market conditions

Semiconductor Demand Drives Strong Sales for Plastic Hoses and Tubes

Companies in the rubber and plastic hose sector are continuing to see a good level of sales for their plastic hoses and tubes. Amid high global demand for semiconductors and related products, a surge of activity has come about surrounding hoses and tubes for use in semiconductor manufacturing equipment. On top of this, the likes of suction hoses for use...

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Rubber Sheet Manufacturers Eye Price Hikes to Ensure Supply, Business Continuity

A growing number of rubber sheet manufacturers are looking to increase prices on their products. Most companies here are considering a 10–20 percent price hike on rubber sheets and an 8–20 percent price hike on other general-purpose products, including plastic ones. And beyond these general-purpose products, a number of companies are in talks with customers to negotiate price hikes for...

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Market Shows Signs of Strong Recovery for Specialty Rubber Sheets

Rubber sheets are on the road to recovery, with both production and shipments on the rise. With the market having been hit by COVID-19, figures for May 2020 slumped by more than 25 percent year-on-year; but the economy then started to recover in the following months, showing only a quite small year-on-year decline for October onward. And for the January–March...

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Annual Rubber Industry Accounts for FY2020 Show Second-Half Recovery on Automotive Rebound

Rubber industry earnings reports for the fiscal year through March 2021 show a second-half recovery from nearly across-the-board first-half negative revenue and profit performance due to the economic impact of the COVID-19 pandemic that struck early in 2020. The second-half turnaround reflected a worldwide economic recovery, powered in large part by strong performance in the Chinese and U.S. automotive industries....

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EPDM Rubber Prices Driven up by Complex Web of Factors

Ethylene propylene diene monomer (EPDM) rubber is seeing a rise in its overseas market prices. The increase here has been driven by a wide range of factors, including supply–demand tightness, U.S.–China tensions, the recent U.S. cold snap and the global shortage of shipping containers. The U.S., for its part, is not only facing a tight supply–demand balance for domestic EPDM...

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High Transport, Materials Costs Build Momentum for Hose Price Hikes

Price hikes are under consideration in the rubber and resin hose industry as manufacturers grapple with soaring costs of transport and raw materials, in addition to corrections for unprofitable products. While high transport costs are an industrywide issue, factors specific to certain hose types are also evident. High transport costs are not limited to the domestic Japanese industry. Difficulty in...

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