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Demand for Rubber Processing Chemicals to Reach 1.4 Million m.t. in 2015

3:59 AM MDT | April 12, 2012 | Sotirios Frantzanas

Sales of rubber-processing chemicals will grow 4.7%/year through 2015, to approximately 1.4 million m.t., according to a study by The Freedonia Group (Cleveland, OH), an industry market research firm. The market will experience substantial gains in the Asia/Pacific, especially in China, where rubber chemical demand is projected to increase 8.1%/year through 2015 to more than 575,000 m.t. Contrastingly, demand is expected to grow at less than 1%/year in the U.S., Western Europe, and Japan. The demand for rubber processing chemicals follows rubber consumption...

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