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| Explore the world's tyre manufacturers this April |
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Vietnam is one of the highest ranked natural rubber manufacturing nations in the world, and the tyre sector has become a key focus for the country’s automotive industry.
For the first time, the show will introduce the brand new Tyre Competence which is dedicated to exhibitors promoting tyre products and represents the special needs of the Vietnamese market. Exhibiting companies from the sector will be labelled under Tyre Competence, to allow fairgoers to quickly identify the relevant exhibitors for an improved sourcing experience.
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Mitra Rubber Industries (MRI)
Established in 2011, MRI is introducing the revolutionary INFINERA and INDOTUBE to the Vietnamese market.
The company supplies components to Suzuki and a number of other leading brands and OEMs across Indonesia, Malaysia, the Philippines, and Thailand.
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Omexey Rubber Industry Corp
Founded in 1990, Omexey is a leading multi-disciplinary manufacturer of domestic and lifestyle goods for Europe, the Americas and Asia.
The company's SOBEK brand has been developed to meet the ever growing demand for tyres in the Vietnamese aftersales market.
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PT Astra Otoparts Tbk
Using their revolutionary PROGD technology (Progressive Groove Design), Astra Otoparts redefine quality in the OEM and REM tyre market.
The company's quality products are trusted by leading component suppliers from China, Europe, Japan, Taiwan and the US.
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Ying Paio Enterprise Co Ltd
With over 40 years' experience, Ying Paio has earned a worldwide reputation for quality of their namesake YING PAIO and THUMBS UP brands of tyre repair materials & personal DIY kits for all vehicles.
Based in Taiwan, Ying Paio with over 80 different solutions and products for the automotive consumer.
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| Vietnam Tyre Market Forecast & Opportunities |
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The tyre market in Vietnam is projected to cross USD 3 billion by the end of 2021. In 2015, the country’s tyre market was dominated by the motorcycle segment, owing to huge and continuously expanding two-wheeler fleet size. This anticipated to increase from 45 million units in 2015 to 62 million units by 2021.
Region–wise, South Vietnam was the largest demand generator of tyres during 2011 – 2015, as the region has evolved as the country’s economic powerhouse due to largescale infrastructure development activities, coupled with increasing population and business activities.
Reference: TechSci Research, July 2016
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