Rubber News for 2025
Stuart BulbeckEarly 2025, the rubber industry has seen several noteworthy developments:
Market Growth and Sustainability
The natural rubber market is experiencing significant growth, driven by a shift towards sustainable and eco-friendly materials. A rt report indicates that the market, valued at $27.6 billion in 2021, is projected to reach $46.8 billion by 2034, registering a compound annual growth rate (CAGR) of 4.2%. This e is attributed to increased demand from industries such as automotive, construction, and consumer goods, which are seeking renewable and biodegradable alternatives to synthetic, petroleum-based products. (globewswire.com)
Industry Consolidation
In a strategic move to streamline its operations, Goodyear Tire & Rubber Co. announced the sale ts Dunlop brand to Japan's Sumitomo Rubber Industries for $701 million in cash. The deal includes trademarks in Europe, North America, and Oceania. Goodyear will continue selling Dunlop-branded tires for passenger cars in Europe through the end of the current year and will supply certain Dunlop-branded tyres to Sumitomo in Europe for five years. This decision aligns with Goodyear's plan to cut costs and focus on core business areas. (reuters.com)
Health and Environmental Concerns
The resurfacing of the Moore Park All-Weather sporting field near the Sydney Cricket Ground has brought attention to potential health risks associated with rubber-crumb synthetic turf. The original pitch, constructed in 2015, used infill made from recycled car tires. Due to concerns over carcinogenic and environmental impacts, the field was recently refurbished with cork-based materials. This move reflects a growing awareness and precautionary approach towards the materials used in public spaces. (news.com.au)
Industry Events
The International Elastomer Conference (IEC) and the International Tire Exposition & Conference (ITEC) have partnered to present the 2025 Global Polymer Summit. Scheduled for September 8-11, 2025, in Cleveland, Ohio, this event aims to bring together professionals from various sectors of the rubber and polymer industries to discuss advancements, challenges, and future directions. (rubber.org)
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