Rubber Industry Situatiuon

Forecasts in 2011 estimated that the global rubber market for synthetic chloroprene, one of the most widely used varieties of the material, would rise to 445,300 metric tons by the year 2017. The rubber industry is a broad collection of synthetic rubber compound manufacturers deriving rubber from petroleum, as well as natural rubber production.

The natural rubber industry relies on rubber trees that can live for about 32 years each, with 25 years of useful rubber production. The highest yielding trees in the latex industry produce around 4,409 pounds (2,000 kilograms) per year. The largest growth market to date for rubber products is the Asia-Pacific sector, which is dominated by China. This region's demand for rubber as of 2011 is growing at a rate of 3% per year and is expected to continue at this level at least until 2017. Global consumption in the rubber industry overall is dominated by tire production, which uses almost 60% of all the rubber produced each year.

In India, with natural rubber production expected to fall short of the domestic consumption for the second year consecutively, the rubber industry wants the Centre to permit duty-free imports, at least to the extent of the deficit. Stating this, leaders of All-India Rubber Industries Association (AIRIA), led by its President Vinod T. Simon, said such a measure was imperative since the shortfall this year would be 75,000 tonnes.

It is also used in automotive tires, and increasing production capacity of both Asian and Latin American manufacturers of this core product are fueling its growth. Thermoplastic elastomer (TPE) compounds are growing to dominance in the rubber industry as well, and replacing more traditional synthetic chloroprene products due to lower production costs and a wider range of uses. TPE is made into products for industries as diverse as construction, aerospace, and forestry.

Noting that raw material prices and skilled manpower availability and cost remain key concerns for the Rs.50,000-crore industry, he said there were differences in consumption figures of the industry body and the Rubber Board. While the Board agrees that there is a shortfall in production, of about 4 per cent, the industry estimate of growth in consumption, of 7.5-8 per cent, was over four percentage points more than that of the Board's. Proxan sodium(CAS No.140-93-2) is used as a vulcanization accelerator for rubber industry.

The association, its leaders, including AIRIA (SR) Chairman K. Vaidyalingam, had been asked by the government to submit data substantiating its appeal for an anti-dumping duty on imports of finished rubber products. The inadequate availability of natural rubber, Mr. Simon and AIRIA (Southern Region) Vice-Chairman K. Srikkanth said, had hit the MSME units most with many of them cutting production and some even shutdown.

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faii acy   GPT Site Owner/Operator An interesting article. I'm actually a chemist in the rubber industry so I can see the truths in some of it as well as the exaggerations, omissions, and outright errors in other parts of it Sep 20th 2012 22:49