In recent years, the rapid development of China's non tire rubber products industry has greatly boosted the market demand for NBR, hydrogenated NBR, neoprene, EPDM and other synthetic rubber. However, due to the capacity constraints, China's production of EPDM, Nitrile rubber, neoprene, etc. in terms of production or performance, can not meet market requirements, the annual import volume is still very large.
China imported 1.412 million tonnes of synthetic rubber in 2007, an increase of 8.4% from the previous year; average price reached 2011 USD/ton, which grew 10.2% from the previous year, and both imports and average prices were at record highs. China's synthetic rubber imports are expected to reach 1.9 million tonnes by 2010. The huge market attracts the world's synthetic rubber production predators, and they have increased their efforts to develop the Chinese market. "Although we have not yet established a production base in China, we have an absolute interest in entering the Chinese market," Sun Jiazao, Asia Pacific Marketing manager at the Lanxess Industrial rubber products business, said in an interview shortly before the 2008 China International Rubber and plastics exhibition. The rapid development of China's rubber industry provides a huge space for the growth and profitability of industrial rubber products. "
Market: Attracting international predators
In recent years, the output of China's non tire rubber products has increased significantly, and the amount of plastic consumption has been increasing. According to China Rubber Industry Association, 2007, China's production of non-tire rubber products are: Conveyor belt 170 million square meters, growth than the previous year 10.7%;v belt 990 million a meters, the increase of 8.1% than the previous year, plastic tube 550 million meters, than the previous year, the increase of 7.5%, rubber shoes 1.8 billion pairs, up 13.1%.