So you're one of the people that think automobile sales are the most progressing in sales probably because all of your friends and family have more that one vehicle. But you're wrong. For every automobile sold there are four or more of these critical components sold and without these things on your automobile your car would not run or work. In fact if you did not have these items on an automobile you would not be able to even sell the vehicle. Well you want to know what I am talking about do not you? Well I'm talking about the tires for your car, of course!
I'm sure you have not ever thought of this but while you own and operate your car you are wearing out tires constantly. An average survey done says that you use three sets of tires in a period of five years which is a total of 12 tires in five years depending on what kind of car you have some vehicles have more tires. If you're one of those people like I am who go out in the woods and go mudding and just mess around in the outdoors you might be having a new set of tires each year that means in a period of five years you would have use 20 tires that's a lot of tires do not you think? So you see the demand for auto tires is much greater than the demand for automobiles.
This is the reason why when rubber was first invented it was considered one of the most valuable things at the time and it was also called the "golden sap". It was one of the most valuable things at the time and still is very valuable. Initially locations such as Malaya and Singapore (then known as the Malayan Peninsula) were the world's top manufacturers of the new product and large nations with many consumers like the United States and almost all of Europe were very eager to get to this area and get their hands on this new product. This is probably why Europe has one of the largest tire companies there and why there is so much rubber coming from Europe.
Now after many years have passed the demand for rubber tires is still increasing and showing no signs of slowing down. The demand for auto tires keeps getting bigger and bigger there are more and more cars getting injected and getting put on the market which means more car tires are going to be needed to be produced.