After half a century of development, China’s synthetic rubber industry has become a pillar industry in national production of over one million tons. Up to now, China is one of the world’s most dynamic rubber market and has become the country of the impact of the world economic structure of synthetic rubber. Related data show that in 2008 China’s synthetic rubber production capacity and output has leapt to second in the world, ranks first in the world consumption, imports ranks first in the world.
In recent years, the overall level of China’s synthetic rubber industry improved significantly, rising industrial concentration, the rapid growth of production capacity, at the same time, China’s synthetic rubber industry is facing greater challenges.
First of all, China’s synthetic rubber overcapacity problems have become increasingly grim. Synthetic rubber industry production capacity has far exceeded the actual market demand, the carrying capacity of the market has been unable to fully digest the total production of the industry. The data show that since the Eleventh Five domestic synthetic rubber industry continued to be an annual increase of 30 million to 50 million tons of installed capacity, but domestic production growth rate was significantly lower than the growth rate of capacity. Industry-wide device the ability to play rate dropped from 84 in 2008 to 78 in 2011. It is predicted that the 2015 national synthetic rubber plant capacity will reach 622 million tons, while the the optimistic domestic market demand is only about 5.07 million tons. Overcapacity situation will be further demonstrated.
Second, China’s synthetic rubber in industrial upgrading and technological progress, there are still many problems. Comparison with foreign countries, redundant construction in China production plant of low-end products, product homogeneity serious lack of special high-performance products, part of the high-performance specialty products are entirely dependent on imports.
Third, the competition is more intense. After China’s accession to the WTO, the domestic market to further open up the influx of around Russia, South Korea, Japan and Taiwan regions, manufacturers continue to seize the domestic market, in addition, the level of foreign management more scientific, marketing means more mature, and therefore domestic manufacturers a full range of direct market competition will become more intense.
China’s 2013 synthetic rubber consumption growth is expected to be about 12%, slightly better than in 2012; synthetic rubber production continues to accelerate expansion, growing overcapacity, synthetic rubber market will be intense competition in terms of quality, price and after-sales service.Synthetic rubber manufacturing enterprises to be cautious line getting ready and about to face a severe test of adequate response measures.
Translated by Google Translator from http://news.cria.org.cn/3/14010.html
