Passenger car segment would continue its strong dominance in Japan tire market in the coming years According to TechSci Research report, “Japan Tire Market By Vehicle Type, By Tire Type, By Demand Category Type, By Region, Competition, Forecast & Opportunities, 2025”, Japan tire market is projected to reach $ 35 billion by 2025 on account of increasing
Japan is the hub to largest tire manufacturers of the world. It houses companies like Bridgestone Corporation, Toyo Tire & Rubber Company, Yokohama rubber Company and Sumitomo Rubber Industries. Besides, world’s major automobile companies also belong to the soil of Japan. So, how does the country manage to be on the top of the list
Sumitomo Rubber Industries (SRI) has recently announced its expansion plan by manufacturing rubber parts for medical applications. For this, the company has plans to establish a new manufacturing site in central Slovania, where the production will take place for rubber parts that are used for pharmaceutical purpose. This expansion will be under the subsidiary company
