Vietnam Styrene-Butadiene Rubber Import Guide 2023-2026

Description

Vietnam Styrene-Butadiene Rubber Import Guide

Introduction

To help global large-scale petrochemical enterprises, chemical groups, synthetic rubber manufacturers, and bulk chemical traders efficiently expand into the Vietnamese market, CRI releases the “Vietnam Styrene-Butadiene Rubber Import Guide 2023-2026.” The guide provides an overview of the Vietnamese styrene-butadiene rubber industry, import market, and import company information for the period.

The types of importing companies are diverse, including tire manufacturers, rubber product manufacturers, footwear manufacturers, and chemical traders. This guide features the top 10 importing companies, including company profiles, contact information, and important information such as import volume, value, price, import resources, and major suppliers for 2023-2026 (including Excel data source).

The publication of the “Vietnam Styrene-Butadiene Rubber Import Guide 2023-2026” aims to provide global synthetic rubber exporters with precise customer acquisition channels, helping them expand into the Vietnamese market more efficiently. It also provides valuable decision-making insights for international trading companies and investment institutions, helping them optimize their regional supply chain strategies. This guide will help suppliers stay abreast of market trends in Vietnam, mitigate potential risks and enhance their international competitiveness.

Industry Overview

Styrene-Butadiene Rubber (SBR) constitutes a vital component of the rubber chemicals and polymer materials industries, primarily serving downstream sectors such as tire manufacturing, general rubber products, and footwear materials.

Vietnam’s SBR industry has maintained steady growth in recent years, driven primarily by the expansion of the domestic automotive manufacturing, tire, and general rubber products sectors.

Vietnam’s domestic production capacity for styrene-butadiene rubber is limited and unable to fully meet the demands of downstream industries. Therefore, it is highly dependent on imports. Major sources of imports include South Korea, Japan, China, and other Southeast Asian nations.

The industry market exhibits a trend toward consolidation, with a small number of large-scale manufacturers controlling the majority of the supply share, while domestic small and medium-sized traders and distributors play a crucial role in the distribution network.

Looking ahead, as Vietnam’s industrialization accelerates and demand for downstream rubber products continues to rise, the SBR industry is projected to sustain its steady expansion.

Import Market Overview

Vietnam’s imports of styrene-butadiene rubber continue to expand, with a relatively rapid growth rate.

According to CRI analysis, Vietnam’s import market for Styrene-Butadiene Rubber (SBR) has exhibited a trend of steady growth in recent years, driven primarily by increasing domestic demand from the tire, automotive parts, and industrial products manufacturing sectors. Due to limited domestic synthetic rubber production capacity, domestic output struggles to fully satisfy the downstream industry’s demand for high-quality styrene-butadiene rubber; consequently, imports serve as the primary supplementary channel for the market.

According to CRI statistics, approximately 425 buyers in Vietnam imported styrene-butadiene rubber in 2024, totaling US$ 352 million, an increased of 15.7%. In 2025, Vietnam’s total Styrene-Butadiene Rubber imports reached US$ 442 million, an increased of 25.5% compare to 2024.

South Korea and China are Vietnam’s top two sources for styrene-butadiene rubber imports.

According to CRI analysis, South Korea and China were the top two sources of Vietnam’s styrene-butadiene rubber imports, accounting for approximately 36.3% and 30.7% of total imports respectively in 2025.

CRI predicts that with the continued expansion of Vietnam’s automotive industry and infrastructure development, demand for styrene-butadiene rubber imports is expected to maintain steady growth..

Overview of Foreign Investment in Vietnam’s Styrene-Butadiene Rubber Industry

Investment Background

Against the backdrop of a global supply chain reshuffle, the dividends of regional trade agreements (such as RCEP, CPTPP, and EVFTA), and the expansion of its domestic processing and manufacturing sectors, Vietnam is actively seeking to attract Foreign Direct Investment (FDI)—specifically aiming to introduce technology, capital, and managerial expertise into its manufacturing industry.

