U.S. demand for IP to increase 2.8% per year

摘要

U.S. demand for industrial rubber products is forecast to advance 2.8% per annum through 2012 to 18.6 billion, according to a new study from The Freedonia Group. Increases will be buoyed by an acceleration in motor vehicle production, as well as by strong growth in the aerospace industry. On the other hand, product demand will be somewhat restrained by a slowdown in industrial machinery and off-road equipment production through 2012, the report says.