Welcome to Yaoduo Industrial Co., Ltd.

World rubber additives demand continues to grow

According to the latest market report of the famous American consulting company IHS Chemical, the world's rubber additive consumption is expected to be 1.5 million tons in 2016, and the demand will increase from 965,000 tons in 2005 to nearly 1.8 million tons in 2020, 2015-2020. The average growth rate is 3.5%. It is understood that the Chinese market will continue to develop in 2020, mainly because the production and demand of motor vehicles remain strong. It is estimated that China will account for about 50% of the world's rubber additives. Japan and the EU have been a few years ago. The demand for rubber additives has reversed and the demand for rubber additives has accelerated in the United States due to its improved market environment.

First, the use of rubber additives

Rubber additives are widely used in the production of natural and synthetic rubber as well as additives for specific applications. Most rubber auxiliaries market demand typically varies with rubber consumption.

The tire and automotive industries have a huge impact on the demand for rubber additives. Rubber auxiliaries are commonly used to improve rubber properties such as resilience, abrasion resistance and tensile strength, and to protect rubber from heat, oxidation, sunlight and mechanical stress. These chemicals include various types such as accelerators, activators, vulcanizing agents, antioxidants, scorch retarders, and the like. Anti-aging agents include antioxidants, antiozonants and stability.

Second, the market share of rubber additives

Anti-aging agents accounted for the largest proportion of rubber additives consumption, accounting for about 50.8%; followed by accelerators, market share of 41.2%; other additives accounted for 8%.

Third, the demand distribution of rubber additives

At present, China is dominant in the consumption of rubber additives, accounting for 49% of the world's total, and market capitalization accounts for 37%. European demand accounts for 13% of the world's total, and North America accounts for 11%. The automotive industry is the backbone of demand for rubber additives, with tire production accounting for 60% of its consumption and other automotive applications accounting for about 16% of consumption. In Asia, China and Southeast Asia have seen rapid growth in demand in recent years, thanks to the rapid economic growth of China and Southeast Asian countries. In the United States, the rubber auxiliaries market has grown in tandem with the rubber industry. In 2015, North American consumption was 162,000 tons. It is expected to remain stable by 2016. By 2020, the average annual growth rate in the region is expected to be 1-2%. In 2020, consumption will reach 174,000 tons. In Europe, the consumption of rubber additives in Western Europe in 2015 was about 114,000 tons, of which the output in Central and Eastern Europe was about 79,000 tons. It is predicted that from 2015 to 2020, the average annual growth rate of consumption in Western Europe will be 0.5-1.5%, and the average annual growth rate of consumption in Central and Eastern Europe will be 1.5-2.5%. The average annual consumption growth rate in the Middle East and Africa is expected to be 3-4%.

Write a Message