China is expected to become the world's largest polyurethane market in 2015
China is expected to become the world's largest polyurethane market in 2015
Polyurethane is the only all kinds of polymer materials in plastics, rubber, fiber, and functional polymer coatings, adhesives and so on all have important application value in the field of synthetic polymer materials, has become the most varieties in the polymer material, USES the most popular and fastest growing special organic synthetic material.
After years of development, China has become the world's leading consumer market for polyurethane and will become the world's largest market for polyurethane in 2015. World-renowned multinational companies have increased their investment in China, set up r&d centers, and put some advanced manufacturing technologies to China to achieve localized production.
Polyurethane materials, especially isocyanates, have high technical barriers, so the market share of the world polyurethane industry is dominated by several major chemical giants, and the industry concentration is very high.
MDI, as of the end of 2013, the global MDI total could be around 7 million tons, and domestic MDI could reach more than 2.5 million tons. MDI production capacity of MDI in China is 1.6 million tons/year, and the 600,000-ton MDI project of yantai started construction in early 2012 and is expected to be put into operation by the end of this year. In addition, wanhua acquired a stake in BorsodChem96, Hungary's largest chemical company, in 2011, with 200,000 tonnes of MDI capacity and a solid step outside the country. In the next few years, there are two major projects planned for MDI in China: the 400,000-ton/year MDI project of basf investment in chongqing will be put into production in the second quarter of 2015. Another sinopec (microblogging), basf, huntsman, Shanghai huayi, chlor-alkali chemical industry jointly announced recently, will start to build new MDI production plant in Shanghai, the production capacity of 480000 tons, plans to begin production in 2017.
In terms of TDI, there are now more than 30 enterprises and over 40 TDI production facilities around the world, with total output reaching more than 2.7 million tons. In the next few years, the global TDI market will grow at a rate of 4% to 5%. The global TDI market is expected to reach 2.3 million tons by 2015, and the TDI market in China will reach more than 800,000 tons annually.
China's polyurethane industry has developed in recent years, from basic raw materials to products and mechanical equipment. With the goal of energy conservation and emission reduction, the energy saving, environmental protection material and the upstream raw material products of polyurethane will have greater development space.
China produces 95 percent of the world's refrigerated containers, 60 percent of shoes and 70 percent of toys. China's building materials, spandex, textiles, synthetic leather and automobile production are among the world's largest. China's urbanization process has accelerated, high-speed rail investment has increased, and the demand for green synthetic wood has increased. The strong development of these industries has created huge market opportunities for polyurethane.
In terms of the world, the Asian market polyurethane industry is a rapid development momentum, relative to the western mature development of polyurethane industry, it is in a rapid growth in Asia, and China has become a global polyurethane development speed of the fastest. Is expected by the end of 2015, China's polyurethane industry scale will reach 9 million ~ 10 million tons, by speeding up industrial restructuring, improve the level of high-end products, preliminary form a rational layout, green environmental protection, low carbon efficient polyurethane industrial system. China will become a major producer of polyurethane, a major force in the future of global polyurethane market growth.
Editorial opinions:
Polyurethane is a highly flexible material that provides application solutions for buildings, furniture, bedding, cars, coatings and other areas. Polyurethane helps save energy and reduce emissions because it is durable, lightweight and highly flexible.
China's polyurethane industry has developed in recent years, from basic raw materials to products and mechanical equipment. With the goal of energy saving and emission reduction in the 12th five-year plan, the energy saving and environmental protection materials of polyurethane will have greater development space. According to the experts' forecasts, there will still be significant development space for polyurethane and upstream raw material products during the 12th five-year plan period. In 2015, China will become the world's largest market for polyurethane.
China is the world's third-largest economy and the second largest consumer market for polyurethane. China's urbanization process is accelerating, high-speed rail investment is increasing, and the demand for green synthetic wood is increasing. The strong development of these industries has brought huge market opportunities for polyurethane. China has become a major producer of polyurethane, a major force in the future of global polyurethane market growth. In recent years, the domestic polyurethane industry has been introduced with independent r&d and technology, the level of technological innovation has been continuously improved, and the pace of industrial upgrading has been steadily accelerated. In terms of the world, the Asian market polyurethane industry is a rapid development momentum, compared with the western mature PU industry, it is in a rapid growth in Asia, mainly concentrated in China and India market demand, and China has become a global polyurethane development speed of the fastest.
