With the recovery of the domestic and foreign economies, according to the latest data in 2021, China's automobile, tire and auxiliary industries, as well as the total global demand for rubber have all increased, and the growth momentum is expected to continue until 2022.

The ups and downs increase at the same frequency, indicating that the kinetic energy of the economy is increasing, which is conducive to the steady development of many rubber-related industries.

1. Automotive industry

China's automobile production increased by 11.9% year-on-year. 

According to the China Association of Automobile Manufacturers, from January to August 2021, the production and sales of automobiles were 16.166 million and 16.556 million, respectively, an increase of 11.9% and 13.7% year-on-year. Among them, 1.189 million vehicles were exported, a year-on-year increase of 128.9%.

2. Tire industry

China's tire and tire production increased by 26.4% year-on-year.

According to data from the National Bureau of Statistics of China: From January to July 2021, China's output of rubber tires was 521.814 million, a year-on-year increase of 26.4%.

3. Rubber additives

The revenue of listed Chinese rubber additives increased year-on-year.

Data from the China Rubber Assistant Special Committee: According to the published semi-annual reports of three listed companies, chemical sales of company A increased by 22%, revenue increased by 69%, company B's revenue increased by 24.3%, and company C's revenue increased by 52.68%. 

4. Rubber additives

The revenue of listed Chinese rubber additives increased year-on-year.

Data from the China Rubber Assistant Special Committee: According to the published semi-annual reports of three listed companies, chemical sales of company A increased by 22%, revenue increased by 69%, company B's revenue increased by 24.3%, and company C's revenue increased by 52.68%.