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China is one of the world’s largest producers of natural rubber, producing millions of tonnes each year.
The China Rubber Industry accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
Linglong Tyre has launched a line of bio-based rubber tyres that were created in partnership with Beijing Chemical Industry University and use a variety of bio-based rubber components in their manufacture, according to the business.
Dandelion rubber snow tyres, a radial truck tyre based on eucommia rubber, and itaconate biosynthesis steel-belted rubber tyres are all part of the company’s bio-rubber R&D project, “Preparation technology and application demonstration of new bio-based rubber materials.”
Sumitomo Rubber Industries (SRI) facilities in Changshu and Hunan, China, have completed the switch to renewable energy sources for 100% of their electric power. SRI also plans to install solar power generators which will lower total yearly CO2 emissions from tyre manufacturing at the two sites when compared to previous levels.
Yokohama Rubber Co., Ltd. has entered into a share purchase agreement with Trelleborg AB of Sweden to acquire all outstanding shares of Trelleborg Wheel Systems Holding AB (hereinafter, TWS), a company that produces and sells off-highway tyres (OHT) for agricultural and industrial machinery.
Goodyear Tire & Rubber Company announced that it has started construction on an extension of its state-of-the-art tyre manufacturing in Pulandian, Dalian, China.
The development will expand the plant’s capacity, allowing Goodyear to meet China’s and the Asia Pacific region’s strong and growing market demand for premium, large-rim-diameter consumer tyres.
