The increase in demand for tyres from Asia, is estimated to reach 4.3% annually through 2017 to 2.9 billion units and this should bode well for the synthetic rubber industry
Tag: synthetic rubber
Growth aided by market demand
The global market for nitrile butadiene rubber (NBR) is projected to exceed 645,000 tonnes by the year 2017, according to a new report by Global Industry Analysts. The US company’s other report on chloroprene rubber (CR) also predicts growth with the market forecast to reach 445,000 tonnes by the year 2017.