China and India Drives Growth in the Global Ribbed Smoked Sheet Market, According to New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on Ribbed Smoked Sheet markets. The global consumption of Ribbed Smoked Sheet (RSS) is projected to reach 5.6 million metric tons by 2018, primarily driven by rapid increase in demand from emerging markets such as China and India. RSS market across the globe witnessed strong recovery from the downward pressures of economic recession. The automobile sector’s recovery was initiated in the middle of 2009 and was strongly supported by an increase in Government spending as well as inventory rebuilding worldwide through various support measures aimed at increasing automobile sales. Consequently, demand for tires increased in tandem, leading to an increase in consumption of RSS. Moreover, the pent up demand for replacement tires, which were postponed or delayed during the recession also resulted in increase in demand for tires.

  • Share on TwitterShare on FacebookShare on Google+Share on LinkedInEmail a friend
Ribbed Smoked Sheet: A Global Strategic Business Report

San Jose, California (PRWEB) July 13, 2012

Follow us on LinkedIn – The versatile nature of natural rubber, coupled with advantages over synthetic rubber makes natural rubber competitive with alternatives. Additionally, increasing prices of oil are also increasing the cost competitiveness of natural rubber. As such, demand for natural rubber in primary applications; such as tire manufacturing is not expected face major threat from synthetic rubber. Demand for natural rubber is expected to move in line with demand for automotive tires. Globally, natural rubber is one of the most widely used elastomers owing to its high tensile strength, good green strength, low heat build-up, high resilience, and other unmatchable properties. Natural rubber is produced from the Hevea brasiliensis trees, both in the form of field coagulum as well as latex. While field coagulum is the auto-coagulated latex in the coagulation cups or on the tapping panel, latex is a milky-white dispersion of rubber in water. Natural rubber, which is highly susceptible to degradation due to contamination, is processed for to form Concentrated Latex, Technically Specified Rubber (TSR), and Ribbed Smoked Sheet (RSS) for better marketing and storage. Smoked sheets are among the most popular and oldest forms of natural rubber. Two types of sheets are popular in the international market namely, Air Dried Sheets (ADS) and Ribbed Smoked Sheets (RSS). Among the two, RSS is the most popular. The surface of the ribbed smoked sheet consists of crisscross rib markings, thereby the name ribbed smoked sheet.

Rising awareness among consumers about environmental conservation is expected brighten the prospects for natural rubber and in turn, for ribbed smoked sheets in the near future. Due to rapid depletion of petrochemical resources, consumers are displaying avid interest towards purchasing green tires or tires manufactured from natural rubber and other renewable resources. Natural rubber is considered more eco-friendly and superior in quality as compared with synthetic rubber, therefore its use in manufacturing rubber bands, surgical gloves and drapes, contraceptives, nipples on baby bottles, shoe soles, as well as carpet backing is displaying a phenomenal increase.

Ribbed Smoked Sheet market across the globe witnessed strong recovery from the downward pressures of economic recession. The automobile sector’s recovery was initiated in the middle of 2009 and was strongly supported by an increase in government spending as well as inventory rebuilding worldwide through various support measures aimed at increasing automobile sales. Consequently, demand for tires increased in tandem, leading to an increase in consumption of RSS. Moreover, the pent up demand for replacement tires, which were postponed or delayed during the recession also resulted in increase in demand for tires. Though, demand in North America, Japan, and Europe is expected to be relatively subdued, emerging economies in the Asia-Pacific region are expected to drive growth in future. In the coming years, China and India are expected to dominate the market in terms of RSS consumption.

Despite prices of most types of rubber being closely linked, there exists no uniformity owing to the variety available in rubber grades and types. The rubber industry, and in turn the RSS sector, are influenced by several factors including supply and demand fundamentals, political stability, macro-economic fundamentals, weather conditions, inflation, crude oil prices, interest rates, as well as government policies. Fluctuations in the Japanese yen and in the currencies of exporting countries also play a significant role in determining rubber prices. For instance, prices of natural rubber displayed a sharp increase during the year 2010, despite a modest rise in the prices of crude oil. Such an anomaly can be attributed to several other underlying factors such as significant appreciation witnessed through 2010 in the Malaysian Ringgit, Indonesian Rupiah, and Thai Baht, relative to the US dollar.

The supply of natural rubber is based on several factors including production capacity, input and processing costs, price differential with synthetic rubber, as well as underlying technological changes. In addition, natural rubber is distributed both in the form of finished products, as well as at the intermediate stage in several industries worldwide. Therefore, demand for a particular grade and type of rubber essentially depends on the demand for final goods, of which rubber forms a component. As the supply of natural rubber decreases, prices begin to rise with demand.

As stated by the new market research report on Ribbed Smoked Sheet (RSS), Asia-Pacific accounts for a lion’s share of the global market for RSS and is expected to remain the strongest growth area globally up to 2018. China is the largest consumer of RSS in the world. China is highly dependent on imports to meet the demand for natural rubber, with about 70% of demand being met through imports.

Major players in the global marketplace include GMG Global Ltd., Kuala Lumpur Kepong Berhad, PT Bakrie Sumatera Plantations Tbk, SouthLand Rubber Co., Ltd., Srijaroen Group, Sri Trang Agro-Industry Public Company Ltd., Thai Hua Rubber Plc, Titi Latex Sdn Bhd, Tong Thai Rubber, Unitex Rubber Co., Ltd., Von Bundit Co., Ltd., and Watap Thailand Co., Ltd.

The research report titled “Ribbed Smoked Sheet: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections by Volume (in thousand Metric Tons) for major geographic markets including the United States, Canada, Japan, Europe, (France, Germany, Italy, UK, and Rest of Europe) Asia-Pacific (China, India, Malaysia, Thailand, and Rest of Asia-Pacific), and Rest of World.

For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Ribbed_Smoked_Sheet_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Follow us on LinkedIn

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

###


Contact

Attachments