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Global rubber machinery market forecast to reach $5.6 billion by 2021

Monday, November 13, 2017
Dublin, Ireland - The development of the rubber machinery industry is closely related to the development of the tire industry. The weak tire industry in the past two years has dragged down the development of the global rubber machinery industry whose sales reduced 4.2 percent year on year to $4.6274 billion in 2016. As the tire industry resumes growth, the global rubber machinery revenue is expected to maintain the growth rate of about 5 percent between 2017 and 2021, and will hit $5.634 billion in 2021, according to the latest report from Research and Markets. China has garnered the highest rubber machinery revenue in the world for 13 consecutive years, with annual sales of RMB 9.6 billion and accounting for 36.2 percent of the global total in 2016. Under the considerably improved environment for rubber, tires and the like, the global rubber machinery industry has ameliorated since the second half of 2016; plus, China's victory in final results of the anti-dumping and countervailing duty investigation initiated by the United States against Chinese truck and bus tires at the beginning of 2017 has facilitated the development of the tire market and led to tire makers' greater willingness to make more investments for capacity expansion. The rubber machinery industry will resume growth in 2017, and achieve RMB 14.1 billion in 2021. In the future, driven by Industry 4.0, intelligent manufacturing and other policies, technological innovation, equipment automation and intellectualization will be the main development trend of rubber machinery; besides, the enterprises boasting state-of-the-art technologies will gradually seize the market. - * Email


This Weeks Headlines - Past 7 Days

Friday, November 17, 2017
Myanmar rubber exports set to rise
Global carbon black market forecast to grow at a CAGR of 4.8 percent through 2024
Lanxess to purchase Solvay's U.S. based phosphorus unit
Continental to invest more than $9 million in its textile reinforcement business in Georgia
Book of the Day - Resistance and Stability of Polymers

Thursday, November 16, 2017
Trinseo starts up new production line at Zhangjiagang, China plant
Registration for the 19th Annual AMAP Conference & Workshop is now open

Wednesday, November 15, 2017
Call for abstracts issued, registration open for the International Conference on Plastics and Rubber Technology Spring 2018
Global silicone defoamers market forecast to reach $16.8 billion by 2025
Dow Chemical announces Evolv3D platform for high-performance 3D printing materials
FDA warns about illegal use of injectable silicone for body contouring and associated health risks
Thai farmers demand all board members of Thai Rubber Authority be dismissed

Tuesday, November 14, 2017
Falken chosen as OEM for the VW Polo
ChemSpec announces exclusive distribution agreement with M&B GreenUS
USW seeks Labor Secretary’s help in dispute with Korean tire company
Fluoroelastomers market forecast to reach $1.64 billion by 2022
Malaysia's natural rubber production fell 12.6 percent in September

Monday, November 13, 2017
Rubber farmers to protest in Bangkok over falling rubber prices
Global rubber machinery market forecast to reach $5.6 billion by 2021
Bridgestone’s foamed rubber technology behind Blizzak studless tire success
TechnoBiz holds Tire Technology training program in Bangkok in December
Songwon Industrial Group releases third quarter results




Todays Headlines



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