What is the market price of modified polypropylene? Modified polypropylene market analysis

Modified polypropylene (PP) plastic, as the name implies, is based on polypropylene raw materials for its performance and other improvements, such as enhancing the impact, tensile strength, and elasticity of polypropylene (PP) materials. Polypropylene modified plastics are mainly obtained by grafting modification, copolymerization modification, crosslinking modification, and blending modification. So, what is the future market situation of the modified polypropylene industry?

　　 Modified polypropylene market price how to analyze the market price of modified polypropylene

　　 In recent years, with the development of the domestic economy and the continuous advancement of the country’s policy of "replacement of steel with plastic" and "replacement of wood with plastic", China's production of modified plastics has achieved large-scale growth. The application of modified plastics in my country covers traditional industries such as home appliances, automobiles, office supplies, electronic and electrical and high-tech fields such as rail transit, precision instruments, aerospace, and new energy. The output has increased from 7.05 million tons in 2010 to 1955 in 2019. 10,000 tons, showing a rapid growth trend. At the same time, the modified plastics industry has also achieved rapid development. Modified equipment and technology have continued to mature, and the modified plastics industry system has gradually improved, and has become an important part of the national plastics industry. Compared with foreign markets, the modified plastics industry in China started late. Domestic modified plastics companies have developed from the original imitation and innovation stage to the independent research and development innovation and large-scale application stage. The industry competition has shifted from the original monopoly of international companies to domestic superior companies and multinational companies. Competitive pattern on the same stage. China is a big manufacturing country. With the continuous development of the economy and the continuous improvement of modified plastics technology, there is a lot of room for the market demand for modified plastics in the future.

　　 Nearly a quarter of modified plastics are modified polypropylene. In 2019, the output of modified polypropylene reached 5.013 million tons, accounting for 25.6% of modified plastics.

　　The overall global polypropylene modification rate is slightly higher than that in China, reaching about 25%. In 2019, the global modified polypropylene production capacity reached 22.23 million tons, the output was 20.63 million tons, and the demand was 17.58 million tons.

　　Supply overview of China's modified polypropylene industry

　　 One, 2017-2019 China's modified polypropylene supply analysis

　　 In recent years, with the development of the domestic economy and the continuous advancement of the country's policy of "replacement of steel with plastic" and "replacement of wood with plastic", China's modified plastic output has achieved a large-scale increase. The application of modified plastics in my country covers traditional industries such as home appliances, automobiles, office supplies, electronic and electrical and high-tech fields such as rail transit, precision instruments, aerospace, and new energy. The output has increased from 7.05 million tons in 2010 to 1955 in 2019. 10,000 tons, showing a rapid growth trend. At the same time, the modified plastics industry has also achieved rapid development. Modified equipment and technology have continued to mature, and the modified plastics industry system has gradually improved, and has become an important part of the national plastics industry. Compared with foreign markets, the modified plastics industry in China started late. Domestic modified plastics companies have developed from the original imitation and innovation stage to the independent research and development innovation and large-scale application stage. The industry competition has shifted from the original monopoly of international companies to domestic superior companies and multinational companies. Competitive pattern on the same stage. China is a big manufacturing country. With the continuous development of the economy and the continuous improvement of modified plastics technology, there is a lot of room for the market demand for modified plastics in the future.

　　 Nearly a quarter of modified plastics are modified polypropylene. In 2019, the output of modified polypropylene reached 5.013 million tons, accounting for 25.6% of modified plastics.

　　 2. Analysis of the supply characteristics of China's modified polypropylene industry in 2019

　　 In 2019, the new capacity of polypropylene was 2.02 million tons, the overall production capacity of polypropylene was 25.13 million tons, and the output was 22.99 million tons. At present, with the improvement of polypropylene modification technology, the modification rate has also increased. In 2019, the modification rate of polypropylene reached 21.8%. In 2019, the output of modified polypropylene was 5.013 million tons, a year-on-year increase of 9.66%.

　　 Three, 2020-2025 China's modified polypropylene industry supply forecast analysis

　　 Starting in 2019, domestic polypropylene has entered a new round of capacity expansion. According to the currently announced production plan, there will be 9.51 million tons of new domestic polypropylene production capacity in 2019 and 2020, and 11.2 million tons of planned production capacity after 2021. If these production capacities are finally put into production as scheduled, it is estimated that the domestic polypropylene production capacity will reach 45 million tons around 2025. However, according to the actual situation, generally these production capacity will not be put into production. It is conservatively estimated that at least 70% will be put into production. That is, by 2025, my country’s new polypropylene production capacity will be at least 14 million tons to 39.13 million tons, and the modification rate in 2025 is estimated to be 23%. , The capacity utilization rate is 90%, and my country’s modified polypropylene will add 3.17 million tons to 8.182 million tons in 2020-2025.