Compound rubber has broad application prospects and there is huge room for industry growth in the future.

Mixed rubber refers to a type of rubber that is fluid and not cross-linked by processing and mixing raw rubber and compounding agents. The production process of rubber compound is to use methyl or vinyl raw rubber as raw material, add coupling agent, silica, bridging agent, structure control agent and other materials to carry out chemical reaction, and then mix it through high-temperature internal mixer The process of preparing rubber compounds. The common types of rubber compounds currently on the market include fluorosilicone rubber compounds, silicone rubber compounds, fluorine rubber compounds, nitrile rubber compounds, etc.

The compound rubber has good high temperature resistance, cold resistance, liquid resistance, oil resistance, etc., as well as excellent extrusion performance, compression resistance, insulation performance, etc., and can be widely used in rubber, chemicals, textiles, home appliances, automobiles, etc. Medicine, mining, petroleum, ceramics, machinery and other fields.

Among them, rubber is the largest application field of compound rubber. Mixed rubber is the raw material for manufacturing rubber products, and its quality has an important impact on the quality of rubber products. At present, driven by the rapid development of domestic automobile, electronics, transportation, home appliances, machinery and other industries, the output of rubber products continues to increase, and as its key raw material, market demand for rubber compound has shown continued growth.

my country is currently the world’s major producer and consumer of rubber. According to data from the National Bureau of Statistics, China’s cumulative output of synthetic rubber reached 8.117 million tons in 2021, a cumulative growth of 2.6%. In this context, according to the “China’s Compound Rubber Industry Market Supply and Demand Status and Development Trend Forecast Report 2023-2027” released by the Industrial Research Center shows that my country’s total rubber compound production capacity has exceeded 1.2 million tons in 2021.

At present, the domestic enterprises in the compound rubber market mainly include Guanlian New Materials, Zhonghe Rubber Industry, Fukai Rubber, Xinxiexiang Rubber Industry, Lixin Rubber, Haiyu Rubber, Jituo Rubber, Hexbo Composite Materials, and Xiangjiao New materials, etc., have a large number of companies, but most of them are small and medium-sized enterprises, and the industry concentration is low. At present, my country’s rubber compound market is relatively fragmented, with foreign-funded companies, local companies, and Taiwan-funded companies competing on the same stage. In the future, driven by the continuous improvement of the technology of local companies and the continued growth of rubber market demand, domestic rubber compounding companies are expected to accelerate their growth into leading companies with multiple advantages such as technology, scale, and capital, and industry concentration is expected to continue to increase.

Industrial analysts said that rubber compounding is an important branch of the rubber industry. In recent years, it has played an important role in the national economy. Driven by the rapid development of electronics, automobiles and other fields, the market demand for rubber compounding continues to increase, production capacity continues to increase, and the industry has good development prospects. However, the concentration of my country’s rubber compounding industry is currently low, and there is no leading company with the advantages of technology, scale, and capital to emerge. There is still huge room for growth in the domestic industry in the future.