Industry Trends

September 2019

See what has been happening in Asia’s rubber industries over the last weeks. What are experts and industry magazines talking about?

What has been happening?

OTR tyre sector news, infrastructure projects, old tyres for rubber asphalt, and more. Find out what journals and industry experts have been discussing in the last four weeks.

Latest Industry Articles

Slowdown ahead for China rubber

Tire Business

Revenue generated by China’s rubber industry was essentially unchanged last year versus 2017, at $105 billion, according to China’s National Bureau of Statistics. The value of exports rose 4.4% to $23 billion.

OTR, the most competitive, cost-oriented tyre sector

Tyre Asia

The production of Off the Road Tyres,” commonly called “OTR”, requires special know-how as it is a huge tyre segment and never forgives manufacturing faults. Failures leading to tyre losses in production or on the part of the customer are always problematic due to manufacturing defects.

OTR tyre sector set for global growth

Tyre Asia

A new market research report by Smithers Rapra, a world leader in forecasting tyre industry trends, says the global OTR tyre market, which is estimated to be nearly 3.9 million tonnes in 2018 valued at over $26.1 billion, is projected to grow in volume and value terms through 2024.

Old tires get a new lease of life on the open roads

Shanghai Daily

Builders are working to pave a 2.5-kilometer stretch of road with “rubber asphalt” made from used tires in a development area in the southern Beijing — claiming to be the largest application of the recycled material in Asia.

Thai-Chinese high-speed rail to start operating in 2023

Asia One

The first phase of an 873km high-speed railway between Thailand and China is expected to begin operating within four years, a senior government official said on Tuesday.

Agency urges government to step up EV development

Bangkok Post

The Electric Vehicle Association of Thailand (EVAT) is calling for the government to take more serious action in developing the country’s electric vehicle (EV) roadmap to create a local market that can catch up with rapid improvements in electrified cars globally.

US-China trade war benefits local rubber glove industry

Bernama

Rubber gloves manufacturer, Supermax Corporation Bhd, is expecting its exports to the United States (US) to increase to 40 per cent from the current 30 per cent, boosted by sales of medical gloves due to the ongoing US-China trade war.

Vehicles at the forefront of Myanmar’s drive for industrial growth

Consult-Myanmar

Toyota is developing an assembly plant in Myanmar,signaling strong growth prospects in the local market as the country looks to expand its manufacturing output.

Gov’t sets P100B investment in railways

Tribune

“The DoTr is spending P100.6 billion next year to build, renew and upgrade railways. This is five times the P19.9-billion allocation this year for the same purpose,” said Makati City Rep. Luis Campos Jr., House appropriations committee vice-chairman.

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