• Home

  • Rubber

  • Plastic

  • Contact

Search:

21 Feb 2012: World Tire Demand May Rise 4.7% A Year To 3.3 Bln Units Through 2015

SINGAPORE (Dow Jones)–World tire demand may rise 4.7% annually through 2015 to 3.3 billion units, research company Freedonia said Tuesday.

In terms of value, the tire market may see growth of 6.5% a year and hit $220 billion by 2015, added the Cleveland, Ohio-based firm.

Growth in the large motor-vehicle market in particular will accelerate through 2015, Freedonia said in a statement.

The largest market for tires is Asia-Pacific, which accounted for more than half of global demand in 2010. It will continue to register the strongest growth in demand through 2015, with China leading the way, the statement added.

Source: Dow Jones

Share this:

  • Twitter
  • Facebook

« 21 Feb 2012: Tocom Rubber Settles Higher; May Rise To Y350/Kg
21 Feb 2012: AFET Rubber Closing Price »

This entry was posted on Tuesday, February 21st, 2012 at 4:48 pm and is filed under Rubber News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Comments are closed.


  • Useful Links

    • Physical FOB Price
    • SHFE Rubber Price
    • SICOM Rubber Price
    • TOCOM Rubber Price
www.uyong.com
© copyright 2008
Entries (RSS)