|
Global demand to rise 4%annually through 2011. World rubber consumption is forecast to increase 4.0 percent annually to 26.5 million metric tons in 2011. Gains will directly benefit from solid growth in world motor vehicle production, as well as a strong global economy. The US, China and Japan dominate global rubber consumption, and will continue to do so, collectively accounting for more than half of the market in 2011. China has become the leading consumer of rubber worldwide, following more than a decade of strong growth in motor vehicle production and industrial goods manufacturing. The country overtook Japan as the second largest rubber market in the late 1990s and by 2001 had essentially caught up to the US as the world’s leading consumer. While China will continue to extend that lead, the US and Japan will remain leading markets worldwide, because of their extensive motor vehicle and tire industries.
Chinese market to slow yet remain fastest growing
The strongest gains are forecast for China, though the double digit annual gains that characterized China’s rubber market from 2001 to 2006 are forecast to slow significantly as its domestic market matures and motor vehicle production decelerates. The Chinese market will be sustained primarily by expanding demand for industrial rubber products such as hoses, belts and gaskets, offsetting slower, though still solid, growth for tire rubber. Above-average gains also are forecast for most of the rest of the Asia/ Pacific, excluding Japan, which will benefit from strong economic growth and rising motor vehicle production. Inaddition, the growing tire industries in these nations will support demand for rubber. Among the major developed regions, the large North American, West European and Japanese markets will all see gains below the global average. Each of these regions will suffer from a weak outlook for the regional motor vehicle industry and competition from nations with lower labor or raw material costs. Non-tire rubber demand to outpace tire rubber Non-tire rubber will outpace tire rubber demand through 2011, based on a favorable outlook for mid-range elastomers (e.g., ethylene-propylene, nitrile and polychloroprene) used in components such as hoses, belts, gaskets and weatherstripping. Tire rubber demand will benefit from the popularity of performance tires, which use more rubber than all seasonradials and also have shorter service lives, thus stimulating replacement demand. Natural, synthetic rubber to both expand at strong pace Demand for both natural and synthetic rubber will expand at a strong pace, but the division of the market will remain essentially unchanged through 2011, with synthetic rubber continuing to hold approximately 55 percent of demand and natural rubber holding the remaining 45 percent. General-purpose synthetic commodity elastomers -- typically defined as SBR (styrene-butadiene rubber), BR (polybutadiene rubber) and IR (polyisoprene rubber) -- account for the vast majority of synthetic rubber demand.
Study coverage
World Tire & Rubber, a new Freedonia industry study, is available for $5500. It presents historical demand data for the years 1996, 2001 and 2006 and forecasts for 2011 and 2016 by product (tires, natural rubber, synthetic rubber), world region and for 30 national markets. The study also considers market environment factors, assesses global industry structure, evaluates company market share and pro- files 48 industry competitors worldwide
|
|
Table of Contents
Introduction
Executive Summary
Market ENVIRONMENT General World Economic Environment Recent Economic Performance World Economic Outlook World Population Overview World Motor Vehicle Production World Motor Vehicles in Use Natural & Synthetic Rubber Pricing Trends Legal & Regulatory Environment
World Tire Outlook General World Tire Demand World OEM Tire Demand World Replacement Tire Demand World Tire Net Exports World Tire Production World Tire Production Capacity
World Rubber Outlook
General Rubber Consumption by Region Rubber Consumption by Market Rubber Consumption by Type World Rubber Net Exports World Rubber Production World Synthetic Rubber Production World Natural Rubber Production World Synthetic Rubber Capacity
North America General Tire Supply & Demand Tire Production Capacity Rubber Supply & Demand Synthetic Rubber Capacity United States Canada Mexico
Western Europe General Tire Supply & Demand Tire Production Capacity Rubber Supply & Demand Synthetic Rubber Capacity Belgium/Luxembourg France Germany Italy Netherlands Portugal Spain Sweden United Kingdom Other Western Europe
Asia/Pacific
General Tire Supply & Demand Tire Production Capacity Rubber Supply & Demand Synthetic Rubber Capacity Australia China India Indonesia Japan Malaysia South Korea Taiwan Thailand Vietnam Other Asia/Pacific
OTHER REGIONS
Latin America Tire Supply & Demand Tire Production Capacity Rubber Supply & Demand Synthetic Rubber Capacity Brazil Other Latin America Eastern Europe Tire Supply & Demand Tire Production Capacity Rubber Supply & Demand Synthetic Rubber Capacity Czech Republic Poland Russia Ukraine Other Eastern Europe Africa/Mideast Tire Supply & Demand Tire Production Capacity Rubber Supply & Demand Synthetic Rubber Capacity Iran South Africa Turkey Other Africa/Mideast
Industry Structure
General Market Share & Industry Concentration Tires Non-Tire Rubber Products Synthetic Rubber Natural Rubber Acquisitions, Divestitures & Industry Restructuring Cooperative Agreements Marketing & Distribution Competitive Strategies Research & Development
Company Profiles
List Of Tables
Executive Summary 1 Summary Table
Market Environment 1 World Gross Domestic Product by Region 2 World Population by Region 3 World Motor Vehicle Production 4 World Motor Vehicles in Use by Region
World Tire Outlook 1 World Tire Supply & Demand 2 World Tire Demand by Region & Market 3 World OEM Tire Demand by Region 4 World Replacement Tire Demand by Region 5 World Tire Net Exports by Region 6 World Tire Production by Region & Type 7 World Tire Production Capacity by Region, Year-End 2006
World Rubber Outlook 1 World Rubber Supply & Demand 2 World Rubber Consumption by Region 3 World Rubber Consumption by Market 4 World Rubber Consumption by Type 5 World Rubber Net Exports by Region 6 World Rubber Production by Region & Type 7 World Synthetic Rubber Production by Region 8 World Natural Rubber Production by Region 9 World Synthetic Rubber Capacity by Region, Year-End 2006
Industry Structure 1 World Tire Sales by Company, Year-End 2006 2 World Non-Tire Rubber Sales by Company, Year-End 2006 3 World Synthetic Rubber Capacity by Company, Year-End 2006 4 Selected Acquisitions & Divestitures 5 Selected Cooperative Agreements
Kindly click here for Sample Pages
Related Reports:
|