Rubber and Plastic

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The rubber and plastic industry in 2018 continued on a strong growth path as robust expansion of B2B buyers such as hi-tech and automotive industries boosted demand for rubber and plastic products. Over 2019-2023, the industry’s growth is also ...

Digital Twin is part of Industry 4.0 and the Internet of Things ecosystem. Digital Twin is a digital replica of every physical asset involved in the manufacturing process. This can include physical machinery and production components, as well as ...

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In 2018, the industry contracted slightly, due to economic slowdown in Japan. The country’s export growth eased off and the effect was felt throughout the Japanese economy, curbing investment and consumption activities. Consequently, key local rubber...

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The analysed industry showed accelerated growth in 2018, thanks to positive economic and policy developments. First of all, the oil-dependent Saudi Arabian economy received a boost from hiking international oil prices, which helped the country to ...

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Industry growth in 2018 was below the 16% rate of inflation in Turkey. The industry has been affected by the depreciation of the Turkish lira, which strongly impacted the economy, as 40% of all Turkey’s loans were issued in foreign currencies. ...

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The South Korean rubber and plastic industry experienced a declining trend in 2018, as two of the largest South Korean car brands continued to move their manufacturing capacity to developing countries such as Mexico and India. This significant shift ...

In 2018, the rubber and plastic industry in Australia saw only moderate growth, and growth is forecast to slow over the forecast period, owing in part to declining demand from one of the largest buyers – the automotive industry – as well as new ...

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