Overview of Synthetic Rubber Business
Synthetic rubber is a type of artificial rubber that is created using chemicals. Synthetic rubber is gaining popularity and is slowly replacing natural rubber. Synthetic rubber has proven to be long-lasting, abrasion-resistant, fireproof, flexible and naturally high mechanical strength. On top of this, synthetic rubber is less toxic and environmentally friendly.
In India, the demand for synthetic rubber in FY2021 stood at 671 thousand tonnes, and it is projected to reach 1055 thousand tonnes by the year FY2030. Various factors, such as the increasing demand for automobiles, the growth of the construction industry, and the growing demand for consumer goods, drive the demand for synthetic rubber in India.
Benefits of Synthetic rubber
Durability: Synthetic rubber is known for its excellent durability and resistance to wear and tear. This makes it useful in high-stress applications such as tires, hoses, and gaskets.
Chemical resistance: Synthetic rubber is resistant to a wide range of chemicals, making it ideal for use in applications where chemical exposure is a concern.
Extreme temperature resistance: Synthetic rubber can withstand hot and cold temperatures, making it an essential ingredient for use in applications where temperature fluctuations are a concern.
Elasticity: Synthetic rubber is highly elastic, which makes it the perfect component where flexible materials are required, such as seals and gaskets.
Versatility: Synthetic rubber can be formulated to meet specific performance requirements, making it a versatile product that can be used in many applications.
Cost-effectiveness: Synthetic rubber is often less expensive than natural rubber and can be produced in large quantities, making it a cost-effective commodity for various applications.
Availability: Unlike natural rubber, which is sourced from rubber trees, synthetic rubber can be produced from petroleum-based monomers, making it a readily available material that can be produced in large quantities.
Types of Synthetic Rubber
Synthetic rubber can be formed using different chemicals, and these chemicals can produce various synthetic rubber varieties such as:
Manufacturing Process of Synthetic Rubber
Following is the process of manufacturing synthetic rubber:
Mixing of hydrocarbons: Various hydrocarbons, such as oil, coal etc., are mixed and refined. This mixing creates products that are used to produce plastics and gasoline.
Creating monomers: The mixing of hydrocarbons creates Naptha. Naptha is then blended with different types of natural gases to create monomers. These monomer strands are bonded together to make polymers.
Creating polymers: Once the monomer production is completed. The monomers, such as nitrile rubber, styrene-butadiene rubber, nitrile rubber etc., will be fused together with chemical agents to form polymers.
Rubber Substances: The production plant will create numerous polymers forming rubber substances or compounds. These compounds will later be refined to form synthetic rubber.
Vulcanisation: This is the final step in the manufacturing process. Here, the rubber substances will be subjected to a process called vulcanisation. In the vulcanisation process, accelerators such as sulphur are added to the rubber in order to make it more durable.
Necessary Papers required for Synthetic Rubber License
Licensing requirement for Synthetic Rubber business
The applicant has to pay a fixed amount annually to procure a manufacturing license. The fee can be paid to the rubber board physically through Demand draft (DD) or money order, or online transfer. The payment has to be made in favour of the Deputy director of Rubber Board, Kottayam, Kerala. The applicant must renew the license periodically before the date of expiry.
Apart from this other licences and approvals for synthetic rubber manufacturing include:
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Pre-Conditions for grant of the license
The applicant has to satisfy the following conditions for the business to the Department of Chemicals and Petrochemicals:
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Frequently Asked Questions
Synthetic rubber is a type of polymer engineered to mimic natural rubber's properties. It is made by polymerising petroleum-based monomers, such as butadiene and styrene. Unlike natural rubber, which is produced from the sap of rubber trees, synthetic rubber can be manufactured on a large scale and is more consistent in terms of quality and properties.
The demand for synthetic rubber in India is growing, driven by the increasing demand for automobiles, tires, and construction materials. The Indian synthetic rubber market is expected to grow steadily in the coming years.
Synthetic rubber is used in various everyday products, such as engine bearings, industrial goods, conveyor belts, clutches, tires etc. Synthetic rubber also has a high-temperature resistance which is also used in fire fighting equipment.
Synthetic rubber is often considered better than natural rubber due to its consistent quality and properties. Synthetic rubber is more resistant to heat, ozone, and chemicals, making it more suitable for applications where it will be exposed to harsh conditions. It is also more durable and has better abrasion resistance than natural rubber, making it ideal for functions where it will be exposed to wear and tear. Additionally, synthetic rubber is produced in a controlled environment, eliminating the variations in quality and properties that can occur with natural rubber.