1. Overview of the rubber products industry
Because rubber has many good properties such as oil resistance, high and low temperature resistance, high elasticity, viscoelasticity, buffering and vibration reduction, electrical insulation, softness, and waterproofing, rubber products are widely used in automobiles, electric power, and rail transit. , national defense, aerospace, petrochemical, medical and other fields. In the field of main engine equipment, rubber is mostly used to produce moving parts, stressed parts, wearing parts and functional parts. Its performance and quality have an important impact on the performance, level, quality and reliability of main engine equipment.
2, Rubber products industry market
Rubber products refer to raw rubber (natural rubber, synthetic rubber , reclaimed rubber, etc.) as the main raw material and various compounding agents as auxiliary materials. After rubber mixing, calendaring , molding, vulcanization and other processes The various products manufactured are of various types and specifications and are widely used in many industrial fields. The rubber products industry is one of the traditional important basic industries of the national economy. According to the "China Rubber Industry Yearbook" and the "Guiding Outline of the Rubber Industry's "14th Five-Year Plan" Development Plan" compiled by the China Rubber Industry Association over the years, from 2010 to 2019 The main business revenue of my country's rubber products increased from 577.746 billion yuan to 696.100 billion yuan, maintaining an overall growth trend.
Rubber parts manufacturing. According to the "National Economic Industry Classification and Code List" (GB/T 4754-2017), the rubber products industry includes 7 sub-industries: tire manufacturing, rubber sheet , tube and belt manufacturing, rubber parts manufacturing, recycled rubber manufacturing, daily use And medical rubber product manufacturing, plastic manufacturing for sports venues and other rubber product manufacturing.
Rubber parts manufacturing refers to the activities of producing various rubber parts using natural or synthetic rubber as raw materials, mainly providing supporting products for downstream industries. With the continuous innovation and development of technology, the application fields of rubber parts have continued to expand and have penetrated into various fields of the national economy and national defense construction, becoming an indispensable part of the modern industrial system. The main business income of rubber parts manufacturing from 2010 to 2018 is shown in the figure below:
Data source: China Rubber Industry Yearbook
3, Automotive Application Market Space
The growth rate of my country's automobile production and sales has slowed down, and the automobile industry has entered a stable period of development. Automobile Industry is a strategic and pillar industry of the national economy, and it is also one of the industries with the highest degree of globalization. Compared with developed countries, China's automobile industry started late. However, as one of the country's pillar industries, China's automobile industry has developed rapidly with the support of national industrial policies, and automobile production and sales have grown rapidly. It has now become the world's largest automobile producer and sales country, and the automobile manufacturing industry has huge room for development.
According to World Automotive Organization (OICA) statistics, since 2009, my country's automobile production and sales have ranked first in the world for ten consecutive years. China's automobile production increased from 13.791 million units in 2009 to 25.7207 million units in 2019, with a compound annual growth rate of 6.43%; China's automobile sales increased from 13.6448 million units in 2009 to 25.7687 million units in 2019, with a compound annual growth rate of 6.43%. It reached 6.56%, higher than the global automobile production growth rate of 4.04% and the global automobile sales growth rate of 3.37%. After 2011, the growth rate of my country's automobile production and sales stabilized. By 2018-2019, my country's automobile industry experienced negative growth due to factors such as Sino-US economic and trade frictions, switching of environmental standards, and the decline of new energy subsidies. According to the "Medium and Long-term Development Plan for the Automobile Industry" issued by the Ministry of Industry and Information Technology, the National Development and Reform Commission and the Ministry of Science and Technology, with the acceleration of new industrialization and urbanization and the development of overseas emerging automobile markets, the automobile industry still has a lot of market space. my country's automobile output will reach 2025. It will reach about 35 million vehicles.
Data source: World Automobile Organization (OICA)
New energy vehicle production and sales continue to increase. In recent years, my country's new energy vehicle production and sales have shown a rapid growth trend. According to China Automobile Manufacturers Association statistics, my country's cumulative annual output of new energy vehicles from 2016 to 2019 was 517,000, 794,000, 1.27 million and 1.242 million respectively, and sales were 507,000 and 777,000 respectively. vehicles, 1.256 million vehicles and 1.206 million vehicles. In 2019, my country's new energy vehicle production and sales accounted for 4.8% and 4.7% of total automobile production and sales respectively.According to the "Medium and Long-term Development Plan for the Automobile Industry" issued by the Ministry of Industry and Information Technology, the National Development and Reform Commission, and the Ministry of Science and Technology, it is clear that by 2020, the annual production and sales of new energy vehicles in my country will reach 2 million units, and by 2025, the production and sales of new energy vehicles in my country will account for more than 20% of the production and sales of automobiles. development goals. On October 27, 2020, the "Energy-Saving and New Energy Vehicle Technology Roadmap 2.0" guided by the Ministry of Industry and Information Technology and compiled by China Society of Automotive Engineers was officially released, proposing that by 2035, my country's energy-saving vehicles and new energy Each accounts for 50% of annual vehicle sales, and the automotive industry has achieved electrification transformation. There is still a lot of room for growth in my country's new energy vehicles in the future.
This excerpt comes from the "Rubber Products Industry Investment Feasibility Research Report" released by Shangpu Huatai
