Epoxy curing agent News my country’s demand mainly relies on imported POE and there is broad room for domestic substitution.

my country’s demand mainly relies on imported POE and there is broad room for domestic substitution.

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my country's demand mainly relies on imports, and there is broad room for domestic substitution of POE

Ethylene-1-octene random copolymer (POE) is a polyolefin elastomer, which was first developed by DowDuPont (DWDP) using metallocene catalysts. POE has a narrow molecular weight distribution, uniform distribution of short-chain branches, and has good air permeability, chemical corrosion resistance, aging resistance, etc., and is widely used in packaging films, foam materials, wires and cables, automobile parts and other fields.

With its unique advantages, POE can be used for blending modification, graft modification, foaming modification, etc., such as PP modification, nylon modification, etc. POE can replace traditional rubber and plastics and is used in automobiles, home appliances, shoe materials and other fields. In China, the main demand for POE in the automotive field is high, accounting for more than 60%. In recent years, with the lightweight and high-end automobiles With the development, the demand for POE applications continues to rise.

POE can also be used as a single material for the packaging material of photovoltaic modules, that is, POE photovoltaic film. POE photovoltaic film is superior to EVA film in terms of barrier properties and weather resistance, and is an excellent substitute for EVA film. In recent years, with the rapid and high-quality development of the photovoltaic industry, my country’s demand for POE photovoltaic films has continued to increase, reaching about 200 million square meters in 2020. my country’s POE photovoltaic film suppliers include Hangzhou Foster Applied Materials, Oriental Risheng New Energy Co., Ltd., Shanghai Haiyouwei New Materials, etc.

According to the “2022-2027 Ethylene-1-octene Random Copolymer (POE) Industry Market In-depth Research and Investment Prospect Forecast Analysis Report released by the Industrial Research Center” shows that the total global POE production capacity reaches 1.2 million tons/year. Globally, POE production companies mainly include DowDuPont, ExxonMobil, Mitsui Chemicals, Saudi Basic Industries Corporation, and South Korea’s LG Group, etc., among which Dow Chemical is the world’s largest POE manufacturer. POE has a wide range of applications and market demand is growing. Globally, Western Europe, North America, Japan and other regions have high consumer demand for POE, with the combined demand in the three regions accounting for nearly 90%.

Due to catalyst patent protection, strict technology blockade, and low localization rate of core materials, my country’s POE production capacity is low, and market demand is almost entirely dependent on imports. In order to meet the growing market demand, domestic companies are actively conducting research. In China, companies planning to invest in the construction of POE devices include Wanhua Chemical, Sinopec Tianjin, Wison New Materials, Jingbo Petrochemical, etc. With the advancement of technology and the construction of related devices The speed is accelerating, and the localization of POE is just around the corner.

Industry analysts said that POE is a polyolefin elastomer with superior performance, and its downstream applications involve automobiles, packaging films, and wires. In the fields of cables and photovoltaics, in recent years, with the development of my country’s photovoltaic and automotive industries, the demand for POE has continued to rise. At present, global POE production capacity is concentrated in foreign companies. Due to factors such as technology and patents, my country’s POE production capacity is low, demand mainly relies on imports, and there is broad room for domestic POE substitution.

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