ERJ staff report (DS)
Singapore -- The International Rubber Study Group (IRSG) and the International Institute of Synthetic Rubber Producers (IISRP) Inc. have released their 2008 version of the study, entitled, Demand for Natural Rubber (NR) and various forms of Synthetic Rubber (SR). The document is the result of another period of close cooperation between the IRSG and the IISRP aimed at developing projections of demand for major types of SR for key consuming regions over a five year period.
In all, a sophisticated model of the world rubber economy is utilized. The model is traditionally used to develop long range projections - typically out to 2020. To be effective in this study, the model has been somewhat adapted in order to develop forecasts of demand for NR and for various forms of SR over the short- to medium-term.
Elastomers considered in the study are the following five solid forms: styrene butadiene rubber (SBR), polybutadiene rubber (BR), ethylene-propylene diene rubber (EPDM), nitrile rubber (NBR) and polychloroprene rubber (CR); the key regions covered in this publication, for which detailed projections out to 2012 are available, are as follows: North America, Latin America, Europe (excl. Russia), Russia, China, India, Japan, Other-Asia and Oceania, Middle East & Africa.
In a joint statement, the two organisations said, "The study, its approach and findings will be of real value to all associated with the rubber sector. The report is only available to members of the IRSG and the IISRP, from whom further details can be obtained.":
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Press release from IRSG