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    Home > Chemicals Industry > Rubber Plastic News > Large-scale wind power catalyzes high-demand polyetheramine enterprises to accelerate production expansion

    Large-scale wind power catalyzes high-demand polyetheramine enterprises to accelerate production expansion

    • Last Update: 2022-10-31
    • Source: Internet
    • Author: User
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    The development of large-scale wind power is accelerating.
    At present, among various industrialized amine curing agents, only polyetheramine can meet the performance and process requirements of large-scale wind power blade manufacturing.
    The large-scale wind power catalyzes the demand for high polyetheramine, and related enterprises are accelerating Expansion, the larger the blade, the more demand for polyetheramine, different manufacturers have different ratios

    .

    The relevant person in charge of Chenhua Co.
    , Ltd.
    said: At present, the company's polyetheramine downstream orders are normal.
    Considering the resumption of work of large enterprises of epoxy resin curing agent for wind power blades after the epidemic in Shanghai, the demand for polyetheramine should increase in the future

    .

    The relevant person in charge of Chenhua Co.
    , Ltd.
    said: At present, the company's polyetheramine downstream orders are normal.
    Considering the resumption of work of large enterprises of epoxy resin curing agent for wind power blades after the epidemic in Shanghai, the demand for polyetheramine should increase in the future

    .

    Large-scale wind power drives high demand

    Large-scale wind power drives high demand

    Polyetheramine is a polymer containing polyether and amine groups, and wind power is its largest downstream application
    .
    Polyetheramine has excellent comprehensive properties in many aspects such as low viscosity, long pot life, high toughness, anti-aging, excellent waterproof performance, etc.
    Therefore, polyetheramine or polyetheramine compound is basically used for the curing of epoxy resin in wind turbine blades.
    Nearly 60% of domestic polyetheramines are used in wind power generation

    .

    With the economic improvement of parity projects brought about by the accelerated decline in wind power costs and China's proposed goal of "carbon peaking by 2030 and carbon neutrality by 2060", domestic wind power has entered a period of high prosperity
    .
    It is expected that the total installed wind power demand in China will enter a stage of accelerated development during the "14th Five-Year Plan" period.
    It is expected that the annual average newly installed capacity will reach about 55GW during the "14th Five-Year Plan" period, which is a significant increase from 29GW during the "13th Five-Year Plan" period.
    By 2025 The annual newly installed capacity will reach more than 70GW

    .
    The acceleration of domestic substitution has brought new market space for domestic polyetheramine enterprises
    .
    At present, the main manufacturers of the global polyetheramine market are Huntsman in the United States and BASF in Germany.
    These two companies occupy most of the global market share, with production capacities of about 130,000 tons and 70,000 tons respectively, accounting for a total of Nearly 70% of global production capacity

    .
    Affected by the new crown epidemic, the overseas production capacity of international mainstream manufacturers such as Huntsman and BASF is limited, and the logistics and shipping costs are high, which provides domestic polyetheramine enterprises with the opportunity to "superior"

    .
    The relevant person in charge of Chenhua Co.
    , Ltd.
    said that the current demand for polyetheramine is relatively normal, and the product price is relatively stable, but the purchase price of raw materials has declined

    .
    The company will actively seize the opportunity of domestic substitution to seize market share

    .
    There is still a certain gap between domestic polyetheramine enterprises and foreign competitors in terms of product model, production efficiency, product quality, etc.
    , and there is still a large space for import substitution

    .
    Enterprises accelerate production expansion and advance layout
    The total domestic production capacity of polyetheramine is about 100,000 tons, and the industry concentration is relatively high
    .
    These include 35,000 tons of CP New Materials, 31,000 tons of Chenhua, 20,000 tons of Acre, 10,000 tons of Yueyang Changde, and 8,000 tons of Real Madrid Technology

    .
    In order to better meet the market demand, domestic polyetheramine manufacturers have accelerated production expansion.
    Wanhua Chemical (40,000 tons), Chia Tai New Materials (90,000 tons), Chenhua (40,000 tons), Yueyang Changde (3.
    5 million tons) Existing enterprises such as 10,000 tons) and Akeli (20,000 tons) have expanded their production.
    It is expected that the production capacity of domestic polyetheramine enterprises will expand to about 300,000 tons per year by 2025

