The high melt polypropylene (HMSPP) industry is highly concentrated, with overseas companies dominating the domestic market

High melt polypropylene (HMSPP) is a high-end polypropylene product with excellent mechanical properties and is considered a special polypropylene product. Compared with ordinary polypropylene, high-melt polypropylene has excellent performance in extensional viscosity, flow rate, crystallinity, etc., so it is favored by the market and is used in electronics, packaging, construction, electrical appliances, automobiles and other fields. Market demand Higher, the industry development prospects are better.

As a high-end product, HMSPP has high production technical barriers and relatively few companies in the market. At present, the HMSPP production technology of foreign companies is relatively mature, and representative companies include Borealis, Basel, Montel, etc. Borealis has nearly ten HMSPP grades. The products have advantages such as white material, uniform particle size, stretch resistance, and high foaming ratio. They are mainly used in microwave food packaging, automobiles and other fields; Basel also has nearly ten HMSPP grades. The product has the advantages of high heat resistance, high rigidity, and high foaming, but it also has shortcomings such as uneven particles and yellow material. However, the overall performance is similar to Borealis products and has been recognized by the market; Montel Chemical has six HMSPP grades. Currently, Mainly used in washing machines, refrigerator doors, dishwashers, ventilation ducts and other fields.

HMSPP has excellent performance, a wide range of applications, and good industry development prospects, attracting domestic enterprises. At present, some domestic companies have achieved large-scale production, such as Fushun Petrochemical, Yanshan Petrochemical, and Zhenhai Refining and Chemical. Compared with overseas companies, Chinese companies have a short deployment time in the HMSPP field, fewer product brands, and certain defects in product performance, resulting in a lack of market competitiveness. Zhenhai Refining and Chemical is the leader in the domestic HMSPP market, with many product brands and excellent product performance, with good dimensional stability and temperature resistance.

According to the “China High Melt Strength Polypropylene (HMSPP) Industry Market In-depth Research and Development Prospects Forecast Report 2021-2026” released by the Industrial Research Center It shows that the current domestic HMSPP market demand is about 60,000 tons, of which imported products account for a high proportion. Although domestic companies have achieved localization of HMSPP, they are unable to meet market demand due to poor product performance and few product brands. Therefore, In the future, the market will still be dominated by overseas companies, and there will be greater room for domestic substitution in the future. From the perspective of industry development, due to the current overcapacity of polypropylene, in order to enhance corporate competitiveness, leading companies are gradually developing in a high-end direction. As a high-end polypropylene product, HMSPP will become a hot spot for major enterprises. In the future, domestic HMSPP production technology will continue to improve and localization will accelerate.

Industry analysts said that HMSPP is a high-end polypropylene product. Although it has little application demand in various fields, it has a wide range of applications. , so the market demand is high. The HMSPP industry has high technical barriers and high market concentration. The global and domestic markets are mainly occupied by a few European companies. Although domestic companies have achieved HMSPP production, they have few product brands and cannot meet the diverse needs of the market. There will still be many problems in the future. Big room for improvement.