IISRP: Rubber demand growing despite global market woes

Houston, Texas –The global market for synthetic rubber (SR) is set to grow helped by increasing demand in emerging markets, according to the International Institute of Synthetic Rubber Producers (IISRP).

This is despite current oil-price volatility, environmental concerns, regulatory changes and trade ‘actions’, IISRP said in the 2018 edition of its Worldwide Rubber Statistics (WRS) report.

Offsetting these negative factors will be growth in demand from the automotive, construction and manufacturing industries – on the back of rising prosperity in emerging countries.

In particular, the automotive industry –…

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