Forecasts for belt and hose sales in 2019 are showing a pessimistic outlook despite what have been favorable market conditions so far this year. These findings come from TGS, an association of industrial rubber product wholesalers in the greater Kanto region. Conducting an independent survey as part of a report on belt and hose trade flows for 2018, TGS found...
Looking at the market for synthetic rubber, solution-polymerized styrene–butadiene rubber (S-SBR) would appear to be on the road to significant growth. Demand for fuel-efficient tires is playing a central role in guiding this rubber down its promising path, creating an expectation that global S-SBR demand will grow by 6–7 percent per year going forward. And Japanese manufacturers, who are technological...
Japan’s construction equipment industry is expected to achieve healthy performance for fiscal 2018–2019, according to a demand forecast recently compiled by the Japan Construction Equipment Manufacturers Association (CEMA). This continues a trend from both fiscal 2017 and early fiscal 2018 wherein sluggish domestic demand has been offset by stronger demand overseas, leading to higher revenues on the whole. Alongside this...
The Carbon Black Association has upwardly revised its demand forecast for carbon black in a midyear revision. Under the association’s new estimates, total demand for domestic product this year – including exports – is now set to hit 765,050 tons. Previously, this figure was projected at 759,049 tons, which would have represented a flat growth rate based on non-finalized demand...
Production volume for new rubber hoses in 2017 is forecast to be 36,632 tons, up 5.8 percent year-on-year, according to annual demand data compiled by the Japan Rubber Hose Manufacturers Association. Meanwhile, shipment value is forecast at 138.4 billion yen ($1.23 billion), up 2.1 percent. Though production volume and shipment value showed losses last year, both are expected to have...
The conveyor belt business is recovering thanks to a turnaround in domestic demand for conveyor production and a 40 percent jump in exports to Australia. Meanwhile, soaring raw material costs are hurting the industry’s bottom line. Production volume figures for January through August compiled by the Japan Belting Manufacturers Association show that output has recovered on a year-on-year basis to...
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