Domestic synthetic rubber industry market is very dynamic

fter 50 years of development, Chinese synthetic rubber devices production capacity and output are the second largest in the world, which accounts for about 9.9% of the world's total capacity and 14.5% of total output. Became one of the world's most dynamic synthetic rubber market. In addition, our country can produce all the basic  varieties of synthetic rubber except isoprene rubber (IR) , and form the distinctive production base.

The total capacity of Synthetic rubber in China in 2007 (including latex and thermoplastic styrene-butadiene rubber SBS) reached 2.05 million tons/year, among which the seven main synthetic rubbers(including SBS) output is 1.6575 million tons/year, accounting for about 80.8% of the total output of synthetic rubber.

With the increase of production capacity, the total output of synthetic rubber products also increased, in 2007 reached 2.22 million tons, with an increase of about 20. 32% than 2006, mong which the output of seven main synthetic rubbers (SBS) is 1.633 million tons, year-on-year growth of around 11.9%; The top three companies are Yanshan Petrochemical, ShenHua Chemical and Qilu Petrochemical, the annual output of 259000 tons/year, 213600 tons/year and 212600 tons/year and accounting for 15.9%, 13.1% and 13% of the total output of seven major synthetic rubbers respectively.

Synthetic rubber consumption is growing rapidly in our country, has surpassed the United States and became the world's first big synthetic rubber consumption country, apparent consumption of 3.554 million tons in 2007, growth of 15.8% than 2006. The consumption of seven main synthetic rubbers reached 2.631 million tons, up 11.6% year on year, accounting for 74% of total consumption.