Market Intelligence Report on Antiscorch Agent PVI (CTP)

I. Market Price Dynamics
- Price Trend: As of April 22, 2026, the market price of antiscorch agent PVI (CTP) remains generally stable with a slight downward adjustment. Recently, fluctuations in upstream raw material prices—particularly aniline and cyclohexanone—have led certain producers to lower their quotations. For instance, on April 21, multiple petrochemical enterprises in Shandong Province reduced quotations for petroleum coke and fuel oil, indirectly affecting the production cost of PVI (CTP).
- Regional Disparities: The East China and South China regions—major consumption hubs for PVI (CTP)—have witnessed relatively stable pricing; however, rising logistics costs have prompted minor upward adjustments in distributor quotations. In contrast, Central and Western China exhibit comparatively smaller price volatility, attributable to faster demand growth.

II. Supply-Demand Landscape Evolution
- Supply Side: Domestic PVI (CTP) production capacity is primarily concentrated in Shandong, Jiangsu, and Zhejiang provinces. Key producers include Yanggu Huatai Chemical Co., Ltd., Kemai Chemical Co., Ltd., and Shangshun Chemical Co., Ltd. Recently, these enterprises have maintained stable operations with high plant utilization rates, ensuring ample market supply.
- Demand Side: The tire industry remains the dominant end-user, accounting for over 90% of total PVI (CTP) demand. Rapid expansion of the new-energy vehicle (NEV) tire market continues to drive sustained demand for high-performance antiscorch agents. Concurrently, trends toward tire lightweighting and extended service life are prompting continuous optimization of rubber formulations, further stimulating demand for highly efficient antiscorch agents. However, amid global economic headwinds, some tire manufacturers report declining export orders, resulting in moderated procurement volumes of PVI (CTP).

III. Impact of Raw Material Markets
- Aniline and Cyclohexanone: As primary raw materials for PVI (CTP), aniline and cyclohexanone exhibit frequent price volatility. Recently, falling international crude oil prices have contributed to a decline in the market prices of these chemical intermediates, thereby lowering PVI (CTP) production costs. Nevertheless, such price fluctuations also heighten operational risks for producers.
- Other Auxiliary Materials: Prices of auxiliary materials—including vulcanization accelerators and solvents—remain relatively stable, exerting minimal influence on the overall market price of PVI (CTP).

IV. Policy, Regulation, and Industry Standards
- Environmental Policies: Implementation of China’s “Dual Carbon” (carbon peak & carbon neutrality) strategy and the “Evaluation Index System for Clean Production in the Rubber Additives Industry” has intensified environmental compliance requirements for PVI (CTP) producers. Several enterprises have been ordered to suspend operations for non-compliance with environmental standards, temporarily disrupting market supply. Simultaneously, tightening environmental regulations are accelerating R&D efforts toward green synthesis processes aimed at reducing waste gas, wastewater, and solid waste emissions.
- Industry Standard Updates: Recently, relevant national authorities issued updated industry standards for rubber additives, imposing stricter quality and performance requirements on PVI (CTP). This will compel enterprises to increase R&D investment and enhance product quality and technical capabilities.

Analysis and Outlook

I. Short-Term Market Trends
- Price Outlook: Influenced by upstream raw material price fluctuations and evolving supply-demand dynamics, PVI (CTP) prices are expected to remain stable with a slight downward bias in the near term. However, robust growth in the NEV tire market—and ongoing tire lightweighting initiatives—will sustain demand for high-performance antiscorch agents, providing underlying price support.
- Supply-Demand Balance: Market supply remains abundant, yet demand growth has slowed. Reduced procurement by certain tire manufacturers due to weakened export orders exerts modest pressure on supply-demand equilibrium. Nonetheless, gradual recovery of the domestic tire market—coupled with rapid NEV tire sector expansion—should foster a steady rebound in PVI (CTP) demand.

II. Medium- to Long-Term Market Trends
- Technological Upgrading and Innovation: Stricter environmental regulation and rising downstream demand for high-performance antiscorch agents will accelerate technological upgrading and innovation across the PVI (CTP) industry. Green, eco-friendly antiscorch agents—as well as bio-based or biodegradable alternatives—will become key R&D focal points.
- Increased Market Concentration: Under the combined influence of environmental policy enforcement, evolving industry standards, and intensifying competition, market concentration within the PVI (CTP) sector is expected to rise significantly. Leading enterprises possessing scale advantages, green manufacturing capabilities, and customized service offerings will capture larger market shares.

Forecast

I. Price Forecast
- Over the near-to-medium term, PVI (CTP) market prices are projected to maintain stability with a mild downward trend. However, sustained demand growth driven by NEV tire development and tire lightweighting will provide supportive underpinnings for pricing. In the longer term, market prices are expected to gradually recover.

II. Supply-Demand Forecast
- Supply Side: Accelerated technological upgrading, innovation, and increasingly stringent environmental policies will phase out outdated production capacity. Leading enterprises with large-scale, environmentally sustainable production capabilities will secure greater market share, enhancing overall supply stability.
- Demand Side: The tire industry will continue to serve as the principal driver of PVI (CTP) demand. Growth in the NEV tire market and tire lightweighting trends will sustainably boost demand for high-performance antiscorch agents. Additionally, demand from non-tire rubber products sectors is expected to incrementally expand.