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Asia-Pacific market as the fastest growing region's rubber consumption

2016-06-02 Hits:3211

Asia-Pacific market as the fastest growing region's rubber consumption

It is predicted that between now and 2019, the fastest growth in the world's seven national rubber market, there are six will be distributed in the Asia Pacific region.

Among them, Indonesia, Thailand, India and the fastest growing. Benefit from the strong momentum of manufacturing activity in China, Malaysia and Vietnam, the demand for rubber is also rising rapidly.

To date, China remains the world's largest rubber market, 2019 will account for more than half of the total Asia-Pacific region.

Benefit from the development of the local tire industry, Central America, South America, Africa and the Middle East rubber demand will continue to grow.

The North American and European markets in the next four years, the demand for rubber will be lower than the global average.

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