my country’s rubber products industry chain has been formed and the market size continues to expand

Rubber products are products made from natural rubber, synthetic rubber, reclaimed rubber, etc. as the main raw materials, with a variety of additives and skeleton materials as auxiliary materials, and through processes such as calendering, rubber mixing, and vulcanization. At present, there are many types of rubber products, which can be roughly divided into tires, industrial products, and sanitary products. Among them, the tires mainly include motor vehicle tires, non-motor vehicle tires, special tires and other products; the industrial products mainly include model products, tape products, hard rubber products, rubber insulation products, latex products, etc.; the daily hygiene products mainly include medical Hygiene products, daily necessities, etc.

At present, my country has formed a complete rubber products industry chain. The upstream of the industrial chain is mainly the raw material industry, providing rubber additives, natural rubber, synthetic rubber and other raw materials; the midstream is the rubber product production industry, responsible for the production of various rubber products; the downstream is the application field, mainly used in aerospace, petrochemicals, rail Transportation, daily necessities, medical and health, automobile and other fields.

Rubber is an important raw material for rubber products. Among them, synthetic rubber accounts for the largest proportion of raw materials for rubber product production. At this stage, my country’s synthetic rubber production technology is gradually maturing and output is growing, providing a stable raw material guarantee for rubber products.

According to the “2023-2027 China Rubber Products Product Market Analysis Feasibility Research Report” released by the Industrial Research Center, in recent years , with the rapid development of the downstream market, the application fields of rubber products in my country have gradually broadened, and the demand has continued to rise. Driven by demand, the scale of my country’s rubber products market continues to expand. In 2022, my country’s rubber products market size will be 838.79 billion yuan.

From the perspective of rubber product market segments, the automotive field has gradually become the largest application market for rubber products in my country. Rubber products in the automotive field can be roughly divided into tire rubber products and non-tire rubber products. Among them, non-tire rubber products mainly include automotive supporting products such as shock-absorbing products, safety products, hose products, sealing products, etc. According to data released by the China Automobile Association, in 2022, my country’s automobile production and sales will complete 27.021 million vehicles and 26.864 million vehicles respectively, a year-on-year increase of 3.4% and 2.1% respectively. As automobile production and sales continue to grow, the automotive industry’s demand for rubber products continues to increase, driving the rapid development of my country’s rubber products industry.

Industry analysts said that due to the late start of my country’s rubber products industry, independent research and development capabilities are weak, and the gap with foreign advanced technology levels is relatively large. Large, resulting in most of my country’s rubber products companies concentrated in the low-end market. As my country’s rubber products industry continues to develop, companies continue to increase investment in research and development, technological levels continue to advance, product quality gradually improves, innovation capabilities gradually strengthen, and they gradually expand into the high-end market. At present, some large-scale rubber products companies have emerged in our country, including Guoli Technology, Runyang Technology, Tiantie Co., Ltd., Xiangyuan New Materials, etc. With the rapid development of information technologies such as big data and the Internet of Things, my country’s rubber products industry will gradually upgrade in the direction of intelligence in the future.