The Japan Belting Industry Association has released its demand forecasts for rubber and plastic belts for the years 2024 and 2025. According to the report, rubber belt production in 2024 is expected to be 17,651 tons, down 9% from the previous year, and rubber belt demand in 2025 is forecast to be 17,402 tons, down 1% from the previous year....
On August 27, the Japan Belting Industry Association announced the sales ratios of conveyor belts and plastic belts by destination for the first half of 2024 (January-June). According to the report, Japanese domestic sales of conveyor belts accounted for 72.9% of total sales by destination (in value terms), with sales value up 10% year-on-year. Exports accounted for 27.1%, with sales...
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