The demand for domestic plastic products is high, which is good for the development of the plastic antioxidant industry

Plastic antioxidants are one of the methods that can effectively alleviate the degradation and thermo-oxidative aging of plastic resins and products. Due to the increase in the types of plastics and the continuous application of functional plastics, the plastic antioxidant industry is gradually developing in a special, efficient and green direction. Common plastic antioxidants currently on the market include phosphorus antioxidants, phenolic antioxidants, sulfur antioxidants, composite antioxidants, polymeric phenol antioxidants, etc. Among them, phenolic antioxidants It is the most widely used and largest antioxidant in plastics.

Antioxidants can be used in almost all plastic products, especially in polymer materials, which can extend the service life. Benefiting from policy support, my country’s polymer materials industry has developed rapidly, driving the growth in demand for antioxidants. Plastic products are still the main application materials in domestic construction, packaging and other fields. Benefiting from the development of terminal industries, my country’s plastic product output has fluctuated and increased, reaching 82 million tons in 2019. Affected by the epidemic in 2020, downstream demand has slowed, and domestic plastic products Production has declined to about 76 million tons.

According to the “Plastic Antioxidant Industry Market In-depth Research and Investment Prospects Forecast Analysis Report 2021-2026” released by the Industrial Research Center , benefiting from the sustained development of my country’s economy and industry, the demand for plastic products in electronics, building materials, automobiles and other fields has increased, driving the demand for plastic antioxidants to rise. In 2019, my country’s demand for plastic antioxidants was approximately 167,000 tons. In 2020, Annual growth to 186,000 tons.

Globally, the annual consumption of plastic antioxidants is about 580,000 tons, and there are about 50 manufacturers. However, the market concentration is high, with BASF, Songwon, Addivant and other companies occupying the main market. In terms of consumption region, Asia is the main market for plastic antioxidants, accounting for about 55%.

China has become the world’s largest producer and effector of plastic antioxidants, and its annual demand for plastic antioxidants has reached about 33% of the world’s total. With the development of my country’s plastic products industry and the application of new materials, the application structure of plastic antioxidants has also changed. Currently, the application demand in PP and PE is high, and the demand for the two accounts for 66%.

There are many plastic antioxidant manufacturers in my country, but the companies with larger production capacity include Sanfeng, BASF, Tianjin Lisheng, Beijing Jiyi and other companies. The total domestic plastic antioxidant production capacity is about 180,000 tons. my country’s plastic antioxidant products are still mainly general-purpose, with low added value and serious product homogeneity, which cannot meet the differentiated needs of consumers. Therefore, the plastic antioxidant industry needs to develop in the direction of specialization in the future.

Industry analysts said that plastic is still an important domestic packaging and construction material, and the demand for domestic applications is high, which is beneficial to the anti-oxidation of plastics. development of the pharmaceutical industry. my country is one of the world’s major producers and consumers of plastic antioxidants. Its production capacity and output can meet market demand. However, most domestic products are general-purpose series, which are not consistent with the rapid development of domestic polymer materials. In the future, the plastic antioxidant industry will need Develop in the direction of specialization and efficiency.