my country still relies on imports of dissolving pulp, but the industry has good development prospects

Dissolving pulp refers to a special chemical slurry composed of high-purity cellulose. The raw materials for production include bamboo, hardwood, coniferous wood, etc. The product types include cellulose ether, viscose fiber, nitrocellulose, cellulose acetate, etc. The scope of application It is widely used in textile industry, food industry, medical treatment, LCD display, explosives, cosmetics and other fields, and has good development prospects.

Due to the wide range of applications of dissolving pulp, the global application demand is high. In 2019, the global production of dissolving pulp was approximately 7.51 million tons, and by 2020 it will be approximately 6.32 million tons, a year-on-year decrease of about 15%. In 2020, under the influence of the epidemic, domestic and foreign dissolving pulp production companies suspended production or conducted maintenance more frequently, resulting in a decline in dissolving pulp production. Similar to global dissolving pulp production, my country’s dissolving pulp production was approximately 1.59 million tons in 2019, but will be approximately 1.14 million tons in 2020.

In terms of global dissolving pulp production capacity distribution, China has the highest production capacity, accounting for about 24%, followed by the United States, accounting for 20%, and South Africa, Canada, Brazil and other countries and regions have roughly the same production capacity, all at 9% about. In 2019, my country had approximately 2.6 million tons of dissolving pulp production capacity, but the actual production capacity was only about 1.2 million tons, because although Asia Pacific Senbo has a 1.2 million tons dissolving pulp production project, the project only has one line for To produce dissolving pulp, most of the capacity is used for the production of paper pulp.

According to the “In-depth Market Research and Investment Strategy Suggestions Report on the Dissolving Pulp Industry 2021-2025” released by the Industrial Research Center, my country not only It is the world’s largest producer of dissolving pulp and the largest consumer. In 2019, my country’s apparent demand for dissolving pulp was approximately 4.65 million tons, and by 2020 it will be approximately 4.4 million tons. In terms of dissolving pulp applications, viscose staple fiber is the largest application area, accounting for about 87% of the apparent consumption of dissolving pulp.

In terms of import and export of dissolving pulp, my country’s import dependence on dissolving pulp is high, which is mainly affected by factors such as shortage of raw materials, foreign dumping, and backward production technology of domestic enterprises. In the past five years, my country’s dissolving pulp imports have shown a growth trend, increasing from 2.25 million tons in 2016 to 3.26 million tons in 2020. Compared with imports, my country’s export volume of dissolving pulp is low. In 2018, the export volume reached the highest value, about 2,100 tons, and in 2020, the export volume was about 1,365 tons.

Currently, domestic dissolving pulp manufacturers include Asia Pacific Senbo, Sun Paper, Juntai Paper, Huanggang Chenming, Qingshan Paper, Huatai Forest Pulp, etc. Compared with imported products, domestic dissolving pulp does not have a competitive advantage, and the industry’s profit margins are small. Some companies have switched to the production of paper pulp.

Industry analysts said that dissolving pulp has a wide range of applications and high market demand. my country has become the world’s major producer and consumer of dissolving pulp. . Domestic demand for dissolving pulp is high, but actual domestic production capacity and output are low, and market demand relies on imports. In the short term, due to factors such as raw materials and dumping, my country’s dissolving pulp market demand still relies on imports, and the market development opportunities are small.