Synthetic fibers have excellent performance and national policies promote industry development

Synthetic fiber is a linear organic polymer compound synthesized from small molecular organic compounds through addition polymerization or condensation polymerization. It is a type of chemical fiber.

The upstream of the synthetic fiber industry chain is the supply of materials such as petroleum, coal, polypropylene, ethylene glycol, and vinyl acetate; the midstream is the production of various products, including polyester, acrylic, nylon, vinylon, chlorine, spandex, etc.; the downstream is extensive Used in clothing, packaging, home textiles and other fields.

According to the “Synthetic Fiber Industry Market Status and Investment Prospects Forecast Report 2023-2027” released by the Industrial Research Center, synthetic fibers have High strength, good elasticity, corrosion resistance and other advantages. With the continuous development of social economy, the application fields of synthetic fibers continue to expand, the demand continues to grow, and production technology continues to advance. In recent years, the output of synthetic fibers in my country has continued to rise. In 2019, my country’s synthetic fiber output was approximately 54 million tons, and in 2022, the output will exceed 61 million tons, with a compound annual growth rate of more than 4% from 2019 to 2022.

Polyester has the advantages of excellent performance, low production cost, high cost performance, etc., and is extremely versatile. It has now become the largest variety of synthetic fibers. In 2022, my country’s polyester output will exceed 53 million tons, accounting for more than 85% of the total synthetic fiber output.

Synthetic fiber is a type of chemical fiber. Judging from the import and export volume of chemical fiber, China is a major import and export trade country for chemical fiber. However, with the continuous advancement of production technology, my country’s chemical fiber output has continued to grow in recent years, and the import volume has shown a fluctuating downward trend. , export volume increases year by year. In 2022, my country’s chemical fiber import volume will be approximately 600,000 tons, a year-on-year decrease of approximately 36%, and the export volume will be approximately 5.65 million tons, a year-on-year increase of approximately 8%. my country’s chemical fiber products have gradually gained recognition in the international market due to their price and quality advantages, and synthetic fibers have broad overseas markets.

In recent years, the state and governments at all levels have issued a number of policies to encourage and support the development of the chemical fiber industry. In April 2022, the Ministry of Industry and Information Technology and the National Development and Reform Commission jointly issued the “Guiding Opinions on the High-Quality Development of the Chemical Fiber Industry”, proposing to accurately locate the areas of encouragement and restriction in the chemical fiber industry, and increase the emphasis on high-performance fibers, recycled chemical fibers, and degradable fiber materials. Strengthen support in various fields; coordinate existing channels and increase support for chemical fiber technology innovation, green development, digital transformation, public services and other aspects. In March 2023, the Tianjin Municipal People’s Government issued the “Implementation Plan for the High-Quality Development of Tianjin’s Petrochemical and Chemical Industry”, proposing to focus on the development of three major synthetic materials, including synthetic rubber, synthetic fibers, and synthetic plastics, as well as downstream high-end fine chemicals. As an important part of the chemical fiber industry, synthetic fibers have a good development environment.

Industry analysts said that under the guidance of national policies, synthetic fiber production technology will continue to improve, industry innovation capabilities will continue to increase, and green The manufacturing system will also continue to be improved, and backward production capacity will gradually withdraw from the market. Domestic synthetic fiber manufacturers need to increase research and development efforts, improve production processes, improve production efficiency and comprehensive utilization of waste resources, and promote the development of the industry in a green and sustainable direction.