Epoxy curing agent News my country’s polypropylene (PP) industry is large but not strong, and high-end products are still highly dependent on imports

my country’s polypropylene (PP) industry is large but not strong, and high-end products are still highly dependent on imports

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my country's polypropylene (PP) industry is large but not strong, and high-end products are still highly dependent on imports

Polypropylene (PP) is a thermoplastic formed by the addition polymerization reaction of propylene. It has a transparent and light appearance. According to different polymerization methods, polypropylene can be divided into two categories: homopolymerized polypropylene and copolymerized polypropylene. Copolymerized polypropylene is the base material for high-grade polypropylene special materials. Polypropylene has good impact resistance, acid and alkali corrosion resistance, and low production cost. It is widely used in automobiles, pipes, household appliances, rail transit, construction and other fields.

According to the “2022-2026 China Polypropylene Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center, the Thanks to the improvement of production technology and the release of market demand, global polypropylene production capacity continues to increase. By 2021, the total production capacity of the global polypropylene industry will reach more than 102 million tons, a year-on-year increase of approximately 8.6 percentage points. Globally, polypropylene production capacity is mainly concentrated in China, North America, the Middle East, and Western Europe. In 2021, the total production capacity of China’s polypropylene industry will be about 38 million tons, accounting for approximately 37.3% of the world’s total production capacity.

In recent years, my country’s polypropylene industry has developed rapidly. At this stage, my country has become one of the countries with the most comprehensive application of polypropylene production technology in the world. There are many polypropylene manufacturers in my country, and those with higher production capacity mainly include Zhejiang Petrochemical, Zhongjing Petrochemical, Jingbo Petrochemical, Dongguan Juzhengyuan, Donghua Energy, etc.

Overall, my country’s polypropylene industry is currently large but not strong. The production capacity of high-end polypropylene is still low. The demand for products such as ultra-low ash polypropylene, high melt strength polypropylene, and high crystallinity polypropylene still relies on imports. In recent years, against the background of intensified market competition, high-end polypropylene has become a new breakthrough for domestic enterprises. With the high-end development of the polypropylene industry, my country’s dependence on foreign polypropylene will continue to decline. my country’s polypropylene industry has a structural oversupply problem. In the future, my country still needs to strengthen high-end polypropylene R&D and production and optimize the polypropylene industry structure.

At this stage, there is still a certain supply gap in my country’s polypropylene market. However, with the increase in the number of enterprises and the accelerated release of new production capacity, my country’s polypropylene production capacity will further increase and is expected to reach 47 million tons in 2023. With the domestic polypropylene Propylene production capacity is growing rapidly, and my country’s share of the global polypropylene market will further increase. As the growth rate of demand is lower than the growth rate of production capacity, my country’s polypropylene market may face overcapacity in 2023.

Industry analysts said that in recent years, my country’s polypropylene industry has expanded rapidly. With the advancement of process technology, the structure of the polypropylene industry has gradually been optimized. , the production capacity of high-end polypropylene has also been continuously improved. Against this background, my country’s dependence on foreign countries for high-end polypropylene will decrease. my country is a major producer of polypropylene in the world, but it is not a strong producer. At present, my country still relies on imports of high-end polypropylene, and will maintain a certain import scale in the short term.

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