China's silicone rubber industry is developing rapidly and its market potential is unlimited
- Jul 28, 2017 -

The upstream and downstream industry linkage effect of silicon rubber industry has begun to gradually appear, the development is very fast, according to statistics, by 2020 if the silicon rubber rubber consumption in China accounted for the proportion from the current 6.5% to 33%, then China's overall domestic rubber self-sufficiency rate increased from about 50% to more than 80% at present, can be said to the market potential is unlimited.

From a consumer perspective gum rubber, natural rubber accounted for 41.8%, styrene butadiene rubber and butadiene rubber together accounted for 28.4%, but usually only for silicone rubber sealant, conductive buttons and other a few non tire field, accounted for only 6.4% of total rubber consumption. Therefore, with silicone rubber in some non tire segments to replace other gum species, its consumption will increase exponentially, the market space will be further opened. In this regard, the industry also agree with the above view.

It is expected that by 2015, silicon rubber will account for 10% of the total domestic rubber consumption to 15%, silicon rubber consumption is expected to reach 1 million to 1 million 500 thousand tons, compared to 2020, silicon rubber rubber consumption accounted for the total proportion is expected to reach 20% ~ 33%, silicon rubber consumption is expected to reach 3 million to 5 million tons. In other words, the potential and long-term development of silicone rubber industry are very attractive, and its high-speed development will also have a far-reaching impact on the upstream and downstream industries. In fact, the link effect of the upstream and downstream industries of the silicone rubber industry has gradually begun to appear.

Some experts pointed out that the biggest bright spot in the development of silicone rubber industry is that it can substantially increase the domestic self-sufficiency rate of rubber. According to statistics, by 2020 if the silicon rubber rubber consumption in China accounted for the proportion from the current 6.5% to 33%, then China's overall domestic rubber self-sufficiency rate increased from about 50% to more than 80% at present, thus greatly ease the rubber supply and demand and reduce the production cost of the rubber processing industry.

Thus, the development of rubber industry is not just a single development of a single industry, but it involves the common development of various industries, to have far-reaching significance to enhance the profitability of rubber processing industry and improve the level of quality of rubber products.