Industry News

November 25, 2019 2019
China's NBR consumption will reach 250,000 tons by 2020

China's nitrile rubber import volume than last year, combined with the operating rate decline, tight market supply, the price of nitrile rubber to a high of 23,000 yuan per ton. With the continuous development of NBR application field, the NBR market has rebounded recent years, and the capacity of device creation has been improved. In addition, some enterprises have published plans for new NBR installations in order to perfect the layout of synthetic rubber. The investment analysis of nitrile rubber industry is as follows.

 

Develop with a steady pace of China's automotive industry, the proportion of NBR demand in China's automotive industry will be larger and larger, which will drive the development of sealing products and hose materials. Adding in demand for other applications such as wire and cable, the nitrile rubber estimates that NBR consumption will grow at an annual rate of about 3.8% in 2017 -- 2020, and that China's NBR consumption will reach 250,000 tons by 2020.


For another rubber  P/T/U/D EPDM shaped rubber extrusion are widely used in seal strip ,have something in common with nitrile rubber.

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