Analysis and Future Prospects Research Report on the Development of China's Rubber Products Industry

 The scale of China's rubber products industry maintains a steady growth trend, and overall, all enterprises in the market are still in the stage of extensive development.

 

1、 Industry definitions and product classifications

According to the “Analysis and Future Prospects Research Report on the Development of China's Rubber Products Industry (2024-2031)", rubber products refer to various products made by using natural rubber or synthetic rubber as the main raw material and processed through a series of processes.

 The classification of rubber products is as follows:

1. Classified by application scope

Divided into general rubber and special rubber. General rubber is mainly used to manufacture components such as tires, conveyor belts, rubber hoses, rubber plates, gaskets, and seals, as well as daily necessities;

Special rubber is used for rubber products used under special conditions, such as extremely low or high temperatures, strong corrosive states, or strong radiation conditions.

 2. Classified by material composition and manufacturing process

Including rubber sealing products, rubber pipes and belts, rubber gaskets and retaining rings, rubber parts and accessories, rubber shoes and gloves, rubber flooring and mats, rubber tires, etc.

 3. Classified by source and method of production

Divided into natural rubber products and synthetic rubber products. Natural rubber products are derived from rubber trees and have excellent comprehensive physical and mechanical properties, such as elasticity, resilience, tensile properties, and flexural fatigue resistance; Synthetic rubber products are made through chemical methods, with a wide variety of types and varying properties.

 4. Classified by product type

For example, tires (including various vehicle tires), seals, rubber pipes, rubber gaskets, etc.

 

2、 Industry scale development situation

1. Market size

In recent years, the market size of China's rubber products industry has maintained a sustained and steady growth trend. Data shows that by 2023, the market size of China's rubber products industry will be approximately 828 billion yuan.

 2. Supply scale

The production process of the rubber products industry mainly includes multiple stages such as mixing, rolling, vulcanization, and cutting and splicing. The stability and reliability of the production process and equipment in each stage will have a significant impact on the production technical parameters such as temperature, pressure, and speed, thereby affecting the quality and stability of the product.

The Guiding Outline for the Development Plan of China's Rubber Industry in the 14th Five Year Plan proposes to strive to enter the intermediate stage of becoming a strong rubber industry country by the end of the 14th Five Year Plan (2025). China's rubber industry has begun to move from the primary stage of becoming a strong rubber industry country to the intermediate stage of becoming a strong rubber industry country. In this process, Chinese rubber product industry enterprises will not only achieve improvement in business scale, but also need to enhance their independent research and development level, and continuously make new progress in formula design and processing technology.

In order to cope with the complex and ever-changing external market demands and international environment, enterprises in the rubber products industry will continuously improve product performance and quality, continuously enhance product design and customization levels, thereby enhancing their own competitiveness in the industry and improving the international competitiveness of China's rubber products.

With the widespread penetration of information technology in the industrial field, the rubber products industry will continue to promote the deep integration of informatization and intelligence, promote intelligent manufacturing, and realize the digitization, automation, and intelligence of production and operation. The digitalization, automation, and intelligence level of China's rubber products industry in terms of process equipment will be further improved in the future.

3. Scale of demand

The biggest demand for rubber products comes from tires, and the development of the tire industry relies on the automotive, construction machinery, and transportation industries. In recent years, the overall tire production in China has shown a slight fluctuation trend, and will resume growth to 988 million pieces in 2023, a year-on-year increase of 15.42%. The current value of China's rubber tire outer tire production in December 2023 is about 86.87 million pieces.

In the past five years, from 2019 to 2023, the production of rubber tire outer tires in China has increased from 842.262 million to 987.754 million.

 

3、 Industry segmentation market situation

1. Industrial rubber products

Industrial rubber products are the largest category of rubber products, represented by automotive and aviation supplies. In automobile manufacturing, rubber products are widely used in tires, seals, shock absorption systems, and other aspects. High quality tires can provide good driving stability and comfort, while rubber seals can effectively prevent liquid and gas leaks. In addition, advanced shock absorption systems also rely on the application of rubber products, which can effectively absorb road bumps and improve driving comfort.

In the aerospace field, rubber products also play an important role. For example, the spacesuits used by astronauts contain a large amount of rubber products, such as sealing rings, O-rings, etc. These products need to have extremely high heat and pressure resistance to cope with extreme environmental conditions. In addition, some special rubber products are also used to make key components such as rocket nozzles and parachutes.

In 2023, the market size of the industrial rubber products industry is approximately 583.932 billion yuan.

2. Medical rubber products

The medical field is an important application market for rubber products. For example, medical gloves, infusion tubes, catheters, etc. are all made of rubber. These products need to have excellent biocompatibility and durability to ensure the safety and efficiency of medical processes. Meanwhile, with the development of technology, some new types of biodegradable rubber products have also begun to be applied in the medical field to reduce their impact on the environment. In 2023, the market size of the medical rubber products industry is approximately 106.568 billion yuan.

4、 The competitive landscape of the industry

At present, China has become the world's largest consumer of rubber, and the production scale of various tire and rubber product enterprises continues to expand. However, compared with foreign countries, there are still many common pain points in the industry. On the one hand, the development of rubber product enterprises is uneven in size, and over all they are still in the stage of extensive development. Many small enterprises have small procurement volumes, low technological research and testing capabilities, difficult quality control, poor bargaining power, and long supply cycles. On the other hand, large enterprises at the top of the industry pyramid generally have low input-output ratios in technological research and development, and overall innovation capabilities do not match their own development scale. The industry as a whole presents a mixed bag situation. In recent years, China's rubber industry has actively promoted the development and application of new products, processes, and equipment by increasing brand cultivation, which has continuously enhanced the competitiveness of domestic rubber products in the market.

Rubber products are widely used in various aspects of China's national economy, such as industry, agriculture, national defense, transportation, machinery manufacturing, medical and health fields, and daily life. Different application fields have varying requirements for rubber products in terms of corrosion resistance, cold resistance, weather resistance, sealing, medium resistance, and other performance aspects. Therefore, it is almost impossible for a single domestic rubber product enterprise to produce standardized rubber products with high universality for various application fields and participate in competition in various segmented fields. Most rubber product enterprises in our country choose single or multiple sub sectors with strong technical strength, rich experience accumulation, and good customer cooperation relationships for deep cultivation, which makes the competition between rubber product enterprises applied in different sub sectors relatively weak.