“The pandemic has greatly affected demand for industrial rubber products due to the various lockdowns and restrictions being put in place by many countries worldwide, ” Malaysian Rubber Council deputy director for marketing and development Angela Chan said.
KUALA LUMPUR: Green and clean industries would be the next frontier that the Malaysian rubber industry can capitalise on moving forward.
Malaysian Rubber Council deputy director for marketing and development Angela Chan said, “This is in line with consumer demand since we see an increasing demand for electric vehicles which is projected to grow at a compounded annual growth rate (CAGR) of 27% from 2021 to 2030.”
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