China has become the largest producer of acrylic esters and the consumption field is relatively concentrated.
The development of China’s acrylate industry can be divided into three stages: the first stage is from the 1980s to the early 21st century, the exploratory period of Russian and Japanese acrylates. This stage mainly involves the introduction, digestion and absorption of foreign advanced technologies, and localization Conversion, the number of manufacturing enterprises is small, the production scale is small, and the products are highly dependent on external products; the second stage is from the early 21st century to around 2010, which is the initial stage of development. After BASF laid out the Chinese market, China’s acrylic ester industry began to develop rapidly, and companies The quantity has increased, and the local supply capacity has been significantly improved, but the international competitiveness is limited; the third stage is from 2010 to the present, which is a period of development and growth. During this stage, the supply side and demand side of China’s acrylic ester industry have grown rapidly simultaneously, and China has not only become a global The largest acrylate consumer country has also become the world’s most important acrylate production base. According to the released “2022-2027 Acrylate Industry Market In-depth Research and Investment Prospect Forecast Analysis Report”, in 2021, China’s acrylic acid Ester production capacity accounts for nearly 50% of the world’s total.
From the perspective of downstream consumption, China’s acrylates are mainly used in coatings, adhesives, textiles and other fields, with the total consumption in the three major fields accounting for more than 70%. In the field of coatings, acrylates can be used to produce water-based acrylic coatings, solvent-based acrylic coatings, high-solid acrylic coatings, acrylic powder coatings and acrylic radiation-cured coatings; in the field of adhesives, acrylic esters have strong adhesion properties. With its wide bonding range, good weather resistance, low toxicity and other excellent properties, it is widely used in the surface bonding of polar materials such as metal, ceramics, cement, wood and paper or porous surfaces, polyester, polystyrene, polyvinyl chloride and economical Corona-treated polyolefin and other plastic and fiber bonding as well as food packaging and medical and sanitary products; in the textile field, acrylic resin is mainly used as fabric finishing agent, textile warp sizing agent, fabric coating agent, fabric waterproofing agent and fabric Softeners, etc.
Industrial analysts said that after thirty or forty years of development, the acrylate industry has basically formed a market structure and is becoming more mature. The growth rate of the industry has also declined, but acrylates are basic chemical materials with a wide range of applications. Moreover, the competitiveness of my country’s acrylates in the international market is constantly improving, and the industry still has room for growth in the future.