In the rubber and plastic industry, as one of the most representative rubbers with excellent comprehensive properties such as oil resistance, physical and mechanical properties and chemical resistance, nitrile rubber is widely used in the manufacture of various oil resistant rubber products, a variety of oil resistant gaskets, gaskets, sleeves, flexible packaging, flexible hoses, printing and dyeing rubber rollers, cable rubber materials, etc. this special synthetic rubber is widely used in automobile, aviation, petroleum It has become an essential elastic material in industries such as copying. In 2019, the consumption of nitrile rubber in automobile and transportation industry is prominent, accounting for more than 50%.
China is a large consumption area of nitrile rubber in recent years, accounting for about 39% of the market share in 2019; Followed by Europe, with a market share of about 18% in 2019. In 2020, the global nitrile rubber market reached 11.9 billion yuan and is expected to reach 15.9 billion yuan in 2026, with a compound annual growth rate (CAGR) of 4.2%.
It is reported that the special nitrile rubber project with an annual output of 35000 tons started by Petrochina Lanzhou Petrochemical Company on March 15 this year is progressing smoothly and has entered the final stage of installation. The project is a major project for the transformation and upgrading of PetroChina, a key construction project in Gansu Province in 2021, and a high-quality development project of Lanzhou Petrochemical. The total investment of the unit is nearly 800 million yuan, and the independent intellectual property technology is adopted. The unit products cover more than 30 brands of general and special, low nitrile, medium nitrile, high nitrile and other series.
Although China is already a big country in the production and marketing of nitrile rubber in the world, it accounts for nearly 40% of the global market. However, compared with foreign countries, high-end products lack international competitiveness. In the last 10 years, China has made great progress in the field of nitrile rubber, and the properties of the products are equivalent to those of imported rubber. However, some processing and application manufacturers still use imported nitrile rubber due to the influence of material habits. The industry suggests that domestic nitrile rubber manufacturers should further provide technical services to support the expansion of product market.
After the 35000 ton special nitrile rubber project of Lanzhou Petrochemical is completed and put into operation, the production scale of nitrile rubber of the company will reach 100000 tons / year, ranking second in the world and far ahead in China. This is of great significance to further consolidate and develop the leading and leading position of the domestic nitrile rubber market, improve the market share of nitrile rubber and the overall economic benefits of the company, and will also play a certain pulling role in the overall economic development of the western region.
In recent years, the production capacity of China's special synthetic rubber industry has been increasing. The state has paid more attention to the import substitution of special synthetic rubber, gradually improved policies and measures, and promoted the expansion of production capacity of special synthetic rubber. At the same time, the share of domestic products is increasing. The downstream application field of special synthetic rubber is mainly automobile industry, and it is also widely used in many other industries. With the increase of domestic production enterprises and the improvement of production technology, the application field of domestic special synthetic rubber is more extensive and the market share is increasing.
At present, the independent innovation power of domestic nitrile rubber production enterprises is accelerating and strengthening, the industry has entered the forefront of the world, and the horn of a powerful country has sounded.