Signs of recovery have emerged in demand for fluorine rubber sheets, which had been in a slump. With the elimination of the oversupply of semiconductors, there has been movement in the production of semiconductor manufacturing equipment, which had been undergoing production adjustments, and this has led to an upturn in current demand. Demand for silicone rubber sheets is also increasing...
market trends
Review: Japanese Conveyor Belt Market in 2023
According to statistics compiled by the Japan Belting Industry Association, Japanese conveyor belt production in 2023 was 9,073 tons, down 5% from the previous year, marking the second consecutive year of decline and the second year in a row that production has fallen below 10,000 tons. Japanese domestic demand was boosted by an increase in automobile production due to the...
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Report: Japanese Rubber Companies Face Challenging Economic Conditions Abroad
The U.S. and China are not only the two largest economies in the world, but also the world’s number one and number two consumers of new rubber. The economic situation in the two countries has had a significant impact on the performance of Japanese rubber companies. In China, in addition to economic stagnation, Japanese automakers are struggling with sales. In...
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Report: Rubber Industry Faces Changes, Including Weak Yen, Naphta Prices
The environment surrounding the Japanese rubber industry has been changing due to the ongoing depreciation of the yen, the decline in naphtha prices and the slump in China. These changes are a mixture of good and bad news for the rubber industry, but since they are all external factors, it is difficult for individual companies to influence them. Japan Rubber...
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Report: Rubber Companies’ Business Results for Fiscal 2023
The business results for the fiscal year ended March 31, 2023, for rubber and resin-related companies are now available, and among the 31 companies, 14 companies, or nearly half, achieved a record high in either net sales, operating income, ordinary income, or net income. It can be said that many of the companies posted solid performance growth, but automobile production,...
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Japanese Demand for Construction Equipment Expected to Rise 3% for 2019
The Japan Construction Equipment Manufacturers Association (CEMA) has put together a demand forecast for construction equipment over fiscal 2019 and fiscal 2020. Looking first at domestic shipments for the first half of fiscal 2019, there is an expectation that figures will rise for all product types, with a particular increase for excavators. This then stands to bring a 10 percent...
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