my country’s tire sealant market lacks leading companies and industry development faces many challenges

Tire repair fluid, also known as inflatable tire sealant, tire sealant, and tire repair fluid, is a mixture containing a variety of polymer chemical materials. Tire repair fluid has the advantages of being environmentally friendly, non-toxic, easy to use, capable of repairing tires, and can adjust tire temperature. It is widely used in the tire repair process of small and medium-sized cars, electric vehicles, and motorcycles.

The main components of tire repair fluid are inflating agent and liquid rubber. Liquid rubber refers to rubber that appears as a viscous fluid liquid at room temperature. It has the advantages of easy processing, low energy consumption, heat resistance, water resistance, and aging resistance. It is widely used in the chemical industry. my country is a major rubber producer. With the improvement of technological maturity, the production and quality of liquid rubber in my country have been continuously improved, which has laid a good foundation for the development of the tire sealant industry.

According to the “2023-2028 China Tire Sealing Fluid Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center , Tire repair fluid is mainly used in the tire repair process of small and medium-sized cars, electric vehicles, and motorcycles. In recent years, with the rapid economic development and the improvement of national living standards, my country’s automobile sales have continued to grow. According to statistics from the China Association of Automobile Manufacturers, my country’s automobile sales reached 8.235 million units from January to April 2023, a year-on-year increase of 7.1%. Benefiting from the increasingly strong downstream demand, the development space of my country’s tire sealant industry will further expand.

The world’s leading tire sealing fluid companies include Usia Group of the United States, British Petroleum Company, and Kakuichi Kasei Co., Ltd. of Japan. There are many tire repair fluid manufacturers in my country, but the market lacks leading companies and the industry concentration is low. Zhejiang Liming Intelligent Manufacturing Co., Ltd., Changshu Tongrun Auto Parts Co., Ltd., Beijing Mike Hengtong Technology and Trade Development Co., Ltd., and Shanghai Huawei Auto Parts Co., Ltd. are the main manufacturers of tire sealant in my country. There is still a certain gap between my country’s tire sealant production technology and overseas developed countries, and local companies lack competitive advantages in the global market.

At present, the development of my country’s tire sealant industry still faces many challenges. On the one hand, due to the low industry entry threshold and imperfect industry standards and quality testing standards, the quality of tire sealant fluids in my country is uneven; on the other hand, the production of high-end tire sealant fluids is more difficult and the production cost is higher. The company does not yet have independent research and development capabilities, resulting in high reliance on imports for demand.

Industry analysts said that tire repair fluid can be used in the tire repair process, and the industry has good development prospects. In terms of market competition, there are many tire repair fluid manufacturers in my country, but they are dominated by small and medium-sized enterprises, and the market lacks leading enterprises. At present, the development of my country’s tire sealant industry is facing many challenges. Local companies urgently need to increase investment in research and development to further increase the market share of my country’s high-end tire sealants.