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    Home > Chemicals Industry > China Chemical > In 2020, China's modified plastics industry has high import substitution demand in the market

    In 2020, China's modified plastics industry has high import substitution demand in the market

    • Last Update: 2022-03-11
    • Source: Internet
    • Author: User
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    【Chemical machinery equipment network market analysis ] Modified plastics are currently widely used in home appliances, automobiles, communications, medical, electronic and electrical, rail transit, precision instruments, home building materials, security, aerospace, * and other fields.
    From 2010 to 2019, my country's modified plastics also achieved a rapid increase, from an annual output of 7.
    05 million tons in 2010 to about 19.
    55 million tons in 2019; the modification rate increased from 16.
    2% in 2010 to 2019 Of 20.
    4%.

     
    Market analysis of chemical machinery equipment networkChemical machinery and equipment
    Modified plastics are widely used downstream
     
    Modified plastics are widely used downstream
    As one of the three major polymer compounds, plastics are polymerized by various resins formed by the petrochemical industry through addition polymerization or polycondensation reactions.
    With the characteristics of light weight, high strength, insulation, light transmission, and wear resistance, they are currently widely used In the various production activities of human society.

     

    With the characteristics of light weight, high strength, insulation, light transmission, and wear resistance, plastics are currently widely used in various production activities in human society and have a wide range of downstream applications.
    But the plastic itself has poor heat resistance, large thermal expansion coefficient, easy to burn; poor low temperature resistance, it becomes brittle at low temperature; it is prone to aging under the action of the atmosphere, sunlight, *, or certain media.
    The above shortcomings limit the plastic Further extensive applications.

     

      Therefore, in some industries or usage scenarios that require high material performance, plastics need to be modified to meet the performance requirements.
    Plastic modification refers to the addition of suitable additives, fillers or other polymer components on the basis of general plastics, engineering plastics or special engineering plastics, and processing and modification by means of filling, toughening, reinforcement, etc.
    , to improve the plastic material in a certain Some aspects of performance.
    The plastic processed by the above modification technology is called modified plastic.
    Generally speaking, the performance of modified plastics is better than plastics in terms of flame retardancy, strength, impact resistance, and aging resistance.
    The main plastic modification methods are as follows:
      The upstream of polymer modified materials is the petrochemical industry, the upstream raw materials are generally various synthetic resins and various additives and modified filling materials, etc.
    , and the downstream mainly covers home appliances, automobiles, communications, electronic and electrical, medical, rail transit, and precision instruments.
    , Home building materials, security, aerospace, * and other fields.
      There is a certain overlap in the application industry of modified plastics and plastics.
    Customers choose suitable materials according to the specific requirements of different products or components: When the material performance requirements are relatively single and the conventional plastics can meet the requirements, customers usually use standardized Conventional plastics; when conventional plastics cannot meet customer customization requirements due to insufficient performance in certain aspects, or customers seek to reduce the cost of using conventional engineering plastics or special engineering plastics, modified plastics are required to meet the requirements.

     

      Although there is no strict division between the downstream application industries of modified plastics and plastics, the two occupy a dominant position in different fields.
    In industries such as daily necessities and product packaging, unmodified plastics are currently mainly used as raw materials; while in areas with complex usage scenarios and high material performance requirements such as automobiles, electronic and electrical, and communications, most conventional plastic varieties cannot Directly used to manufacture products, modified plastics are widely used.
      The plastic modification rate continues to increase
     
    The plastic modification rate continues to increase
      Modified plastics originated abroad.
    The development of modified plastics in my country began in the 1990s.
    With the continuous advancement of "plastics to replace steel" and "plastics to wood" and the rapid development of the domestic economy, modified equipment and technology continue As it matures, the entire modified plastics industrial system has also been continuously improved, which has strongly promoted the important transformation of the plastics processing industry from focusing on consumer goods to rapidly entering the field of means of production, and has greatly promoted the upgrading and development of the plastics processing industry.

     

      According to national statistics, from 2010 to 2019, my country’s modified plastics have also achieved a rapid increase, from an annual output of 7.
    05 million tons in 2010 to about 19.
    55 million tons in 2019; the modification rate has increased from 2010 The year’s 16.
    2% increased to 20.
    4% in 2019.
      Automobiles and home appliances are big application areas
     
    Automobiles and home appliances are big application areas
      The home appliance industry is one of the important downstream industries in the modified plastics industry.
    Modified plastics have excellent safety, non-toxic, energy saving, environmental protection, antibacterial and anti-mildew properties, and can meet people's needs for lightweight and healthy home appliances.
    Modified plastic materials are mainly used to manufacture parts such as housings, blades, and exteriors of home appliances.
    With the rapid economic development and the rapid improvement of people's living standards, the domestic market for home appliances is rapidly expanding.
    In addition, the export of my country's home appliance industry continues to grow, and its position in the home appliance industry continues to improve, and it has become one of the industries with a higher degree of domestication.
    The domestic and foreign market demand promotes the vigorous development of my country's home appliance market, and at the same time brings the rapid growth of the upstream modified plastics industry demand.
    The use of modified plastics in the field of home appliances in my country has increased from 3.
    6 million tons in 2015 to 4.
    6 million tons in 2019, maintaining continuous growth.
      Modified plastics are widely used in the automotive industry and have a long history.
    With the development of the automotive industry, people’s requirements for lightweight, energy-saving, and environmental protection of automotive materials are increasing.
    Modified plastic materials are used in automotive interiors, exteriors, and electronics due to their low density, high strength, and good molding process performance.
    Various aspects such as electrical and powertrain have been widely used.
      In recent years, the demand for modified plastic materials in the automotive sector in my country has risen from 3.
    52 million tons in 2015 to 4.
    66 million tons in 2019, increasing year by year.
    With the steady increase in automobile production and sales and the development of automobile lightweight trends, it is expected that the demand for modified materials in the automobile sector will maintain a good upward momentum.
      Kingfa Technology Output
     
