AMHERST, Mass. (Sept. 12, 2011)—Notch Consulting Group forecasts that global demand for rubber chemicals will increase 4.1 percent per year from 2010 to 2015, while growth for the world excluding China will average 3.2 percent per year over the same period.
The Chinese market is forecast to see gains of 5.7 percent per year from 2010 to 2015.
Increased production of radial passenger tires remains the primary growth driver, reflecting robust new investment in production capacity by tire companies, according to the report.
These forecasts, as well as extensive regional and product data, are included in the new issue of Notch's biannual report, the Rubber Chemicals Market Update.
The report provides current and projected demand for rubber chemicals, including antidegradants, accelerators and other chemicals. The report includes both quarterly and annual data and covers all years from 2000 to 2010, with forecasts for 2011 and 2015.
To order or for more information, please contact Notch Consulting Group at [email protected]