Vietnam’s automotive, tire, and industrial rubber industries are developing rapidly, creating a potential market for the production of rubber raw materials such as styrene-butadiene rubber (SBR) and its processed products.

Investment Advantages

1. Political stability and rapid economic development. The Vietnamese government has strong governing capabilities, consistent policies, and a focus on economic development and improving people’s livelihoods.

2. Relatively low labor costs.

3. Strategically located in the eastern part of the Indochina Peninsula, with a 3,260-kilometer coastline and numerous ports, transportation is convenient.

4. Relatively relaxed policies and regulations provide foreign investors with comprehensive legal protections and generous preferential policies.

5. Vietnam has a high level of openness to the outside world, with 19 free trade agreements signed or in progress. Investors can use platforms such as RCEP and the China-ASEAN Free Trade Area to explore a broader international market.

Investment Regulations

According to Vietnam’s investment law and other regulations, Vietnam’s rubber manufacturing industry is not a sector that restricts or prohibits foreign investment, and foreign-invested enterprises can enter the market by establishing wholly foreign-owned enterprises or joint ventures. When engaging in production or trading activities, enterprises are required to complete the necessary investment registration and business registration procedures.

 

Guide Highlights:

Comprehensive Coverage:

This directory includes major importers in Vietnam, including large-scale agricultural groups, agricultural equipment dealers, agricultural cooperatives and farmer organizations, traders, and key end-buyers.

Detailed Information:

Including basic information of the TOP10 importers, contact information, import quantity, import value, price, import source and main suppliers.

Product Focus:

With data-driven and market-oriented approach, we focus on key industries and conduct in-depth analysis of Vietnam’s import policies, market demand and major sources of imports. Whether you are a foreign trade company, an investment institution, or a practitioner upstream or downstream of the industrial chain, you can quickly find reliable information and practical strategies here.

Efficient Connectivity:

The guide has a clear format and includes Excel data, which facilitates quick screening, group management and batch contact, helping global suppliers to efficiently connect with the Vietnamese market.

Market Value:

The guide includes an overview of Vietnam’s  styrene-butadiene rubber industry, an overview of the import market, and a brief analysis of market demand trends, helping global suppliers seize the Vietnamese market and opportunities.

Table of Contents

1 Industry Overview

1.1 Industry Definition and Classification

1.2 Current Status of the Vietnamese Styrene-Butadiene Rubber Industry

1.2.1 Supply Situation of the Vietnamese Styrene-Butadiene Rubber Industry

1.2.2 Downstream Market Demand Situation of the Vietnamese Styrene-Butadiene Rubber Industry

1.3 Overview of Foreign Investment in the Vietnamese Styrene-Butadiene Rubber Industry

 

2 Import Market Overview

2.1 Import Scale of Styrene-Butadiene Rubber in Vietnam

2.2 Major Import Sources of Styrene-Butadiene Rubber in Vietnam

 

3 Overview of Importers (2023-2026)

3.1 Importers Overview of Styrene-Butadiene Rubber in Vietnam (2023)

3.1.1 Total Scale of Importers

3.1.2 Top 5 Importers

3.2 Importers Overview of Styrene-Butadiene Rubber in Vietnam (2024)

3.2.1 Total Scale of Importers

3.2.2 Top 5 Importers

3.3 Importers Overview of Styrene-Butadiene Rubber in Vietnam (2025)

3.3.1 Total Scale of Importers

3.3.2 Top 5 Importers

3.4 Importers Overview of Styrene-Butadiene Rubber in Vietnam (2026)

3.4.1 Total Scale of Importers

3.4.2 Top 5 Importers

 

