CLEVELAND (Sept. 16)—Global demand for rubber processing chemicals is forecast to rise 4.2 percent annually through 2006, according to a new study, to 842,000 metric tons as the amount of chemicals used per recipe climbs slightly. The study, "World Rubber Processing Chemicals," attributes the increase to robust growth in non-tire rubber product manufacturing and the continued popularity of performance and larger sport-utility vehicle type tires, which require more chemicals. Demand for antidegradants will outpace overall demand at 4.4 percent per year, according to the study, published by Freedonia Group Inc., and consumption in Asia will rise faster than in other areas.
Rubber chemicals use to grow 4.2% annually, study says
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