The Japan Construction Equipment Manufacturers Association (CEMA) recently released its construction machinery demand forecasts for fiscal 2024 (April 2023-March 2024) and fiscal 2025 (April 2024-March 2025). The forecasts are based on a survey conducted in July among 61 regular members of the association. According to the survey, Japanese domestic shipments in fiscal 2024 are expected to slightly decline for the...
On March 25, The Japan Rubber Manufacturers Association announced the finalized figures for new rubber consumption in 2023 and the forecast for new rubber consumption in 2024, which reflects the finalized figures. According to the report, the actual consumption of new rubber in 2023 was 982,290 tons, down 3.4% year-on-year for tires (81.0% of the total), 212,040 tons, up 2.9%...
The Japan Construction Equipment Manufacturers Association (CEMA) held a press conference in Tokyo on February 21 to announce its construction machinery demand forecasts for fiscal 2023 (April 2023 – March 2024) and fiscal 2024 (April 2024 – March 2025). The forecasts were compiled based on a questionnaire survey conducted in January of this year among 62 regular members of the...
The Japan Automotive Tire Manufacturers Association (JATMA) recently announced its forecast for Japanese domestic demand for automotive tires in 2023 and 2024. According to the report, total demand for tires for new vehicles in 2023 is expected to be 183.29 million tons, almost unchanged from 2022, with demand for new tires seen to be higher, but demand for tires for...
The Carbon Black Association of Japan recently compiled a forecast for carbon black demand in 2023, which is expected to be 727,250 tons, up 3.4% from the previous year. This is based on economy showing signs of improvement, such as a recovery in consumer behavior, a resurgence in capital investment, and an increase in exports, as the coronavirus pandemic has...
The Japan Rubber Manufacturers Association (JRMA) has released its estimate for new rubber consumption in 2022 and its forecast for 2023. According to the report, in 2022, both Japanese domestic shipments and exports of mainstay automotive tires exceeded the previous year’s levels on a unit basis, but on a rubber volume basis, they were slightly below the previous year’s levels....
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