Consumption of Rubber by Tyre and Tyre Products

According to IRSG (International Rubber Study Group) research, it was estimated that the total rubber consumption by tyre and tyre products of the world in 2024 was 18.04 million tons, increased by 2% from the previous year.

By region, it was estimated that the Asia and Oceania regions account for more than 70% of the world’s rubber consumption, among others, China and Japan account for 43% and 5%, respectively.

Consumption of Rubber by Tyre and Tyre Products

Unit: ×1,000 tons

  2022 2023 2024 2024/2023(%) composition ratio(%)
Asia and Oceania 11,907 12,925 13,210 102 73
(China) (6,756) (7,595) (7,686) (101) (43)
(Japan) (976) (934) (885) (95) (5)
Europe, Middle East and Africa 2,717 2,594 2,656 102 15
North, South and Central America 2,263 2,167 2,178 101 12
Total 16,887 17,686 18,043 102 100

Note: Each value is rounded, so the total doesn’t match.

Source: IRSG “The World Rubber Industry Outlook” (December 2024)