Market analysis and consumption demand of China's

Analysis of China's polypropylene industry market in 2019: consumption demand has increased steadily, and the international competitiveness of local manufacturers has improved.

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market analysis of China's polypropylene industry in 2019: consumption demand has increased steadily, and the international competitiveness of local manufacturers has improved

January 6, 2020

1. China's polypropylene output exceeded 20million tons in 2018

polypropylene (PP) is a semi crystalline thermoplastic. It has high impact resistance, strong mechanical properties, and resistance to a variety of organic solvents and acid-base corrosion. It is widely used in industry and is one of the common polymer materials

polypropylene is one of the five major synthetic resins. In recent years, the supply capacity of polypropylene in China has been effectively improved. In terms of output, according to the data of 2018 plastic industry yearbook, the output of polypropylene resin in China reached 19.005 million tons in 2017. According to the statistics of Zhongyu information, the output of PP resin in 2018 was about 20.337 million tons

statistics and growth of polypropylene (PP) resin production in China in

2. Northwest China continues to occupy the first place in regional production capacity

in 2018, China's total polypropylene production capacity reached 23.17 million tons/year, an increase of 3.12% year-on-year. Among them, the capacity of Northeast China reached 2.44 million tons, accounting for 10.53%; The production capacity in North China is as high as 4.46 million tons, accounting for 19.25%; The production capacity in East China reached 4.69 million tons, accounting for 20.24%; The capacity of South China reached 3.82 million tons, accounting for 16.49%; The production capacity in Central China reached 1.5 million tons, accounting for 6.47%; The production capacity of Northwest China reached 5.66 million tons, accounting for 24.43%; The capacity of Southwest China reached 600000 tons, accounting for 2.59%

from the perspective of new capacity, there was not much new capacity in 2018. In South China, only CNOOC and shell phase II 400000 tons/year was officially added in the first half of the year, and the total capacity increased to 3.82 million tons/year; Yanchang Yanan energy and Chemical Co., Ltd. in Northwest China successfully invested 300000 tons/year in the second half of the year, and its total production capacity increased to 5.66 million tons/year, continuing to occupy the first place in regional production capacity. The capacity of other regions has not changed

7. Displacement indication error: ≤ ± 0.5% of the indication

regional distribution of China's polypropylene production capacity in 2018

(Note: the production capacity of Southwest China accounted for 2.59%)

3. China's polypropylene (PP) import analysis

at present, China has the world's largest polypropylene demand market. Although in recent years, China's polypropylene production capacity has gradually increased, and the import demand has begun to decline steadily, on the whole, the production capacity of local manufacturers is still far from keeping up with consumer demand. In 2018, China imported 3.28 million tons of polypropylene resin

from the perspective of importing countries, at present, European, American and Japanese enterprises firmly occupy the high-end field of imported polypropylene products with strong scientific research and technical strength; South Korea, Singapore, Thailand, Malaysia, Taiwan, China, etc. are the main sources of imported polypropylene by virtue of their geographical and long-term domestic sales network; Countries in the Middle East, relying on their strong cost advantages, have a great potential to catch up

the penetration of foreign giants into China's polypropylene market forces domestic polypropylene enterprises to carry out industrial upgrading as soon as possible and develop special differentiated products with a wide range of experimental accessories with technical content and flexibility

statistics of China's polypropylene (PP) resin imports in

4. Consumer demand has increased steadily. In 2018, China's apparent consumption of polypropylene was nearly 24million tons

polypropylene is mainly used for the production of various long and short polypropylene fibers, polypropylene woven bags, packaging bags, injection molded products, etc., and for the production of flame-retardant parts of electrical appliances, telecommunications, lighting, lighting equipment and television. Thanks to the rapid development of many downstream industries such as the real estate industry in recent years, the demand for polypropylene in China has continuously increased. In terms of apparent consumption, according to the data of the 2018 plastic industry yearbook, the output of polypropylene resin in China reached 21.886 million tons in 2017. In 2018, the consumption of PP resin was about 23.898 million tons

statistics and growth of China's apparent consumption of polypropylene (PP) resin in

5. China's export of polypropylene resin increased as a whole

in terms of export, China's export of polypropylene resin increased as a whole in, reaching near cold and heat shock test chamber in 2018. The condenser should be regularly maintained every month, Use a vacuum cleaner to remove the dust attached to the radiator of the condenser, or use a hard brush after starting the machine, or use a high-pressure air nozzle to blow away the dust, which has reached a peak of 311800 tons in recent years. The increase in the export volume of polypropylene resin in China reflects the enhancement of the production strength of local polypropylene manufacturers and the improvement of international competitiveness

statistics of China's polypropylene (PP) resin imports in