Epoxy curing agent News Hexafluoropropylene has high application demand and good industry development prospects

Hexafluoropropylene has high application demand and good industry development prospects

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Hexafluoropropylene has high application demand and good industry development prospects

Hexafluoropropylene (HFP) is an organic compound obtained by thermal cracking of tetrafluoroethylene. It is mainly used as a raw material for fluorine rubber, fluoroplastics, fluorosulfonic acid ion exchange membranes, fluorocarbon oil, and perfluoropropylene oxide. . In addition, hexafluoropropylene can also be used in pharmaceutical intermediates, fire extinguishing agents and other products, with a wide range of applications. Benefiting from the application of fluorine-containing materials, the industry has developed rapidly.
Fluorine-containing polymer materials have a wide range of applications and are used in 5G base stations, communication cables, semiconductors, new energy, smartphones, wind power and other industries. Driven by the development of the above industries, my country’s market demand for fluorine-containing polymer materials continues to grow. trend. Affected by demand, the output of fluorine-containing polymer materials in my country continues to rise, reaching 254,000 tons in 2021. As one of the fluorine-containing polymer materials, hexafluoropropylene has also shown a stable growth trend in the industry.
According to the “Global Hexafluoropropylene Industry In-depth Market Research and Key Area Research Report 2022-2026” released by the Industrial Research Center, In addition to being used in the processing of fluorine rubber, hexafluoropropylene can also be used to make fluorine refrigerants. Fluorine refrigerants have experienced four generations in my country, among which the market demand for third-generation HFCs refrigerants continues to rise and has become the mainstream of the market. At present, refrigerants are mainly used in air conditioners, refrigerators and automobiles. In 2020, my country’s total HFCs production capacity is approximately 1.7 million tons, and the actual output is approximately 820,000 tons. Benefiting from the development of fluorine refrigerants, the application demand for hexafluoropropylene has also increased.
There are many hexafluoropropylene manufacturers, including Juhua, Yonghe, Haohua Technology, Luxi Chemical, Yonghe Refrigeration, Sanmei Chemical, etc. Foreign manufacturers include Honeywell, Chemours, Daikin, etc. Hexafluoropropylene production companies around the world and in my country are mostly large-scale fluorine chemical companies. Their products are mainly used for internal consumption and a small amount is exported. There are many fluorine chemical manufacturers in my country, and the scale is relatively large. The current hexafluoropropylene production capacity is about 100,000 tons, of which Yonghe Co., Ltd. has a hexafluoropropylene production capacity of 8,000 tons/year.
Benefiting from the development of downstream industries, my country’s hexafluoropropylene market demand has shown a rapid growth trend. In 2017, the market demand was approximately 39,000 tons, and will grow to 56,000 tons by 2021. Yonghe’s main business includes hexafluoropropylene. In the first half of 2021, the company achieved revenue of 1.261 billion yuan, a year-on-year increase of 31.5%.
Industrial analysts said that hexafluoropropylene is a fluorine-containing polymer material, mainly used in the production of fluorine rubber and refrigerants , benefiting from the development of downstream industries, the market demand for hexafluoropropylene continues to rise. In terms of production, hexafluoropropylene is a subdivided product in the fluorine chemical industry. Most of the production companies are large fluorine chemical companies. In addition to internal consumption, a small amount of the products are used for market sales. Therefore, the current market concentration of hexafluoropropylene is relatively high. , Yonghe shares have a greater influence in the market.
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