Japan’s Carbon Black Association has released a forecast of the country’s carbon black demand for 2022, including exports. This points to total demand in the market increasing 6.4 percent year-on-year to 757,840 tons. Looking at carbon black demand for rubber applications specifically, the Carbon Black Association has projected demand growth of 6.8 percent year-on-year to 667,486 tons, including exports. This...
market forecast
JRMA Forecasts 7.9% Increase to Japan’s New Rubber Consumption for 2022
The Japan Rubber Manufacturers Association (JRMA) has revealed its forecast for the consump-tion of new rubber in 2022. Despite concerns around an economic downturn due to the rapid in-crease in Omicron cases, the forecast points to Japan’s consumption of new rubber as rising 7.9 percent year-on-year, reaching 1.35 million tons. In the realm of automotive tires and tubes for OE...
Demand for Japan’s Rubber Belts Expected to Rise 8% Next Year
Demand for Japanese-made rubber belts is projected to rise 8 percent year-on-year to 24,186 tons for 2022, according to a forecast put together by the Japan Belting Manufacturers Association for next year. Out of the 24,186 ton total, domestic demand is set to come to 18,575 tons, up 11 percent year-on-year. Export demand, meanwhile, is expected to come to 5,611...
Demand for Japan’s Rubber Belts Expected to Rise 8% Next Year
Demand for Japanese-made rubber belts is projected to rise 8 percent year-on-year to 24,186 tons for 2022, according to a forecast put together by the Japan Belting Manufacturers Association for next year. Out of the 24,186 ton total, domestic demand is set to come to 18,575 tons, up 11 percent year-on-year. Export demand, meanwhile, is expected to come to 5,611...
Companies Struggle to Predict How Novel Coronavirus Will Impact Rubber Industry With Uncertainties Hovering Over Western Markets
Around two months have now passed since the novel coronavirus came to be widely reported on in the global media. But unlike in China, where some aspects relating to the virus outbreak are starting to calm down, the world more broadly is seeing the virus continue to spread. Against this backdrop, one player in the field noted concern around how...
JATMA: Domestic Demand for Automotive Tires to Fall 1% in 2020
The Japan Automobile Tyre Manufacturers Association (JATMA) has put together a forecast of domestic automotive tire demand in Japan for 2020. According to this forecast, major product categories are expected to show lower demand across the board compared to 2019, with total demand for the year falling 1 percent to just under 116.27 million tires. For OE tires, JATMA is...