Carbon-9 resin has a wide range of applications and my country has become a major producer in the world.
C9 resin, generally refers to C9 petroleum resin, refers to a thermoplastic resin generated from the C9 fraction of petroleum cracking by-products through processing, polymerization, distillation and other processes. According to different production methods, C9 resin can be divided into C9 thermopolymer resin produced by thermal polymerization and C9 cold polymer resin produced by catalytic polymerization.
Carbon-9 resin has the characteristics of low acid value, good miscibility, excellent weather resistance, strong insulation, low thermal conductivity, excellent water resistance, stable chemical properties, etc. It can be used as an ink thickener in ink manufacturing scenarios, playing a role in improving ink It plays a role in printing quality; it can be miscible with neoprene emulsion for exterior wall coatings and anti-rust coating production scenarios, and it can be miscible with emulsified asphalt for waterproof coating production scenarios to improve coating adhesion, wear resistance and weather resistance. ; It can also be used as an additive for rubber and plastics in plastic and rubber manufacturing scenarios, playing a role in improving the properties of rubber and plastics.
According to 《2023-2027annual carbon emissions released by the Industrial Research Center The in-depth market research and investment prospect forecast analysis report of C9 resin industry》 shows that overall, C9 resin has a wide range of application fields. It has become one of the indispensable materials in many chemical industries. Among them, coatings are the main application field of C9 resin. With the rapid development of the domestic coatings market, its demand continues to increase. The total output value of my country’s coatings industry will exceed 680 billion yuan in 2022. Against this background, my country’s carbon nine resin market demand has been growing at an average annual compound growth rate of over 5% in the past five years.
From the production side, my country’s carbon nine resin industry started late, but it is developing rapidly. At present, many domestic companies have achieved large-scale mass production of carbon nine resin, mainly including Ganghe Materials, Shandong Qilong, Lu Huahongjin, Huifeng Petrochemical, Xinlian Petrochemical, Xintian Chemical, Daqing Huake, Qilong Chemical, Tongxin Chemical, Zhengde Resin, etc. As the production technology of local enterprises continues to improve, domestic carbon-9 resin production capacity continues to be released. Its production capacity will exceed 600,000 tons in 2022. my country has become the world’s major producer of carbon-9 resin.
From the perspective of product segments, carbon-9 thermopolymer resin is the mainstream product in the domestic carbon-9 resin market. In 2022, its output will account for approximately 65% of the total domestic carbon-9 resin production, and is mainly used in coatings, rubber and other fields; carbon-9 cold Polyresin production accounts for about 35% and is mainly used in coatings, adhesives, additives and other fields.
Industry analysts said that C9 resin is a type of petroleum resin with excellent performance and is currently used in coatings , printing ink, rubber, plastics, adhesives and other fields have been widely used. With the rapid development of downstream markets, its market demand continues to increase. At the same time, through continuous development, the number of carbon-9 resin enterprises in my country is increasing and production capacity is constantly improving. The industry development prospects are good. In the future, the domestic carbon-9 resin industry will continue to upgrade in the direction of high purification and high-end.