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What The Rubber ‘Apocalypse’ Means For The U.S. Economy
- Published_at:2021-07-09
- Category:News & Politics
- Channel:CNBC
- tags: cnbc news financial news business news rubber economy us economy usa stocks stock market investing investments tires rubber shortage shortages shipping imports trade breaking news
- description: The global economy now faces a rubber shortage because of multiple supply chain disruptions. "We could be on the cusp of a rubber apocalypse," Ohio State University professor Katrina Cornish told CNBC. Rubber producers are working against all odds: climate change, disease and the fight for shipping containers. The global rubber market was valued at nearly $40 billion in 2020, but one analysis predicts the natural rubber market could be worth nearly $68.5 billion by 2026. » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Subscribe to CNBC PRO: https://cnb.cx/2NLi9AN What The Rubber ‘Apocalypse’ Means For The U.S. Economy #CNBC
| ranked in date | views | likes | Comments | ranked in country (#position) |
|---|---|---|---|---|
| 2021-07-11 | 328,091 | 4,712 | 974 |
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