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Social news: Chinese market is still the world rubber industry growth engine
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According to the International Rubber Research Organization (IRSG) is expected, by the global automotive market and tire market growth driven by 2014, global demand for synthetic rubber was about 16100000 tons, in 2015 will further increase to 16800000 tons. However, the global economy is facing uncertainty, the main economic growth is lack of power, USA slow economic recovery, the European economic downturn, China economic slowdown and other factors lead to global synthetic rubber to weak demand, at the same time, the domestic latex tube, silicone tube industry is inflation. Synthetic rubber supply and demand imbalance is expected to will, product prices will continue to face pressure.
Chinese remains the engine of global growth
As the world's largest synthetic rubber production and consumption country, China market will continue to become an important engine of global synthetic rubber industry growth. Tire industry is the largest downstream industry, synthetic rubber, provides a stream of power Chinese mechanization tendency for the development of tire industry, although Chinese auto industry slowdown in growth, but because of its strong rigid demand, the automobile industry will continue to maintain a 6% to 8% increase, this to the tire industry and the upper reaches of the rubber industry is very good the news.
However, there Chinese domestic market in recent years, the investment boom, the Chinese synthetic rubber production capacity and output continues to grow, synthetic rubber production capacity has accounted for nearly 1/3 of global capacity, but the market demand and no corresponding rapid growth, sales prices continue to fall. At the same time, the economic development has entered the new normal Chinese. To adapt to this new situation, rubber industry needs through the elimination of backward production capacity, accelerate structural adjustment, realize the industrial upgrading and sustainable development.
This article from the Shenzhen City Qiyu Silicone Rubber Co., Ltd.: http://www.szhcty.com/news_v.asp? Id=321
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