Domestic polystyrene production capacity continues to increase, with East China accounting for the largest share of production capacity
Polystyrene (PS for short) refers to a polymer synthesized from styrene monomer through free radical addition polymerization. It is a colorless and transparent thermoplastic. According to different properties, polystyrene can be divided into general-purpose polystyrene (GPPS), high-impact polystyrene (HIPS), expandable polystyrene (EPS), and syndiotactic polystyrene (SPS). Polystyrene has been widely used in electronic appliances, building materials, packaging materials, daily necessities, building materials, medical equipment and other fields due to its characteristics of hardness, transparency, low hygroscopicity, strong processability, and good electrical insulation. Industry development The prospects are better.
In recent years, domestic polystyrene production capacity has shown a steady upward trend. According to the“Development Prospects and Investment Risks of China’s Polystyrene Industry from 2022 to 2026” released by the Industrial Research Center “Avoidance Suggestions Report” shows that general-purpose polystyrene (GPPS) and high-impact polystyrene (HIPS) are the two major domestic polystyrene market segments. In 2021, domestic polystyrene production capacity It was 4.58 million tons, a year-on-year increase of 18.2%; in 2021, the domestic general-grade polystyrene production capacity was 2.87 million tons, accounting for 62.7% of the total domestic production capacity; the high-impact polystyrene production capacity was 1.71 million tons, accounting for 37.3% . In the future, as the application fields of domestic polystyrene continue to expand, its market demand will continue to increase. Driven by demand, domestic polystyrene production capacity is expected to maintain a sustained growth trend, and the industry has broad prospects for development.
From the perspective of regional distribution, domestic polystyrene production capacity is currently mainly concentrated in East China, accounting for 72.5% of the total domestic production capacity; followed by South China, North China, and Northwest China, accounting for 14.2%, 7.4%, and 7.4% respectively. 5.9%. The distribution of polystyrene production capacity is greatly affected by the application market. Household appliances, as its main application market, have a great impact on the distribution of polystyrene production capacity. Since the current domestic household appliance industry is mainly concentrated in the Pearl River Delta industry, the Yangtze River Delta and the Jiaodong Peninsula. In large industrial clusters, East China and South China are the areas where my country’s polystyrene production capacity is concentrated.
At present, the domestic polystyrene industry is still in the development stage, and there are only a small number of domestic companies in this field, mainly including Ineos Styrolution, Xinghui Environmental Protection, Chimei Chemical, CITIC Guoan, Secco Petroleum, etc. In recent years, as domestic polystyrene companies have continuously introduced advanced equipment and increased research and development efforts, domestic polystyrene technology levels and product quality have been continuously improved, but there is still a large gap compared with companies in developed countries. In the future, domestic polystyrene companies still have a lot of room for development, and the industry has great potential for development.
Industry analysts personnel stated that the current domestic dual-carbon goals continue to advance and the background of the gradual implementation of “plastic restrictions” and “plastic bans” Under this situation, the domestic chemical production capacity structure continues to adjust. Domestic polystyrene companies still need to continue to increase investment in technology research and development and continuously strengthen product innovation. In the future, polystyrene companies with larger scale and leading technology will occupy more market shares in the adjustment of production capacity structure. In the future, as the supervision of the domestic chemical industry continues to improve, the domestic polystyrene industry will continue to develop in the direction of standardization, and the industry development prospects are good.