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The Ukrainian Market of Mechanical Rubber Goods

     The Ukrainian rubber products market has taken on the important role of the development and functioning of the target markets in Russia and the CIS. In 2006, rubber, tyres, and industrial rubber goods together made up 8% of the chemical industry of Ukraine, while industrial rubber goods sector represented about 2%. The Ukrainian market for rubber products is in fact saturated and features fierce competition among the players. Therefore, IRG prices are unlikely to skyrocket in the near future. Hand in hand with a developing economy of the country, IRG demand in Ukraine has been also stably growing, making the market attractive for both foreign and home manufacturers.

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