The market demand for transparent polypropylene continues to increase, and the proportion of high-end products will increase
Transparent polypropylene, referred to as transparent PP, not only has the properties of traditional polypropylene, but also has good transparency and gloss. It is one of the fastest growing varieties in the polypropylene industry. Transparent polypropylene has a wide range of applications and can be used to manufacture disposable lunch boxes, medical syringes, transparent beverage cups, infant bottles, infusion bags and other products. Downstream applications involve food, medical, packaging, infants, industrial parts and other fields.
Transparent polypropylene is a modified plastic. With its advantages of transparency, light weight, and low price, transparent polypropylene is favored by the market. The global market demand for transparent polypropylene continues to rise. Up to now, the global demand for transparent polypropylene has Close to 10 million tons/year. The outbreak of the new coronavirus pneumonia has caused a surge in demand for medical transparent polypropylene. At the same time, the consumption of transparent polypropylene has also achieved substantial growth.
According to the “2022-2027 China Transparent Polypropylene Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center In recent years, my country’s transparent polypropylene market has maintained rapid growth. Especially after the outbreak of the epidemic in 2020, the transparent polypropylene market has shown a booming trend in both production and sales. In 2021, the output of my country’s transparent polypropylene industry will be 1.45 million tons, with apparent consumption of approximately 1.64 million tons, a year-on-year increase of 24.2%.
In foreign markets, suppliers of transparent polypropylene include Dow Chemical of the United States, Exxon Mobil, SK Group of South Korea, Mitsui of Japan, BASF AG, Borealis, Dalin of South Korea, Montel of Germany, Huntsman Group, Samsung of South Korea and the Netherlands Basel et al. There are many suppliers of transparent polypropylene in the world, with a wide range of product brands, basically meeting the application needs in different fields. In the past two years, driven by the epidemic, global demand for transparent polypropylene has continued to grow, and the market price of transparent polypropylene has remained at a high level.
In the domestic market, companies with production licenses for transparent polypropylene include Shanghai SECCO, Zhenhai Refining and Chemical, Lanzhou Petrochemical, Maoming Petrochemical, Qilu Petrochemical, Shanghai Petrochemical, Zhongke Refining and Chemical, Shenhua Ningmei Coal, Levima New Materials, etc. Transparent polypropylene is a key research direction in the field of polypropylene. In recent years, with technological advancement, my country’s production capacity of transparent polypropylene has increased, but the demand for transparent polypropylene has grown faster than in traditional application fields. Transparent polypropylene has a negative impact on imported supply. The dependence is still high, especially for high-end transparent material polypropylene.
Industry analysts said that with the outbreak of the new coronavirus, the market demand for anti-epidemic materials has increased significantly, and the market for transparent polypropylene has developed rapidly. , but the growth rate of demand for transparent polypropylene is higher than the growth rate of production capacity, and its market price remains high. my country’s transparent polypropylene market is developing rapidly, and the industry’s production capacity continues to increase. In the future, driven by technological upgrades, the proportion of high-end transparent polypropylene will further increase.