The development of rubber industry continues to drive the growth of rubber additives in China
The market demand of rubber additives mainly depends on the development of downstream rubber industry.China's rubber consumption increased from 6.9 million tons in 2011 to 9.26 million tons in 2016, with an annual compound growth rate of 6.06%.In 2016, the sales revenue of China's rubber products industry reached 10,334.69 billion yuan, with a total profit of 64.739 billion yuan.During the 13th five-year plan period, the average annual growth rate of rubber industry sales revenue is about 7%, and the average annual growth rate of rubber consumption is about 6%.China's rubber industry huge consumption and stable growth rate, for the rubber additives industry provides a broad market space, but also the foundation of China's rubber additives industry sustainable development.
2、Greening of rubber additives will further drive the growth of demand for rubber additives in China
With the global green, low-carbon economic development and national policies to support the development of green rubber additives products, rubber additives product structure conform to the market demand for the corresponding adjustment, green, low carbon rubber additives industry development trend in China.At present, China's rubber additives green rate of products over 92%.But along with the global environmental protection policy unceasing to hasten, the rubber auxiliary agent product structure still needs further adjustment.The 13th five-year plan for the development of rubber additives requires the adjustment of the structure of rubber additives products. It is proposed that by the end of the 13th five-year plan, the greening rate of rubber additives products in China will reach more than 95%, with emphasis on the development of non-toxic and harmless varieties with high efficiency.The acceleration of product structure adjustment and the improvement of product greening rate will further stimulate the demand for rubber additives in China.