Epoxy curing agent News There is a large space for domestic substitution of MPPO and the industry has good development prospects

There is a large space for domestic substitution of MPPO and the industry has good development prospects

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MPPO domestic substitution has a large space and the industry development prospects are good

Polyphenylene ether (PPO) is currently used in many fields such as electronics and electrical, automobiles, and industrial equipment due to its excellent electrical insulation, mechanical, and heat resistance properties. However, due to the poor melt fluidity of PPO, it usually needs to be mixed with other Plastic blending modification produces modified polyphenylene ether (MPPO) for use. MPPO has better comprehensive performance and is currently used in lithium electronic batteries, 5G radomes, automotive instrumentation and other fields. In recent years, benefiting from the development of 5G and new energy vehicle industries, my country’s MPPO market demand has continued to rise.
According to the “China MPPO Industry Market Supply and Demand Status and Development Trend Forecast Report 2021-2025” released by the Industrial Research Center, MPPO belongs to Thermoplastic engineering plastics are one of the five major engineering plastics. In recent years, driven by the development of terminal industries, MPPO market demand has shown a growth trend, and the market size has climbed accordingly, reaching more than 3 billion yuan in 2020, with annual demand of approximately More than 150,000 tons. Globally, MPPO market demand is also showing a growth trend. In 2018, the demand has reached 330,000 tons, and in 2020, the demand will be about 750,000 tons. In terms of market size, the global MPPO market size was approximately 15.5 billion yuan in 2018 and will reach 19.8 billion yuan by 2020.
Due to the high technical barriers to the production of polyphenylene ether raw powder, the threshold for the MPPO industry is high, and the global production capacity is relatively concentrated. The United States is currently the world’s largest MPPO producer. From the perspective of manufacturing companies, the current major MPPO manufacturers in the world include SABIC, Asahi Kasei, Blue Star, Xinbao, and Mitsubishi, with a production capacity of approximately 350,000 tons, which cannot meet market demand.
After a long period of research, my country Blue Star Group has realized the production of polyphenylene ether raw powder and built the country’s first 10,000-ton polyphenylene ether raw powder production base. With the production of raw materials, domestic MPPO manufacturers are increasing continuously. Domestic MPPO manufacturers include Blue Star Group, Xinbao New Materials, etc.
Although the scale of domestic MPPO production capacity has been greatly improved, it still lags behind in terms of output, varieties and grades. Therefore, domestic MPPO market demand still relies on imports. In 2020, the Ministry of Commerce of my country announced its decision to launch an anti-dumping investigation into polyphenylene ether (PPE, PPO) originating in the United States from now on, which will be conducive to the development of my country’s MPPO in the direction of high performance, multiple brands, and serialization.
Industry analysts said that MPPO has excellent performance. As one of the engineering plastics, it has a wide range of applications and market demand has continued to rise in recent years. , the industry has developed rapidly. In terms of production, the output of polyphenylene ether raw powder is limited, which restricts the development of the MPPO industry. Currently, global MPPO production capacity is relatively concentrated, mainly distributed in the United States. As domestic enterprises break through the production technology of polyphenylene ether raw powder, my country’s MPPO production continues to rise. However, due to the small number of grades and relatively poor quality, market demand still relies on imports. It is expected that with the support of anti-dumping policies, my country’s MPPO industry will accelerate the realization of domestic substitution.
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