New Rubber Consumption in 2024 Expected to Increase 1%: JRMA Forecast

On January 26, the Japan Rubber Manufacturers Association (JRMA) announced its forecast for new rubber consumption in 2023 and 2024. According to the report, both Japanese domestic shipments and exports, on a rubber volume basis, of mainstay automotive tires in 2023 will be lower than in 2022. For industrial products, although the recovery of automobile production was a positive factor,…

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