    Kingfa Technology Output
      According to the comparison of the 2019 annual reports of listed companies that published the production data of modified plastics, the production of modified plastics of Kingfa Technology in 2019 is far from that of peer companies.
    Its modified plastics output was 1,289,100 tons, a year-on-year decrease of 6.
    76%; Guoen shares modified The output of plastics was 273,500 tons, a year-on-year increase of 74.
    7%; the output of Dawn Co.
    , Ltd.
    's modified plastics was 191,000 tons, a significant increase of 152.
    5%; the output of Silver Jubilee Technology's modified plastics was 119,300 tons, a year-on-year decrease of 23.
    9%; Tongyi shares The output of modified plastics was 103,000 tons, a year-on-year increase of 82.
    0%.
      In 2019, the sales volume of modified plastics of Kingfa Technology was 1,264,400 tons, a year-on-year decrease of 6.
    1%; the sales volume of modified plastics of Guoen Co.
    , Ltd.
    was 273,800 tons, a year-on-year increase of 77.
    0%; the sales of modified plastics of Dawn Co.
    , Ltd.
    was 181,200 tons, a year-on-year increase 138.
    4%; Silver Jubilee Technology's modified plastic sales volume was 121,500 tons, a year-on-year decrease of 22.
    9%, and Tongyi's modified plastic sales volume was 99,700 tons, a year-on-year increase of 86.
    3%.
    In the future, the development of my country's modified plastics industry will show the following trends:
     
    In the future, the development of my country's modified plastics industry will show the following trends:
      ——Strong support from national policies
     
    ——Strong support from national policies
      Polymer modified materials are an important branch in the field of new materials, a key scientific and technological field for my country's development, and an important part of the strategy of manufacturing a strong country and the strategy of innovation-driven development.
    In recent years, the competent government departments have issued a series of industrial policies to encourage the development of the polymer modified materials industry.
    *The "Thirteenth Five-Year" National Strategic Emerging Industry Development Plan proposes to conform to the development trend of high-performance, multi-functional and green new materials, promote the sustainable development of characteristic resources and new materials, strengthen the layout of cutting-edge materials, and adopt strategic Guided by the needs of emerging industries and major projects, optimize the industrialization and application environment of new materials, strengthen the construction of new materials standard systems, improve the level of application of new materials, and promote the integration of new materials into the manufacturing supply chain.
    Therefore, polymer modified materials, as a key industry encouraged and developed by the country, have been supported by a number of national industrial policies in recent years, which is conducive to the overall development of the industry.

     

      ——Continuous expansion of downstream applications
     
    ——Continuous expansion of downstream applications
      Modified plastics are an important branch of polymer modified materials.
    Modified plastics are currently widely used in home appliances, automobiles, communications, electronic and electrical, medical, rail transit, precision instruments, home building materials, security, aerospace, * and many other national pillars Sex industry and emerging industries, of which home appliances and automobiles are currently important downstream applications of modified plastics.
    In addition, modified plastics have been increasingly used in various fields of society due to their light weight, corrosion resistance, flame retardancy, heat resistance, insulation and other properties.
    In the field of health protection, modified plastics can be used in food packaging, medical protection and other scenarios; in the field of rail transit, modified plastics can be used in interior and exterior decoration, structural parts, and cushioning materials; in the field of home building materials, modified plastics are also used in sanitation An important part of luggage, power tools, security equipment and other products; in aerospace, * and other fields, modified plastics also have a wide range of applications.

     

      ——Increased demand for import substitution
     
    ——Increased demand for import substitution
      The modified plastics industry has many years of development history in many developed countries.
    Large chemical companies such as BASF, Dow, DuPont, SABIC, etc.
    have obvious advantages in raw material supply, business scale, and technology accumulation.
    In terms of formula research and development, processing and manufacturing, brand quality, etc.
    , the products are widely used in the field.
    In contrast, most domestic modified plastics companies began to rise after the development of domestic home appliances and automobile industries.
    Although they have developed rapidly in recent years, there is still a certain gap between their comprehensive competitiveness and large chemical companies.
    The sex plastics market is still dominated by imports, and there is a large demand for import substitution.

     

      In recent years, large-scale domestic enterprises in the industry have continuously increased R&D investment, and the technological gap with large enterprises has gradually narrowed.
    Some enterprises have gradually penetrated the market by researching and developing functional and high-performance products.
    On the other hand, in recent years, as my country's upstream petrochemical companies continue to strengthen independent research and development of products, it has also driven the overall innovation of the domestic modified plastics industry to accelerate.
    As my country has continued to promote economic transformation and industrial upgrading in recent years, the import substitution demand of modified plastics in China has become increasingly urgent, providing good development opportunities for domestic industries with strong technical strength.
      For more data, please refer to Qianzhan Industry Research Institute "China Modified Plastics Industry Production and Sales Demand and Investment Forecast Analysis Report".
    At the same time, Qianzhan Industry Research Institute also provides industrial big data, industrial planning, industrial declaration, industrial park planning, industrial investment promotion and other solutions.
    Program.

     

      Original title: Ten pictures to understand the market status and development trend of China's modified plastics industry in 2020, high import substitution demand
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