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As the second-largest rubber producer, Indonesia supplies a substantial amount of rubber to the global market. Since the s, the Indonesian rubber industry has been experiencing steady production growth. Most of the countrys rubber output approximately percent is produced by smallholder farmers. Government and private estates thus play a minor role in the domestic rubber industry.
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Back at the Saigon Exhibition and Convention Center from to March , The th International Plastics & Rubber Technologies and Materials Exhibition for Vietnam organized by Informa Markets Vietnam in conjunction with Messe Düsseldorf Asia promises to provide a potential trading platform for plastic and rubber manufacturers and processors to introduce products, build brand image, expand new cooperation opportunities as well as identify economic potentials in the market of Vietnam.
A key driver for the global rubber market is the Asia-Pacific region where demand is growing robustly, led by China, the worlds leading rubber consumer that is expected to account for nearly percent of total worldwide rubber consumption by (mostly used in its tire manufacturing industry). Meanwhile, strong growth in rubber consumption is also expected to occur in Indonesia, India, Vietnam, and Thailand on the back of developing automotive industries in these countries.