The silicone rubber industry has achieved remarkable results. With the rapid growth of consumption, the silicone rubber industry has begun to transform from high-performance special rubber to popular synthetic rubber, becoming one of the most used rubber varieties.
It is reported that from the perspective of rubber consumption, natural rubber accounts for 41.8%, and styrene butadiene rubber and butadiene rubber together account for 28.4%. Silicone rubber is usually only used in a few non-tire fields such as construction sealants and conductive keys, accounting for only 6.4% of total rubber consumption. Therefore, as silicone rubber replaces other types of rubber in some non-tire segments, its consumption is bound to grow exponentially, and the market space will be further opened up. In this regard, the industry also agrees with the above views. It is estimated that in 2021, the proportion of silicone rubber in total rubber consumption is expected to reach 20% to 33%, that is, the consumption of silicone rubber is expected to reach 3 million to 5 million tons.
In other words, the development potential and long-term development of the silicone rubber industry are very attractive. The rapid development of the silicone rubber industry will also have a profound impact on upstream and downstream industries. In fact, the upstream and downstream industry linkage effects of the silicone rubber industry have begun to gradually appear. Some experts pointed out that the bright spot of the development of the silicone rubber industry is that it can greatly increase the domestic self-sufficiency rate of rubber. According to statistics, by 2021, the proportion of silicone rubber in my country's rubber consumption will increase from 6.5% to 33%. The overall domestic self-sufficiency rate of my country's rubber can be increased from about 50% to more than 80%, which greatly eases the tight supply of rubber and reduces the production cost of the rubber processing industry.
It can be seen that the development of the silicone rubber industry is not just a single development of a single industry, but involves the common development of multiple industries. It has far-reaching significance for the profitability of molded rubber products.