Automotive industry activates domestic rubber product market
December 12, 2022
From April 21 to April 22, 2014, the 2014 China Automobile Forum, hosted by the Ministry of Industry and Information Technology and organized by the China Association of Automobile Manufacturers, was held in Beijing. During the conference, according to statistics and analysis submitted by the China Association of Automobile Manufacturers on commercial vehicles (passenger parts) production enterprises, in the first quarter of 2014, in the six major regions in China, compared with the same period of last year, sales volume in South and South-western China was slightly reduced. There was a decline, and other regions had their own growth. Among them, the growth rates in North China and Northeast China were among the highest. For chemical companies, in the field of adhesives, the field of rubber products for vehicles can also be of concern.
Rubber parts can be subdivided into automotive sub-sectors such as automotive rubber products, household electrical appliance rubber products, and engineering machinery rubber products, depending on the application area. Among them, automotive rubber products accounted for more than 50% of the production and sales of rubber products. In developed countries, 90% of shock-absorbing rubber and 70% of hoses are used in the automotive industry. According to the data, there are 100 to 200 rubber parts used in an ordinary car. Take the Santana car as an example. The rubber product used has a mass of 66 kilograms, equivalent to about 20 kilograms of raw rubber, and accounts for about 2% of the car cost.
In 2013, there were 34 global non-tire and rubber products companies that invested and built factories in China. There are more than 70 factories in China and are widely distributed in several major automobile production bases in Shanghai, Tianjin, Changchun, Wuhan, and Guangzhou. The products include various rubber products for automobiles. Through establishing links with the local leading auto group, these companies have strengthened the direct connection between the production of rubber products and automobile production; in addition, these joint ventures or wholly-owned enterprises have expanded from the production of rubber products to raw materials, rubber machinery and testing instruments. Downstream industries can be integrated.
Compared with foreign-funded enterprises, the production technology of China's auto rubber products began in the late 1980s and has been fully enhanced by the introduction of foreign production technologies and equipment. At present, China has initially formed an engineering rubber product base in Hengshui, Hebei, a V-belt base in Taizhou, Zhejiang, a rubber hose base in Jingzhou, Hebei, and a rubber seal production base in Haining, Zhejiang. At present, the domestic auto rubber product market (including supporting market and maintenance market) has a scale of more than 400 billion yuan, of which seals, shock absorbers and hoses occupy a major share, reaching more than 90%, and future market space can be further excavated.