The Market for Rubber Parts for Two-Wheelers in Southeast Asia: Focus on Indonesia, Vietnam, Philippines and Thailand (June 2015)

104 pages. This report examines the market for rubber parts for two-wheelers in Indonesia, Philippines, Thailand and Vietnam. It aims to provide comprehensive and up-to-date information on the market size of key rubber parts and consumption patterns in the original equipment manufacturers (OEM) and replacement equipment manufacturers (REM) segments. Information on the supply chain and key suppliers of rubber parts is also provided. Such information should be useful for Malaysian manufacturers who are exporting rubber automotive parts to these markets and for those considering such exports. The Southeast Asian region has a large two-wheeler industry with close to 150 million units of two-wheelers in-use in 2013. The markets for rubber parts in the OEM and REM segments have benefited from manufacturing expansion and growth in domestic sales of two-wheelers. Domestic consumption of rubber parts for two- wheelers in the four countries is projected to expand by a CAGR of between 5% and 10% in the next five years (2014-2018). Several critical rubber parts for two-wheelers such as brake drum rubber, rubber chain links, O-rings and brake hoses still need to be imported due to limited capabilities of local manufacturing in producing these products.