    .
    The person in charge of Chenhua Co.
    , Ltd.
    said: The new production capacity planned by the company is currently under construction.
    "The construction of new production capacity requires the suspension of the existing production line, and the company needs to comprehensively evaluate the timing of construction

    .
    Acrei plans to 20,000 tons of continuous process polyether.
    Amine is expected to be put into production by the end of 2023

    .
    The new production capacity of foreign polyetheramines is very limited, and most of the new production capacity is concentrated in China
    .
    In addition, polyetheramine exhibits a highly oligopolistic industry state, and the technical barriers and certification barriers to enter the industry are high, making it difficult for new companies to enter, and the supply-demand relationship is expected to remain tense in the future

    .

    With the economic improvement of parity projects brought about by the accelerated decline in wind power costs and China's proposed goal of "carbon peaking by 2030 and carbon neutrality by 2060", domestic wind power has entered a period of high prosperity
    .
    It is expected that the total installed wind power demand in China will enter a stage of accelerated development during the "14th Five-Year Plan" period.
    It is expected that the annual average newly installed capacity will reach about 55GW during the "14th Five-Year Plan" period, which is a significant increase from 29GW during the "13th Five-Year Plan" period.
    By 2025 The annual newly installed capacity will reach more than 70GW

    .
    The acceleration of domestic substitution has brought new market space for domestic polyetheramine enterprises
    .
    At present, the main manufacturers of the global polyetheramine market are Huntsman in the United States and BASF in Germany.
    These two companies occupy most of the global market share, with production capacities of about 130,000 tons and 70,000 tons respectively, accounting for a total of Nearly 70% of global production capacity

    .
    Affected by the new crown epidemic, the overseas production capacity of international mainstream manufacturers such as Huntsman and BASF is limited, and the logistics and shipping costs are high, which provides domestic polyetheramine enterprises with the opportunity to "superior"

    .
    The relevant person in charge of Chenhua Co.
    , Ltd.
    said that the current demand for polyetheramine is relatively normal, and the product price is relatively stable, but the purchase price of raw materials has declined

    .
    The company will actively seize the opportunity of domestic substitution to seize market share

    .
    There is still a certain gap between domestic polyetheramine enterprises and foreign competitors in terms of product model, production efficiency, product quality, etc.
    , and there is still a large space for import substitution

    .
    Enterprises accelerate production expansion and advance layout
    Enterprises accelerate production expansion and advance layout
    The total domestic production capacity of polyetheramine is about 100,000 tons, and the industry concentration is relatively high
    .
    These include 35,000 tons of CP New Materials, 31,000 tons of Chenhua, 20,000 tons of Acre, 10,000 tons of Yueyang Changde, and 8,000 tons of Real Madrid Technology

    .
    In order to better meet the market demand, domestic polyetheramine manufacturers have accelerated production expansion.
    Wanhua Chemical (40,000 tons), Chia Tai New Materials (90,000 tons), Chenhua (40,000 tons), Yueyang Changde (3.
    5 million tons) Existing enterprises such as 10,000 tons) and Akeli (20,000 tons) have expanded their production.
    It is expected that the production capacity of domestic polyetheramine enterprises will expand to about 300,000 tons per year by 2025

    .
    The person in charge of Chenhua Co.
    , Ltd.
    said: The new production capacity planned by the company is currently under construction.
    "The construction of new production capacity requires the suspension of the existing production line, and the company needs to comprehensively evaluate the timing of construction

    .
    Acrei plans to 20,000 tons of continuous process polyether.
    Amine is expected to be put into production by the end of 2023

    .
    The new production capacity of foreign polyetheramines is very limited, and most of the new production capacity is concentrated in China
    .
    In addition, polyetheramine exhibits a highly oligopolistic industry state, and the technical barriers and certification barriers to enter the industry are high, making it difficult for new companies to enter, and the supply-demand relationship is expected to remain tense in the future

    .
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