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    Home > Chemicals Industry > Rubber Plastic News > Engineering plastics: the market demand is nearly 6 million tons, and product prices continue to decline

    Engineering plastics: the market demand is nearly 6 million tons, and product prices continue to decline

    • Last Update: 2022-08-23
    • Source: Internet
    • Author: User
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    Although China's engineering plastics started late, they have developed rapidly, and have gradually formed a complete industrial chain with related supporting capabilities such as resin synthesis, plastic modification and alloying, processing and application


    .


    1.
    The production capacity of engineering plastics is gradually increasing

    1.
    The production capacity of engineering plastics is gradually increasing

    Compared with foreign developed countries, the production capacity of engineering plastics in China is relatively backward.
    In recent years, after continuous development, the production capacity of engineering plastics in China has gradually increased.
    Butylene glycol ester (PBT resin) and polyphenylene ether resin) have been mass-produced, and most of the special engineering plastics are in production development except for polyphenylene sulfide, polyimide, and polyether ether ketone, which have initially achieved industrialization.
    and applied research stage


    .


    2.
    There are many downstream applications

    2.
    There are many downstream applications

    Engineering plastics are widely used in electrical and electronic, automobile, construction, office equipment, machinery, aerospace and other industries.
    It has become an international trend to replace steel with plastic and replace wood with plastic


    .


    3.
    In 2019, the demand of China's engineering plastics industry is nearly 6 million tons

    3.
    In 2019, the demand of China's engineering plastics industry is nearly 6 million tons

    With the rapid development of China's automobile, electronic appliances and construction industries, China has become a country with a rapidly growing global demand for engineering plastics


    .


    Note: The data for 2019 has not yet been released.
    This is a forward-looking estimate based on market development through a model, for reference only!

    4.
    Product prices continue to slump

    4.
    Product prices continue to slump

    ——Nylon price volatility decreased

    ——Nylon price volatility decreased

    In 2019, the price of China's PA6 market showed a trend of high before and after low.
    It seems that the price has declined as a whole throughout the year, with a sharp decline in the second quarter, and a range of fluctuations in the third and fourth quarters.
    In 2019, the average price of China's PA6 was 14,586.
    6 yuan / tons, a year-on-year decrease of 20.
    67%


    .


    Since 2020, affected by the new crown epidemic, the market demand for PA6 and PA66 in China has continued to be sluggish, and the market price of PA6 and PA66 has continued to decline.
    As of the end of April 2020, the market price of PA6 has dropped to 10,367 yuan/ton, and the market price of PA66 has dropped to 19,900 yuan.
    Yuan/ton


    .


    ——The downward pressure on PC prices is great

    ——The downward pressure on PC prices is great

    In 2019, China's PC supply was abundant.
    Affected by global trade frictions, downstream demand declined.
    The overall PC market price continued to decline throughout the year.
    The price fluctuation in the first quarter was not large, and the price dropped sharply from mid-March.
    Prices in the second and third quarters remained within a range and fluctuated, and PC prices experienced a new round of sharp declines in mid-October


    .


    Since 2020, the market price of China's PC industry has rebounded slightly in January.
    Since the new crown epidemic at the end of January, the production of downstream enterprises has been affected, the inventory of the PC industry has increased, and the price of the PC market has fluctuated and declined.
    By the end of April 2020, the average price of the PC market Down to 12,100 yuan / ton


    .


    ——There is room for downside in the price of POM

    ——There is room for downside in the price of POM

    In 2019, affected by macroeconomic and other uncertain factors, the international trade environment was tense, and the environmental supervision policy was restricted, the overall start-up load of the downstream POM was low, the demand for POM was insufficient to follow up, and the market price fell as a whole
    .
    In the first quarter, affected by the growth of downstream demand, the price of POM rose slightly.
    Since the second quarter, the downward pressure on the macro economy has increased, and the downstream industry of POM has maintained a low-load operation, and the price of POM has begun to decline.
    Affected by the peak demand season of "Gold, Nine, Silver and Ten", the price of POM has rebounded, and then it has entered a new round of decline

    .
    In 2019, the average price of POM in China was 12,633 yuan/ton, a year-on-year decrease of 13.
    67%

    .

    In 2020, the new crown epidemic has caused a great impact on the POM downstream industry, and the downstream demand for POM continues to decline.
    As of the end of March 2020, the price of POM has dropped to 10,100 yuan / ton.
    It is expected that as enterprises resume work and production, the downstream demand for POM will gradually resume.
    There will be a slight increase, but the demand momentum is still insufficient, and the POM price still has room to go down

    .

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