Japan’s domestic production of transmission belts fell 2 percent year-on-year in 2018 to end at 11,701 tons, according to statistics from the Japan Belting Manufacturers Association. General-purpose industrial products performed well for the year, with demand increasing for use in the likes of semiconductor production equipment, injection molding machines, machine tools and industrial robots. This was offset, however, by a...
Belt Production
Belt Production Decreases for Eighth Straight Month
Production volume for rubber belts in April was down 4 percent year on year, marking eight straight months of such decreases. Meanwhile, year-on-year exports for that month were up by 3 percent, although a cooling domestic market led to a 6 percent decline in Japan. Figures for each belt category released by the Japan Belting Manufacturers Association indicate that production...
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