The market demand for rubber antioxidants is steadily increasing, and market supply and demand are basically balanced.

At present, my country is the world’s largest producer of carbon disulfide. In 2021, domestic carbon disulfide production will be approximately 676,000 tons, a year-on-year increase of 6.6%. Carbon disulfide is the main raw material for the production of rubber antioxidants. The continuous development of upstream raw materials has a positive impact on the stable production of rubber antioxidants in my country. According to data from the China Rubber Industry Association, my country’s rubber antioxidant production increased from 367,000 tons in 2020 to 415,000 tons in 2021, a year-on-year increase of 12.8%. To sum up, my country’s rubber antioxidant market supply and demand are in balance, and the industry has good development prospects.

The entry threshold for the rubber antioxidant industry is low. There are a large number of related companies in my country, but most of them are small and medium-sized enterprises, and the market competition is fierce. At present, the leading domestic rubber antioxidant companies mainly include Shandong Shangshun, Tianjin Kemai, Sinopec Nanhua, Sennics, Yixing Jujinxin, Shanxi Xiangyu, etc., and the industry concentration is low. In the future, as the country’s dual-carbon goals continue to advance and environmental protection efforts continue to increase, my country’s rubber antioxidant market structure will continue to be optimized. Some small companies will face extinction, dominant leading companies will occupy more market shares, and industry concentration will continue to increase. .

Industry Analysts personnel said that in recent years, against the backdrop of the rising trend of the global rubber industry and tire production bases shifting to Asia, my country’s rubber The development of the antioxidant industry has ushered in huge development opportunities, and the industry has good development prospects. Although the supply and demand of rubber antioxidants in my country are currently basically balanced, domestic products are still concentrated in the mid-to-low-end market, and high-end products are insufficiently supplied. Therefore, in the future, domestic companies will need to continue to increase product innovation and technology research and development, and accelerate the advancement of the domestic market towards the high-end market. The direction is constantly transforming and upgrading, and the industry has huge potential for future development.