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Global rubber consumption is forecast to rise 4.3 percent per yearthrough 2015 to 30.5 million metric tons . Rubber demand will be stimulated by an increase in tire outputgrowth as global motor vehicle production accelerates following arelatively weak 2005-2010 period in many developed nations aroundthe world. Because replacement motor vehicle tires represent byfar the largest market for rubber, strong increases in the numberof motor vehicles in use throughout the world will significantlyboost the amount of rubber consumed worldwide. Growth in motorvehicle production will also support demand for rubber utilized intires, as well as in various automotive components, such as hosesand gaskets. In addition, a pickup in global manufacturingactivity through 2015 will spur rubber demand in non-tireapplications. These and other trends, including market share andproduct segmentation, are presented in World Rubber , a new study from The Freedonia Group, Inc. , a Cleveland-based industry market research firm. The Asia/Pacific region is by far the largest regional market forrubber, accounting for 60 percent of global demand in 2010. In addition, the region will register the fastest growth inrubber consumption through 2015. The massive Chinese rubbermarket, which alone accounted for nearly one-third of global rubberdemand in 2010, will record the strongest gains of any major nationthrough 2015. The large amount of motorcycle and bicycleproduction in the country supports significant demand for rubberutilized in non-motor vehicle tires. The rubber markets in NorthAmerica and Western Europe will rebound somewhat from the salesdeclines recorded during the 2005 to 2010 period. Rubber marketsin Eastern Europe and Central and South America will also seeaccelerating growth through 2015, while gains in the smallAfrica/Mideast market will match the global pace. Tire rubber, which accounts for about two-thirds of all rubberdemand, is expected to register slower gains than non-tire rubbersales through 2015 . Production of non-motor vehicle tires -- including bicycle,motorcycle and industrial vehicle tires -- will significantlyoutpace motor vehicle tire output in certain areas of the world,especially developing nations in the Asia/Pacific region. Nevertheless, rubber used in motor vehicle tires, which accountedfor 57 percent of tire rubber sales in 2010, will continue torepresent the majority of tire rubber demand. Rubber utilized innon-tire applications will register stronger gains through 2015,but will remain the much smaller segment of the rubber market. The Freedonia Group is a leading international business research company, founded in 1985, that publishes more than 100 industryresearch studies annually. This industry analysis provides anunbiased outlook and a reliable assessment of an industry andincludes product segmentation and demand forecasts , industry trends, demand history, threats and opportunities,competitive strategies, market share determinations and companyprofiles. I am an expert from yarndyed-fabric.com, while we provides the quality product, such as China Cotton Poly Fabric , Special Finish Fabric, Cotton Yarn Dyed Fabric,and more.
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