ERJ staff report (DS)
Leatherhead, UK -- Smithers Rapra has published a new report titled, Emerging Markets for Elastomers to 2017 . The lengthy report was first published in November 2012 and is available for a price of around Â£4000, depending on delivery options.
The publishers say, "The major driver of the global elastomer market is the vehicle tyre market.Â It represents 55.2 percent of the 2012 market and is expected to increase to 56.1 percent by 2017.Â This is due to the increasing demand for vehicle tires in Asia, which is a result of increased production of motor vehicles in this area.Â The non-tyre market is the second dominating force, with 13.9% of the total 2012 consumption; this is expected to decrease slightly to 13.5 percent in 2017.Â In total, the automotive tire and motor vehicle market represents 69.1 percent in 2012 and will see a slight increase to 69.6 percent in 2017."
ERJ has not seen this report and can make no comment on the quality of the research or of the conclusions.
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Home page of report on Smithers Rapra website