Driven by the rapid increase in the output of automobiles, tires, and rubber products, the domestic rubber chemicals industry in 2010 showed an overall boom in production and sales. In the past two years, there has been an upsurge in the expansion of new rubber chemicals, and the production capacity has increased rapidly. In 2010 alone, the new production capacity reached 120,000 tons, and the total output reached 666,000 to 672,000 tons, an increase of 12% to 13% year-on-year. The price of rubber auxiliaries is running at a low level overall, and the profit margin is further compressed. With the recovery of the global economy and the increase in domestic production capacity, net exports of rubber chemicals have increased significantly in 2010. The total volume of rubber antioxidants and accelerators was 39,047 tons, an increase of 80.2% year-on-year. The unit price of exports also increased. The average unit price of rubber antioxidants was 2,166 yuan/ton, a year-on-year increase of 29.2%; the average unit price of accelerators was 2,817 yuan/ton, up 12.1% year-on-year.
Looking ahead to 2011, the production capacity of rubber chemicals in China will further increase. The economic environment of tires and automobiles in the downstream industries will also change. Foreign markets will gradually recover and the market competition will become increasingly fierce. The industry restructuring will gradually open up. Opportunities and challenges coexist.
- More intense competition. Judging from the current progress of domestic new expansion projects, in 2011 at least 140,000 tons of new rubber additives will be put into operation in China, including about 50,000 tons of rubber antioxidant 4020, about 40,000 tons of accelerator M, and about 4 million tons of sulfenamide accelerators. 30,000 tons, insoluble * yellow and anti-tar agent 20,000 tons. With the successive release of new production capacity, it is expected that the growth rate of rubber chemicals production will reach about 15% in 2011, and the market competition will become more intense.
- Sufficient supply of raw materials. The most important raw material for rubber chemicals is aniline. From the perspective of domestic aniline plant construction, the amount of aniline added in 2011 will be about 200,000 tons. The raw material supply will be far more relaxed than in 2010. Under the premise that the price of crude oil does not fluctuate much, The price of aniline will remain flat or even lower, coupled with oversupply of auxiliaries, rubber auxiliaries prices will continue to run low.
- Exports are expected to increase. At present, the global economy has basically shown signs of a steady recovery, and no new or expansion projects have been reported for foreign additive manufacturers. Therefore, the export of domestic rubber auxiliaries is expected to continue to increase on a 2010 basis, including rubber additives for some countries and regions in India and Southeast Asia. Demand will show a substantial growth trend, while trade frictions may be more frequent.
- Strong downstream demand. Despite the recent WTO ruling in the United States, due to the rapid increase in automobile production and holdings, domestic tire production capacity will further expand rapidly. It is reported that in 2010 the global tire industry, excluding China, had a total investment of more than US$8 billion, of which the investment in China was US$3 billion. The five major tire companies all have new expansion projects in China and are basically in 2011. Put into production. As the world's tire industry moved further eastward, the localization trend of additives has been formed and will effectively stimulate the demand for domestic rubber additives.
- Accelerate structural adjustment. In the past ten years, the domestic rubber additive industry has developed rapidly, and some large-scale production enterprises have emerged. Gradually, a number of additive production companies with distinctive features, dominant products, and certain influence have emerged, and the regional distribution tends to be reasonable. The matching of raw materials has gradually improved and the competitiveness has been greatly improved. Therefore, the structural adjustment of the rubber chemicals industry will show an accelerating trend. Bigger and stronger companies will gain more market share, and some smaller companies with backward production technologies will be eliminated by the ruthless market. The entire industry will survive and eliminate the inferior. Explode thoroughly.
Comprehensive analysis, in 2011 the main theme of rubber additives will be structural adjustment, China's rubber additives industry will also be adjusted in the auxiliary power from the country gradually developed into an auxiliary power.
Looking ahead to 2011, the production capacity of rubber chemicals in China will further increase. The economic environment of tires and automobiles in the downstream industries will also change. Foreign markets will gradually recover and the market competition will become increasingly fierce. The industry restructuring will gradually open up. Opportunities and challenges coexist.
- More intense competition. Judging from the current progress of domestic new expansion projects, in 2011 at least 140,000 tons of new rubber additives will be put into operation in China, including about 50,000 tons of rubber antioxidant 4020, about 40,000 tons of accelerator M, and about 4 million tons of sulfenamide accelerators. 30,000 tons, insoluble * yellow and anti-tar agent 20,000 tons. With the successive release of new production capacity, it is expected that the growth rate of rubber chemicals production will reach about 15% in 2011, and the market competition will become more intense.
- Sufficient supply of raw materials. The most important raw material for rubber chemicals is aniline. From the perspective of domestic aniline plant construction, the amount of aniline added in 2011 will be about 200,000 tons. The raw material supply will be far more relaxed than in 2010. Under the premise that the price of crude oil does not fluctuate much, The price of aniline will remain flat or even lower, coupled with oversupply of auxiliaries, rubber auxiliaries prices will continue to run low.
- Exports are expected to increase. At present, the global economy has basically shown signs of a steady recovery, and no new or expansion projects have been reported for foreign additive manufacturers. Therefore, the export of domestic rubber auxiliaries is expected to continue to increase on a 2010 basis, including rubber additives for some countries and regions in India and Southeast Asia. Demand will show a substantial growth trend, while trade frictions may be more frequent.
- Strong downstream demand. Despite the recent WTO ruling in the United States, due to the rapid increase in automobile production and holdings, domestic tire production capacity will further expand rapidly. It is reported that in 2010 the global tire industry, excluding China, had a total investment of more than US$8 billion, of which the investment in China was US$3 billion. The five major tire companies all have new expansion projects in China and are basically in 2011. Put into production. As the world's tire industry moved further eastward, the localization trend of additives has been formed and will effectively stimulate the demand for domestic rubber additives.
- Accelerate structural adjustment. In the past ten years, the domestic rubber additive industry has developed rapidly, and some large-scale production enterprises have emerged. Gradually, a number of additive production companies with distinctive features, dominant products, and certain influence have emerged, and the regional distribution tends to be reasonable. The matching of raw materials has gradually improved and the competitiveness has been greatly improved. Therefore, the structural adjustment of the rubber chemicals industry will show an accelerating trend. Bigger and stronger companies will gain more market share, and some smaller companies with backward production technologies will be eliminated by the ruthless market. The entire industry will survive and eliminate the inferior. Explode thoroughly.
Comprehensive analysis, in 2011 the main theme of rubber additives will be structural adjustment, China's rubber additives industry will also be adjusted in the auxiliary power from the country gradually developed into an auxiliary power.