The rubber oil market still has room for development. Greening and low-carbonization are its important development trends.

Rubber oil refers to a processing aid that is highly refined and has low aromatic content added during the rubber production process. As one of the raw materials for rubber production, rubber oil can improve rubber plasticity/elasticity/flexibility, reduce rubber viscosity and mixing temperature, thereby reducing rubber production costs. Rubber oil is widely used in automobile and ship manufacturing, rubber product manufacturing, battery box manufacturing and other fields.

There are many types of rubber oils with different classification methods. Rubber oils can be divided into four categories: petroleum series, pine oil series, coal tar series and fatty oil series. Among them, petroleum rubber oil is easy to process, has low cost and has good plasticizing effect. It is divided into three types: paraffin-based, cycloalkyl-based and aromatic-based. Currently, aromatic-based rubber oil is widely used; depending on the objects used, rubber oil is also called rubber filler oil, rubber processing oil, rubber softener, etc.

Aromatic rubber oil is carcinogenic. In recent years, with the increasingly strict environmental protection supervision and the health upgrade of downstream consumption, the application of aromatic rubber oil has been restricted. As an excellent substitute for aromatic rubber oil, naphthenic rubber oil has environmental protection , no pollution and other advantages, market consumption is rising day by day. Overall, driven by multiple factors, greening, low-carbonization, and environmental protection have become the development trends of the rubber oil industry.

Rubber has excellent properties and a wide range of applications. In recent years, with the development of industry, military and other fields, the demand for rubber has been growing. According to ANRPC data, in 2021, the global natural rubber industry output will be 13.821 million tons, a year-on-year increase of 1.7%. Demand was 14.079 million tons, a year-on-year increase of 8.7%. According to the “2022-2026 Rubber Oil Industry Market In-depth Research and Investment Prospects Forecast Analysis Report released by the Industrial Research Center, With the development of the global rubber industry, the scale of the rubber oil market will further expand. It is expected that the global rubber oil market will maintain an average annual compound growth rate of more than 4.0% from 2022 to 2026.

From the perspective of the domestic market, due to the impact of the COVID-19 epidemic and fluctuations in downstream demand, the operating rate of my country’s rubber oil companies has been low in the past two years, and the output and consumption of the rubber oil industry have declined. However, in the long run, policy planning Next, my country’s rubber oil market will usher in structural adjustments, and the market will show a slight growth trend in the future. It is expected that the output of my country’s rubber oil industry will reach more than 3 million tons in 2026. From the perspective of production capacity distribution, my country’s rubber oil production capacity is mainly distributed in Liaoning, Xinjiang, Sichuan, Hubei, Jiangsu and other regions.

At present, my country’s large rubber oil production enterprises include Liaoning Petrochemical, Xinjiang Karamay Petrochemical, Jingmen Petrochemical, CNOOC, etc. Industry analysts said that rubber oil can improve rubber properties and reduce its production costs. With the development of the global rubber industry, the rubber oil market Demand will continue to be released, and there is still room for development in the industry in the future. There are many types of rubber oils. Against the background of upgraded environmental protection requirements, rubber oils with green, safe, efficient, low-carbon and other characteristics have greater development potential.