The number of PPDI polyurethane elastomer companies is small and product prices are high

PPDI type polyurethane elastomer is a polyurethane elastomer product, which is synthesized from terephthalic diisocyanate (PPDI), oligomer glycol and small molecule glycol. It can be used to produce seals, gaskets, etc. used in special environments. Nail buffers, shock absorbers, springs, conveyor belts, rollers and other components.

In the 21st century, in the face of the rapid development of the new materials industry, many chemical companies around the world have set their sights on the field of polymer materials such as PPDI polyurethane elastomer. Related R&D companies include Japan’s Showa Denko and the United States’ Chemtura (later acquired by Lanxess Acquisition), American Parker, etc. However, due to high technical barriers, expensive products, and relatively high-end application fields, some R&D companies gradually exited the industry, leaving the PPDI polyurethane elastomer industry monopolized by a few companies. In recent years, with the joint efforts of scientific research institutes and some enterprises, the technical problems of my country’s PPDI polyurethane elastomer industry have gradually been overcome. The number of institutions mastering production technology has gradually increased. More and more enterprises have launched PPDI polyurethane elastomer devices. Domestic PPDI polyurethane elastomer production capacity and output continue to increase.

According to the “2022-2026 PPDI Polyurethane Elastomer Industry In-depth Market Research and Investment Strategy Suggestions Report” released by the Industrial Research Center , PPDI polyurethane elastomer has high manufacturing cost and the product price is relatively expensive. Nationwide, PPDI polyurethane elastomer production capacity is mainly deployed in Northeast, East China and other regions. Representative companies include Jilin Zhongke Yourui Technology Co., Ltd., Dalian Zhonghaida Technology Co., Ltd., Zhejiang Hanmai Polyurethane Co., Ltd., Yantai Keer Fuxin Material Technology Co., Ltd., etc. Overall, at present, the domestic PPDI polyurethane elastomer market is not large overall, with a small number of manufacturing companies and a high degree of market concentration.

With the increase in application research on PPDI polyurethane elastomers, the application fields of PPDI polyurethane elastomers will expand, which will help drive demand growth. In addition to the currently widely used sealing gasket fields, PPDI polyurethane elastomers also show application potential in large-size components, automobile tires, golf clubs, etc.

Industrial researchers believe that downstream fields such as aerospace and aviation, engineering machinery, etc. are areas of focus of national policies and have relatively bright future development prospects. Good, will drive the rapid growth of demand for PPDI polyurethane elastomer. With the continuous increase in downstream demand and the continuous improvement of the technical level of PPDI polyurethane elastomer, more companies will enter this field, and competition in the industry will change from relaxed to fierce.