High performance rubber seals have great market potential, and in 2018, rubber seals

The current situation in China's sealing industry is that the overall competitiveness is not strong
In recent years, the production and quality of rubber seal products in China have gradually entered a new stage and era. However, these alone are far from meeting the needs of other industries for standardization and serialization of various rubber sealing products, especially compared with advanced international countries. China's sealing products have a considerable gap in both product quality and product variety.
Although the sealing industry is small, it is closely related to the development of the entire industry. Whether it is aviation, navigation, petroleum, chemical industry, machinery, power generation, metallurgy, mining, etc., seals are indispensable. Wherever there are organic, pump, pipe, and valve components, they all rely on seals. So although the industry is small, it involves a wide range of aspects.
In recent years, with the development of the economy, the sealing industry has also grown rapidly. But unlike other industries, although the sealing industry develops rapidly, the changes in sealing enterprises are slower. According to the statistics of the National Bureau of Statistics, there were 184 enterprises above designated size in China's rubber and plastic sealing industry in 2016.