While the first half (January-June for fiscal years ending December 31, 2024) earnings results of Japan’s four tire makers were record highs and the first quarter (April-June for fiscal years ending March 31, 2025) earnings results of industrial goods makers were also solid, rubber product makers and trading company officials said that despite these figures, there is no positive response...
Although there are variations by region, manufacturer, and product type, demand for synthetic rubber is increasing amid a general recovery trend in automobile and tire production. Yet in spite of these signs of a turnaround in demand, which had been declining due to inventory adjustments by auto parts manufacturers in the aftermath of the coronavirus pandemic, the environment surrounding synthetic...
Companies in the rubber and plastic hose sector are continuing to see a good level of sales for their plastic hoses and tubes. Amid high global demand for semiconductors and related products, a surge of activity has come about surrounding hoses and tubes for use in semiconductor manufacturing equipment. On top of this, the likes of suction hoses for use...
A growing number of rubber sheet manufacturers are looking to increase prices on their products. Most companies here are considering a 10–20 percent price hike on rubber sheets and an 8–20 percent price hike on other general-purpose products, including plastic ones. And beyond these general-purpose products, a number of companies are in talks with customers to negotiate price hikes for...
Rubber sheets are on the road to recovery, with both production and shipments on the rise. With the market having been hit by COVID-19, figures for May 2020 slumped by more than 25 percent year-on-year; but the economy then started to recover in the following months, showing only a quite small year-on-year decline for October onward. And for the January–March...
Rubber industry earnings reports for the fiscal year through March 2021 show a second-half recovery from nearly across-the-board first-half negative revenue and profit performance due to the economic impact of the COVID-19 pandemic that struck early in 2020. The second-half turnaround reflected a worldwide economic recovery, powered in large part by strong performance in the Chinese and U.S. automotive industries....
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