Strong market demand for PERT pipes has attracted many companies to expand into the PERT pipe market
PERT pipe is a heat-resistant polyethylene pipe. It is a non-cross-linked polyethylene that can be used in hot water environments. It is a medium-high density polyethylene. PERT pipes are chemically stable, resistant to low temperatures, have good impact resistance, are non-toxic, tasteless, environmentally friendly, recyclable, and are easy to install. Therefore, the application demand in the field of floor heating continues to rise. There are two types of PERT pipes: PERT I and PERT II. The main difference between the two is the high temperature resistance level. The use temperature of PERT I pipe is usually below 70℃, while the use temperature of PERT II is 70-9570℃. In the market, PERT I market demand is currently higher.
Major companies around the world have developed different PERT raw materials. The production companies include Daelim of South Korea, Dow, Dow of the United States, LG of South Korea, SK of South Korea, Basel and other companies. In 2017, my country’s demand for PERT pipe resin was about 250,000 tons. In recent years, the floor heating industry has developed slowly, and the demand for PERT pipe resin has grown slowly, reaching about 310,000 tons in 2019.
According to the “China PERT Pipe Industry Application Market Demand and Development Opportunities Research Report 2021-2026” released by the Industrial Research Center, early my country’s PERT pipe resin relies on imports. However, as Fushun Petrochemical, Daqing Petrochemical, Lanzhou Petrochemical, Dushanzi Petrochemical, etc. realize the production of PERT raw materials, my country’s supply of PERT raw materials reached 110,000 tons in 2017, accounting for 44% of the total demand. By 2019, the domestic supply of PERT pipe raw materials will reach about 160,000 tons.
Affected by the geographical environment, the penetration rate of floor heating varies across my country. In the north, the penetration rate of mature floor heating is higher, but in southern cities, the demand for heating is less. As far as the development of the PERT pipe industry is concerned, Northeast China and North China are currently the main markets. There is greater room for development in the central and western regions. However, East China is subject to geographical restrictions and the market is relatively small. However, the economy in East China is relatively developed. As residents’ requirements for living environment and winter heating increase, there are certain development opportunities for PERT pipes in this region.
In terms of market competition, the PERT pipe materials produced by Qilu Petrochemical are of good quality and highly recognized by the market. Its QHM22F and QHM32F products have high market influence. In terms of floor heating pipe processing, there are currently many domestic floor heating pipe processing companies. Representative companies include Weixing New Building Materials Co., Ltd., Lesso Group, Jinniu Economics, Hongyue Plastic and other companies.
Low-pressure pipes are high-end products among pipes, but as production capacity and output increase, industry profits decrease. Among the many low-pressure pipe products in 2020, the price of PERT pipes is relatively strong, attracting many general pipe production companies to transform. In 2021, Ningxia Baofeng, Yan’an Nenghua, Zhongsha Petrochemical and other companies have deployed PERT pipes.
Industry analysts said that PERT pipes are used to produce PERT pipes and are mainly used in the field of floor heating. Influenced by the development of the real estate industry, PERT pipes have been The demand for PERT pipes has shown a steady growth trend in 2019. In terms of production, there are many PERT pipe manufacturers. Foreign companies have been in this field earlier and have better product performance. my country has realized the localization of PERT pipes, but currently the proportion of imported materials is still high, and there are still development opportunities for the industry.