7 major development trends of modified plastics in the future

Next, we will take stock: the major manufacturers of the modified plastics industry, the development opportunities in 2017 and the future development trend.

1. Major manufacturers of modified plastics

At present, there are thousands of enterprises in China engaged in the production of modified plastics, but there are only more than 70 large-scale enterprises (capacity of more than 3,000 tons), with less than 10,000 tons, and the total production capacity exceeds 2 million tons. In terms of production capacity, domestic enterprises account for about 73%, and foreign or joint ventures account for about 27%. However, from the perspective of market share, domestic enterprises have a market share of only 30%, while foreign companies have a market share of 70%. %. At present, foreign large enterprises that have established modified plastic production bases in China:

SABIC, DuPont, SOLVAY, Dow, BASF, LANXESS, BAYER, Celanese, Asahi Kasei, Polyplastics, Samsung, LG, Kumho, DSM, etc. Global and Hong Kong and Taiwan regions: China's modified plastics company ranking:

Taiwan Chi Mei (the world's largest manufacturer of abs resin, the main products are not modified ABS, HIPS and PC / ABS alloy, etc.)

Shin Kong (main products without modified PBT, etc.)

South Asia (main products without modified pvc, modified PBT, etc.)

Changchun (PBT resin and modified product manufacturer), Hong Kong Hongxing Yixing (main products are plastic masterbatch, TPE, etc.)

DuPont (the world's largest nylon resin manufacturer, modified products without modified nylon, polyester, POM, etc.)

DOW (the largest PS manufacturer in the world, modified products without modified HIPS, ABS, etc.)

PolyOne (producing the production of modified plastics, the main products modified PVC / ABS alloy, nylon, PBT, TPE, etc.)

RTP (producing the production of modified special engineering plastics, the main products are non-conductive plastic, long glass fiber reinforced thermoplastics, LCP, PPS, PI, etc.)

China's modified plastics company ranking:

Mitsubishi (modified plastic products mainly do not have PC/ABS alloy, PP for household appliances, etc.)

Toray (the world's largest carbon fiber producer, the main modified products are not modified ABS, AS, PC, PMMA, etc.)

Teijin (modified plastic products mainly without PC/ABS alloy)

South Korea's Samsung (modified plastic products are mainly modified HIPS, ABS, PP, etc.)

LG (modified plastic products mainly without modified ABS, PC/ABS alloy, etc.)

SK (modified plastic products mainly have no cross-linked PE, gas permeable membrane data, etc.)

Kumho (modified plastic products mainly without modified HIPS, ABS, ASA, etc.)

2. Overview of development over the years

China's plastic consumption has grown steadily and has entered the ranks of the world's major powers. In 2014, the global demand for modified plastics was 130 million tons. In 2015 this value increased to 144 million tons. During the period 2014-2020, the global compound plastics demand will grow at a compound annual growth rate of 4.6%. The main development goals of the industry in the “13th Five-Year Plan” are: the annual output of modified plastic products will increase by about 15%, the total industrial output value will increase by about 12% annually, and the total profit, total profits and taxes will increase by about 16% annually. The growth rate is about 10%, and the output rate of new products and the contribution rate of scientific and technological progress are increased to 10% and 40% respectively, and the development potential is huge.

3. 2017 Modified Plastics Opportunity

1. On December 19, the State Council issued the "13th Five-Year Plan for the Development of Strategic Emerging Industries". During the "Thirteenth Five-Year Plan" period, China will use the research and development of modified plastics as a breakthrough to focus on improving the ability of scientific and technological innovation and comprehensively upgrading plastics. The technical level of the industry. Strengthen the technological innovation of green recycling, high-quality modification and high-value utilization of recycled plastics, actively carry out technological upgrading, improve resource utilization efficiency, improve the technical standards and product value of recycled plastic products, and enhance the overall competitiveness of the industry.

2. In the development plan of “Made in China 2025” issued by the Chinese government, new materials are listed as one of the key development areas, and synthetic resin is an important part of the new material industry. The synthetic resin industry will become a period of time to be manufactured in China. A key industry that prioritizes development.

3. Automotive lightweighting provides new opportunities for the development of the modified plastics industry. Lightweight has become the focus of today's new car research and development. To achieve the goal of lightweighting, in addition to optimizing the structure and process design, most of them focus on the selection of materials. Currently, automotive modified plastics are widely used in parts such as bumpers, engine covers, airbags and seat belts. The integration of high-performance plastic not only reduces the weight of the car, but also plays the role of shock absorption and wear resistance, thus further extending the service life of the car. Compared with 42% of the world's modified plastics used in the automotive industry, it is only about 10% in China. It is expected that the automotive industry will become the fastest growing area of ​​engineering plastics consumption in the next few years. By 2020, the annual output of China's automobiles will reach 28.46 million. According to the conservative use of 300kg/set of automotive modified plastics, the compound annual growth rate of the automotive modified plastics industry will reach 25.89% in the next five years.

