DUBLIN, August 14, 2017 /PRNewswire/ --
The "China Synthetic Rubber Industry Report, 2017-2021" report has been added to Research and Markets' offering.
Synthetic rubber is one of important strategic materials, mainly used in tyres and other industries. In 2016, the global output and consumption of synthetic rubber reached 14.822 million tons and 14.936 million tons, respectively, up 2.2% and 2.0% year on year. Driven by the steady development of automobile and tyre industries, the world's output and consumption of synthetic rubber are expected to hit 16.975 million tons and 17.725 million tons by 2021 respectively.
China, the world's largest producer of synthetic rubber, boasted the output of 5.458 million tons in 2016, accounting for 36.8% of the global output. China's synthetic rubber output is expected to grow at an average annual rate of 5.2% from 2017 to 2021 and reach 7.032 million tons in 2021, equivalent to 41.4% of the world's total output.
In 2016, the combined capacity of styrene butadiene rubber (SBR) and cis-polybutadiene rubber (BR) which are the two most popular products in China shared 60.1% of China's total capacity. Ethylene propylene rubber (EPR) and Isobutylene Isoprene Rubber (IIR) saw the fastest growth rates in the past five years, with the respective capacity CAGR of 69.5% and 37.7% during 2012-2016. With the continuous optimization of the rubber product (such as tyres) structure in China, the demand for solution polymerized styrene butadiene rubber (SSBR), halogenated butyl rubber (HIIR), neodymium polybutadiene rubber (Nd-BR), low cis-polybutadiene rubber (LCBR) and other environment-friendly rubber products will increase significantly in future.
- Bridgestone (Huizhou)
- Chongqing Changshou Chemical
- Dow Chemical (Zhangjiagang)
- Fujian Meizhouwan Chlor-Alkali Industry
- Gaoqiao BASF Dispersions
- Hangzhou Zhechen Rubber
- Lande Fine Chemical
- Liaoning North Dynasol Synthetic Rubber
- Ningbo Shunze Rubber
- Panjin Heyun New Materials
- Qingdao ECO-Strong Tech. Eng.
- Shandong Huamao New Materials
Key Topics Covered:
1 Overview of Synthetic Rubber
2 Overview of Global Synthetic Rubber Industry
3 Overview of China Synthetic Rubber Industry
4 Key Chinese Synthetic Rubber Market Segments
5 Upstream of Synthetic Rubber in China
6 Tyre Market Development
7 Key Chinese Synthetic Rubber Enterprises
For more information about this report visit https://www.researchandmarkets.com/research/xtln3s/china_synthetic
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SOURCE Research and Markets