"Lanxess invests in Asia on Positive Growth Outlook" - 5 June 2013, China Daily "Global rubber consumption is likely to grow faster in 2014 on rising demand from Asia" - 20 February 2014, Reuters The global rubber market is poised for growth in 2014, with automotive tires demand in emerging markets dominating this growth, along with the rising demand for replacement tires. Asia has been touted to be the region where the only real tire growth market is. We witness the geographical shifts of the rubber and tire industry to emerging Asia. Where will be the next tire manufacturing hub? How will Indonesia’s plan to overtake Thailand as an automotive manufacturing hub impact on the dynamics of the rubber & tire industry in the region? How will traditional established markets fare? Manufacturing activities & investments are geared for active addition of new capacity located closer to the customers. Will there be a supply and price imbalance created along the rubber and tire value chain? How will companies maintain their competitiveness with technological developments in raw material, processing and tire performance? Join CMT’s 8th Asia Rubber & Tire Markets conference to gain valuable market information and insights on the rubber & tire markets, growth outlook and technology developments. |