my country is the main producer of electron irradiation cross-linked polyethylene (IXPE), and its output shows a steady growth trend.

Electronic irradiation cross-linked polyethylene (IXPE) is a non-toxic, environmentally friendly, green and healthy polymer material. Compared with traditional foam materials, IXPE has the advantages of waterproof, heat resistance, sound insulation and noise reduction, and high weather resistance. Therefore, it can replace traditional foam materials and be used in automotive interiors, baby products, sports and leisure, consumer electronics, household appliances, and medical care. Equipment and other fields. IXPE has a wide range of applications, benefiting from the development of the terminal industry, and market demand continues to rise.

IXPE is made of low-density polyethylene (LDPE), ADC foaming agent, and color masterbatch as the main raw materials, and is processed through extrusion and other processes. Compared with other foam materials, its processing requires the use of high energy generated by industrial electron accelerators. The electron beam irradiates the product, forming a unique network-like independent closed cell structure. During the production process, manufacturing companies can add auxiliary materials as needed to produce products with different functions, such as antisepsis, antibacterial, etc.

According to the “2022 IXPE Foam Material Industry Development Status and Investment Strategy Suggestions Report” released by the Industrial Research Center, IXPE has excellent performance. It has a wide range of applications and is in high demand around the world. In the past five years, the global IXPE market demand has shown a continuous growth trend. In 2016, the global demand for IXPE foam plastics was 1.1 billion square meters, and it will grow to 1.6 billion square meters by 2020.

With the rise of my country’s foam plastic enterprises and the improvement of production technology and processes, IXPE production technology has gradually matured and output has continued to rise. In 2016, my country’s IXPE output was approximately 600 million square meters, and will increase to 900 million square meters by 2020. my country has become a major IXPE manufacturer in the world. Representative companies include Xiangyuan New Materials, Runrunyang Technology, Zhejiang Crosslink, etc. Runyang Technology is a leading company in the IXPE industry. Currently, the company has an annual IXPE production capacity of 210 million square meters, of which domestic production capacity is 130 million square meters and overseas production capacity is approximately 80 million square meters. Moreover, Runyang Technology still plans to build a new production capacity of 100 million square meters. It is expected that the company’s IXPE production capacity will exceed 300 million square meters by 2023. Benefiting from the development of IXPE business, Runyang Technology’s revenue continues to grow. In the first half of 2021, revenue was 240 million yuan, a year-on-year increase of 28%.

Although domestic IXPE production has continued to rise in recent years, it is still unable to meet market demand. From the perspective of industry development, IXPE has great application potential in the fields of maternal and infant products and automotive interiors in the future. The current market penetration rate is low, and the future market space capacity will reach about 12.4 billion yuan.

Industry analysts said that IXPE, as a healthy and green foam, is gradually replacing traditional foam and is used in many fields , market demand continues to rise. At present, the IXPE market is in short supply and has huge potential for future market development. In terms of production, my country is the main producer of IXPE, with high production capacity and output, and great influence in the global market. Due to high production technical barriers, there are few domestic companies capable of large-scale production of IXPE, and the market is relatively concentrated.