Japan Rubber Manufacturers Association Forecast of New Rubber Consumption in 2024

On March 25, The Japan Rubber Manufacturers Association announced the finalized figures for new rubber consumption in 2023 and the forecast for new rubber consumption in 2024, which reflects the finalized figures. According to the report, the actual consumption of new rubber in 2023 was 982,290 tons, down 3.4% year-on-year for tires (81.0% of the total), 212,040 tons, up 2.9%…

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