The growth area for rubber is in Asia. After a relatively slow growth rate for two consecutive years, total world rubber consumption is forecasted to pick up speed to increase at an average of 4.7% during 2007-2009 - Rubber Industry Report (Jan/Feb 2007)
There are no signs that rubber consumption will let up despite consistently high crude prices and relatively low output growth of NR. Based on figures from International Rubber Study Group, China and India lead the pack, devouring almost 30% of global NR production in 2005, mainly for tires to support their booming auto trade. Hear the latest insight on pricing trends and production outlook for NR. Find out how NR producers are cashing in on the surging demand.
China and India are the key driving forces of the region’s tire industry. According to statistics from China Rubber Industry Association, production and sales revenue from tires grew by 16.35% and 24.02% respectively over the first nine months of 2006 as compared to that of 2005. However, China’s tire industry is almost completely controlled by foreign investors - a sign of danger for domestic tire manufacturers. How do local tire manufacturers compete with the global players? Learn about tire retail and distribution trends from a major Chinese tire producer.
The Indian tire industry is predicted to enjoy a volume growth of 12-14% in 2007 (Way2wealth Securities, 20 Sep 2006). The performance of the tire industry is linked to the automotive and infrastructure sectors. Gain a better understanding of how India’s automotive sector will drive tire demand in the future. In a price-sensitive market, the tire industry has not been able to recover rising raw material costs to full extent through product pricing. How does innovation and R&D ensure the sustainability of profit margins for tire producers?
The prospects for industrial rubber products have never looked brighter due to stronger demand for durable goods. More significantly, non-tire rubber applications have enjoyed technological breakthroughs in recent years. Explore the latest developments and assess the growth potential of these industrial uses of rubber.
These pertinent issues and more will be covered at CMT’s 2nd Asia/China Rubber & Tire Markets! This event will bring together a panel of leading industry experts to discuss and share their views on current concerns including:
• Sustainability of China’s economic growth
• Latest developments in Vietnam’s tire industry
• Regional forecast for China’s automotive markets
• Asia’s radialization trends and prospects
• Retreading trends and outlook in Asia
• Latest updates on Asia’s synthetic rubber markets
• Opportunities and challenges in China’s rubber chemical industry
This conference offers an excellent platform to network and exchange updated market information with fellow industry players. Seize this opportunity to establish business contacts and gain valuable insights to remain competitive in these challenging times. Please log onto
www.cmtevents.com to register now. For enquiries, please contact Vynn at +65 6346 9124 or
vynn@cmtsp.com.sgYou will network with:
• MDs & CEOs • R&D Directors/Managers • Technical Directors/Managers • Technology Design Engineers • Sourcing Directors/Managers • Product Directors/Managers • Business Development Directors/Managers • Sales & Marketing Directors/Managers • Material/Equipment Suppliers • Consultants/Analysts from Natural Rubber Producers • Synthetic Rubber Producers • Raw Material Suppliers • Tire Manufacturers • Rubber Chemical Processing Manufacturers • Tire Cord Producers • Carbon Black Producers and all companies involved in rubber and tire industries