There is strong demand for fluorocarbon resin in the coating field. Dongyue Group is my country’s leading enterprise

Fluorocarbon resin refers to a resin synthesized from the polymerization of fluoroolefins or the copolymerization of fluoroolefins and other monomers. Compared with other resins, fluorocarbon resin has the advantages of corrosion resistance, high/low temperature resistance, good weather resistance, and good crystallinity, and is widely used in the coating field. According to different base materials, fluorocarbon resin can be divided into four types: PVF type fluorocarbon resin, PVDF type fluorocarbon resin, PTFE type fluorocarbon resin and FEVE type fluorocarbon resin.

From the product segmentation point of view, PVDF type fluorocarbon resin is also called polyvinylidene fluoride resin. As an important thermoplastic resin, it has properties such as resistance to oxidation, UV resistance, and chemical resistance. It is widely used in the field of outdoor building materials and is fluorine. Mainstream product in the carbon resin market. FEVE type fluorocarbon resin, also known as polychlorotrifluoroethylene/vinyl ether resin, is a thermosetting coating resin with advantages in flexibility, solubility, gloss, etc. It is widely used in the field of anti-corrosion coatings.

According to the “2023-2028 China Fluorocarbon Resin Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center, Coatings are fluorocarbon resin end products, with papermaking, construction engineering, kitchenware processing, and anti-corrosion as their main application areas. In the papermaking field, fluorocarbon resin coatings can be used for coating papermaking equipment; in the construction engineering field, fluorocarbon resins can be used to produce powder coatings, waterproof coatings, and heat-insulating coatings; in the anti-corrosion field, fluorocarbon resin coatings can be used in construction, Heavy anti-corrosion and weather-resistant scenes such as ships and bridges. Benefiting from the increasingly strong downstream demand, the development space of the fluorocarbon resin industry continues to expand.

There are many players in the global fluorocarbon resin market. Leading companies include DuPont of the United States, Asahi Glass Co., Ltd. of Japan (AGC), DAIKIN of Japan, Imperial Chemical Industries of the United Kingdom (ICI), and Atofina Corporation of the United States. (ATOFINA) etc. Compared with overseas developed countries, my country’s fluorocarbon resin industry started late, but its development momentum is rapid, and the number of production companies is growing. Shandong Dongyue Group, Shanghai Sanaifu New Materials Co., Ltd., and Changshu Zhonghao Chemical Co., Ltd. are the main manufacturers of fluorocarbon resin in my country.

Dongyue Group is my country’s leading fluorocarbon resin enterprise. It focuses on the research and development, production and sales of fluorosilicone materials. Its product quality has a competitive advantage in the global market. At present, Dongyue Group has the large-scale production capacity of PVDF fluorocarbon resin for coatings. According to its corporate annual report, the company will achieve revenue of 20.03 billion yuan in 2022, a year-on-year increase of 26.4%.

Industry analysts said that in recent years, driven by downstream demand, the prosperity of my country’s fluorocarbon resin industry has continued to increase. The coating field has the largest demand for fluorocarbon resins. With the rapid development of my country’s coatings industry, the application prospects of fluorocarbon resins will continue to improve. my country’s fluorocarbon resin industry started late, but it is developing rapidly. In the future, as local companies improve their independent research and development capabilities, my country’s high-end fluorocarbon resin market share will increase.