US rubber markets recover

Journal Article · Wed Feb 03 04:00:00 EST 1993 · Chemical Week; (United States)

OSTI ID:6534481

Wood, A

Synthetic rubber markets in North America bounced back in no uncertain terms last year, with demand climbing an impressive 9.5%, to 2.97 million m.t.; and, according to the International Institute of Synthetic Rubber Producers (IIS-RP; Houston) latest five-year forecast, producers can look forward to a 3.3% increase in demand during 1993. This growth rate outpaced out 1992 forecast and demonstrates the resilience of the synthetic rubber industry, says William E. Tessemer, managing director of IISRP. We expect demand in 1993 to surpass 1992 and level off at a 2%/year growth rate for synthetic rubber - 2.5% including thermoplastic elastomers [TPEs]-over the 1993-97 period. The improvement reflects signs of a recovery in North America, especially the pickup in the auto and tire industry. The two major tire rubbers - styrene butadiene and polybutadiene rubber - notched up double-digit gains, and other materials that have autos uses, such as nitrile rubber and many of the specialty elastomers, also advanced strongly.

• OSTI ID: 6534481
• Journal Information: Chemical Week; (United States), Journal Name: Chemical Week; (United States) Vol. 152:4; ISSN CHWKA9; ISSN 0009-272X
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
ALKYLATED AROMATICS
AROMATICS
AUTOMOTIVE INDUSTRY
BUTADIENE
DEMAND
DEVELOPED COUNTRIES
DIENES
ELASTOMERS
HYDROCARBONS
INDUSTRY
MARKET
NORTH AMERICA
ORGANIC COMPOUNDS
ORGANIC POLYMERS
POLYENES
POLYMERS
RUBBER INDUSTRY
RUBBERS
STYRENE
USA