber accounted for 55%, slightly higher than 2016 (54.4%). Rubber consumption reached xx,xxx thousand tons, in which synthetic rubber accounted for 54.3%, unchanged compared to 2016. Global synthetic rubber market is expected to continue to grow with the annual double growth rate of 5.1% in the period 2015 – 2023.

Production of plastic materials and additives in 9M/ 2017 was estimated at xxx thousand tons, up 32.8% over the same period in 2016 (xxx thousand tons). Due to the increasing demand of plastic materials, more and more enterprises have been involved in plastic materials and additives sector. In the first 9 months of 2017, domestic raw material consumption is estimated at x,xxx thousand tons, up 19.3% over the same period of 2016.

The demand for plastic resins has increased, resulting in a sharp increase in plastic resin import in the period of 2012 – 2016 with a CAGR of 19%. Total imports of plastic materials in the first 9 months of 2017 reached x.xx million tons, valued at x.x billion, up 12.4% in volume and 20.7% in value against the first nine months of 2016 respectively.

In recent years, Vietnam plastic industry has been highly evaluated in terms of development speed compared to other countries in ASEAN (rank second position after Thailand) with a production capacity of x.x million tons per year. Vietnam is also one of the fastest growing of plastics industry in the world.

Abbreviations
Executive summary
I. Business environment
1. Macroeconomic situation
2. Legal framework
II. Global market
1.  Definition and classification
2. Value chain of the industry
3. Raw plastic resins
4. Synthetic rubber
III. Vietnam market
1.. Industry scale
2. Raw plastic resins
3. Synthetic rubber
4. Price-affecting factors
IV. SWOT analysis
V. Industry trend and planning
1. Industry development trend
2. Industry development planning
VI. Enterprise analysis
1. Enterprise introduction
2. Financial analysis

 

TPC VINA Plastic and Chemical Corporation Limited
Resinoplast Vietnam Company Limited
SIK Vietnam Company Limited
Vietnam Polystyrene Company Limited
AGC Chemicals Vietnam Company Limited
Toyo Ink Compounds Vietnam Company Limited
Viet Thai Plastchem Company Limited
Tin Kim Plastic Joint Stock Company
Dainichi Color Viet Nam Company Limited

List of figures:
Figure 1: GDP growth rate by quarter, 2015 – Q1/2018
Figure 2: Imports of plastic raw materials and percentage contribution to total turnover, 2010 – Q1/2018
Figure 3: USD/VND exchange rate, 2013 – 3/2018
Figure 4: CNY/VND exchange rate, 1/2016-3/2018
Figure 5: FDI attraction by sector, Q1/2018
Figure 6: Vietnamese plastic enterprise’s SCG ownership, 2017
Figure 7: Classification by polymer effect with temperature
Figure 8: Polymer usage structure, 2015
Figure 9: Thermoplastic production share, 2015
Figure 10: Thermoset plastic production share, 2015
Figure 11: Synthetic rubber production structure, 2015
Figure 12: Global plastic materials production, 2009 – 2016e
Figure 13: Plastic materials production structure by region, 2016
Figure 14: Global polymer production capacity, 2016
Figure 15: Plastic resin production capacity by region, 2016
Figure 16: Global polymer sales, 2006 – 2016
Figure 17: Polymer sales by region, 2016
Figure 18: Polymer consumption structure by sector 2015
Figure 19: Global per capita plastic material consumption by region, 2015
Figure 20: Global polymer consumption demand, 2010 – 2016e
Figure 21: Polymer consumption demand by region, 2016
Figure 22: PE consumption by type, 2016
Figure 23: PE demand by region, 2016
Figure 24: PE consumption by use case, 2016
Figure 25: Global rubber production and consumption, 2010 – 9M/2017
Figure 26: Rubber production structure in the world, 2010- 9M/2017
Figure 27: Global rubber consumption structure, 2010 – 9M/2017
Figure 28: Global synthetic rubber production and consumption, 2010 – 9M/2017
Figure 29: The structure of synthetic rubber consumption by product, 2015
Figure 30: Global synthetic rubber production, 2013 – 9M/2017
Figure 31: Global synthetic rubber production market share, 9M/2017
Figure 32: Synthetic rubber consumption, 2013 – 9M/2017
Figure 33: Synthetic rubber consumption market, 9M/2017
Figure 34: Polypropylene supply – demand in Vietnam, 2010 – Q1/2018e
Figure 35: Raw plastic resins production, 2010 – Q1/2018e
Figure 36: PP production and consumption of Binh Son Oil Refinery, 2013 – 6M/2017
Figure 37: Polymer consumption in Vietnam, 2010 – Q1/2018e
Figure 38: Market share of plastic additives, 2017
Figure 39: Plastic resins imports, 2010 – Q1/2018
Figure 40: Plastic material importing market, Q1/2018
Figure 41: Plastic material import structure by type, Q1/2018
Figure 42: Polymer exporting value, 2012 – Q1/2018
Figure 43: Polymer importing market structure by volume, Q1/2018
Figure 44: Polymer importing market structure by value, Q1/2018
Figure 45: Plastic resins export structure by type, Q1/2018
Figure 46: PP & PE export value, 2012 – Q1/2018
Figure 47: Synthetic rubber import and export, 2011 – Q1/2018e
Figure 48: Export market structure of synthetic rubber, 2017e
Figure 49: Import market structure of synthetic rubber, 2017e
Figure 50: World crude oil average price, 2014 -4/2018
Figure 51: Monomer price volatility, 5/2017 – 4/2018
Figure 52: Bioplastic production capacity in the world, 2012 – 2018F
Figure 53: Net revenue, 2015 – 2016
Figure 54: Gross profit, 2015 – 2016
Figure 55: Self-financing rate, 2015 – 2016
Figure 56: Financial expenses, 2015 – 2016
Figure 57: Total assets ratio, 2015 – 2016
Figure 58: Fixed assets ratio, 2015 – 2016
Figure 59: Total debt / equity, 2015 – 2016
Figure 60: Profit ratio, 2015 – 2016
Figure 61: Payment indicators of enterprises, 2015 – 2016

List of tables:
Table 1: Plastic resin and additives production capacity, 2015
Table 2: Raw plastic resins and additives production in some provinces/cities, Q1/2018
Table 3: LLDPE, LDPE, HDPE, PP distribution figures  in the northern market, 2014-2015
Table 4: Imports of some polymer types, 2012 – Q1/2018e
Table 5: Oil refinery projects, 2011  – 2020