The POK polyketone market is small and consumption is concentrated in China.

POK polyketone is a new green polymer synthesized from olefins and carbon monoxide. It is an engineering plastic product. POK polyketone has excellent chemical resistance, hydrolysis resistance, impact resistance, high thermal distortion temperature, high elasticity, excellent friction properties, fuel resistance, high barrier properties, etc. It has excellent comprehensive performance and is mainly used in PA66, POM product substitution.

POK polyketone is an emerging environmentally friendly material that can be used in electronics, automobiles, aerospace, machinery, food packaging, fiber and other fields. POK material was first produced by DuPont, but the initial product lacked application value. In the 1980s, Shell achieved a breakthrough in the application of polyketones and launched thermoplastic products in 1996. However, due to various reasons, it announced the discontinuation of production in 2001, and its production technology was acquired by South Korea’s Hyosung Group. In 2015, South Korea’s Hyosung Group announced that POK polyketone was put into production and currently has multiple brands.

According to the “2021-2025 POK (Polyketone) Industry In-depth Market Research and Investment Strategy Suggestions Report” released by the Industrial Research Center , as of 2021, only South Korea’s Hyosung has POK polyketone production capacity in the world, with an annual production capacity of approximately 50,000 tons. However, the operating rate of this device is low, and the current annual output is approximately 16,000 tons/year. At present, South Korea’s Hyosung has developed a variety of POK polyketone grades. Common ones include M330A, M630A, M230AG6BA, M3408, M230A, IM330AG7BA, M640A, etc., which are used in gears, fuel tank caps, guide rails, sanitary ware, rollers, water meters, sports equipment, Electronic components and other fields.

In terms of consumer demand, the global POK polyketone market demand is mainly concentrated in China, the United States and Europe, with China’s demand accounting for more than 55%. At present, Hyosung mainly distributes its products in the country through agent sales and direct sales. Agents are mainly located in Shanghai and Shenzhen.

In terms of application, POK polyketone is currently mainly used in aerosol valves, water purifier components, oil production pipes and other fields in China. Among them, the demand in the field of aerosol valves is relatively high, about 45%, followed by oil production pipes. , accounting for about 25%. Since the industrialization of POK polyketone, the usage has continued to rise, and the industry development prospects are good. In the domestic market, POK polyketone is mainly used as a substitute for PA66. The price of conventional brand products and conventional PA66 is roughly the same. At the end of 2020, the price of PA66 in my country increased, while the price of POK polyketone remained unchanged, and its advantages in price competition are highlighted. However, due to supply constraints of POK polyketone, Hyosung Group has the exclusive right to speak. Therefore, domestic customers are not very receptive to POK polyketone, and the domestic promotion of POK polyketone is slow.

Industry analysts said that POK polyketone has a wide range of applications, high demand for domestic applications, and has environmental protection properties. The development of the industry The prospects are better. However, there is currently only one company in the world that can produce POK polyketone, and its production capacity is limited, which limits its promotion in the domestic market. The domestic POK polyketone market is currently small.