4 List of the Top 10 Importers in 2026

4.1 Company 1

4.1.1 Introduction to Company 1

4.1.2 Import Status of Company 1, 2023-2026

4.2 Company 2

4.2.1 Introduction to Company 2

4.2.2 Import Status of Company 2, 2023-2026

4.3 Company 3

4.3.1 Introduction to Company 3

4.3.2 Import Status of Company 3, 2023-2026

4.4 Company 4

4.4.1 Introduction to Company 4

4.4.2 Import Status of Company 4, 2023-2026

4.5 Company 5

4.5.1 Introduction to Company 5

4.5.2 Import Status of Company 5, 2023-2026

4.6 Company 6

4.6.1 Introduction to Company 6

4.6.2 Import Status of Company 6, 2023-2026

4.7 Company 7

4.7.1 Introduction to Company 7

4.7.2 Import Status of Company 7, 2023-2026

4.8 Company 8

4.8.1 Introduction to Company 8

4.8.2 Import Status of Company 8, 2023-2026

4.9 Company 9

4.9.1 Introduction to Company 9

4.9.2 Import Status of Company 9, 2023-2026

4.10 Company 10

4.10.1 Introduction to Company 10

4.10.2 Import Status of Company 10, 2023-2026

 

5 Suggestions of Investment and Cooperation

5.1 Investment Suggestions

5.2 Cooperation Suggestions

 

 

List of Chart

Chart 2023-2026 Styrene-Butadiene Rubber Market Size in Vietnam

Chart 2023-2026 Styrene-Butadiene Rubber Import Market Size in Vietnam

Chart 2023-2026 Major Import Sources of Vietnam’s Styrene-Butadiene Rubber

Chart 2023 Styrene-Butadiene Rubber Import Companies and Total Import Value

Chart 2024 Styrene-Butadiene Rubber Import Companies and Total Import Value

Chart 2025 Styrene-Butadiene Rubber Import Companies and Total Import Value

Chart 2026 Styrene-Butadiene Rubber Import Companies and Total Import Value

Chart List of the Top 10 Importing Companies in 2026

Chart Company 1 Profile

Chart Import Scale of Company 1, 2023-2026

Chart Major Import Sources of Company 1, 2023-2026

Chart Major Suppliers of Company 1, 2023-2026

Chart Company 2 Profile

Chart Import Scale of Company 2, 2023-2026

Chart Major Import Sources of Company 2, 2023-2026

Chart Major Suppliers of Company 2, 2023-2026

Chart Company 3 Profile

Chart Import Scale of Company 3, 2023-2026

Chart Major Import Sources of Company 3, 2023-2026

Chart Major Suppliers of Company 3, 2023-2026

Chart Company 4 Profile

Chart Import Scale of Company 4, 2023-2026

Chart Main Import Sources of Company 4, 2023-2026

Chart Main Suppliers of Company 4, 2023-2026

Chart Company 5 Profile

Chart Import Scale of Company 5, 2023-2026

Chart Main Import Sources of Company 5, 2023-2026

Chart Main Suppliers of Company 5, 2023-2026

Chart Company 6 Profile

Chart Import Scale of Company 6, 2023-2026

Chart Main Import Sources of Company 6, 2023-2026

Chart Main Suppliers of Company 6, 2023-2026

Chart Company 7 Profile

Chart Import Scale of Company 7, 2023-2026

Chart Main Import Sources of Company 7, 2023-2026

Chart Main Suppliers of Company 7, 2023-2026

Chart Company 8 Profile

Chart Import Scale of Company 8, 2023-2026

Chart Major Import Sources of Company 8, 2023-2026

Chart Major Suppliers of Company 8, 2023-2026

Chart Company 9 Profile

Chart Import Scale of Company 9, 2023-2026

Chart Major Import Sources of Company 9, 2023-2026

Chart Major Suppliers of Company 9, 2023-2026

Chart Company 10 Profile

Chart Import Scale of Company 10, 2023-2026

Chart Major Import Sources of Company 10, 2023-2026

Chart Major Suppliers of Company 10, 2023-2026