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In 2006, China produced 1.65 million tons of recycled rubber, accounting for 85 percent of the world total. Up to November 2007, China has been able to produce seven series of recycled rubber products, including tires, rubber shoes, miscellaneous rubber, light color, special, special, export and more than 30 varieties; There are more than 700 reclaimed rubber enterprises in China, employing 100,000 people. It has formed several reclaimed rubber production bases of more than 100,000 tons in Pingyao, Fenyang, Hebei yutian, Cangzhou, Nantong, Jiangsu, Wenzhou, Ningbo and other cities in Zhejiang. Established waste tire recycling, dismantling, processing, regeneration and deep processing of a one-stop industrial chain.
China's recycled rubber industry has reached the world's leading level in terms of production scale, enterprise scale, varieties and grades, technology, equipment and export earnings. After becoming the world's largest producer of recycled rubber in the 1980s, China has become one of the developed countries in the global recycled rubber industry.
From January to December 2005, China's recycled rubber manufacturing industry achieved a total industrial output value of 5,044,555 yuan, an increase of 104.00% over the same period last year. The accumulated product sales revenue reached 4,493,894 thousand yuan, an increase of 76.49% over the same period last year; The accumulated profit reached 172,590 thousand yuan, up 66.99% compared with the same period last year.
From January to December 2006, China's recycled rubber manufacturing industry achieved a total industrial output value of 7,077,772 thousand yuan, an increase of 27.09% compared with the same period last year. The accumulative product sales revenue reached 7,271,686 thousand yuan, up 45.18% over the same period last year; The total accumulated profit reached 287,409 thousand yuan, 35.92% higher than the same period last year.
From January to November 2007, the total industrial output value of China's recycled rubber manufacturing industry reached 8,579,511 thousand yuan, 34.81% higher than that of the same period last year. The accumulative product sales revenue reached 8,165,563 thousand yuan, 25.69% higher than the same period last year; The total profit reached 430,895 thousand yuan, 64.90% higher than the same period last year.
Reclaimed rubber has become the third largest rubber source in China, and the profitability of the industry is growing rapidly and the development trend is good. China's recycled rubber industry ranks among the developed countries in the global recycled rubber industry. By the end of March 2012, there were 152 large-scale reclaimed rubber manufacturing enterprises in China, with total assets of 5.385 billion yuan, up 44.17% year on year.
From January to March 2012, the main business income of China's reclaimed rubber industry enterprises reached 4.19 billion yuan, with a year-on-year growth of 30.83%; The total profit reached 251 million yuan, up 44.83% year on year.