According to the latest market report of IHS Chemical, a famous Consulting company in the United States, the consumption of rubber additives in the world in 2016 is expected to be 1.5 million tons, and the demand is expected to grow from 965,000 tons in 2005 to nearly 1.8 million tons in 2020, with an average annual growth rate of 3.5% from 2015 to 2020. 

It is understood that the Chinese market will continue to develop in 2020, mainly because of the strong production and demand for motor vehicles, China is expected to account for about 50% of the world's rubber additives increment; Japan and the European Union in a few years ago, there has been a reverse decline in the demand for rubber additives, and the United States because of its improved market environment, the market demand for rubber additives will accelerate.