With the favorable factors from many parties, my country’s melamine overcapacity problem is expected to be alleviated

Melamine, also known as melamine and protein, is a white monoclinic crystal at room temperature. It is a triazine-type nitrogen-containing heterocyclic organic compound. It is slightly soluble in water and soluble in formaldehyde, methanol, acetic acid, pyridine, glycerol and other organic compounds. , insoluble in acetone and ether, and has the characteristics of moisture resistance, high temperature resistance, arc resistance, corrosion resistance, aging resistance, non-flammability, good gloss, high mechanical strength, and good insulation properties.

Melamine is mainly produced through urea melting. It is an important chemical raw material that is harmful to the human body and cannot be used in food processing or food additives. Melamine is widely used in industry and can be used to make plastics, coatings, resins, boards, melamine powder, impregnated paper, flame retardant materials, fireproof laminate adhesives, textile anti-folding/anti-shrink treatment agents, waterproof fixing/hardening agents and other products.

According to the“China Melamine Product Market Analysis Feasibility Research Report 2023-2027” released by the Industrial Research Center, my country is the world’s largest The production capacity of the melamine production base in China has been relatively stable in the past four years, maintaining around 1.9 million tons. Among them, the production capacity in 2022 will be 1.99 million tons, a year-on-year increase of 1.0% from 1.97 million tons in 2021. From the perspective of production capacity distribution, my country’s melamine production capacity is relatively concentrated, mainly distributed in Xinjiang, Shandong, Henan, Sichuan and other provinces. The above provinces account for 25.6%, 20.1%, 14.6%, and 12.4% of my country’s melamine production capacity respectively.

From the perspective of downstream applications of melamine, sheets, impregnated paper, adhesives, and coatings are the main application fields of melamine in my country, accounting for about 88.6% of my country’s total melamine consumption. Among them, boards and impregnated paper are the largest application fields of melamine in my country, accounting for about 58.3% of the total industry consumption.

In recent years, my country’s melamine has been in a state of overcapacity. In order to solve the problem of long-term oversupply of melamine in the market, on the one hand, domestic companies have actively sought overseas markets. my country has become a major exporter of melamine, and exports have increased rapidly. India, Turkey, Germany, Thailand, and Brazil are my country’s main export destinations for melamine. Melamine exported to the above countries accounts for about 40.5% of my country’s total melamine exports. Among them, India accounts for the largest proportion, about 14.1%.

On the other hand, companies actively invest in the research and development of downstream application products in the industry and strive to expand the melamine application market. At present, products such as melamine foam, melamine flame-retardant rigid foam, melamine board, and melamine fiber have been developed. With the continuous advancement of melamine product research and development technology and the continued expansion of the downstream application market, my country’s melamine overcapacity problem is expected to be further alleviated.

Industrial analysts said that at present, my country’s melamine production capacity is still in a situation of oversupply, with a large number of production companies and competition. More intense. Fujian Holitai, Sichuan Meifeng, Anhui Jinhe Industrial, Xinjiang Lianxin Energy, Shanxi Yangmei Chemical Industry, Shandong Hualu Hengsheng, etc. are leading companies in the industry. In the future, as my country’s supply-side reform continues to deepen and environmental protection supervision continues to increase, some melamine production companies with backward production capacity, small scale, and high pollution will gradually withdraw from the market.