Looking back at 2013, China's tire rubber industry has made great progress. Looking ahead to 2014, China's tire rubber industry will usher in new changes and developments? Here we will predict and forecast the diversified tire rubber industry in 2014!

2014 Tire Rubber Industry Forecast
2014 Tire Rubber Industry Forecast

Outlook 1: Application of eucommia, dandelion, or breakthrough progress

The Eucommia Industry Green Paper released in 2013 pointed out that with the new cultivation technology, Eucommia can produce 400-600 kg of glue per hectare. If the planting area of ​​Eucommia is expanded to 3 million hectares, the annual output of Eucommia rubber can reach more than 1.2 million tons. In addition, as early as 2011, the National Development and Reform Commission has officially incorporated the cultivation of the Eucommia rubber industry into the national strategic emerging industry system.

According to the Tire World Network, local governments and enterprises are actively responding to this policy, and the related Eucommia rubber projects are being vigorously promoted.

In addition, the development of dandelion has also entered a new stage. Studies have shown that it is possible to use dandelion roots in the laboratory to produce high-quality natural rubber. It is reported that the German horse brand and the Fraunhofer Institute for Molecular Biology and Applied Ecology have cooperated to use dandelion as a tire rubber raw material for industrial production, and its R&D project is about to make breakthrough progress. German horse brand also expects that in the next few years, tires containing dandelion rubber components will begin to be tested on the road.

Tire World Network found that people in the industry have great hopes for the future application of Eucommia and dandelion. They believe that these two plants have become the most likely raw materials to replace rubber for tire production. As the technology matures, these two resources can effectively ease the dependence of non-rubber-producing countries on rubber imports.

Outlook 2: Enterprises that go abroad have an increasing trend

In response to the prevailing status of the “two out” of the domestic tire rubber industry, enterprises represented by China Strategic, Triangular, Delicatessen, Race Wheel and Hainan Rubber have all gone out of the country to set up factories in foreign countries in an effort to resolve some countries’ tires against China. ” As well as the small rubber planting area in China, it has adversely affected the company’s survival and development.

A site tire industry analyst said that with the United States, Brazil and other areas of China's tires continue to heat up the policy of "double reverse", the strength of domestic enterprises in foreign investment will be more and more. At present, most of these companies choose to invest in Southeast Asian countries that are closer to the place of production of rubber. It is reported that this area, as the largest rubber raw material production base, has unique geography and price advantages and is increasingly becoming the target area for the “strategic transfer” of Chinese tire companies.

Outlook 3: The overproduction of natural rubber will expand

An e-mail report from TheRubberEconomist Ltd. shows that due to the growth in rubber production exceeding consumption, the global natural rubber surplus in 2014 will expand, or from 336,000 tons in 2013 to 366,000 tons.

The report shows that the global rubber production will climb by 3.3% to 11.965 million tons in the new year, which is higher than the previously expected 3%. The increase in the output of Vietnam, Myanmar, Cambodia, and other small-scale rubber producing countries increased expectations for 2014 production.

Rubber analyst of a futures company predicted that due to the fact that the oversupply of rubber in the international market is difficult to ease in the short term, China's rubber prices may continue to show steady decline in 2014.

Outlook 4: The spot trading platform may promote better rubber prices

The price of natural rubber has been at an irrational fluctuation stage in recent years, which has an impact on the healthy development of the domestic rubber industry. In 2013, the establishment of China's natural rubber spot trading center broke the pattern of guiding prices only in the futures market, and formed a multi-level market system in which the futures market, the spot market, and the physical circulation market interact and interact with each other.

Many people in the industry are highly appraised that the Bohai Sea Commodities Exchange - Rubber Valley Natural Rubber Spot Trading Center provides an open, transparent, and efficient spot trading platform for the rubber industry, which is beneficial for promoting the change in the pricing structure of natural rubber. Try to provide an important reference for market prices.

Outlook 5: Tire RFID RFID Tags Will Be Popularized

In June 2013, South Korea’s Kumho Tire became the world’s first company to add RFID tags (also known as electronic tags) to tire products. Since then, the French Michelin Group has also accelerated the pace of promoting RFID (ie, RFID) tires.

Michelin believes that tire RFID with embedded technology is reliable and can improve the tracking of tire usage throughout the life of the tire. It is understood that there are already other tire manufacturers joining, these companies hope to develop a unified RFID international standards as soon as possible.

According to industry experts, there is a possibility that the technology will be popularized. In 2014, there may be more tire companies applying this technology, which does not rule out the possibility of Chinese companies joining the ranks.

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