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WASHINGTON, D.C. , August 30, 2006 – Continued economic growth will fuel a steady increase of 1.7 percent in U.S. tread rubber shipments through 2006, approximating 2005’s 1.9 percent growth, according to the Rubber Manufacturers Association’s Tread Rubber Market Analysis Committee (TRMAC).
The 2006 forecast will mark the fourth consecutive year that shipments will increase, and represents a total of approximately 16.35 million retreaded tires in the United States.
Retreaded tires are used by commercial aviation, commercial trucks, school buses, and off-the-road vehicles such as industrial, agricultural and mining equipment.
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The Rubber Manufacturers Association is the national trade association for the rubber products industry. Its members include more than 100 companies that manufacture various rubber products, including tires, hoses, belts, seals, molded goods, and other finished rubber products. RMA members employ over 120,000 workers and account for more than $21 billion in annual sales.