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The rubber products industry is one of the traditional and important basic industries of the national economy. It is divided into several sub-sectors and has a wide range of products. It is widely used in transportation, aerospace, machinery and electronics industries. In addition, many rubber products can be directly used as final products for daily life, sports activities and medical care. China is a major consumer of natural rubber in the world and one of the major importing countries. With the reform and opening up of the country, China's rubber products industry has developed rapidly, market demand is relatively strong, and the industrial structure is constantly adjusted. The output of various products has been Ranked first in the world.
The relevant report pointed out that there are many favorable factors for the development of China's rubber market in the future. The development of the transportation industry, the development of coal, electric power and building materials machinery industry will drive the development of related rubber products. At the same time, the tire variety structure is continuously optimized, high-performance tires accelerate the development speed, and will avoid some risk factors in the future development of the tire industry. China's synthetic rubber production capacity and output growth is also a guarantee for downstream industrial development. From the market trend, China's rubber demand will continue to grow steadily, and the future market prospects are very good. From the perspective of China's natural rubber production and controllable resources, it will further increase.