In recent years, the synthetic rubber capacity of
China has seen rapid growth. As of late 2012, China’s capacity and output of
synthetic rubber hit 3.904 million tons and 3.85 million tons (estimated), with
producers numbering 23. Benefiting from self-contained raw material equipment,
Sinopec Group and China National Petroleum Corporation are leading synthetic
rubber producers in China, with the combined capacity accounting for 59.5% of
the country’s total.
Due to robust domestic demand as well as favorable
policies, private, foreign and Taiwanese enterprises are seizing Chinese
synthetic rubber market. For example, in January 2012, the 100,000 t/a BR
and 100,000 t/a SBR equipment built by Shandong Huamao Flamestop New-Material
have both been put into service; in May 2012, the 30,000 t/a NBR equipment
jointly invested by TSRC and Germany-based LANXESS in Chinese mainland was put
into production, increasing the total production capability of synthetic rubber
(including BR, SBR, NBR and SBS) of TSRC (with joint ventures included) to
302,000 t/a in Chinese mainland.
In addition, other projects including the 50,000 t/a
nickel-based BR equipment of Shandong Junteng Synthetic Rubber, 100,000 t/a BR
project of Zhejiang Transfer Synthetic Materials, and 100,000 t/a SSBR of
Liaoning North Dynasol Synthetic Rubber are all expected to be put into
production before 2015. The estimation shows that the new synthetic rubber
capacity of China is projected to hit 2.239 million t/a by late 2015.
At present, BR and SBR are the synthetic rubber with
the highest output in China, accounting for 19.5% and 33.0% of China’s total
synthetic rubber output in 2011 respectively. However, NBR, IIR, EPR and other
special rubber are heavily reliant on imports due to severe shortage of output
as a result of restrictions in technologies and raw materials.
NBR: in 2012, the NBR capacity of China hit 209,000
t/a. PetroChina Lanzhou Petrochemical Company, one of the four producers, is
the first largest NBR enterprise in China with the capacity hitting 69,000 t/a.
During the 12th Five-Year plan period, several sets of NBR equipment are set to
be put into production, including a 60,000 t/a NBR plant jointly invested by
Jiangsu GPRO Group and INSA, a wholly-owned subsidiary of Mexico-based KUO
Group, as well as a 50,000 t/a NBR equipment jointly built by Sinopec Group and
Russia-based SIBUR in Shanghai.
Request a Sample Copy
@ http://www.rnrmarketresearch.com/contacts/request-sample?rname=70842
IIR: in 2011, the IIR net import volume of China
claimed 217,100 tons, nearly equivalent to 2.6 times of China’s output. In
2012, China had a total of three IIR producers, with the combined capacity
realizing 200,000 t/a. According to the released information, the 50,000 t/a
IIR project of CNOOC, 50,000 t/a IIR project of Formosa Plastic Group, 60,000
t/a IIR project of PetroChina Lanzhou Petrochemical Company, 60,000 t/a IIR
project of PetroChina Daqing Petrochemical Company, 60,000 t/a IIR project of
Tianjin Lugang Petroleum Rubber are all expected to be put into production in
upcoming two or three years in succession. By then, the IIR self-sufficiency
rate of China will further rise.
EPR: in 2011, the EPR output of China reported
19,000 tons, with the net import volume hitting 205,000 tons. As of late 2012,
CNPC Jilin Petrochemical Company was the only EPR producer in China, with the
capacity reached 45,000 t/a. Given the high value-added EPR products are
expected to see great development potential in upcoming years, many
international industrial players, including South Korea-based SK Group and
Germany-based LANXESS are gluing their eyes on Chinese market to build EPR
production equipment. It’s estimated that the EPR capacity of China by 2015
will hit 770,000 tons which is conductive to easing the domestic imbalance
between supply and demand.
The
Report Highlights:
- Supply & demand, import & export, regional distribution, product structure, competition pattern and development trend of China synthetic rubber industry;
- Supply & demand, import & export, competition pattern, price and development trend of China synthetic rubber market segments;
- Supply & demand, import & export, competition pattern, price and development trend of the upstream market of China synthetic rubber industry;
- Operation, business performance and development prospect of 22 Chinese synthetic rubber manufacturers.
