The overall nitrile rubber (NBR) market is in a growth trend and the industrial structure needs to be adjusted urgently.

Nitrile rubber (NBR for short) is a synthetic rubber produced by low-temperature emulsion polymerization of butadiene and acrylonitrile. Nitrile rubber is the most commonly used special synthetic rubber. It has excellent oil resistance, heat resistance, wear resistance and aging resistance. It can be used to manufacture sealing products, pipe and belt products, foam materials, gaskets, casings, and cable rubber materials. etc., widely used in automobiles, construction materials, machinery, aerospace, shipbuilding, military industry, petroleum and other fields.

Globally, the nitrile rubber market is concentrated in Asia, Europe, North America and other regions. Asia is the main production and consumption area of ​​nitrile rubber in the world. Its production capacity accounts for approximately 83.0% of the world’s total production capacity, and its consumption accounts for approximately 83.0% of the world’s total. 85.4% of consumption. In recent years, thanks to advances in production technology, global nitrile rubber supply capacity has steadily increased. By 2021, the nitrile rubber industry’s production capacity has reached more than 2.2 million tons.

According to the “2022 Nitrile Rubber Industry Business Plan” released by the Industrial Research Center, from 2017 to 2021, my country’s nitrile The rubber industry’s production capacity, output, and apparent consumption are all in a fluctuating growth trend. In 2021, the output of the nitrile rubber industry will be around 200,000 tons, and the apparent consumption will be approximately 275,000 tons. With the commissioning of relevant equipment, the output of my country’s nitrile rubber industry will further grow. It is expected that the output of the domestic nitrile rubber industry will reach 246,000 tons in 2026. From 2022 to 2026, industry output will maintain a slight growth trend.

In terms of production, my country’s nitrile rubber production companies include Ningbo Shunze Rubber, Lanzhou Petrochemical, Alangtai Rubber (Nantong) Chemical, Zhenjiang Nandi Chemical, etc. In the past three years, the operating rate of my country’s nitrile rubber production companies has remained at 80 %above. In terms of consumer market distribution, the nitrile rubber consumer market is mainly distributed in East China, North China, and South China, with the combined consumption of the three regions accounting for more than 90%.

In recent years, with the increasing market demand, my country’s nitrile rubber industry structure has been adjusted, and the industry has been upgraded to high-end, environmentally friendly, and diversified directions. my country is a major producer and marketer of nitrile rubber in the world. Thanks to the advancement of production technology, the types of nitrile rubber products in my country are increasing day by day, and the quality of some products has reached the international leading level. However, compared with developed countries such as Europe and the United States, the types of nitrile rubber products in my country are still It is relatively single, and its products are mostly concentrated in the mid- to low-end fields. The demand for high-end products still relies on imports.

Industry analysts said that with its excellent comprehensive properties, nitrile rubber has been widely used in automobiles, machinery, construction, aerospace and other fields. Widely used, with the release of downstream market demand, the market size of nitrile rubber will further expand. my country is a major producer and marketer of nitrile rubber. There is sufficient domestic supply of mid- to low-end nitrile rubber, but the demand for high-end products still relies on imports. In the future, my country’s nitrile rubber industry structure needs to be adjusted urgently.