The demand for high-performance synthetic rubber continues to grow, and there will be many market opportunities in the future

There are many types of high-performance synthetic rubber products, such as styrenic thermoplastic elastomers (SBS, SIS, etc.), polyolefin thermoplastic elastomers (TPO), nitrile rubber, butyl rubber, rare earth butadiene rubber, silicone rubber, and fluorine rubber etc. The raw materials involved in the upstream include styrene, butadiene, isobutylene, isoprene, etc., and the downstream include tires, shoemaking, hose tapes, medical rubber stoppers, resin modification, aerospace seals and other fields.

In recent years, with the development of my country’s economy, my country’s tire industry has also faced transformation and upgrading. The development of green, energy-saving and high-performance tires has led to a growing demand for high-performance tires. According to the“China High-Performance Synthetic Rubber Industry Market Monitoring and Future Development Prospects Research Report 2022-2026” released by the Industrial Research Center , in 2021, China’s demand for high-performance synthetic rubber will be 4.13 million tons. In the future, with the improvement of tire quality requirements, my country’s demand for high-performance synthetic rubber will continue to grow, and the high-performance synthetic rubber industry will face the following development opportunities:

From the perspective of national policy orientation, the state’s scientific research and innovation system that encourages independent innovation and introduction and absorption is conducive to the continuous improvement of the technical level of the high-performance synthetic rubber industry and shortens the technological gap with foreign companies such as DuPont, Solvay, and 3M; at the same time, the state encourages The industrial application of new materials such as high-performance synthetic rubber in downstream industries, especially in high-end manufacturing, semiconductor manufacturing and other fields, has created a good investment environment for the development of the high-performance synthetic rubber industry.

From the perspective of market demand, high-performance synthetic rubber is widely used in tires, shoemaking, hose tapes, medical rubber stoppers, resin modification and other fields. Take the tire industry as an example. In the future, as the concept of low-carbon and environmental protection becomes more and more popular, automobile lightweight technology will continue to develop, various lightweight materials will be promoted and applied, and high-performance synthetic rubber will receive more and more attention from the automobile tire industry. Market demand will show an upward trend, and investment prospects are promising.

From a technical point of view, my country’s industry has entered the 4.0 era, introducing new theories and tools such as digitalization, intelligence, modularization, and networking into the development of high-performance synthetic rubber technology, forming a complete set of its own database, and using computer models to The product structure, performance and possible application fields are simulated, so that basic research, production technology development and product application research have a complete simulation evaluation system. Customers can customize high-end products at any time according to their needs.

From a product perspective, high-performance synthetic rubber is a high-end product in the synthetic rubber market. Compared with ordinary synthetic rubber, it has better performance and better application prospects. However, due to the generally high technical requirements for the production of high-performance synthetic rubber, currently, the production capacity and product quality of some domestic high-performance synthetic rubber products cannot meet the demand. Therefore, the country has issued a series of policies to increase support for related projects. , the high-performance synthetic rubber industry has a good development environment.