China Rubber Sector Report 2018 2nd Quarter

China’s rubber products sector witnessed a 21.5% y/y decline in sales to RMB 198bn in the first quarter of 2018 on the back of falling production. Sales of the largest subsector – tyres – shrank by 22.4% y/y to RMB 107.8bn, while the revenues of the second and third largest subsectors - rubber plate, hose & belting, and rubber accessories - went down by 16.6% y/y and 25.4% y/y, totalling RMB 26.3bn and RMB 17.5bn, respectively, in January to March 2018. § The sector’s total profit also declined, falling by 29.4% y/y to RMB 10.1bn in Q1 2018, as a result of rising prices of raw materials such as carbon black, additives used in rubber products, steel cords and others. According to the NBS data, the number of loss-making enterprises in the rubber sector reached 705 at the end of Q1 2018, compared to 544 in the same period of 2017. In the tyre subsector the number of loss-making enterprises increased to 118 at the end of Q1 2018 from 92 at the end of Q1 2017. Rising operating costs and environment-led production cuts forced a large number of tyre producers to increase their prices.

This report provides a complete and detailed analysis of the rubber sector for China. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the rubber sector in China
• Access forecasts for growth in the sector
• View key data on production and sales for the sector in China
• Crystallise the forces both driving and restraining this sector in China
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in China
• Build a clear picture of trends and issues for sub-sectors (e.g. tyre rubber products, rubber plate, hose and belting).

See below for a complete table of report contents: