1.The surge in aniline has a great impact on the cost of rubber additives

From the perspective of raw materials, aniline occupies the largest share of all types of raw materials, which are directly used to manufacture accelerators and antioxidants. The largest downstream application industry of aniline is MDI, with consumption accounting for about 80%, while rubber additives are the second largest downstream application industry, with consumption accounting for about 13%.

Aniline directly affects the cost of accelerator M and its derivative accelerators (DM, MZ, CZ, NS, DZ, etc.), and these products account for 70% of the output of accelerators. Driven by the increase in raw material aniline, the cost of accelerator M has increased, and the price of accelerator M has also risen sharply, and the prices of accelerators CZ, NS, DM, DZ, MZ and other products have also risen accordingly.

Aniline also directly affects the cost of antioxidant products RD (the output accounts for 32% of the antioxidants), and other raw materials used in the production of antioxidants such as diphenylamine and aminodiphenylamine are also produced using aniline as raw materials. To 90% of the output of antioxidants. The sharp rise in the price of aniline also has a great impact on the cost of antioxidant products.

2.The rebound of downstream demand is conducive to the development of the industry

In 2020, the output of rubber tires in my country will increase by 1.7% year-on-year. It is predicted that the tire industry will continue to resume growth in 2021, and the output of tires is expected to increase by more than 3% year-on-year.

In 2020, my country’s auto market saw negative growth for the third consecutive year. However, under the influence of the first half of the epidemic, the decline in production and sales in 2020 was 2% and 1.9% were significantly narrower than in 2019. The market recovery exceeded expectations. It is predicted that recovery will be achieved in 2021. Positive growth, expected to increase by about 4%. Judging from the current data released in January and February 2021, the production and sales data of tires and automobiles have increased well.

3.The rubber additives industry and the rubber industry are developing steadily

The "14th Five-Year Plan" of my country's rubber additives industry was released. It is proposed that in 2025, the total output of domestic rubber additives should be greater than or equal to 1.71 million tons, with a compound annual growth rate of 5.5%; the industry's total sales revenue should be greater than or equal to 28 billion yuan, leading the industry. The compound annual sales growth of more than 4%, the industry-wide sales compound annual growth of about 1.5%.

The "14th Five-Year Plan" of my country's rubber industry was released. It is proposed that during the "14th Five-Year Plan" period, the total rubber industry should maintain a steady growth, continue to consolidate my country's rubber industry's international leading scale influence and export share, and strive to enter the rubber industry by 2025. Intermediate stage of industrial power.