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As predicted by Freedonia Group,the global demand on Industrial Rubber Products(IRP) will maintain an annual growth rate of 4.3%from now to 2013.In 2013,the global demand on IRP will reach USD 98 billion.Industrial equipment market,including machineries of rubber industry,petroleum industrial equipment and off-road vehicles,will take up great market share. As per the analysis on different regions,the demand on IRP in the North America was USD 18.3 billion in 2008,and will reach USD 21.6 billion in 2013;the demand on IRP in the West Europe was USD 17.8 billion in 2008,and will reach USD 19.6 billion in 2013;the demand on IRP in the Asia-Pacific Region
As predicted by Freedonia Group, the global demand on Industrial Rubber Products (IRP) will maintain an annual growth rate of 4.3% from now to 2013.In 2013, the global demand on Freedonia Group, the global demand on Industrial Rubber Products (IRP) will reach USD 98 billion. As per the analysis on different regions, the demand on IRP in the North America was USD 18.3 billion in 2008, and will reach reach USD 21.6 billion in 2013; the demand on IRP in the West Europe was USD 17.8 billion in 2008, and will reach USD 19.6 billion in 2013; the demand on IRP in the Asia-Pacific Region