Global polypropylene thermoplastic elastomer (PTPE) production capacity continues to increase, with my country being one of the main driving forces
Polypropylene thermoplastic elastomer (PTPE) is a thermoplastic elastomer material encouraged by the state to develop and produce. Against the background of increased national support, my country’s polypropylene thermoplastic elastomer production capacity has steadily increased. Compared with European and American countries, my country’s research and development and application of polypropylene thermoplastic elastomers are relatively late. At this stage, my country’s polypropylene thermoplastic elastomer manufacturers mainly include Shandong Dawn, Kingfa Technology, Wanma Polymer Materials, Jinling Opto, etc.
Polypropylene thermoplastic elastomer refers to a polymer elastomer composed of ethylene propylene diene rubber (EPDM) particles dispersed in continuous polypropylene PP. Polypropylene thermoplastic elastomer has excellent aging resistance, weather resistance, heat resistance, high resilience, electrical insulation and environmental protection, and is easy to process and shape. It conforms to the current market consumption trend, so its market demand continues to rise.
According to the “2021-2025 polypropylene thermoplastic elastomer (PTPE) industry market supply and demand status and industry operating indicators in-depth investigation and analysis report released by the Industrial Research Center 》shows that in recent years, driven by multiple favorable factors, the development of my country’s polypropylene thermoplastic elastomer industry has continued to improve. The number of companies entering the polypropylene thermoplastic elastomer market in China continues to increase, and related projects under construction and planned are also increasing, such as Zhongjing Petrochemical’s 1.2 million tons of polypropylene thermoplastic elastomer project; Kingfa Technology’s PTPE with an annual output of 1.2 million tons and modified new material integration projects.
In the international market, the main suppliers of polypropylene thermoplastic elastomers include ExxonMobil, Japan’s Mitsui, South Korea’s Kumho Chemical, and the United States’ Tenol Apex, etc. The overall market concentration is relatively high. In recent years, the new global polypropylene thermoplastic elastomer production capacity has been mainly concentrated in the United States and China. As related projects under construction and planned are put into production, global polypropylene thermoplastic elastomer production capacity will further increase in the future, and is expected to reach 6 million in 2024 Ton.
From the perspective of production process, the production process of polypropylene thermoplastic elastomer mainly includes three types: mechanical blending method, reactor synthesis method and dynamic full vulcanization method. Among them, the dynamic full vulcanization method products have a higher content of rubber components. From the perspective of market application, polypropylene thermoplastic elastomers are widely used in fields such as automobiles, construction, wires and cables, industrial supplies, and consumer goods. Among them, automobiles are the main application field of polypropylene thermoplastic elastomers, accounting for more than 60% of the applications. , followed by the construction field.
Industry analysts said that polypropylene thermoplastic elastomer has excellent properties and a wide range of applications. In recent years, with the encouragement of national policies and related technologies, Driven by progress, my country’s polypropylene thermoplastic elastomer industry is developing well. As relevant planned and under-construction projects come into operation, my country’s polypropylene thermoplastic elastomer production capacity will be further improved in the future, and the industry will have broad room for development in the future.