4. Analysis of future development trends

China's modified plastics industry has a large room for development. The data shows that the total output of plastics in China has increased from nearly 18 million tons in 2004 to nearly 80 million tons in 2016, and the modification rate has also increased from 8% to 19%. However, compared to 40% of the world's modified plastics used in the automotive industry, China is only about 10%. An important indicator to measure the development level of a country's plastics industry - plastic-steel ratio, China is only 30:70, less than the world average of 50:50, far less than developed countries such as the United States 70:30 and Germany's 63:37. There is still a big gap between China's per capita plastic consumption and the developed countries in the world.

The future development trends mainly include the following aspects:

1. During the “Thirteenth Five-Year Plan” period, China’s synthetic resin industry will focus on the requirements of lightweight, high-strength, high-temperature, shock absorption and sealing in the fields of automobiles, modern rail transit, aerospace and other fields, and intensify the intensity of innovation and development. Efforts will be made to improve the quality of engineering plastic products and accelerate the development of high-end products such as long carbon chain nylon, high temperature resistant nylon, amorphous copolyester (PETG), thermoplastic polyester elastomer (TPEE), and high performance polyoxymethylene modified products.

2. Accelerate the development of key supporting monomers and engineering plastic alloys, focusing on the development of modified plastic products with enhanced, toughened, heat-resistant, spray-free, microcellular foaming, and low volatile organic compounds (VOC). Strive to achieve more than 70% domestic self-sufficiency rate of engineering plastics by 2020, and the self-sufficiency rate of high-end polyolefins is close to 70%, and the special polyester engineering plastics with better foundation will achieve net export.

3. General plastics engineering: Although the new engineering plastics products continue to increase, the application fields are constantly expanding, and the cost is gradually reduced due to the expansion of production equipment. However, in today's mature and modified technology, the general-purpose thermoplastic resin has gradually become an engineering feature through modification, and has already seized the application market of some traditional engineering plastics.

4. High-performance engineering plastics: With the vigorous development of domestic automotive, electronic and electrical, communication and machinery industries, the demand for modified plastic engineering plastics will increase significantly, and various high-strength and heat-resistant engineering plastics will be widely used.

5. Development of new high-efficiency additives has become another important direction for the development of modified plastics: additives for modified plastics, in addition to additives commonly used in plastic processing, such as heat stabilizers, antioxidants, UV absorbers, nucleating agents, and anti- In addition to electrostatic agents, dispersants and flame retardants, toughening agents, flame retardant synergists, alloy compatibilizers (interfacial compatibilizers) have a very important impact on the performance of modified plastics.

6. With the rapid development of China's plastic products industry, the output of masterbatch will increase significantly compared with the past. Some masterbatch varieties will no longer be directly supplied to downstream plastics manufacturers, but will be directly supplied to upstream petrochemical enterprises. Color masterbatch and resin will be directly used to make color modified materials, such as pipe materials and automotive special materials. The formation of this production mode has transformed the production mode of masterbatch, which has always been characterized by small batches and varieties, into a single-variety and large-scale production mode. The change of production mode will also challenge the masterbatch technology. How to ensure the uniformity of the masterbatch produced and how to adapt to the large screw granulation technology will be the technical problem to be solved by this masterbatch.

7. The development space of modified plastics is huge, and environmentally friendly products are favored. Yinhao Technology has basically completed the 16,000-ton high-performance environmentally-friendly modified engineering plastics project and the infrastructure project of the super-raised project Suzhou new production base. The successful investment in the investment project has increased the company's annual production capacity to nearly 200,000 tons. As the company's production capacity is released, the scale benefits will gradually appear, which will further reduce the company's cost and significantly increase the bargaining power.

to sum up:

The "Thirteenth Five-Year Plan" period is a crucial moment for the development of China's modified plastics industry. It is expected that the main development goals of the industry in the “13th Five-Year Plan” will be: the annual output of modified plastic products will increase by about 15%, the total industrial output value will increase by about 12% annually, and the total profit, total profits and taxes will increase by about 16% annually. The average annual growth rate is about 10%, and the output rate of new products and the contribution rate of scientific and technological progress are increased to 10% and 40% respectively. At present, there is still a gap between China's modified plastics production enterprises and foreign countries. During the “13th Five-Year Plan” period, for enterprises It is an excellent period for realizing profit growth. I believe that when the 13th Five-Year Plan is completed, China's modified plastics industry will be able to reach a new level and there will be more outstanding enterprises that can compete with large international companies.