USTMA’s Anne Luke says sustainability efforts to continue

NIAGARA FALLS, Ontario—Economic development, social development and environmental protection are all key elements of sustainability for the U.S. Tire Manufacturers Association.

Read the source article at Rubber and Plastics News

It’s boom time for rubber chemicals industry

The global rubber processing chemicals market is witnessing rapid expansion thanks to the increasing demand from the tyre and automotive industries and their application across diverse industries.

The tyre industry is the major consumer of rubber chemicals, holding over 70% of the market share. Use of rubber processing chemicals make tyres durable and provides them strength to withstand harsh environment. The demand from the tyre industry is projected to rise further with the expansion of the automotive industry.

Read the source article at Rubber Asia

Rubber chemicals market to reach $5.3 billion by 2024

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CLEVELAND—The worldwide market for rubber processing chemicals is poised to grow 4.9 percent annually, from $3.63 billion last year to more than $5.31 billion by 2025, according to new research from Global Market Insights. The CAGR figure is in line with other markets reports on the rubber processing chemicals sector. Some studies, however, project …

Read the source article at Global Rubber Markets News

U.S.-China trade truce triggers European share surge

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U.S. President Donald Trump and Chinese President Xi Jinping reached a truce at the G20 meeting on Saturday, halting additional tariffs and agreeing to fresh talks aimed at reaching an agreement within 90 days.

Although markets reacted positively, some investors and analysts said the outcome had already been partly anticipated and there remained much for the two to agree upon.

Read the source article at Stock Market Quotes and News

In terms of value, the rubber process oil market is projected to grow at a CAGR of 4.1% from 2018 to 2023

NEW YORK, Nov. 27, 2018 /PRNewswire/ — In terms of value, the rubber process oil market is projected to grow at a CAGR of 4.1% from 2018 to 2023.

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Roadmap for making India self-reliant in NR by 2030

The Indian natural rubber (NR) plantation sector supports an industry that is vital to the nation’s industrial and economic growth. Sustained extension efforts supported by focused research and development by the Rubber Board for more than 60 years in the past helped establish a robust NR production base in the country, characterised by a steady expansion in area under cultivation and increase in productivity and total production. This helped India achieve near self-sufficiency in NR production until 2010. The rubber products manufacturing industry and earnings from export of value-added rubber products registered a robust growth over the years. As the Indian economy is expected to maintain its buoyancy in growth, it is estimated that by 2030 the country would require about 20,00,000 tonnes of NR per year. Present production is in the range of 

Read the source article at Rubber Asia

ANRPC meet stresses need to tackle emerging challenges

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The 11th Annual Rubber Conference of Association of Natural Rubber Producing Countries (ANRPC), hosted by the Government of Thailand, was held in Chiang Rai on October 8, 2018 with the theme “Adapting for the emerging mega trends”. There were 187 participants from 11 countries, including 93 from Thailand. The inaugural session started with a welcome address by Somboon Siriwech, Deputy Governor of Chiang Rai Province.

Read the source article at Rubber Asia

German automakers jump on potential U.S.-China tariff truce

BMW shares rallied the most in more than three years after U.S. President Donald Trump said China had agreed to remove painful tariffs on imported U.S.-built cars shipped to the world’s biggest automotive market. Daimler and Volkswagen Group also rose sharply. BMW and Daimler, which export SUVs from U.S. plants to China, stand to be the biggest gainers from a potential reduction of tariffs. Six of the ten best-selling U.S. auto imports to China are made by the two German luxury automakers.

Read the source article at Automotive News Europe

U.S., Canada, Mexico continue brinkmanship on trade deal until signing

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BUENOS AIRES (Reuters) – The leaders of Mexico, Canada and the United States were due to sign a North American trade pact on Friday, although brinkmanship over the final details of the deal continued through the eve of the signing.

It was unclear what exactly the three countries would sign. They agreed on a deal in principle to govern the more than trillion dollars of mutual trade after a year and a half of acrimonious negotiations concluded with a late-night bargain just an hour before a deadline on Sept. 30.

Read the source article at Global Rubber Markets News

Artificial Turf Market – Development Highlights 2025 | Avalon, Turf & Garden

Growth opportunities abound in the global market for artificial turf as residential and commercial property owners increasingly focus on ways of keeping lawns green even during the rising incidences of draughts across the globe. Along with providing an easy way of conserving the water otherwise spent on keeping natural grass alive, artificial grass, or artificial turf as it is often referred to, helps eliminate the need for timely maintenance, elimination in the amount of hazardous chemicals that natural grass lawns are subjected to, and are cost efficient owing to long workable life.

Read the source article at openPR.com