Cast polypropylene film market demand grows slowly, supply and demand tend to be balanced

Cast polypropylene (CPP) has the advantages of heat resistance, low heat sealing temperature, high barrier, good gloss, and uniform thickness, and plays an important role in films. Compared with BOPP, CPP has the characteristics of simple processing equipment, low cost, and excellent mechanical properties. It has a high demand as a packaging film. It is usually used as a packaging material for cosmetics, medicine, and food, especially in the food field. higher.

CPP can be mainly divided into three types: GCPP, MCPP, and RCPP. GCPP has been widely used in food and daily necessities packaging; MCPP is mainly used for packaging biscuits, instant noodles, tea, mustard and other products; RCPP is used in aseptic packaging and retort packaging. field, mainly used for packaging cooked food, meat, and seafood products.

my country’s CPP production equipment is mainly imported from abroad, mainly from Germany, Austria, Japan and other countries. There are currently hundreds of CPP manufacturers in China. Common ones include Xingda Plastics, Huishi Plastics, Dadongnan Co., Ltd., Ziteng Packaging, Camtuo Plastics, Jianghong Packaging, etc., with production capacity of more than 20,000 tons.

According to the “2021-2025 China CPP Film Industry Market In-depth Research and Development Prospects Forecast Report” released by the Industrial Research Center, the benefits Due to the continuous improvement of the domestic CPP industry chain, my country’s CPP production capacity has grown steadily, reaching 1.25 million tons in 2019. With the growth in demand for CPP in cosmetics, medicine and other fields, my country’s CPP consumption continues to rise, reaching 1.11 million tons in 2019. Due to the rapid growth of CPP film production capacity in the early stage, resulting in a serious imbalance between market supply and demand, CPP film prices have shown a downward trend. In recent years, under the influence of the improvement of the downstream demand structure of CPP films, the domestic CPP film market has shown a growth trend, reaching 11.5 billion in 2019. Yuan.

There are many varieties of CPP films, such as common composite films, fiber packaging films, low-temperature heat sealing films, metal retort films, low-temperature impact-resistant films, etc. As the downstream demand structure changes, CPP film companies also need to continuously develop new products, such as highly transparent and ultra-soft films, antistatic films, etc., to seize market segments. In order to improve the performance of CPP films, reduce costs, and broaden the application fields of CPP, new products need to be continuously developed in the future. High-gloss, highly transparent CPP film materials have development prospects. In recent years, with the continuous innovation of CPP film production technology, the improvement of production efficiency and the reduction of costs, it is expected that the demand for CPP film applications will show a growth trend in the future, and the market size will continue to expand. By 2025, the size of my country’s CPP film market will reach 15.8 billion yuan. .

Industry analysts said that CPP films are mainly used in the field of food packaging. Benefiting from the development of downstream food, pharmaceutical and other industries, CPP The film market demand is growing steadily. In terms of production, there are many domestic CPP film manufacturers with high production capacity and obvious overcapacity. From a development perspective, as the downstream structure of CPP films continues to be optimized, market demand will still show a growth trend in the future, but overall the growth rate is small, and supply and demand are in balance.